RWRDS Daily Update – August 13, 2024: Get up to 50,000 Aeroplan points back on car rental redemptions + MORE Aug 14th

The “Big Five” Canadian banks offer credit cards and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Did you know that there are many other options?
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This Week in RWRDS April 11, 2025: 43 Million Points….. Gone! Apr 12th

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TD Rewards improves the any travel anytime reward option for their credit cards! + MORE Oct 10th

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I would like to see an article on what to do when the credit card becomes less useful, such as when the introductory benefits wear off. Is it best to let it go dormant? What about fees? Will it affect my credit rating? How many cards is too many?

—Lisa

Should you keep a credit card you don’t use?

Thank you for your questions, Lisa. When the introductory perks of your credit card come to an end, it’s common to wonder if the card is still worth keeping. In this article, we’ll look at the pros and cons of letting the card sit unused, as well as how to understand potential fees and how it may impact your credit score.

The best credit cards for bad credit
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What happens when the promo expires?

When promo offers for a credit card in Canada expire, cardholders often see a shift in the terms and conditions of their account.

Typically, when you get a new credit card, the benefits might include promotional interest rates, bonus rewards points or cash-back offers for spending a certain amount in the first few months…

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Get up to 50,000 points back when redeeming for car rentals with Aeroplan and Earn 2x DISCOVERY Dollars and save 30% on stays at Pan Pacific Hotels in Toronto & Vancouver. Check out today’s points & miles updates here:
The post RWRDS Daily Update – August 13, 2024: Get up to 50,000 Aeroplan points back on car rental redemptions appeared first on Rewards Canada.

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