The best no foreign transaction fee credit cards in Canada + MORE Aug 13th

If you’re travelling abroad and using your credit cards for most purchases, foreign transaction (forex) fees can really take a bite. That’s because card issuers charge around 2.5% on every foreign purchase—on top of the exchange rate.

You can avoid this fee by using a card that waives it. Alternatively, you could offset the fee with a credit card that offers more than 2.5% back in rewards on those purchases. There’s a lot of valuable information to cover, so let’s get started.

What is the best no foreign exchange fee credit card in Canada?

We’ll cut to the chase and show you the best 0% forex change fees cards currently available.

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Gold: Best no forex credit card

Scotiabank Gold American Express Card

Earn up to 6 Scene+ points per $1 spent and access incredible travel perks, including no foreign transaction fee…

Today we have another travel related promotion from Amex Offers! This time we see the return of everyone’s favourite – an offer for Marriott hotel stays. This offer provides a $100 statement credit when you spend at least $500 at Marriott Hotels in Canada, Mexico & the U.S.. Personally, I received the offer on my […]
The post Amex Offers: Spend $500 at Marriott Hotels and receive a $100 statement credit appeared first on Rewards Canada.

New-found freedom and an early taste of adulthood await many young adults starting post-secondary education this fall. 

With freedom comes responsibilities: attending classes and studying while also maintaining a social life and making time for chores, meals and maybe even a part-time job—all while trying not to let any debt spiral out of control.

“A lot of things change financially for you when you turn 18,” said Shannon Lee Simmons, a Certified Financial Planner and founder of New School of Finance. Students entering post-secondary might want to apply for credit cards, open a chequing account and will likely now find themselves responsible for day-to-day expenses, she said. “There’s big financial stakes and your first time doing it in a big way, all happening at the same time.”

Several studies have highlighted the financial struggles of post-secondary students over the years, as costs for tuition, books and meals increased—adding stress to an already-long list of concerns young adults are dealing with today…