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?
New increased welcome bonus of 3,000 miles on the American Express® AIR MILES®* Platinum Credit Card + MORE Oct 21st
During the first six or so months of the pandemic American Express shifted their focus to enhancing card offers and encouraging spending for existing cardmembers. Those offers were extended to almost all of American Express' cards except for one part of their portfolio, the AIR MILES co-brand .... More »
I’ve often said that one of the easiest ways to make a few extra bucks is by participating in online surveys. While paid surveys are never going to make you rich, it’s something that you can try while you’re doing other things, like watching Netflix, or sitting in a waiting room. MyPoints is o.... More »
In a somewhat surprising move on October 21, 2020, WestJet announced it will be issuing refunds to the original form of payment to travellers who had their flights cancelled due to COVID-19. You would think this would have been an obvious move back in March 2020, but airlines are notorious for holdi.... More »
Here is the weekly wind up of all the blog posts from the past week here on Rewards Canada:Amazing award night redemption opportunity at the new Radisson Blu Hotel Toronto (Book by October 25) Earlier this week we let you know that the first Radisson Blu Hotel in Canada opened up its….... More »
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors. The pandemic holiday season is near This will be our first “global pandemic holiday season.” That phrase does not have a nice festive ring to it, I know. And it might not .... More »
Top 7 Cash Back Credit Card Sign Up offers for October – These cards provide the best value out of their welcome bonuses
Here are the Rewards Canada Top 5 7 Cash Back Credit Card Sign Up offers for the month of October 2020! This is not a ‘best’ credit card list like our Top Cash Back Credit Card rankings but instead a look at cards that have very good acquisition (welcome/sign up) offers. As always when choosing a card you should always take other factors into account other than the just sign up bonus, but when some of these cards are first year free, they can and do pay off even when you grab them strictly for the sign up rewards. This month we see six of the seven cards offering the first year free. Oh and this month we had to go with 7 cards instead of our usual 5 cards due to the four of them all offering the same welcome bonus.Here are our top 7 cash back credit card sign up offers for October (in order of value) SimplyCash™ Preferred Card from American Express – 10% cash back on all purchases up to $4,000 (Apply here)Welcome offer cash back value: $301 ($400 – $99 annual fee) This card is offering 10% cash back on all spending during the first four months of having the card…
Top 5 Small Business Credit Card Sign Up offers for October – These cards provide the best value out of their welcome bonuses
Here are the Rewards Canada Top 5 Small Business Credit Card Sign Up offers for the month of October 2020! This is not a ‘best’ credit card list like our Top Travel Rewards Credit Card rankings but instead a look at cards for small businesses that have very good acquisition (welcome/sign up) offers. As always when choosing a card you should always take other factors into account other than the just sign up bonus, but when some of these cards are first year free, they can and do pay off even when you grab them strictly for the sign up rewards. This month we see four first year free cards on the list! And remember this list is based on minimum value towards travel which we calculate as the minimum value of the welcome bonus less the annual fee. It is entirely possible to receive more value out of the welcome bonuses on some the cards below namely those like Aeroplan and Marriott. I should note there is one other business card to take a look at and that is the Business Platinum Card from American Express…
Marriott Bonvoy Week of Wonders – Hotels pricing at off-peak award night rates when you book by October 15
Marriott Bonvoy is celebrating its members and kicking off a Week of Wonders starting today through October 15, 2020. The Week of Wonders provided numerous promotions that Marriott Bonvoy members can take advantage of – some of which are already ongoing like Marriott Bonvoy Escapes, the 50% bonus for buying Marriott points and 2,500 bonus points on stays until October 18. The new offers being provided as of today are the award night sale (which this post mostly focuses on), a sale on items purchased from the Marriott store and a free night when you book stays via Homes & Villas by Marriott International.The promotion that is most attention worthy is the award night sale and here’s what Marriott tells us about it:Members can discover more of the Marriott Bonvoy portfolio by being able to book rooms with points for up to 33% less than standard rates at more than 7,000 participating hotels and resorts worldwide for stays through November 30, 2020.That’s right hotels around the world are being offered at their Off-Peak price for stays until the end of November when you book by October 15…
Have credit with Alaska Airlines? You might be targeted to convert it to Mileage Plan miles at an amazing rate!
Today Alaska Airlines launched an initiative similar to Air Canada when you can convert Alaska Airlines wallet credit to Mileage Plan miles. Think of it as Air Canada’s option that allows you cancel tickets you have bought and convert them to Aeroplan miles. Aeroplan gives you a 65% bonus on the miles you receive based on their standard buy miles rate which works out to buying those Aeroplan miles for well under 2 cents per mile. This Alaska offer is just as generous if not more – there isn’t a bonus but what they are doing is giving qualifying members 10,000 miles for every $100 in Alaska Airlines wallet credit. This means you are buying those very lucrative Mileage Plan Miles for only 1 cent (US$) each! Here are the terms of this offer:Offer valid through October 12, 2020 11:59 pm (PT): Qualifying members who receive this offer directly from Alaska Airlines via email can exchange Alaska wallet funds in increments of 25%, 50%, 75%, or 100% of their current wallet balance for Mileage Plan bonus miles at an exchange rate of 100 miles per $1…