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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CIBC AC Conversion Visa Review - Load up to 10 currencies and earn 1% cash back until October 31 + MORE Aug 26th
Earlier in the year we brought quick details of the limited time cash back offer for CIBC's AC Conversion Visa and now wanted to delve deeper into what this card is and what it offers. The CIBC AC Conversion Visa is a prepaid Visa credit card option offered by CIBC and Air Canada that h.... More »
Coveted 50% Transfer Bonus for RBC Rewards (Avion only) to British Airways Executive Club is back until Dec 15, 19 + MORE Nov 5th
RBC Avioners rejoice! The 50% transfer bonus to British Airways Executive has made a come back after three years! Last seen in November of 2016 (see our post here) many of us thought this awesome offer was never to be seen again! We have become accustomed to the 30% twice per year since then but.... More »
June 6 Update: $10 statement credit for J. Crew with Amex Cobalt and British Airways drops Calgary for the winter + MORE Jun 7th
Another American Express Cobalt Perks offer came out this month. This time they have partnered with J. Crew (a long time Amex partner) that when you shop at J. Crew stores in Canada and you can receive a $10 statement credit when you spend $50 or more on your registered Cobalt Card. Find out mo.... More »
Canada’s best Mastercard credit cards 2019 + MORE Jul 17th
As one of the top credit card processors in the world, Mastercard is both extremely popular and also nearly universally accepted. For those already banking at BMO Bank of Montreal, a major Canadian bank that associates with Mastercard, these cards may offer all the perks you’re after along with op.... More »
Canada’s Best Visa Credit Cards 2022 + MORE Apr 11th
When consumers shop for a new credit card, they typically look at the ability to collect points, the insurance coverage offered, fees and interest rates on unpaid balances—not at the credit card company itself. But if you already have an account with RBC, CIBC, Scotiabank or any other Visa issuers.... More »
A credit card checkup includes reviewing annual fees
– creditcards.com
Before paying your credit card’s annual fee for another year, look at whether you’re getting your money’s worth and consider other card options.
Earn up to 2,000 Bonus AIR MILES Rewards Miles with the 2017 Shop the Block event
– RewardsCanada.ca
The annual AIR MILES Shop the Block event launched on November 14 and presents a really nice bonus mile earning opportunity. If you meet the requirement of using Shop the Block coupons at 3 or more sponsors you’ll be awarded with up to 2,000 Rewards Miles over and above the base miles and coupon bonus miles awarded.Bonuses are as follows:Use 3 different offers Get 300 Bonus Miles Use 5 different offers Get 1,000 Bonus Miles Use 7 different offers Get 2,000 Bonus Miles Now to earn the bonus won’t come cheap if you don’t have any planned shopping this month at the participating sponsors. On the other hand if you do or can move shopping from one retailer to another that is an AIR MILES Sponsor than you can earn those bonus miles for your everyday regular spending.The cheapest way we found to earn the bonus simply by looking at all the details on the coupons (Alberta region) would be as follows:Spend $25 on almost anything at Rexall (15 Bonus Miles coupon- this was 50 in the spring edition of this offer called Mega Miles)Spend $50 at Top Shop Top Man (100 bonus Miles coupon)Spend $50 at Shell that also includes a minimum 25L gas purchase (10 Bonus Miles coupon)Spend $45 at The Children’s Place (5x Miles Coupon)Spend $50 at Global Pet Foods (15 Bonus Miles Coupon)If you have a BMO or American Express AIR MILES Credit Card achieving the bonus can be easier as it will count as one offer if you make 25 or more in-store purchases on one of the cards…Membership Rewards Use Points for Purchases explained
– RewardsCanada.ca
In 2016 American Express took a major step in providing more flexible reward options for Cardmembers earning Membership Rewards points. They took their very popular TripFlex option, which allowed Cardmembers to redeem points against any travel charge that was paid for with a Membership Rewards earning card from American Express, and expanded it. The expanded program is now called Use Points for Purchases, which is fitting because you can literally use points for almost any purchase on your card.The Use Points for Purchases still incorporates the old TripFlex rate and introduced a new redemption rate for non-travel purchases:Use Points for Purchases (Travel): 1,000 points = $10 creditUse Points for Purchases (Non-travel): 1,000 points = $7 creditEssentially, what the program has become, is a cash back program for any and all purchases, rather than just for travel purchases.The travel option of the Use Points for Purchases is great for those looking for the utmost flexibility in using points for travel…BMO World Elite Mastercard changes confirmed for January 15, 2018
– RewardsCanada.ca
On November 13 we detailed that negative changes were coming to several BMO credit cards and thanks to all our readers we know most if not all of the details that were happening. This post looks at the very popular BMO Rewards World Elite Mastercard that up until several years ago was our Top Travel Points Credit Card with an annual fee but that changed as they made the card less attractive and now it is becoming even more so. As we see in a lot of cases the company tries to put a positive spin on the changes but when you delve deep and look at all the numbers we typically find the changes to be negative.According to this page on the BMO site here is what is happening to the BMO Rewards World Elite Mastercard:Earn BMO Rewards points 50% faster!Get rewarded even sooner. Earn 3 BMO Rewards points for every $1.00 spent on eligible travel, dining and entertainment purchases, up to $50,000 in purchases per year.1, 2Enjoy more rewards flexibilityWe have reviewed the BMO Rewards program, and are making some changes to give you more choice and better value across our range of rewards:Travel reward changesThe number of BMO Rewards points needed to redeem3 for $1…Accomplished savers pay debts before boosting retirement
– creditcards.com
Tackling mortgage and credit card debt come first, says a PNC survey
