Review: American Express Essential™ Credit Card + MORE Nov 24th

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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RWRDS Daily Update – February 15, 2024 Feb 16th

Earn 2x Scene+ points at Home Hardware this weekend and a new Amex Offers statement credit for Miku and Minami Restaurants. Check out today's points & miles updates here: The post RWRDS Daily Update – February 15, 2024 appeared first on Rewards Canada..... More »

Credit scores: Is 1 percent utilization better than 10 percent or zero? + MORE Jun 8th

Carrying over a tiny card balance can give you a credit score boost, but paying in full is better for your financial health.... More »
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Aeroplan further extends pause on points expiry to May 2023 and save 30 AIR MILES when you redeem for entertainment rewards Jul 28th

Here's your Rewards Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. Air Canada Aeroplan has announced one more extension on the pause of the expiry of Aeroplan points. The last extension had the points expiry rule being reinstated.... More »

Loblaw goes driverless, credit card surcharges and why adulting is unaffordable: Must-read business and investing stories - The Globe and Mail + MORE Oct 9th

Loblaw goes driverless, credit card surcharges and why adulting is unaffordable: Must-read business and investing stories  The Globe and MailDriverless delivery trucks are hitting the roads in Canada.  CBC News: The NationalYou Can Now Spot Driverless Loblaw Delivery Trucks In To.... More »

RWRDS Daily Update – November 24 + MORE Nov 25th

Here’s your Rewards Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. Black Friday Cyber Monday deals To date we’ve already provided a lot of coverage of Cyber Week deals on Rewards Canada, primarily on our 2022 Black Friday .... More »
Nov. 23, 2016: The average APR on new credit card offers stayed put Wednesday, according to the CreditCards.com Weekly Credit Card Rate Report.

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American Express Fixed Points Travel Program is here to stay as a full fledged redemption optionWe have covered this American Express feature a few times over the past year or so. At those times it was essentially a pilot program, testing out whether American Express Cardholders enjoyed a fixed redemption chart for flight redemptions. It appears they did as American Express has launched a full blown Fixed Points Travel Program that does not have an expiry date. In fact it is here to stay. It is set to officially launch tomorrow or Friday but existing cardholders got advance notice via email today and here is our coverage of it!The great news is that nothing else in the Membership Rewards program changes. All the other options are also here. The Use Points for Purchases (formerly known as TripFlex) is still there with a 1:1 redemption option for travel purchases. The addition of the Fixed Points Travel Program is a boon for anyone who holds an American Express card that earns Membership Rewards points as it provides you with an potential option to redeem less points for certain flights than you would need to with the Use Points for Purchases program…

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WestJet RBC World Elite MasterCard ReviewEnhanced in early 2016, the WestJet RBC World Elite MasterCard is a companion travellers dream. The card for Canada’s second largest airline and its relatively young rewards program is definitely suited to a wide ranging amount of Canadians who can utilize its benefits. The WestJet RBC World Elite MasterCard is the co-brand card for the WestJet Rewards frequent flyer program. The card issued by RBC has been around for several years now and has always been a decent travel rewards card option for WestJet travel. It is the ideal card for individuals who travel on WestJet regularly and for couples or families who travel on WestJet at least once per year.Continue reading the entire review on the main Rewards Canada website 

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November 23 Update: WestJet & newleaf battle it out, last day for Week 4 contest, Air France Spring Seat SaleNews, Tips & TricksThis is the last day to enter the week 4 contest of our 15th Anniversary celebrations! You can enter to win one of two Marriott Rewards points prizes! Check it all out on the 15th Anniversary site! Also remember that as part of our 15th Anniversary you can earn double MileagePlus Miles on all hotel bookings made via Kaligo! Find out more here. Over the past week or so we’ve seen two Canadian airlines really go head to head. newleaf and WestJet. It looks like WestJet really wants to defend their territory. On November 17 newleaf outlined flights from Calgary and Edmonton to Phoenix Mesa airport (3x weekly & 1x weekly respectively, source: routesonline) The next day on the 18th, WestJet revealed flights between Calgary and Edmonton to Phoenix Mesa airport, also 3x weekly and 1x weekly! Both airlines will fly the routes from January 19 to April 30th. Talk about cutthroat! Check your email if you are an American Express cardholder for 15% off Air Canada flights in Flex fares or higher…

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Review: American Express Essential™ Credit Card
In August, American Express introduced the American Express Essential™ Credit Card to the Canadian marketplace. This brand new low-rate card differs from its competitors because of its 8.99% annual interest rate, whereas the majority of products within this category have rates ranging from 9.90 per cent to 14.99 per cent. It also has no annual fee, unlike many of its competitors. Additionally, new cardholders can take advantage of its low 1.99 per cent interest balance transfer rate for the first six months.

Card Features: Average
The American Express Essential™ Credit Card is mainly aimed at giving cardholders a bit of a break on long-term balances by offering a much lower-than-average annual interest rate. And because it’s an American Express card, it offers plenty of other features, including:

A balance transfer option at the time of application
The Front of the Line program, giving cardholders advance or special access to events, reserved tickets, e-updates and special offers
24/7 customer service
Apple Pay
No fee for supplementary cards

Annual Interest and Balance Transfer Features: Average
Cardholders must take advantage of the 1…

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