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?
Latest News
RWRDS Daily Update – April 4, 2024 Apr 4th
Get up to 10,000 points back when you book with Aeroplan HotelSavers and earn double Skywards miles on Emirates flights out of Montreal & Toronto. Check out today's points & miles updates here:
The post RWRDS Daily Update – April 4, 2024 appeared first on Rewards Canada..... More »
A redesign is coming—and we can’t wait to show you + MORE Apr 20th
We have exciting news: MoneySense will be getting some upgrades. The core of what we do will stay the same—we’ll continue to bring you high-quality content from the best financial experts in Canada—but we’ll have a fresh new look.
Why are we changing?
We want you to have the best p.... More »
February 25 Update: AIR MILES Shops refer a friend bonus offer, Alaska Airlines status match offer & 50,000 PC Optimum points for online shopping + MORE Feb 25th
Here's your Rewards Canada Daily update! Your daily dose (or near daily dose) of loyalty program, credit card and travel news, bonuses, deals and more. AIR MILES now has a limited time Refer a Friend offer available for their online shopping portal AIR MILES Shops. Simply register y.... More »
RWRDS Daily Update – July 12, 2024: Hilton Honors adds nearly 400 Small Luxury Hotels to its portfolio + MORE Jul 13th
Hilton Honors adds nearly 400 hotels with the addition of Small Luxury Hotels of the World (SLH) and a new Amex Statement Credit Offer for Underpar. Check out today's points & miles updates here:
The post RWRDS Daily Update – July 12, 2024: Hilton Honors adds nearly 400 Small Luxury Hotels to.... More »
Goodbye, Canada: A guide to departure tax, withholding tax for non-residents + MORE Jun 18th
Canada taxes its residents on their worldwide income. This means that someone who lives in Canada must report income earned in Canada, as well as income earned in other countries, on their Canadian tax return.
Tax withheld or payable in a foreign country is generally eligible to be claimed as a f.... More »
The Scotia Momentum VISA Infinite card limited time welcome bonus of 10% back for first three months & first year free is back!
– RewardsCanada.ca
Well it didn’t take Scotia too long to bring back this offer. In fact it has only just over a month since it last ended but seeing that all the cards that compete with the Scotia Momentum Visa Infinite Card all have better welcome bonuses it only made sense to offer 10% again. Recommended listening: Podcast Episode 68 – Clash of the Credit Cards – The Ten Percenters Right now for new applications Scotia will award you with 10% cash back on all purchases up to $200 cash back in the first three months. Not only that but they will waive the first year annual fee of $120 on the primary card and if you grab a supplementary card they’ll waive the $50 fee on that as well at no cost. That means if you can spend $2,000 on the card in the first three months you’ll get the full $200 at no cost. After the first three months you will have your usual 4% on eligible recurring bill payments and grocery store purchases, 2% on eligible gas station and daily transit purchases and 1% cash back on all other eligible everyday purchases and with the annual fee waived in the first year it won’t cost you anything to give this card a shot…Reminder: One month left in American Express’ increased value for Use Points for Purchases redemptions
– RewardsCanada.ca
You may recall that back in April during the height of the major shutdown American Express launched a promotion to provide more value out of Membership Rewards points for their non-travel Use Points for Purchases redemption option. Here’s an excerpt from our April blog post detailing the offer:On April 17 American Express Canada started new promotions for redeeming Membership Rewards points on non-travel purchases. In light of the current global situation with COVID-19 American Express wanted to continue to provide value to their cardmembers and with virtually no one redeeming or being able to redeem for travel they came out with this offer. The offer, which is a limited time one (we don’t know the end date yet) sees the redemption of points for the Use Points for Purchases boosted by nearly 43% to 1,000 points for a $10 statement credit for Membership Rewards Select cards like the American Express Cobalt Card or as high as 1,000 points for a $20 statement credit for Membership Rewards cards like the Platinum Card…Receive a 25% bonus when you convert American Express Membership Rewards points to Marriott Bonvoy points
– RewardsCanada.ca
American Express’ bonus for transferring Membership Rewards points to Marriott Bonvoy has returned. For the month of September when you convert Membership Rewards points to Marriott Bonvoy you’ll receive 25% more Marriott points. The regular conversion ratio is 1 Membership Rewards Point = 1.2 Marriott Bonvoy points but with the bonus that is now 1.5 Marriott Bonvoy points:All cards that earn Membership Rewards First or Membership Rewards Select points are eligible for this offer and those cards are as follows:American Express Cobalt™ CardAmerican Express® Gold Rewards Card The Platinum Card® American Express Business Edge™ Card American Express® Business Gold Rewards Card Business Platinum Card® from American Express This is a transfer bonus that many people American Express cardholders anxiously await for so they can convert their points as it represents a decent value proposition. We value Marriott Rewards points around 1 cent each (in C$) so in effect you are getting 1…
The BMO CashBack® Business Mastercard®*sees an increased welcome bonus as of today of 10% cash back on gas, office supplies, and cell phone/internet bills for 3 months.* Previously the offer was 6% in those categoriesThe welcome bonus for the BMO® AIR MILES®† Business® Mastercard®* became a little harder to achieve in that you no longer get a bonus on first purchase. All 3,000 miles will only now be awarded once you hit the $5,000 spend hurdle in the first three months of having the card. The card does remain first year free however. A few updates to our Guide to American Express Canada ‘Amex Offers’ page. Thanks to our readers we have learned that the Dollarama offer is available on a lot more cards including those Amex cards issued by Scotiabank. We have also added a new offer from Parcel Pal where you can get a $5 statement credit when you spend $20 or more. See all the offers here. The Scotiabank Gold American Express Card finally sees an slight increase to it’s welcome bonus…
