The Best Air Miles Credit Cards of 2016 + MORE Aug 22nd

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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The Best Air Miles Credit Cards of 2016

– canadianfinanceblog.com

The Best Air Miles Credit Cards of 2016

Best Air Miles Credit Cards

#1

BMO Air Miles World Elite MasterCard
Fastest earning plus 25% booking discount
Apply Now

#2

American Express Air Miles Platinum Credit Card
Low annual fee, waived first year
Apply Now

#3

The American Express Air Miles Credit Card
No annual fee and 500 mile welcome bonus
Apply Now

Apply Now
Apply Now
Apply Now

Air travel can be expensive. However, you can reduce the cost involved with the help of your planned credit card spending. Air Miles credit cards can provide you with the ability to earn travel rewards on a number of regular purchases, reducing the amount you pay when you fly. The best Air Miles credit card depends on your level of spending and where you shop. As long as you are smart with your spending, and you pay off your balance each month, you can avoid interest charges that reduce the value of your rewards.
Air Miles have had a lot of bad press lately. The issue is that their points expiring after five years, but the program can still be a great way to travel for free…

Continue Reading On canadianfinanceblog.com »

Meridian to Go Digital, seeks Expansion in Process to Become Federal Bank
It’s a move that will continue to alter the face of personal banking in Canada: Meridian credit union is not only looking to open a federally chartered bank but also to go entirely digital – with all of its services available online. This essentially could wipe out the need to visit a branch in person.
Bill Maurin, CEO of Meridian tells the Toronto Star that he believes Canadians are hungry for something different than the current big five: BMO, TD, CIBC, Scotiabank and Royal Bank., citing the evolving nature of online and digital services – an enabler that he says breaks down size barriers.
Launched in 2005, Meridian credit union currently has about 270,000 members. It has 81 brick-and-mortar locations in Ontario. Although the plan would not require these outlets to close, no new branches would be opened. This means lower overhead costs – helping to offer banking customers the same experience that credit union members currently have.
Some of the new digital services Meridian plans to offer include personal chequing and savings accounts, mortgages and other loans including consumer loans…

Continue Reading On ratesupermarket.ca »

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