Back in 2016, I began a tradition of trying to predict the travel / rewards market in Canada. The first year was rough, but it got better over the years and recently levelling off. How did it go in 2022?
Happy New Year Everyone!!
A new year means a new wish list. Note that we generally provide a mid-term report on Canada Day (July 1) and a final report on New Year’s Eve. To be fair, all wishes have the goal of being a win/win/win scenario for everyone: “loyalty company, credit card company and customer”. In some cases it is just win/win because one party is not involved; for example a credit card company who offers in-house loyalty program with the customer as the other party.
As we close out 2022, we continue with our year-end series of grading our wish list from our first post of the year. This report card is a continuation of our yearly mid-term report back on Canada Day (July 1st of every year).
Check out how we did in previous years: 2015, 2016, 2017, 2018, 2019, 2020, 2021.
VIA Rail usually runs a weekly Discount Tuesday promotion whereby certain tickets go on sale for bookings made within a 24-hour period every Tuesday. This offer is taking a pause until January 10, 2023, while a children promotion will run until then.
Dear Pointshogger Readers,
This post is going to be a little different from what you are used to. This is a letter of appreciation.
For this month, there are no changes until next month’s list. Every thing stayed the same from last month.
Limited Time First Year Fee Waived Offers
For this month, the offers with BMO and Tangerine from last month that were expiring have all been extended. Now the Tangerine offers are set to expiry before month end.
Keep in mind that we still have the Top Cash Back Credit Cards page, which includes permanent and temporary offers if you wish to see a more complete list of cards, not just cards that offer at least 10% cash back.
For the most part, 2022 was a relatively quiet year in terms of changes to the credit card industry (in terms of permanent offers). There was a significant amount of all-time high sign up bonuses, which do not factor into our ranking system. Our rankings are based on the intention of retaining credit cards for the long term, not based on churning.
For this month’s list, there were only really changes to the RBC offers, which extended the expiry of their promotions.
Travelling with your family is a truly special experience. Especially if you’re already an avid traveller, you’re sure to be keen to show your children all the wonder the world has to offer. It can be a great chance for them to develop and grow, and for you to grow stronger as a family.