I have been asked why I do not mention credit card sign up bonuses offers from third party websites. Today, I will give me thoughts on third party sites and also explain why I haven’t mentioned them in all my posts.
Though United Airlines may not be best known for its elite program, they do hold a lot of value in terms of rewards redemptions. Unfortunately for Canadians, there is no co-branded credit card that allows us to earn United Airline’s MileagePlus miles. There is no Canadians transferable points program either.
In 2013, SpaceX founder and billionaire Elon Musk announced a Hyperloop challenge to design what he calls a “fifth mode of transportation.” A Toronto startup company called Transpod took up the challenge and is looking at designing a high speed mode of transportation that could potentially allow you to travel between Montreal and Toronto in 30 minutes. You can read more about the article here.
The list of airline alliances needs an update from last time. Most of the changes came with the main airline affiliates (which I identified below in bullet format).
WestJet is offering several bonus dollars promotions simultaneously for specific routes.
Petro-Canada has a rewards program called Petro-Points. There are actually a few hidden gems about this program in terms of earning and redeeming points. Note that it is free to sign up. I personally would not go out of my way to earn Petro-Points, because I still prefer racking up Aeroplan miles instead.
I am more than happy to write a post about Aurora Rewards, Canada’s newest frequent flyer program.
Aeroplan is once again offering its conversion bonus promotion. This time around, they are offering its highest level of bonus ever. What I like most about this promotion is that there is an indication from Aeroplan that they are trying to improve their program by offering something more competitive than before. This is the least they could do since their devaluations to their award chart.
Back in 2014, we built a suggested credit card portfolio for people who spend about $500 per month. With all the changes in the industry, I though it’s time to update my suggestion. I will also be updated my suggested portfolios for the $2,000 and $5,000+ monthly spending as well. For this portfolio, it is mostly for people who live at home with their parents, so let’s say they have this approximate spending:
I have written posts ranking each financial institution, but I thought it would be fun to write a post listing the top 1 credit card per institution. I have listed the credit cards based on the most recent financial institution rankings. Maybe one day I will list the top credit cards, but it highly depends on a person’s needs, so it is very subjective.