American Express Canada is continuing to make negative changes to its sign up bonus and referral program. First, we saw the change to only one lifetime sign-up bonus per credit card. The only except is if you are referred by a friend, but that policy also took a negative hit where you need to wait at least 6 months in between sign ups.
Whenever miles and points take a beating, there is a lot of talk about signing up for the top cash back credit cards instead. Below, I have classified the top cash back credit cards according to the credit card company and then by annual fees (starting with lowest to highest).
Elite status with airlines and hotels can be very valuable to some. Usually to qualify for elite status you will see minimum requirements. For hotels, you usually have to reach a minimum number of stays, nights and/or points. For airlines, you usually need a minimum number of segments and qualifying miles.
The credit card cash back market is actually starting to heat up in Canada. Could we be seeing a shift in the industry from miles and points to cash back?
New month, new list of top credit card sign up bonuses. Below is a list of the top current offers for the month of December. I have listed the credit cards by the type of credit card, as well as by annual fees:
As we approach the Christmas holidays, I’m sure that there will be many of us who will be eating at restaurants more than usual with friends and family. If you are like me, you would collect cash on behalf of everyone and pay the entire bill with your credit card.
Just in case you were not aware, American Express changed its sign up bonus policy, where you can only receive a sign up bonus once in your lifetime. The only exception is if you are referred to the credit card by one of your friends or family member who already has the credit card. That being said, the wording on the referral is still a little tricky.
Every month, I will be listing out some of the top credit card sign up bonuses to take advantage of. Below is a list of the top current offers for the month of November, ranked by annual fees:
It’s that time again, when I need to go through all the credit cards in my wallet and decide which ones to keep until the next quarter year. I posted one of these in the past with my current portfolio at the time. Today, I will update you with the credit cards I am frequently using the most at the moment.
We are in the middle of a long weekend. Some of us are probably very busy with family gatherings. Others of us may have some time to catch up on a few things. If you plan to catch up on updating your credit card portfolio, below is a list of the top 5 current offers that you can take advantage of: