Quite a few changes were made to the American Express Air Miles Reserve Card and BMO Air Miles World Elite MasterCard since I wrote the comparison post, so I thought I’d give a proper update to both cards at the same time. But this time, I added the American Express Platinum Credit Card into the mix as improvements to the card made it a more viable option.
Quite a few promotions ended at the end of October, but most promotions either got extended or repurposed.
Top Higher than Normal Sign Up Bonuses for November 2019
For the rest of the credit cards, I ranked the credit cards by the price of the annual fees (lowest to highest):
You may have noticed by now that we added a new page to our menu bar due to popular demand. Under Top Credit Cards, you will find Top No Annual Fee cards. You will probably notice that most of the listed cards are sprinkled between all the other categories. But now we have all of them in one page. Out of all the lists that we have, this might be the longest one.
Quite a few offers are ending at month end, so if you are still thinking about it, now is your last chance to jump on the current offers. I am excited to see what is going to be offered in November. I expect some offers to be extended, but others to surface. If not, this list could be real short next month.
Ongoing Offers
The reason I left this list (ongoing offers) up is that there are so few (just 2 really) permanent first year fee waived offers. So they are worthy of being highlighted. Meridian Bank is the only company willing to do this at the moment. Granted, the terms and conditions do say that the offers are limited time, but with no specific end date.
You will notice for this month’s list, there are quite a few promotional offers that finish at month end. So if you are interested in something, now would be the time to jump on the offers. There is no way to know what will happen come November 1, 2019. Some offers can be extended (e.g. TD cash back offer from last month), terminated or changed something else.
I have split the list into two categories. One with a limited time (but no end date offer) and another one with a limited time offer.
Another month, but barely any changes from last month. However, most offers end at the end of the most. So if you are thinking about certain cards, you may want to consider getting them now. Chances are, some cards may extend their promotions, are offer something new. But if you have been on the fence about certain offers, this is the last month.
At the moment, the competition is mainly between BMO, CIBC, Scotiabank and TD. Would love to see some of the other credit card companies step up their game.
First year fee waived offers are amazing, because it allows you to try a card for one year (less one day) without incurring an annual fee. Once you get used to it, you can decide whether you want to continue with the card the subsequent years. Often times, cards offer enough additional benefits to justify paying the annual fee year after year. Other times, not so much.
For this month, I am going with the featured card theme, as there is a card that I did not ever expect to waive its annual fee.
For September’s list, quite a few National Bank credit card offers have been added to the list. Only one offer is expiring before the end of the month, otherwise most offers run until the end of October.
The changes from last time include two of TD offers ending, but they started some new ones. Furthermore, the BMO SPC card has been discontinued completely. Most offers listed below end on October 31, 2019, so if you are still thinking about the cards, there is still time.
Not a whole lot of changes this month, except for an updated version of the Scotia Momentum Visa Infinite Card. The most significant change was to its multiplier bonuses, which might be more attractive to some people. The downside is that the annual fee has increased, but there is still a first year fee waived offer. If you want to give the new card a try, but is as good as time as ever.