Bank of Montreal (BMO)

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Credit Cards to Use on Cyber Monday

ByMatt

Though Cyber Monday was really a marketing term originating from the United States, the marketing use of the term expanded to other countries including Canada. Basically on the Monday following the US Thanksgiving, you can find good deals by making purchases online. So today, I will recommend some of the top credit cards to use for making purchases on Cyber Monday.

First of all, if you already have the U.S. currency credit cards issued by Canadian financial institutions, I would use these credit cards for purchases made at U.S. online sites for sure. The Canadian dollar is extremely weak, so if you have U.S. dollars already available to pay off these bills, that you previously converted at a more favourable rate than today, then these are the cards to use:

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Top United States Credit Cards Offered in Canada (updated September 11, 2014)

ByMatt

There are some Canadian financial institutions that issue United States currency credit cards, which means that you can pay your bills in U.S. currency. The benefits of having such a credit card is that you can convert your Canadian dollars into American dollars when the Canadian dollar is strong. So then you lock is the favourable rate. Leave the U.S. dollars in an account that you can use any time to pay off bills on the U.S. credit card so you won’t have to worry about any unfavourable currency exchanges at the time of using the credit card.