Today, we are featuring Megan Jones, Vice President of Card Product Development & Benefits Strategy at CIBC, who will share with us how they simplifyed the Aventura Rewards program. Thank you Megan for taking the time to answer our questions and to celebrate our upcoming 10 year anniversary!
Travel has really spiked in 2023, compared to the past 3 years. As a result, there has been lots of complaints about overcrowding in airport lounges. Part of the reason is the free lounge access that people can receive just for being a credit card holder with certain companies. Below is a list of all the Canadian credit cards that offer free lounge access. This list does not include cards that provide a lounge membership that require a fee for each entry.
It was good while it latest I guess. Looks like gas prices have started to spike again in the month of April after a few months of stability prior to that. Starting with new carbon tax, supply issues, etc. This is probably as good as time as any to list some of the best credit cards to use for gas purchases.
Chevron, Ultramar and Pioneer have teamed up to offer a loyalty program called Journie Rewards. The program allows members to earn points when spending money at their gas stations. Today, we will provide an update to our last post, as there have been a few changes since then.
This post was due for an update. With travel pretty much back in full swing, airport lounges are filling up again, overcrowding if anything. Part of the reason is because there are quite a few credit cards out there that offer free lounge access. Even just 10 years ago, there were only a handful of Canadian credit cards that offered free lounge access. Since then, the list seems to grow longer and longer.
Several major grocery chain stores in Canada had a price freeze on their in-house products, such as Loblaws’ No Name brand. The price freeze was to help shoppers offset against the high inflation between October 17, 2022 and January 31, 2023. This month, we are back to free for all. Today, let’s re-visit the best credit cards, along with some calculations (found below each credit card) to use on grocery spending.
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.
I cannot believe that it has been over 6 years since we last updated this post. So we are way overdue for an update. Furthermore, with the way inflation has been going, who does not want to reduce their credit card bill?
First of all, I recommend signing up for free loyalty programs affiliated with groceries to rack up rewards for spending, along with watching for sales. Then triple dip with using a credit card that gives a higher multiplier bonus when shopping at grocery stores.
We recently wrote a review about the CIBC AC Conversion Prepaid Card that you can sign up here.
Since then, CIBC has upgraded their system to make it easier to load the AC Conversion™ Visa* Prepaid Card directly through mobile or online banking. In celebration of launching this feature, there is a contest to win one of two cash prizes.
It has been over a year since our last update of this post, there are some changes to this post. Furthermore, with travel opening up more and more, lounges are filling up again. So this post was due for an update as there were several changes since then, namely the addition of DragonPass, as well as several increases to annual fees.