As I suspected, the credit card cash back competition is heating up. First up, in 2016 is the new Desjardins Cash Back World MasterCard. Right when I called Desjardins out to step up their game. Let’s see how worthwhile this new cash back credit card is.
Outside of the top 5 big banks (TD, Royal Bank, CIBC, Bank of Montreal, Scotiabank), which control much of the financial industry in Canada, it is slim pickings thereafter. American Express has a decent foothold in the Canadian credit card market, but there are a few companies that can breakthrough if they made some bolder moves.
The Canadian dollar is really taking a pounding against the U.S. dollar, so what should we do for our credit card portfolio as Canadians? In the past, the best credit cards to use for all foreign based transaction is to use the Chase Canada credit cards, as most of them waived the foreign transaction fees.
Recently, I have been looking for a good travel insurance credit card for my parents who are planning to travel this coming Spring. They have been going to insurance companies such as Co-operators and Blue Cross the past couple of…
A new United States currency credit card is being offered by Scotiabank, so I will be updating the list. I have also added the Desjardins credit card to the list as well. U.S. affiliated credit cards offered by Canadian financial institutions…
Best Buy Canada and Chase Canada recently discontinued one of its co-branded credit cards. It appears that Best Buy is looking for a new financial institution to partner up with. It seems that it has decided on partnering with Desjardins to manage its…