Another month, another list. Note that CIBC and TD offers expired so this list trimmed down significantly.
Top Higher than Normal Sign Up Bonuses for July 2020
For the rest of the credit cards, I ranked the credit cards by the price of the annual fees (lowest to highest):
Today, we are interviewing Larry Tomei, an executive at HSBC Bank Canada. He will be giving us more insights on the inner workings on their bank and what to look forward to. You may have noticed that HSBC has greatly increased on our rankings over the years, which makes this interview even more exciting. Thank you Larry for taking the time to answer our questions!
Q1: Please tell us about yourself.
I am Larry Tomei Executive Vice President and Head of Wealth and Personal Banking at HSBC Bank Canada. I joined HSBC in October 2016 after many years at a Canadian bank.
There were a few minor changes (mostly tweaks to the TD offers) from last month, along with a notable promotional extension. The Brim World Elite MasterCard extended its first year fee waiver off $199 annual fee another month (was also extended last month) to June 30, 2020. So same thing I said last month, if you missed your chance last month, this is your opportunity. There is no way to guarantee that the promotion will be extended again, but it could.
I recently provided an aggressive cash back churning strategy. Today’s post is almost a continuation of that post. Basically, if you want to have a strong cash back strategy, you will want to continually keep track of new and ongoing offers that you can take advantage of.
Note that this post focuses on temporary offers. Our Top Cash Back Credit Cards page continues to list current offers that are not exclusive to limited time offers like this post.
Very minor changes to this month’s list as most offers are running well into the summer. But you may want to take a closer look at the TD offers as they will be expiring before our next month’s list.
Top Higher than Normal Sign Up Bonuses for May 2020
For the rest of the credit cards, I ranked the credit cards by the price of the annual fees (lowest to highest):
There were few changes to this month’s list, aside from offer extensions. For example, the Brim World Elite MasterCard extended its first year fee waiver off $199 annual fee till May 31, 2020, so if you missed your chance last month, this is your opportunity. I highlight this card because it is rare to see a credit card with such a high annual fee be waived.
I recently provided an aggressive cash back churning strategy. Today’s post is almost a continuation of that post. Basically, if you want to have a strong cash back strategy, you will want to continually keep track of new and ongoing offers that you can take advantage of.
Note that this post focuses on temporary offers. Our Top Cash Back Credit Cards page continues to list current offers that are not exclusive to limited time offers like this post.
Very minor changes to this month’s list as most offers are running well into the summer. But you may want to take a closer look at the TD offers as they will be expiring before our next month’s list.
Top Higher than Normal Sign Up Bonuses for May 2020
For the rest of the credit cards, I ranked the credit cards by the price of the annual fees (lowest to highest):
The card that I would like to highlight for this month is the Brim World Elite MasterCard, which is waiving its $199 annual fee. This might be the highest public offer annual fee waiver I’ve ever seen. The promotion expires on April 30, 2020, so if you are thinking about getting the card, do not think too long about.
Ongoing First Year Fee Waived Offers
The reason I post a separate list of ongoing offers (i.e. not temporary) is because there are up is that there are 2 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. Every other company has first year fee waived offers during a specific promotion period.
This list has really trimmed down over the past couple of months. We are down to a small handful of cards that have higher than normal cash back bonuses.Note that this post focuses on temporary offers. Our Top Cash Back Credit Cards page continues to list current offers that are not exclusive to limited time offers like this post.
The most significant one to keep track of is the Laurentian Bank Visa Dollars one. It expires today.