4% or More Cash Back Options
I have said this for a while now, with the way things are going (clamping down on churning), cash back credit cards become more valuable.
Credit Cards
Bank of Montreal (BMO) | Canadian Imperial Bank of Commerce (CIBC) | Chase Canada (Discontinued) | MBNA | Scotiabank | Toronto Dominion (TD)
Top Credit Card Sign Up Bonuses for April 2016
This has become a monthly list for me. You may see some credit card promotions, but I will mostly likely just combine them into this list. Unless there is a very time sensitive sign up to fully qualify for a specific bonus.
50,000 Bonus Avios is Back with RBC British Airways Visa Infinite Card
Royal Bank is once again offering a 50,000 sign up bonus Avios promotion with its British Airways Visa Infinite card. We saw this once back in the fall of 2015, so within 6 months, this promotion is back again.
50,000 Bonus Aeroplan Miles with CIBC Aerogold Visa Infinite Privilege Card
CIBC is offering a 50,000 sign up bonus Aeroplan miles promotion with its Aerogold Visa Infinite Privilege Card. Let’s take a look at the highlights of the credit card
American Express (AMEX) | Bank of Montreal (BMO) | Canadian Imperial Bank of Commerce (CIBC) | Canadian Tire | Capital One | Chase Canada (Discontinued) | Desjardins | HSBC | Laurentian Bank | MBNA | National Bank | President's Choice Financial (PC Financial) | Rogers Bank | Royal Bank of Canada (RBC) | Scotiabank | Tangerine | Toronto Dominion (TD) | Walmart Financial
Ranking the Credit Card Portfolios of Each Canadian Financial Institutions (updated April 1, 2016)
I will be looking to update this list every time I see some significant movement in the industry. This is the third time that this is being updated (February and March).
What’s Next in the Game of Miles, Points and Cash Back
As you probably already know, the miles and points game is constantly evolving. Almost on a daily basis. I have added cash back to the discussion because there are days when I feel like the industry wants to shift in that directly.
Tangerine Money-Back Credit Card Officially Launched
It has been a long time coming. Since 2013 Tangerine gave hints that they will be coming out with a credit card “soon”. They started off with a preview of the credit card in 2015, where existing clients can register to get a chance to obtain the credit card before it goes public.
American Express (AMEX) | British Airways (Executive Club - Avios) | Membership Rewards (American Express)
Last Day of the American Express Transfer Bonus to British Airways
Today (March 28, 2016) is the last day to receive the 25% transfer bonus between American Express Membership Rewards and British Airways Executive Club (Canadian offer only).
Building a Credit Card Portfolio (around $5,000 spending per month)
For the people who fall under this category of monthly spending ($5,000 or more), more than likely they are frequent travellers. So I will be going with the following monthly spending breakdown:
American Express Referral Sign Up Bonus Increases
Finally some good news coming out of American Express. It does not completely make up for changing the rule to once-in-a-life-time sign up bonus and decreasing the number of credit cards that qualify for a referral bonus, but it does take some sting out of the hit.