For this month’s list, there were only really changes to the RBC offers, which extended the expiry of their promotions.
Royal Bank of Canada (RBC) is looking to complete a mega deal by purchasing HSBC Canada, who has 130 branches and 4,200 full time employees in Canada servicing some 780,000 customers. This massive deal can come out to $13.5 billion CAD. There are going to be a lot of hurdles along the way before this gets finalized. But if it has been announced in the news, it usually means that it is moving along.
For this month, you will notice that all the current offers run well into 2023, aside from Brim Financial. All previous offers that were scheduled to expire in 2022 where slightly modified and extended into 2023.
Limited Time First Year Fee Waived Offers
This year started out strong with all-time high sign up bonuses from various credit card issuers. Unfortunately, it is starting to look like we are closing out the year on a low note. Earlier today, we published a post regarding the end of the MBNA Alaska Airlines cards. Now we are writing a separate post on one of my personal favourites, MBNA Best Western MasterCard, who is also coming to an end.
For this month, there were quite a few changes relatively speaking. First of all, most of the previous month expiring offers were extended by a few months longer. The BMO Business and Tangerine offers will be coming to an end before it makes it to the next monthly list. Also, we added the Rogers Connections card in the permanent offers section.
BMO preemptively extended the deadline of their personal card offers until the summer of 2023.
HSBC extended their offers to the end of February 2023.
Scotiabank extended their offers and increased some sign up bonuses.
TD changed up their TD First Class offer, as well as increased its annual fee.
RBC extended their offers throughout end of fall and into the beginning of 2023. The only card that will not make it to next month’s list is the RBC Cathay Pacific offer. Furthermore, two new RBC offers (Ion cards) have been added to the list.
Today, we are featuring spokesperson, Niranjan Vivekanandan, Senior Vice President, Loyalty & Merchant Solutions at RBC. He will be sharing more information on the RBC Avion Rewards enhancements. Thank you so much for taking the time to answer our questions Niranjan.
1) Please tell us about yourself and your role with RBC.
Today, we are happy to interview Lisa Durocher, CEO of Rogers Bank, who will share the launch of the new Rogers Connections MasterCard. Thank you Lisa for taking the time out of your busy schedule to answer our questions. Looking forward to what you are working on!
For this month, the HSBC and TD each over offers that are coming to an end. Aside from that, BMO extended their offers to July 2023 (originally planned to end in December of 2022).
Limited Time First Year Fee Waived Offers
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.