I’m sure that I was not the only person unhappy about the tier reward system implemented by the Capital One Aspire Travel World Elite MasterCard. After years of complaining (including from myself directly to Capital One), our cries have finally been heard!
I thought it might be fun to compare the differences of the American Express Membership Rewards program between the US and Canada. The first factor I will compare is the transfer travel partners.
The American Express Platinum Card has the second most expensive annual fee out of all the credit cards in Canada, though an argument can be made due to the American Express Centurion Card. First place goes to the American Express AeroplanPlus Reserve Card.
I can’t believe it. I was started to get scared that more of the hotel credit cards will start getting discontinued, especially after the Capital One IHG credit cards, so I applied for the MBNA Best Western MasterCard, with the 20,000 sign up bonus, but of course, a week later, we now see a 40,000 points promotion. I plan to call MBNA to see if I can qualify for this promotion, but they only operate during the weekday.
Royal Bank is offering a 50,000 sign up bonus Avios promotion with its British Airways Visa Infinite card. This is actually very exciting to see. That being said, the conditions may seem a little steep for some as we take a look at the highlights of the credit card:
Scotiabank has introduced its new GM Visa Card. This credit card seems to have come out of thin air, because there does not seem to be much anticipation for it. That being said, I am always happy to see new credit cards being introduced to the market to help with the competition.
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.
Have you ever signed up for a credit card because you thought the design on the card was really cool and you just needed to add that to your collection? I definitely have. This happened when I went to my very first live Ottawa Senators game at the Canadian Tire Centre in Ottawa and I noticed they were booths set up for the Ottawa Senators MasterCard offered by MBNA.
The question of which Visa credit card is the best for Canadians appears to be asked quite often, so I thought I’d try to answer it. First of all, the answer is that it depends on your situation. Below are some examples of different situations and which credit card makes the most sense for that situation.
There have been a slew of credit cards being discontinued in Canada. The trend seems to be co-branded credit cards. So now I am wondering if it would make sense to shift towards a cash back credit card portfolio rather than focusing so much on earning miles and points.