Credit Cards

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[PROMOTION] 24,000 Bonus Points with MBNA Choice Privileges MasterCard (expired)

We previously wrote about the Choice Privileges program and talked about how looking out for a 24,000 sign up bonus on the MBNA Choice Privileges MasterCard and lo and behold the promotion is now available. The highlights of the credit card are as follows:

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Loblaws is One Step Closer at Taking Over Shoppers Drug Mart

The Competition Bureau approves Loblaw’s purchase of Shoppers Drug Mart for $12.4 billion. The condition is that Loblaws must sell 18 stores and 9 pharmacies to an independent operators. The transaction is scheduled to close on March 28, 2014. What interests me…

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How to Encourage Customers to Retain their Credit Cards

There have been rumours that American Express might no longer allow customers to churn their credit cards. We will see if there is any truth to this rumour in the coming months. Churning is the process of signing up for a credit card, then cancelling and signing up for the same credit card again later on. Some credit card companies only allow you to get one sign up bonus per lifetime.

There are so many reasons why people want to churn. Here are some of the possible reasons: