Elite status with airlines and hotels can be very valuable to some. Usually to qualify for elite status you will see minimum requirements. For hotels, you usually have to reach a minimum number of stays, nights and/or points. For airlines, you usually need a minimum number of segments and qualifying miles.
It has been well documented throughout the Internet that banks and credit card companies have hidden fees. One of those fees are inactivity fees for not using a credit card. Below is a list of some of the different types of inactivity fees. So read your terms and conditions closely.
Every month, I will be listing out some of the top credit card sign up bonuses to take advantage of. Below is a list of the top current offers for the month of November, ranked by annual fees:
It’s that time again, when I need to go through all the credit cards in my wallet and decide which ones to keep until the next quarter year. I posted one of these in the past with my current portfolio at the time. Today, I will update you with the credit cards I am frequently using the most at the moment.
We are in the middle of a long weekend. Some of us are probably very busy with family gatherings. Others of us may have some time to catch up on a few things. If you plan to catch up on updating your credit card portfolio, below is a list of the top 5 current offers that you can take advantage of:
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:
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.
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.
It’s no secret that annual fees are a nuisance. However, in some cases there are enough perks associated with certain credit cards to justify annual fees. Furthermore, if annual fees were not an issue, I would probably not care as much about churning credit card as much, so in some cases, I would simply renew the credit card. If annual fees weren’t an issue, I would probably be travelling much more often, which is why my portfolio may seem more travel centric.
The Royal Bank of Canada (RBC) appears to be sending out letters to some of its credit card holders offering a bonus for adding authorized users. I received a letter offering 8,000 Shoppers Optimum bonus points. I immediately added my spouse as an authorized user.