American Express already discontinued its credit card that was affiliated with Costco, so I guess it was only a matter of time before Costco stops accepting American Express all-together. The negotiations between American Express and Costco have broken down. In the past, American Express was the only credit card accepted at Costco. But now it seems that they will be switching to MasterCard instead.
With the price of gas still high (but at least holding steady), I’m always looking for ways to earn more bonus points on my gas spending to soften the blow. Between September 16, 2014 and November 10, 2014 Esso Extra is…
It looks like Canadian Tire is going to do away with its Canadian Tire cash and go with a loyalty program instead where you will use a loyalty card to collect rewards. Canadian Tire is launching its Canadian Tire Money Advantage program. The program will begin on October 10, 2014 in the province of Nova Scotia. The rest of Canada will follow suit on October 28, 2014.
There are some Canadian financial institutions that issue United States currency credit cards, which means that you can pay your bills in U.S. currency. The benefits of having such a credit card is that you can convert your Canadian dollars into American dollars when the Canadian dollar is strong. So then you lock is the favourable rate. Leave the U.S. dollars in an account that you can use any time to pay off bills on the U.S. credit card so you won’t have to worry about any unfavourable currency exchanges at the time of using the credit card.
Rexall and Air Miles are teaming up for a major promotion between August 29 and August 31, 2014. You can earn 100 Air Miles for spending $50. The usual exclusions apply including: prescriptions, products containing codeine, postal service and stamps, Gift…
UPDATE- Air Miles has decided to soften the blow, its website now states: “September 30, 2014 will be the last day you can redeem for this Cineplex Night Out Movie Package.” I have been a hard critic on Air Miles,…
See also: Building a Credit Card Portfolio (around $2,000 spending per month) Building a Credit Card Portfolio (around $5.000 spending per month) This is going to be the first part of a three part series on building a credit card…
I haven’t been too impressed with pretty much all of the Business credit cards in Canada. Generally, the Canadian Business credit cards have higher annual fees in comparison to its Regular version.
Since American Express and Costco ended their partnership, the door is wide open for some competition. Before we proceed with the options, there are a few factors to consider. First of all, currently, Costco only accepts American Express credit cards. American…
I have always advocated diversifying your points portfolio. One of the best ways to diversify your points portfolio is to earn transferable points to give you more flexibility to take advantage of different programs. I have decided to jump on the…