Chase Canada

Chase Bank Forgives All Debt Owed by Canadian Customers

ByMatt

In a surprising turn of events, Chase Canada has decided to forgive all outstanding debts owed by former cardholders of the Chase Marriott and Amazon credit cards. Just to recap, back in 2017, Chase Canada shut down two of its most popular credit cards, and then in January 2018, they down the grandfathered cardholders’ accounts.

Even though cards were discontinued, it meant that we can no longer use those cards. However, any outstanding balances are still owed. Chase continued to collect any debts owed to them until now. Seems like Chase has decided to call it quits and leave Canada completely, forgiving any remaining balances.

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[DISCONTINUED] Grandfathered Chase Canada Credit Cards Being Shut Down

ByMatt

The news that the discontinued, but grandfathered, Chase Marriott Rewards Premier Visa and Chase Amazon.ca Rewards Visa cards will be terminated has been circulating for a few days now. I have been waiting for my letter in the mail for confirmation, but still have yet to receive it. But some of my family members already received it, so I thought I’d share what the letter looks like sooner rather than later.

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Which Credit Card Company I would Like to See Step Up Their Game

ByMatt

Outside of the top 5 big banks (TD, Royal Bank, CIBC, Bank of Montreal, Scotiabank), which control much of the financial industry in Canada, it is slim pickings thereafter. American Express has a decent foothold in the Canadian credit card market, but there are a few companies that can breakthrough if they made some bolder moves.

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Saturday Updates (Aeroplan Bonus, Scotiabank-Sears, Starwood-Marriott)

ByMatt

It is Saturday again, so we’ve got another round of weekly updates for you. This week, we saw the Aeroplan conversion bonus back, Scotiabank officially taking over the Sears credit cards and a historic merger, pending final approval, between Marriott and Starwood.

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Saturday Updates and Promotions (RBC-WestJet and Scotiabank-Chase Canada)

ByMatt

I plan to start a new Saturday series every few weeks, so long as there is enough relevant updates and promotions to talk about. This series is going to provide news updates and promotions grouped together. I chose Saturday mornings because I think that it is a great day to catch on what was missed during the week.

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Top 5 Credit Card Sign Up Bonuses for October 2015

ByMatt

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:

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What is the Best Visa Credit Card?

ByMatt

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.

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Building a Cash Back Credit Card Portfolio

ByMatt

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.

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New Link for the Chase Marriott Rewards Premier Visa

ByMatt

As you already know, the Chase Canada website has taken off the link to sign up for the Chase Marriott Rewards Premier Visa. But the website is advertising for only 30,000 sign up bonus points. There has been a special link for the 50,000 sign up bonus points instead, but that seems to have discontinued. Furthermore, the old 30,000 link also discontinued, so I almost thought the credit card was finished until I saw this new link with the 30,000 sign up bonus offer.