This month’s list has really trimmed down with CIBC now offering more permanent first year fee waived offers. Because of that, I have also taken off the ongoing first year fee waived offers as that list grew too long.
Keep in mind that we have an ongoingly updated Top Credit Cards pages. Here are some of the more relevant ones to this post:
Top Cash Back Credit Cards
Top Hybrid Credit Cards
Top Specialty Credit Cards
This list has really trimmed down over the past few months, even though the remaining offers are somewhat competitive. Keep in mind that this monthly list includes temporary offers. We have an ongoing list of all offers in the Top Cash Back Credit Cards page.
Top no annual fee cash back credit card offers for July 2020
There were a few minor changes (mostly tweaks to the TD offers) from last month, along with a notable promotional extension. The Brim World Elite MasterCard extended its first year fee waiver off $199 annual fee another month (was also extended last month) to June 30, 2020. So same thing I said last month, if you missed your chance last month, this is your opportunity. There is no way to guarantee that the promotion will be extended again, but it could.
I recently provided an aggressive cash back churning strategy. Today’s post is almost a continuation of that post. Basically, if you want to have a strong cash back strategy, you will want to continually keep track of new and ongoing offers that you can take advantage of.
Note that this post focuses on temporary offers. Our Top Cash Back Credit Cards page continues to list current offers that are not exclusive to limited time offers like this post.
There were few changes to this month’s list, aside from offer extensions. For example, the Brim World Elite MasterCard extended its first year fee waiver off $199 annual fee till May 31, 2020, so if you missed your chance last month, this is your opportunity. I highlight this card because it is rare to see a credit card with such a high annual fee be waived.
I recently provided an aggressive cash back churning strategy. Today’s post is almost a continuation of that post. Basically, if you want to have a strong cash back strategy, you will want to continually keep track of new and ongoing offers that you can take advantage of.
Note that this post focuses on temporary offers. Our Top Cash Back Credit Cards page continues to list current offers that are not exclusive to limited time offers like this post.
The card that I would like to highlight for this month is the Brim World Elite MasterCard, which is waiving its $199 annual fee. This might be the highest public offer annual fee waiver I’ve ever seen. The promotion expires on April 30, 2020, so if you are thinking about getting the card, do not think too long about.
Ongoing First Year Fee Waived Offers
The reason I post a separate list of ongoing offers (i.e. not temporary) is because there are up is that there are 2 permanent first year fee waived offers. So they are worthy of being highlighted. Meridian Bank is the only company willing to do this at the moment. Every other company has first year fee waived offers during a specific promotion period.
This list has really trimmed down over the past couple of months. We are down to a small handful of cards that have higher than normal cash back bonuses.Note that this post focuses on temporary offers. Our Top Cash Back Credit Cards page continues to list current offers that are not exclusive to limited time offers like this post.
The most significant one to keep track of is the Laurentian Bank Visa Dollars one. It expires today.
It has been almost a year since we last updated this post, so no question this was due for an update. The reason why I waited so long is because there are very few changes to the rankings since then. However, there was a sufficient amount of changes to the industry to warrant an update. Most of the ranking movement occurred in the bottom third of the list. Furthermore, another common theme on this list is that the gap widen between some of the positions.
Every time I update the rankings, I have an overall theme throughout the post. For today’s post, the focus was on internal changes made by each financial institution which justify their position in the rankings.
Quite a few promotions ended at the beginning of the month, but have been extended for the most part. The list is actually quite extensive relatively speaking. So if there are cards that you have been considering, now is the time to go for it.
Ongoing First Year Fee Waived Offers
The reason I left this list (ongoing offers) up is that there are so few (just 2 really) permanent first year fee waived offers. So they are worthy of being highlighted. Meridian Bank is the only company willing to do this at the moment. Every other company has first year fee waived offers during a specific promotion period.