I have already written quite extensively about the following 2 credit cards because they frequently offer a promotion. Once again, they have extended their promotional offer. The Scotiabank Momentum Infinite Visa is offering a $100 statement credit and the Scotiabank Scene Visa Card is extending its 4,000 points sign up bonus.
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.
Scotiabank has introduced its new GM Visa Card. This credit card seems to have come out of thin air, because there does not seem to be much anticipation for it. That being said, I am always happy to see new credit cards being introduced to the market to help with the competition.
Have you ever signed up for a credit card because you thought the design on the card was really cool and you just needed to add that to your collection? I definitely have. This happened when I went to my very first live Ottawa Senators game at the Canadian Tire Centre in Ottawa and I noticed they were booths set up for the Ottawa Senators MasterCard offered by MBNA.
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.
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.
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.
If you can qualify for a credit card, I would always use a credit card to earn rewards, as opposed to using a debit card. The reason is because credit cards generally offer a better return for every $1 spent….
I was wondering what Scotiabank would do at the end of its June 30, 2015 deadline for its first year fee waived promotion on its Scotia Momentum Visa Infinite Card. It turns out that the offer has in fact been extended until October 31, 2015. Here is a quick reminder of the highlights of the credit card:
We all generally have some recurring bills, namely: cable, telephone, cellphone, Internet, hydro, gas, water, etc. These types of bills can really add up to a lot of expenses per month, so it is important to maximize the value of…