Usage of my credit cards: An analysis, 2020 | Credit card reward programs | Discussion forum

I don't have this kind of breakdown information. We use a Big Bank card with decent rewards and same reward rate for all purchases, with good insurance package, for almost everything. We have used the insurance and find them good to deal with. It is a fee-based card, which I know is anathema to many of you. We determined that since one of us does almost all the shopping, there was no need for both of us to have this card, so we cut back to one card, which is cheaper, and we haven't missed the other one.
Any time we have a complaint about the card, which is not very often, we ask for compensation in the form of the number of points equal to a year's renewal, and always get it without any hassle. - I imagine their math is the same as mine!
In my view, this is still the best card for us: no decisions required as to which card to use, one bill payment, useful insurance, reasonable rewards. Because the rewards are applied to travel (at the best rate), we will likely switch to another primary card at some point, but not yet. We haven't travelled much for a few years but we still use up the points in local excursions and hospital parking lots (which are reimbursed with the points.)

We have 2 special purpose cards which we don't use very often, and one card with a very high credit limit which we might not be able to get now as retirees - as a backup only as it has low rewards.

Increasingly, I lack the patience to manage multiple credit cards. As reward rates decrease, it becomes less and less attractive to me to bother. I also dislike the whole process of applying for new cards and having yet another bill to keep track of and arrange to pay.

If an FI offered everything we get in the major credit card we use, with higher rewards or no-fee that i thought were likely to last, I'd go for it, but so far none have come to light, and we've had this card for a long time. I think it's fairly priced so it's unlikely we'd find a better deal.

But, more power to those who have the patience and will to work out the details of card shuffling!

We have used the car rental insurance extensively in the past, in the range of $20K total that we didn't have to spend - we rented cars every weekend for several years (about half the cost of ownership at the time as I was getting really good rates), 3-day weekend plus plane-car vacations of 2-3 weeks. Used the extended warranty this past year, close to $1000 for two repairs.
Unlike some credit card policies, this one offers primary car rental insurance rather than secondary; and there are no exclusions for computers on the extended warranty. The car insurance on the cheap o cards is usually secondary, i.e. almost useless
The cheap ones also tend to exclude computers from warranty coverage.
It's important to read the policies carefully.

The high credit limit means that it's more than I expect to ever need and I have never come close to reaching it, but not enough that I can book a trip to the moon!

Not much changed for me since last year.

I got rid of RBC Visa card.

TD Cash Back Visa Infinite: 94%

Still my favorite credit card. The only one annual fee card I hold. 3% cashback gives nice reward. Lion's share of shopping goes through that card, also all recurring bills. Annual fee is offset by roadside assistance card offers: I don't have to subscribe to CAA.

AmEx Simply Cash: 1%

For Amazon and other Internet shopping only. Every charge on that card generates notification alert on smartphone. That helps me keep an eye on unauthorized CC charges.

Tangerine Money-Back Mastercard: 5%

I thought I do use Tangerine credit card very unfrequently, but checked last 12 months transactions and to my surprise they amounted to 5% of all expenses. Will keep it.

BMO Cashback Mastercard

Considering subscribing to that no annual fee card with 3% groceries cashback, to add to TD Visa if I start maxing on TD Visa groceries cashback.