October 21, 2013
October 11, 2015
I also prefer the cards with travel rewards. For many years, I was loyal to CIBC Aeroplan, but found that: 1. it was almost impossible to get a flight at a day/time that you want 2. the taxes cost more than a regular ticket. So, I ditched the CIBC and switch to BMO world elite--but not the cashback. I got a bonus when i registered for the card. You can book any airline/anytime but you need to do it through their designated phone number--you can't book online yourself. You also get 2 airport lounge passes per year with the BMO world elite.
I also used to like the TD infinite (you can use the points for anything travel related, including taxes, and simply apply online to apply your points towards cash on your visa card to offset your travel booking) but they devalued the value of the points, so I ditched it for a new TD aeroplan--also getting a welcome 25,000 points, and there was a contest in the branch and i got an additional 25,000 points. Aeroplan has improved so I don't mind having this card as a secondary--and I get it for free from TD since I have a savings account and chequing account with them. I guess it's personal preference--cashback or travel rewards. I feel like this forces me to take vacations, and it's fun to feel like you're travelling for free! And, of coure, I pay for everything on my cards to get as many points as possible!
December 17, 2016
May 21, 2016
If anyone is looking at a Scotiabank credit card, check out ratesupermarket.ca https://www.ratesupermarket.ca/deals to pick up an additional $50 to $75 bonus.
February 4, 2017
The new PC world elite MC, if you want a no fee card and do a lot of shopping at SDM and No Frills/Loblaws/Valumart family. 3% at those stores, in PC points added within a few days. There are also car rental, extended warranty, and some travel insurance benefits.
Wife and I have this card. Only glitch we've had is having to preauthorize purchases over a $1000. Not overjoyed the first time a purchase was refused. Don't mind now that we know and its a good safety feature.
We also have CIBC dividend visa. Good solid card. No fuss and no mess. Had it decades.