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Your Experience with CC Insurance
March 10, 2024
11:04 am
Loonie
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You seem to be saying two different things, Norman.

To clarify, we have a Diners' Club credit card which we acquired many years ago. Diners' Club was acquired several years ago by BMO. We still have this card, which is now issued by BMO, and it says "Diners Club" on it with DC's traditional logo. When BMO acquired it, it became a MasterCard. There was never any connection to Discover. Perhaps the latter applies to a US card?

As an aside, I think I read somewhere recently that Discover has been acquired by another bank, but didn't pay much attention to the notice.

the US?

March 10, 2024
11:52 am
Norman1
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Bank of Montreal only acquired the North American franchise for Diners Club. So, Bank of Montreal has the sole right to issue Diners Club branded cards in Canada and US.

The franchisor Diners Club International was bought by Discover. Discover didn't take out any of the franchises that were issued. So, the Diners Club franchise for North America is still owned by Bank of Montreal.

Discover did dismantle the separate card network that accepted Diners Club charges. Those charges can now be accepted by their card network for Discover cards.

Looks like Bank of Montreal decided not to use the Discover card network to accept its Diners Club-branded cards. Instead, the bank has decided to use the brand on some of its MasterCard cards and have them accepted through the MasterCard card network.

March 10, 2024
5:56 pm
Doug
British Columbia, Canada
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If you're in B.C., one of the (few) good things left with the provincial Crown auto insurer, ICBC, is RoadsidePlus. Not only is it cheap and cover rental cars, it also covers Uhaul rental trucks up to 5,000 GVW and utility trailers; saves you paying the $15-25 SafeMove insurance Uhaul will try and sell you. 🙂

The Triangle MasterCards from Canadian Tire Bank have something similar to BCAA roadside assistance as well as car rental insurance that is second to none.

Cheers,
Doug

March 11, 2024
1:53 pm
RetirEd
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Haven't checked today, but I've always used SafeMove because of lower deductables...

RetirEd

March 11, 2024
2:13 pm
Loonie
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Norman1 said
Bank of Montreal only acquired the North American franchise for Diners Club. So, Bank of Montreal has the sole right to issue Diners Club branded cards in Canada and US.

The franchisor Diners Club International was bought by Discover. Discover didn't take out any of the franchises that were issued. So, the Diners Club franchise for North America is still owned by Bank of Montreal.

Discover did dismantle the separate card network that accepted Diners Club charges. Those charges can now be accepted by their card network for Discover cards.

Looks like Bank of Montreal decided not to use the Discover card network to accept its Diners Club-branded cards. Instead, the bank has decided to use the brand on some of its MasterCard cards and have them accepted through the MasterCard card network.  

OK. This agrees with my experience.

To reiterate more simply, the Diners' Club credit card available to Canadians is now a BMO Mastercard with a DC logo.
The Discover organization is basically irrelevant to us now.

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