What is your favorite reward credit card?

[guessboi]

^ Which mastercard world are you referring to? The 1st 3 listed are all M/C.

[Perfect Dark]

Originally posted by toyboy88
Just realized "We Rate Canada's Best Credit Cards" is featured in this months Money Sense mag:


» Click image for larger version

I use the Scotiabank Momentum Infinite card, we just upgraded from the regular momentum card so I guess we'll see if the annual fees are worth it or not.

[flipstah]

Originally posted by guessboi
^ Which mastercard world are you referring to? The 1st 3 listed are all M/C.

Oops, sorry. The MBNA SmartCash World. I have the Platinum Plus version.

[guessboi]

I think the only difference is the Price Protection and Concierge Services.

I have always upgraded to the world version for all our cards.

https://www.mbna.ca/RWDapp/benefits?...N&locale=en_CA

VS

https://www.mbna.ca/RWDapp/benefits?...N&locale=en_CA

[S-FLY]

Originally posted by Super_Geo
The MBNA one is a MasterCard... though I don't think there's really a difference between Visa/MC, no place would exclusively take one.

Tim Horton's is the only place that I can think of that only takes one card (Mastercard).

[S-FLY]

Originally posted by BrknFngrs
Do any of the top cards listed allow you to see a transaction that is pending but not yet posted in your online banking? I've been looking for this feature for a while but haven't seen many cards/banks that offer it.

I believe Capital One has that feature. I'd call just to make sure though.

[FraserB]

Originally posted by S-FLY


Tim Horton's is the only place that I can think of that only takes one card (Mastercard).

I think they take VISA now as well.

[S-FLY]

Originally posted by FraserB


I think they take VISA now as well.

Oh good! I always thought that was stupid that they only took one. Thanks for the heads up!

[guessboi]

Pho Kim only takes VISA.

[guessboi]

Originally posted by S-FLY


I believe Capital One has that feature. I'd call just to make sure though.

I can confirm Capital One and MBNA has it.

[Feruk]

Originally posted by Perfect Dark
I use the Scotiabank Momentum Infinite card, we just upgraded from the regular momentum card so I guess we'll see if the annual fees are worth it or not.

Wouldn't you wanna do the math beforehand? Pretty much junior high school math if you have access to your statements.

Originally posted by S-FLY
Tim Horton's is the only place that I can think of that only takes one card (Mastercard).

Correct me if I'm wrong here, but doesn't Costco just take American Express for credit cards?

[guessboi]

Originally posted by Feruk

Correct me if I'm wrong here, but doesn't Costco just take American Express for credit cards?

Yup stupid AMEX. I use my Holt Renfrew AMEX to pay at Costco.

Reason I have this card...you get 10% off your 1st purchase so my wife (gf at that time) made me apply back in the days.

[msommers]

Talked to Scotia, they don't do indefinite fee waiving, just the first year then you're hooped. Apparently they used to waive the fees all the time but then realized that they weren't collecting any fees lol. Could do that for a year then cancel it but seems like a pain in the ass vs. just getting the MBNA one. So I think I'm going to use the MBNA cashback for groceries/gas and the capital one for everything else. Sucks they're both MC but oh well, keep some no-fee VISA for travelling back-up.

Two better cards for basically $20 a year...I'll take it.

[trieuth]

Originally posted by Tomaz
I just changed to a low-interest card instead of a rewards card. I don't travel, or spend a lot for the cash back, so having 11% interest instead of 19.99% is a big bonus. I forget the name of the card, but I will post it once I remember.

That's only worth it if you carry a balance, if you pay your credit card off every month; it'd be dumb not to get at least a dividend card to get a small percentage of what you spend.

[JLau]

Originally posted by S-FLY


Tim Horton's is the only place that I can think of that only takes one card (Mastercard).

Costco only takes AE

[trieuth]

Originally posted by CapnCrunch
I've got a CIBC Dividend that gives me 2% back on whatever I buy.

The dividend platinum from cibc is actually not that good. To get the 2% you have to spend a lot:

Tier one - 0.5% rebate on your first $3,000 in annual net card purchases
Tier two - 1% rebate on your next $12,000 in annual net card purchases (between $3,000 and $15,000)
Tier three - 1.5% rebate on your next $20,000 in annual net card purchases (between $15,000 and $35,000)
Tier four - 2% rebate on your next $15,000 in annual net card purchases (between $35,000 and $50,000)

and a 79 dollar annual fee.

[carson blocks]

Originally posted by Perfect Dark


I use the Scotiabank Momentum Infinite card, we just upgraded from the regular momentum card so I guess we'll see if the annual fees are worth it or not.

I've got the Scotia Momentum Infinite as well. I travel for work almost every week, so with all my travel spending the extra annual fee paid for itself in no time.

4% on gas and grocery
2% on drug store and recurring bill payments
1% on everything else

It also apparently comes with a complimentary concierge service and some other perks, but I haven't tried any of them so I have no idea what that stuff is good for.

[msommers]

How are you travelling? If it's by plane and on your dollar, I think one of the travel cards would yield better results. If it's by car or the company is paying for flights, then that card is great to have!

[carson blocks]

Originally posted by msommers
How are you travelling? If it's by plane and on your dollar, I think one of the travel cards would yield better results. If it's by car or the company is paying for flights, then that card is great to have!

I pay for all my travel expenses (~$3k/week) and the company reimburses me later. Since I fly small regional airlines that don't have any points programs or anything, it's nice to get something back.

[flipstah]

Originally posted by guessboi
I think the only difference is the Price Protection and Concierge Services.

I have always upgraded to the world version for all our cards.

https://www.mbna.ca/RWDapp/benefits?...p;locale=en_CA

VS

https://www.mbna.ca/RWDapp/benefits?...p;locale=en_CA

Snap. Maybe I'll upgrade to World then...