I still like the Rogers card for FX. 2.5% charge but 4% cashback, no annual. Their new cashback system works really well too.
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I still like the Rogers card for FX. 2.5% charge but 4% cashback, no annual. Their new cashback system works really well too.
Just got a letter saying they are changing the rewards on Scotia Amex and imo for the better. No more FX fee and 5X cashback on dining, entertainment, groceries and gas (from 4X). Very excited for the change.
Might want to read it again...
AF goes up from $99 to $120
Grocery, Dining, Entertainment up from 4x to 5x
Gas down from 4x to 3x
Daily transit, select streaming services new at 3x
No forex fee, but also no multipliers on foreign transactions. So if you previously dined at a US restaurant, you would've gotten 4% minus 2.5% forex fee = net 1.5% reward. Now there's no forex fee, but you only earn 1% cash back, so 1% net reward.
The new amazon.ca card is live now. It's a MasterCard this time around through MBNA. No annual fee, 2.5% back at Amazon and whole foods (5% for first 6 months at amazon, whole foods, and restaurant/grocery), 1% back everywhere else, and 2.5% back on foreign currency transactions (essentially making it zero as the FX fee is 2.5%). IMO it's better to just not pay the FX fee rather than wait for cash back, so that is a downgrade.
If you're not a Prime member the Amazon cash back is 1.5% not 2.5%.
I'm pretty sure it's not actual cash back, but Amazon gift cards/credit.
I think I'll just stick to the Home Trust Visa even though I hate that it doesn't have tap.
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https://www.amazon.ca/dp/B07MJM4F44
Anyone try the Tangerine Cash Back Credit Card?
They keep sending me letters with deals. Currently its 4% cash back for 3 months (on select categories)
Currently have a TD Aeroplan Infinite Visa and it has served me well with quite a few travel trips.
scotia momentum just changed their terms, jacked the annual fee, doesnt work well for me now, what's the best visa out there for gas/groceries (cash back, i prefer cash over rewards)? i mostly use my rogers MC anyway except gas and groceries... but i need a visa as well just in case.
they dropped gas to 2% and increased the AF by $20 for both primary and additional cards, i only use it for gas and grocery (that i dont buy at costco and almost always shop at costco which is an MC shop) so this is a big hit for me, wont even break even with it now that its $170/yr for AF
Also i never liked scotia.
Almost all my monthly bills are auto paid by my visa infinite and they are more than my gas expense so this change works for me.