What is your favorite reward credit card?

[max_boost]

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so is the cash back rewards different than the annual bonus rewards? because if its the same thing wouldn't you have the maximum of $200 at (1.5% of) $13,000 so the 2% part is not even worth considering?...

if they're different is there a cash back cap and what is the annual bonus thing?

This is my understanding.

First $20K in purchases it's 1.5%, anything above that is 2%.

So say spend $60k/year. All payments made on time.
$20k at 1.5% = $300
$40k at 2% = $800
Total rewards = $1100

20% bonus on that $1100 = $220 but the cap is $200

So you end up with $1300 in total rewards.

Someone please double check my marth. lol

[hurrdurr]

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Not sure if it's an irrational fear but the last thing I want to do is spend time in a hospital while away and get a crazy hospital bill. A lot of credit cards offer travel insurance coverage 20-25 days so do you guys buy extra coverage if you are going on an extended vacation? Or is it just a calculated risk that nothing happens? I mean this card offers up to 60 days and I don't think I will ever be away from home that long lol

Sam if you're buying an annual travel medical policy holler at me, i can get you a discount.

[Thaco]

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This is my understanding.

First $20K in purchases it's 1.5%, anything above that is 2%.

So say spend $60k/year. All payments made on time.
$20k at 1.5% = $300
$40k at 2% = $800
Total rewards = $1100

20% bonus on that $1100 = $220 but the cap is $200

So you end up with $1300 in total rewards.

Someone please double check my marth. lol

oh, ok, thats pretty cool, no caps? seems decent if there are no caps.

[max_boost]

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oh, ok, thats pretty cool, no caps? seems decent if there are no caps.

Yup. Seems decent for sure. You can redeem online for anything travel related so using the rewards shouldn't be an issue. Only thing I have read so far is it doesn't offer trip delay insurance but I'll take my chances with that. My first travel card and it's more for peace of mind

[dirtsniffer]

New td visa infinite cash back card is out. Probably going to get it tomorrow.

[flipstah]

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New td visa infinite cash back card is out. Probably going to get it tomorrow.

Any info? The Infinite ones I see are Aeroplan.

[max_boost]

https://forums.redflagdeals.com/td-c...t-now-2095078/

Good improvements for sure.

[jwslam]

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https://forums.redflagdeals.com/td-c...t-now-2095078/

Good improvements for sure.

...
The first rule of RFD, is you don't talk about RFD...

[sabad66]

Looks likely stopped taking new applications for the amazon.ca visa. Existing accounts will be grandfathered but I hope they don't remove any features.

The Rogers card is a good option for a fx card if anyone is looking

[LLLimit]

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https://forums.redflagdeals.com/td-c...t-now-2095078/

Good improvements for sure.

Transferred existing Gold Elite to new Infinite Cash Back today on the phone. In the mail, 7-10 days.
Lose some travel benefits I never use, but much better cashback.

[Mitsu3000gt]

3% on limited purchases up to $15K (low cap) then 1% thereafter on the TD Visa - what am I missing? That isn't good at all.

I still have yet to see a better combo than the Capital One Aspire + Amazon Visa for the average person without weirdly disproportionate spending. That's too bad if Amazon is no longer taking customers, it was one of the best deals going.

[max_boost]

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Transferred existing Gold Elite to new Infinite Cash Back today on the phone. In the mail, 7-10 days.
Lose some travel benefits I never use, but much better cashback.

I held onto the Gold Elite because of the Auto Club which was cheaper than AMA and I had 4 cars lol but now all I have is just the Golf and it comes with roadside so I canceled the Elite. This was just a few days ago and I'm a bit surprised now that the CSR made no mention of the new changes? I was offered to lower my limit and trade for a no fee card however I was applying for the Desjardins World Elite MC so I declined.

What travel benefits did you lose? The card seems quite comprehensive with both the Auto Club and Travel Insurance.

[max_boost]

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3% on limited purchases up to $15K (low cap) then 1% thereafter on the TD Visa - what am I missing? That isn't good at all.

I still have yet to see a better combo than the Capital One Aspire + Amazon Visa for the average person without weirdly disproportionate spending. That's too bad if Amazon is no longer taking customers, it was one of the best deals going.

It's $15k cap per category (Grocery Purchases, G​as Purchases and Regularly Recurring Bill Payments ) so $45k. Most people with the TD cards have the All Inclusive Account so the $120 fee is waived.

I am reading that the Scotia Momentum is still the best for cash back? unno:

[403ep3]

I'm still enjoying my Capone aspire and amazon visa duo.

Don't think I will cut these cards anytime soon as I've been getting crazy rewards from
The Capone. I get anywhere from 1.5-2k in rewards every year.

[msommers]

Same combo still and doubt I'll change. Got grandfathered into the annual bonus CapOne gives so the yearly fees end up being $20.

[Manhattan]

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I'm still enjoying my Capone aspire and amazon visa duo.

Don't think I will cut these cards anytime soon as I've been getting crazy rewards from
The Capone. I get anywhere from 1.5-2k in rewards every year.

$100K a year on CC?? There's gotta be a business card with more perks if you're spending that much.

[TomcoPDR]

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Transferred existing Gold Elite to new Infinite Cash Back today on the phone. In the mail, 7-10 days.
Lose some travel benefits I never use, but much better cashback.

Mom switched out my personal gold elite to this Infinite cash too... seems like you lose some travel related benefits. But it'll still include free TD auto club.




Also be cautious, booked a business flight last week with TD Business Aeroplan (AC flight), the AC counter didn't recognize the business Aeroplan card comes with 1 free checked luggage, called the card and they said once the charge is posted they'll refund checked luggage charge, upon reading the fine print, noticed they've dropped the maple leaf lounge from 2/annum to only 1 visit/annum

Thinking of just sticking with the Infinite Privilege for all personal/business and then just sort things out on the accounting end. But still haven't really seen amazing benefits from Infinite Privilege neither.




A smart bank should just combine every benefit and rewards program into just 1 super duper awesome CC imo.

[dj_rice]

Anyone use the RBC Avion Infinite card?Is it good for travel/lounge access.etc?

I have the Avion Platinum Infinite and thinking about making the switch to the Avion Black one as I pay $120/year annually either way.

[blownz]

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Anyone use the RBC Avion Infinite card?Is it good for travel/lounge access.etc?

I have the Avion Platinum Infinite and thinking about making the switch to the Avion Black one as I pay $120/year annually either way.

Are you talking about the RBC Avion Infinite Privilege for private banking? You do get a black private lounge card with it, but it isn't as good as AMEX (not as many lounge options).

It is better than the regular Infinite card. You earn 1.25 points vs 1 for every $1. But I am pretty sure it is $399 per year.

[The BMW Guy]

Apparently the BMO World Elite Cashback 1.75% is going down to 1.50% in September. Might start shopping around again to see what's out there.

Any suggestions for cashback cards? I don't care much for tiered stuff and would prefer if the fee could be waived with a minimum balance.