What is your favorite reward credit card?

[broken_legs]

I just switched over to the TD Visa Infinite First Class travel card.

I think you will find that if you look around and actually calculate what the rewards are worth, that the best cards in Canada will only pay 1.5% of what you spend in rewards.

If you get a cash back card, you can spend that cash on whatever you want. To me this is a way better deal that being forced to spend your reward points on flights only, or some other crappy bonus.

If you get the TD Visa Infinite card (1.5%) you can spend those reward points on any kind of travel or rental car hotel flight whatever as long as you pay for it with your card. This is ideal so you can book a cheap deal you see on the internet instead of saving up 10,000,000 points for a flight and still pay the 200 dollar airport taxes etc...

[Recca168]

Started using Citibank Drivers edge MC. 2% cashback towards the purchase of a car.

[broken_legs]

Originally posted by Recca168
Started using Citibank Drivers edge MC. 2% cashback towards the purchase of a car.

I believe this also screws you out of any chance of negotiation the price with the salesman no?

See Not For use with any other offer etc...

[rp_guy]

amex gold cashback if you can still get in. 2% cashback when your annual purchases > $5000

ps. this is not the card on the website (it's a no-fee card)

[HiTempguy1]

I have a CIBC VISA with 1% (or is 1.5%) cash back. I use it for everything, then pay it all off at the end of each month (since if I am buying something I am buying it so to speak, so it makes sense). No fee's or anything, plus it is VISA (very good company to work with, I travel quite a bit).

[bwling]

Originally posted by Recca168
Started using Citibank Drivers edge MC. 2% cashback towards the purchase of a car.

Originally posted by broken_legs



I believe this also screws you out of any chance of negotiation the price with the salesman no?

See Not For use with any other offer etc...

I have used Citibank Drivers edge for years now and have applied the 2% rebate to several cars. It doesn't lower your ability to negotiate at all since you don't need to tell the dealer about it until the very end.

You can use the rebate on purchases of new or used vehicles. All you need to provide Citibank is a bill of sale and your insurance pink slip and you get a cheque in the mail a few weeks later.

[TYMSMNY]

I like using cards with cash back. Airmiles, Aeroplan, etc etc just doesn't cut it for me. Most of them are tiered cash back programs... so I usually stick with one card, AMEX. I have a MC w/ cash back as backup.

[Recca168]

Originally posted by bwling

I have used Citibank Drivers edge for years now and have applied the 2% rebate to several cars. It doesn't lower your ability to negotiate at all since you don't need to tell the dealer about it until the very end.

You can use the rebate on purchases of new or used vehicles. All you need to provide Citibank is a bill of sale and your insurance pink slip and you get a cheque in the mail a few weeks later.

Exactly. The only catch seems to be you MUST buy a car every 5 years otherwise some of your points will expire. I don't think i'll have a problem with that though

[lint]

Originally posted by rp_guy
amex gold cashback if you can still get in. 2% cashback when your annual purchases > $5000

ps. this is not the card on the website (it's a no-fee card)

+1 cash you can spend anywhere you like.

[Thaco]

i use a low rate card with no rewards(cap1 prime+.9 forever), The way i see it, with the money i save on the interest rate, i can spend it how i like... but i know most of the balla's on here don't carry a balance.

[Xtrema]

http://www.redflagdeals.com/deals/ma...icles/credit6/

Better than 20 pages here.

[lint]

Originally posted by Thaco
i use a low rate card with no rewards(cap1 prime+.9 forever), The way i see it, with the money i save on the interest rate, i can spend it how i like... but i know most of the balla's on here don't carry a balance.

That's just called living within your means.

[20incheyes]

Xtrema your link is good but the info is somewhat dated


BMO Mastercard Cashback 1% on all purchases 3% at Shell
AMEX Gold CB .5% to $2500 1% to $5000 2% over $5000

[canadian_hustla]

ATB Platinum ftw.

1% cash back on all purchases and
3% cash back on everyday purchases (gas, groceries, home improvement stores)

[TomcoPDR]

I just use TD Gold Elite 1% cash back, too much hassle trying to look for the best deal within 1% flex. (if it was 5% bonus whatever back, then maybe I'll look into it)

[djayz]

How many of you guys with these cash back cards pay annual fees, might help to post that up instead of claiming 1-3% cash back when you're paying $80 to have the card.

[TYMSMNY]

Originally posted by djayz
How many of you guys with these cash back cards pay annual fees, might help to post that up instead of claiming 1-3% cash back when you're paying $80 to have the card.

Mastercard Cash back = $0 AF
Amex Cash back = 0$ AF

I don't like any cards with fees.

[DJ_NAV]

Originally posted by Recca168
Started using Citibank Drivers edge MC. 2% cashback towards the purchase of a car.

I have this card as well. I have the platnuim card.. not sure if that makes a difference.

But the card also provides:
Car rental insurance
Double the manf. warranty on items purchased on the CC
They have the option to put your photo on the card... to increase security.
They also have some policy for price match(beat).... not sure about it since i haven't used it.
NO AF

[seadog]

TD Travel Platinum. 1.5% cash back essentially but you need to use it on travel. But I like travelling so it works. Its $120/yr, but free with their select servce that costs $25/mth. This too is free however if you maintain 5k in your account, along with a bunch of other features like free travellers checks, no fee foreign exchagne, free safety deposit box, free checks, unlimited transactions etc.

[saiyajin]

Originally posted by seadog
TD Travel Platinum. 1.5% cash back essentially but you need to use it on travel. But I like travelling so it works. Its $120/yr, but free with their select servce that costs $25/mth. This too is free however if you maintain 5k in your account, along with a bunch of other features like free travellers checks, no fee foreign exchagne, free safety deposit box, free checks, unlimited transactions etc.

the Platinum is $99 AF the Infinite is $120.. should get them to change yours to the Infinite if you can since you got the SelectService account it will waive your annual fees