What is your favorite reward credit card?

[Khyron]

Originally posted by Khyron


I just signed up for the Amazon.ca Visa, and the Capital One Travel Elite.

Anything else I need boss?

So I signed up for both of these on the same day. Received the Amazon card a few days later, activated right away. Capital one sent a sign-only package to a post office to verify ID, THEN sent the cards but cannot activate until they send the PINs which is another letter (still don't have it yet). Crazy.

[ExtraSlow]

Thoughts on the RBC Westjet Mastercard? I pretty much only fly westjet, and I take 2-3 flights a year, usually with a few others.

[403ep3]

Originally posted by Khyron


So I signed up for both of these on the same day. Received the Amazon card a few days later, activated right away. Capital one sent a sign-only package to a post office to verify ID, THEN sent the cards but cannot activate until they send the PINs which is another letter (still don't have it yet). Crazy.

Yeah, it takes some time to come. I'm loving the card. I've been using the scotia visa for gas and groceries, but will probably ditch it right before annual fee time.

[Manhattan]

Did some calculations on different spending scenarios and amounts. All the rewards cards (AMEX, Capital One, BMO World Elite) are pretty much the same. Capital One came out on top because of the extra 10K anniverary points but there was less than a $50 value difference in terms of rewards between all the cards.

[flipstah]

Originally posted by Manhattan
Did some calculations on different spending scenarios and amounts. All the rewards cards (AMEX, Capital One, BMO World Elite) are pretty much the same. Capital One came out on top because of the extra 10K anniverary points but there was less than a $50 value difference in terms of rewards between all the cards.

They are indeed all the same in a per unit basis. The selection of card is dependent on your spending habit.

So far, I see more benefit going cash back vs. travel. Although I do miss Priority Pass perks.

[gwill]

Scotia banks partnered with gm to offer a new visa. 5% on all purchases up to $5000 then 2% after that. Must be used on gm leases or vehicles only.

Second card is the same thing but with a $79 annual fee vs no fee on the other. It doubles the first part to $10,000 and then 2% after that. Plus your typical travel features for both cards... Pretty high return if you like gm vehicles.

[rx7boi]

I'm looking to ditch this Scotiabank Scene VISA soon.

Since they made the revisions to the point system, it's no longer economical for me to put purchases on the card considering the amount of movies I watch.

I'll have to look at either getting an AMEX or Mastercard so I can start using it for the Costco gas bar as well which is where a fair chunk of money goes per month.

[flipstah]

Get a MC. Amex died with the bourgeoisie a long time ago.

[Manhattan]

Originally posted by flipstah


They are indeed all the same in a per unit basis. The selection of card is dependent on your spending habit.

So far, I see more benefit going cash back vs. travel. Although I do miss Priority Pass perks.

I still prefer the travel rewards because I don't really get to "enjoy" the cash back. It just goes to pay the next month's bills and I hardly even notice it. With travel points it feels like a more tangible reward going on a vacation.

[msommers]

CapitalOne is awesome for everyday purchases, dinner etc.

Scotia VISA is sweet for gas/groceries/drugstore/bills

[slick2404]

For those of you who have a TD Aeroplan Visa - check out the promo at www.shop.ca/TD

Saw this on my statement, its basically $50 to use with no minimum + 3000 points. Gonna give it a go and see if it works without actually spending my own money haha.

[gkAeris]

Originally posted by slick2404
For those of you who have a TD Aeroplan Visa - check out the promo at www.shop.ca/TD

Saw this on my statement, its basically $50 to use with no minimum + 3000 points. Gonna give it a go and see if it works without actually spending my own money haha.

yup I used it already for a mixer lol

59.99$ so after promo and GST I paid $12 for the mixer

good deal!

can't use on GC fyi

[schurchill39]

TD First Class Travel Visa just fucked with their rewards structure again and its really starting to piss me off.

It used to be that 10,000 points = $50 in travel savings (200 pts = $1)
Now for the first 300,000 points: 10,000 points = $40 in travel savings (250 pts = $1), for the next 300,000 points: 10,000 points = $50 in travel savings (200 pts = $1)

So basically you get $300 less in travel savings.


Time to look at switching because I am getting pretty sick of them constantly changing the structure. Its becoming less and less appealing.

[BensonTT]

BMO World Elite Travel FTW

[flipstah]

They're changing the First Class structure so you're forced to go Aeroplan. They're heavily pushing that product right now.

[Neil4Speed]

Originally posted by flipstah
They're changing the First Class structure so you're forced to go Aeroplan. They're heavily pushing that product right now.

Frustrating, but still better than Aeroplan for my usage. The 4.5% on expedia is pretty awesome. I was luckily able to redeem 100k points on the old structure.

[flipstah]

Has anyone been able to change their MBNA product, post-TD? I want my Smart Cash to become the Rewards World card but they wont let me unless I cancel and apply again.

Eff that.

[403ep3]

The Capone apparently has no more tiers so it's straight 2%! Just became the best card out there.. No question

[msommers]

Oh wow that's huge. Are you sure??

[kenny]

Originally posted by schurchill39
TD First Class Travel Visa just fucked with their rewards structure again and its really starting to piss me off.

It used to be that 10,000 points = $50 in travel savings (200 pts = $1)
Now for the first 300,000 points: 10,000 points = $40 in travel savings (250 pts = $1), for the next 300,000 points: 10,000 points = $50 in travel savings (200 pts = $1)

So basically you get $300 less in travel savings.


Time to look at switching because I am getting pretty sick of them constantly changing the structure. Its becoming less and less appealing.

Unless I read it wrong, nothing is changing when booking through Expedia it is still 10k points for $50. The new redemption chart is for third party travel redemptions (which I don't think was even an option before) which can be redeemed in $1 increments (vs $50 on Expedia).