What benefits do Canadian banks offer on credit cards?
Canadian banks offer a variety of benefits on credit cards, catering to different needs and preferences. Here are some common benefits you might find:
- Cash Back. Earn a percentage of cash back on purchases, which can be redeemed for statement credits or deposited into your account.
- Travel Rewards. Accumulate points or miles that can be redeemed for flights, hotel stays, car rentals, or other travel expenses.
- Points Programs. Earn points that can be redeemed for merchandise, gift cards, or other rewards.
- Welcome Offers. New cardholders often receive bonus points or cash back when they meet a minimum spending requirement within a specified period.
What are the best credit cards for flights rewards?
Choosing the best credit card for flight rewards in depends on your travel habits, preferred airlines, and spending patterns.
Here are some of the top credit cards for flight rewards available:
- American Express Cobalt Card
- RBC Avion Visa Infinite
- TD Aeroplan Visa Infinite
As an alternative, you can also take out a personal loan. Your possible expenses:
Personal loan calculations for 1 year (example)
| Amount, $ | Rate, % | Accrued %, $ |
| 20,000 | 8.25% | 894 |
| 20,000 | 11.25% | 1,219 |
| 20,000 | 14.25% | 1,544 |
| 50,000 | 8.45% | 2,289 |
| 50,000 | 11.45% | 3,101 |
| 50,000 | 14.45% | 3,914 |
| 100,000 | 8.65% | 4,685 |
| 100,000 | 11.65% | 6,310 |
| 100,000 | 14.65% | 7,935 |
| 200,000 | 8.85% | 9,588 |
| 200,000 | 11.85% | 12,838 |
| 200,000 | 14.85% | 16,088 |
Who offers promotions for credit cards?
In Canada, several banks and financial institutions offer promotions for credit cards. These promotions often include introductory offers, cash bonuses, reward points, or low interest rates.
- Royal Bank of Canada - RBC Avion Visa Infinite often has promotional offers for new customers.
- Toronto-Dominion Bank - TD Aeroplan Visa Infinite and TD Cash Back Visa Infinite are known for their promotions.
- Scotiabank - Scotiabank Gold American Express and Scotiabank Scene+ Visa often feature special offers.
- Bank of Montreal - BMO CashBack World Elite Mastercard and BMO World Elite Mastercard often have promotions.
- Canadian Imperial Bank of Commerce - CIBC Aventura Visa Infinite and CIBC Dividend Visa Infinite offer various promotions.
- Capital One - Capital One Platinum Mastercard and Capital One Aspire Travel World Elite Mastercard.
- American Express - American Express Gold Rewards Card and American Express Cobalt Card often feature special promotions.
- Desjardins - Desjardins Cash Back Mastercard and Desjardins Odyssey World Elite Mastercard.
Who offers credit cards with gas rewards?
In Canada, several credit cards offer rewards specifically for gas purchases. These cards are ideal for those who spend a significant amount on fuel and want to earn rewards or cash back. Here are some credit cards with notable gas rewards:
- Scotiabank Momentum Visa Infinite Card - 2% cash back on gas and transit.
- CIBC Dividend Visa Infinite Card - 2% on dining and transportation, and 1% on other purchases.
- HSBC Cash Back Mastercard - 1.5% cash back on all purchases, including gas.
You can see the similar FAQ at the link:
- How do I pay my CIBC credit card balance?
- How do I prepare my BMO MasterCard statements?
- How do I redeem points in CBA?
- How do I register for the Paymi CIBC offer?
- How do I track my BMO credit card application status?
Details of companies offering the financial services:
CIBC
Head office’s address: 199 Bay St, 44th Floor Toronto
Contact center: 800-465-2422
Web-site: https://www.cibc.com/en/personal-banking.html
Swift code: CIBCCATT
Stock code: CM
BSB: 010
PresidentS Choice Bank
Head office’s address: 25 York St, 7th Floor Toronto
Contact center: 888-723-8881
Web-site: https://www.pcfinancial.ca/
PresidentS Choice Bank
Head office’s address: 25 York St, 7th Floor Toronto
Contact center: 888-723-8881
Web-site: https://www.pcfinancial.ca/
RBC Royal Bank
Head office’s address: 200 Bay St, 9th Floor South Tower, Toronto
Contact center: 800-769-2511
Web-site: http://www.rbc.com/canada.html
Swift code: ROYCCAT2
Stock code: RY
BSB: 003
RBC Royal Bank
Head office’s address: 200 Bay St, 9th Floor South Tower, Toronto
Contact center: 800-769-2511
Web-site: http://www.rbc.com/canada.html
Swift code: ROYCCAT2
Stock code: RY
BSB: 003
RBC Royal Bank
Head office’s address: 200 Bay St, 9th Floor South Tower, Toronto
Contact center: 800-769-2511
Web-site: http://www.rbc.com/canada.html
Swift code: ROYCCAT2
Stock code: RY
BSB: 003
RBC Royal Bank
Head office’s address: 200 Bay St, 9th Floor South Tower, Toronto
Contact center: 800-769-2511
Web-site: http://www.rbc.com/canada.html
Swift code: ROYCCAT2
Stock code: RY
BSB: 003
RBC Royal Bank
Head office’s address: 200 Bay St, 9th Floor South Tower, Toronto
Contact center: 800-769-2511
Web-site: http://www.rbc.com/canada.html
Swift code: ROYCCAT2
Stock code: RY
BSB: 003
RBC Royal Bank
Head office’s address: 200 Bay St, 9th Floor South Tower, Toronto
Contact center: 800-769-2511
Web-site: http://www.rbc.com/canada.html
Swift code: ROYCCAT2
Stock code: RY
BSB: 003
Scotiabank
Head office’s address: Scotia Plaza, 44 King Street West Toronto
Contact center: 800-472-6842
Phone: 416-866-6430
Web-site: http://www.scotiabank.com/ca/en/0,,2,00.html
Swift code: NOSCCATT
Stock code: BNS
BSB: 002
RBC Royal Bank
Head office’s address: 200 Bay St, 9th Floor South Tower, Toronto
Contact center: 800-769-2511
Web-site: http://www.rbc.com/canada.html
Swift code: ROYCCAT2
Stock code: RY
BSB: 003
RBC Royal Bank
Head office’s address: 200 Bay St, 9th Floor South Tower, Toronto
Contact center: 800-769-2511
Web-site: http://www.rbc.com/canada.html
Swift code: ROYCCAT2
Stock code: RY
BSB: 003
Capital One Bank
Head office’s address: 161 Bay St. #1800, Toronto, ON M5J 2S1
Contact center: 800-481-3239
Web-site: https://www.capitalone.ca/
Swift code: NFBKUS33
BSB: 323
Vancity Savings Credit Union
Head office’s address: 183 Terminal Avenue, Vancouver, British Columbia
Contact center: 868-225-4828
Phone: 604-877-7000
Web-site: https://www.vancity.com/
Vancity Savings Credit Union
Head office’s address: 183 Terminal Avenue, Vancouver, British Columbia
Contact center: 868-225-4828
Phone: 604-877-7000
Web-site: https://www.vancity.com/
Vancity Savings Credit Union
Head office’s address: 183 Terminal Avenue, Vancouver, British Columbia
Contact center: 868-225-4828
Phone: 604-877-7000
Web-site: https://www.vancity.com/
ELGA Credit Union
Head office’s address: 6065 Grand Pointe Blvd., Grand Blanc, MI, United States, Michigan
Phone: +1 810-715-3542
Web-site: https://www.elgacu.com/
ATB Financial
Head office’s address: 2100, 10020 – 100 Street, Edmonton, Alberta
Contact center: 800-332-8383
Mail address: [email protected]
Web-site: https://www.atb.com
Swift code: ATBRCA6E
Stock code: ATB Financial
BSB: 219
ATB Financial
Head office’s address: 2100, 10020 – 100 Street, Edmonton, Alberta
Contact center: 800-332-8383
Mail address: [email protected]
Web-site: https://www.atb.com
Swift code: ATBRCA6E
Stock code: ATB Financial
BSB: 219
Vancity Savings Credit Union
Head office’s address: 183 Terminal Avenue, Vancouver, British Columbia
Contact center: 868-225-4828
Phone: 604-877-7000
Web-site: https://www.vancity.com/
CIBC
Head office’s address: 199 Bay St, 44th Floor Toronto
Contact center: 800-465-2422
Web-site: https://www.cibc.com/en/personal-banking.html
Swift code: CIBCCATT
Stock code: CM
BSB: 010
Bank Of Montreal
Head office’s address: 119, rue Saint-Jacques Montreal, Quebec H2Y 1L6
Contact center: 877-225-5266
Phone: 416-867-5000
Web-site: http://www.bmo.com/main/personal
Swift code: BOFMCAM2
Stock code: BMO
BSB: 001
Bank Of Montreal
Head office’s address: 119, rue Saint-Jacques Montreal, Quebec H2Y 1L6
Contact center: 877-225-5266
Phone: 416-867-5000
Web-site: http://www.bmo.com/main/personal
Swift code: BOFMCAM2
Stock code: BMO
BSB: 001
Bank Of Montreal
Head office’s address: 119, rue Saint-Jacques Montreal, Quebec H2Y 1L6
Contact center: 877-225-5266
Phone: 416-867-5000
Web-site: http://www.bmo.com/main/personal
Swift code: BOFMCAM2
Stock code: BMO
BSB: 001
CIBC
Head office’s address: 199 Bay St, 44th Floor Toronto
Contact center: 800-465-2422
Web-site: https://www.cibc.com/en/personal-banking.html
Swift code: CIBCCATT
Stock code: CM
BSB: 010
CIBC
Head office’s address: 199 Bay St, 44th Floor Toronto
Contact center: 800-465-2422
Web-site: https://www.cibc.com/en/personal-banking.html
Swift code: CIBCCATT
Stock code: CM
BSB: 010
CIBC
Head office’s address: 199 Bay St, 44th Floor Toronto
Contact center: 800-465-2422
Web-site: https://www.cibc.com/en/personal-banking.html
Swift code: CIBCCATT
Stock code: CM
BSB: 010
CIBC
Head office’s address: 199 Bay St, 44th Floor Toronto
Contact center: 800-465-2422
Web-site: https://www.cibc.com/en/personal-banking.html
Swift code: CIBCCATT
Stock code: CM
BSB: 010
CIBC
Head office’s address: 199 Bay St, 44th Floor Toronto
Contact center: 800-465-2422
Web-site: https://www.cibc.com/en/personal-banking.html
Swift code: CIBCCATT
Stock code: CM
BSB: 010
RBC Royal Bank
Head office’s address: 200 Bay St, 9th Floor South Tower, Toronto
Contact center: 800-769-2511
Web-site: http://www.rbc.com/canada.html
Swift code: ROYCCAT2
Stock code: RY
BSB: 003
Scotiabank
Head office’s address: Scotia Plaza, 44 King Street West Toronto
Contact center: 800-472-6842
Phone: 416-866-6430
Web-site: http://www.scotiabank.com/ca/en/0,,2,00.html
Swift code: NOSCCATT
Stock code: BNS
BSB: 002
TD Bank
Head office’s address: Toronto-Dominion Centre, Po Box 1 Stn Toronto Dom, Toronto
Contact center: 866-222-3456
Web-site: https://www.td.com/about-tdbfg/our-business/index.jsp
Swift code: TDOMCATTTOR
Stock code: TD
BSB: 004