best balance transfer credit cards canada
- Posted April 03, 2010 by Monty Loree

Best Balance Transfer Credit Cards Canada

A credit card balance transfer basically is moving the debt from one particular card to another credit card. It is regularly an excellent technique to set aside money for savings. Various credit card companies offer an interest free period on balance transfers to new clients. This is the common promotions that card issuer gives to be able to attract more new customers. Clients can merge their payables by transferring the balance from more than one card or be able to get a new credit card having lower interest rate. Switching to a credit card that does have 0% balance transfer can provide a huge savings for the card holder for a period of 16 months.

Most clients have specific goals and objectives when they are using balance transfer credit cards. Usually, card holders are searching ways to lessen their high interest debt; however, clients are maximizing their full financial prospective by leveraging all their assets, as well as maintaining a good credit score. Commonly, card applicants pick best balance transfer credit cards Canada offering no interest charging for introductory balance transfers. In addition, client have learned that transferring credit balances and deposit them into high interest bank savings accounts would allow them to earn free money. Several card issuers guarantee the new clients that balance transfer process would be very quick by allowing the card user to demand a balance transfer check payable to the full credit limit set with the credit card.

On the other hand, card issuers appear to be slowly phasing out profitable no balance transfer fee offers. 0% balance transfer fee opportunities provided by the card issuer will not be available most of the time as banks and card companies do change their credit card promo and benefits. As a tip to the card applicants, always remember to read credit card terms carefully and compare it with other credit card from the different card issuers.

Good Credit - Excellent Credit

This will talk about actual best balance transfer credit cards Canada from different issuers that give low interest rate. What is common about these credit cards is that they are giving 0% balance transfer fee for a certain period. The time spans before the special interest rate goes back to its permanent rate usually are up to 18 months. Try to check each card feature and benefits and compare one another. In this way, you can choose or pick the best balance transfer credit card that would help you save much cash over your credit spending.

Overview

These cards are for those individual who are using credits. These individual want to carry a balance on their credit card and have the lowest interest rate possible for balance transfer as well as other card transactions. Credit cards with low balance transfer rates are for those card applicants that have established an excellent credit history after using credit cards in the past.

Carry a Balance - Lowest Interest Rate

MBNA Platinum Plus® MasterCard® Credit Card – 1.99% for 10 months

Having a good credit brings immense benefits. In addition to a low initial Annual Interest Rate on best balance transfer credit card Canada and doesn’t charge any annual fee, this MasterCard offers a high credit line to clients qualifying for this card. But this would be available for those card applicants who have good credit history as well as with its credit rating with their other credit cards. This Platinum Plus® MasterCard® credit card has a low 1.99% introductory interest rate for 10 months on Balance Transfers and Cheque Cash Advances.

Other features of the card are listed below:
• No Annual Fee that gives less burden on payment obligations.
• Credit limit up to $100,000 and could be stretched further if you are a good creditor.
• Emergency replacement within 48 hours for lost and stolen cards are free of charge.
• Online access to your credit card account is available by just login in the internet with secured login password.
• International acceptance at millions of locations around the world even in diverse areas
• Around-the-clock fraud protection that gives assurance of safety and risk-free for the clients.
• Immediate cash access at 430,000 ABMs internationally
• 24-hour customer service team that is always ready to help.
• Emergency services like lost document and ticket replacement, lost luggage assistance, travel accident insurance, auto rental insurance are also catered on the services of the company.
• Best Balance Transfer Credit Cards Canada

MBNA Gold MasterCard® Credit Card – Fixed 9.99% AIR

Apply Today! Gold MasterCard® credit card - Fixed 9.99% AIR

Clients who are not eligible to have the Platinum Plus® MasterCard® credit card could avail for this good credit card. This has a common feature with the Platinum Plus® card but a difference in their interest rate exists. This card has a fixed 9.99% annual interest rate. This card is still considered as a good and preferable card for clients. Using this card for a certain period of time until making an excellent credit history won’t get you into trouble in paying your balances along with the interests but instead, it makes you a candidate to apply for the best MasterCard credit card that is available.

Here are some features of the credit card:
• No Annual Fee for the card holder.
• 9.99% Annual Interest Rate on Purchases and Cash Advances are offered and is considered a fair rate for the client.
• Around-the-clock fraud protection that gives assurance of safety and risk-free for the clients.
• Online access to your credit card account is available by just login in the internet with secured login password.
• 24-hour Customer service that is always ready to help.
• Immediate cash access at 430,000 ATMs internationally
• Emergency services like lost document and ticket replacement, lost luggage assistance, travel accident insurance, auto rental insurance are also catered on the services of the company.

Capital One® Platinum Prestige Card

This card requires an excellent credit history which means that card applicants who are eligible are only those who have build up an excellent credit history. This card has a 0% annual interest rate only for purchases and balance transfer until May 2011. Clients would get more savings for this card due to the 0% APR. However, once the date has passed, everything will be back to normal. So, for clients who are planning to have this credit card, maximize the features of this card by using the card as often or most of the time before the due date will be reached. Best Capital One Credit Card Canada

Here are extra benefits of the credit card:
• No annual fee is charged for this card.
• 3% interest of the amount for cash advances but not less than $10.
•Travel benefits offered: Master RoadAssistTM, MasterCard Global ServiceTM, MasterAssistTM Travel Assistance Service for client safety all the time.
• Travel accident insurance is also given aside from the safety assistance.
• MasterCard PayPass™ give convenience in paying bill for the card holder.
• Tap-to-Go system when using the card to have less hassle from card swiping.
• 27/7 standby customer service to phone or online.
• $0 fraud liability is assured for unauthorized card holder using the credit card for any transactions.
• 3% interest on balance transfer after May 2011.
• After May 2011, the APR returns back to 24.90% on cash advances and 11.90% on purchases.

Capital One SmartLine™ Platinum MasterCard

Apply Today! Capital One - SmartLine™ Platinum MasterCard

This is one of the best credit cards that Capital One offers. But this credit card requires an excellent credit history. This means that with your past credit card usage, you must not have any single penalties acquired and your credit rating must be high. The interest that comprises this card is at 5.99% which is best for individuals that save money on interest. This card is composed of great benefits that would give the card holder maximum convenience it can offer.

More features of the card are listed below:
• No Annual Fee which means less responsibility on payments.
• 19.8% interest on Cash Advances is not good rate for this kind of card service.
• 5.99% on Purchases and Balance transfers guaranteed for 3 years. This must require the card holder to sustain agreement status. The interest rate switches to a variable rate of Prime +3.75% on purchases and balance transfers after 3 years of being a card user for the company.
• Balance transfers don’t entail any fee or charges.

Citi® Platinum Select® MasterCard®

This is an attractive credit card only for clients who do have good or excellent credit history. The introductory interest rate offers start with the best balance transfer credit cards Canada which is 0% as well as on purchases for 18 months time. This card doesn’t have any annual fee charges. This card allows a lot of savings for the client for a specific period of time. However, after the 18 months grace period given, the card users still can save but not as much as having the introductory rates. List of additional benefits are given below.

Here are the features of the credit card:
• Having the card you may become eligible for an unsecured card after 18 months of card usage.
• $0 liability on unauthorized charges made into the client account.
• Citi® Identity Theft Solutions protects the account and personal information of the card holder.
• No required income or co-signer to start building a record of account performance.
• With retail purchase protection, the items purchased with your card are safe against accidental damage or theft for up to 90 days from the day the product is bought.
• Tap-and-go system of Citi MasterCard® Payment Tag with PayPassTM is a new innovation where you just tap your card rather than the old system of swiping it.
• Citi® Credit Card Benefits & Services offers cash or rewards such as American Airlines® awards and travel benefits to cash back and college saving.
• APR on purchases is as low as 9.99%.
• 3% interest rate for cash advance and balance transfer with a minimum amount of $5.

Chase Freedom Visa $100 Bonus Cash Back

This credit card gives many rewards to the client starting from the cash back of $100 during the first purchase of the card. It has 0% introductory annual percentage rate and no annual fee being charged for this Chase Freedom Visa to its user. Check out the additional benefits offered for this card.

Chase Freedom Visa offers you more benefits:
• 5% cash back offers is returned to the card holder when purchasing gas, home improvement and department stores.
• Get additional 20% cash back when buying with the specific merchant online using the Chase credit card.
• 1% cash back for all the credit spent – no spending tiers or caps on how much you can earn.
• $50 bonus cash back during the card first purchase.
• No annual fee as well as introductory APR.

Chase Slate Card

Slate from Chase credit card gives you the capacity to propose your own payment arrangement. There are four ways to pay off your balance and these are the following: Full Pay, Split Pay, Finish It and Track It. Full Pay allows you to keep away from paying interest on everyday items, such as gas and groceries, when you pay settle your balance each month. These are routinely divided on your billing statement. Split Pay allows you to pay off larger purchases on your own provisions, you create a date or do monthly payment and these items will be made into half reflected on your statement. Finish It allows you to pay down your whole balance sooner by making a date or paying at the end of the month. Track It allows you to take note of your transactions and check your payment development in real time.

The introductory period is based on the application and level of credit history. If you qualify for Elite and Premium Pricing, you will be granted a 0% APR on purchases and balance transfers for the first 6 billing cycles following the opening of the account. If you qualify for Standard Pricing plan, you will enjoy a 0% APR on balance transfers for the first 6 billing cycles of the account opening.

Chase credit card offers the following as additional features:
• 0% APR up to 12 months is offered by the card issuer.
• The APR on purchases is at 11.24%.
• When having cash advances, the APR is at 19.24%
• No annual fee is charged to the card holder.
• Balance transfers have an interest of 3% with a minimum of $5 while cash advances have a minimum of $10.
• Dedicated service advisors are on standby 24/7.
• No annual fee charge even if the card company is giving all the card benefits it can offer.

Discover® More® Card

This credit card gives the card holder 0% APR for 12 months and 6 months for purchases. The company only charge regular APR for only 11.99% which is low compared to other credit card issuer’s rates. The card doesn’t have any annual fee which is an extra saving for the client. This card has mentioned some of its feature and benefits. Check out more of it below.

Other benefits of Discover® More® Card:
• No uncertain intro terms are assured for this kind of credit card.
• 0% APR on Balance Transfers for a full 12 months and once exhausted, regular APR is just 11.99% low compared to other cards.
• 0% APR on Purchases for a full 6 months is guaranteed by the company.
• 5% Cash back Bonus in categories like travel, gas, groceries, restaurants, home improvement stores and more are returned to the card user.
• Up to 1% unlimited Cash back Bonus on all other purchases using the credit card.
• No Annual Fee charged to the card holder.

Permanent Rate

Permanent rate is what is charged by the credit card issuer throughout the life of the agreement that a client have agreed on. It doesn't fluctuate like the promotional interest rate in which it is offered for a certain span of time and after which, the rate will return to its regular interest rate. Permanent rate as you can check with the various credit card issuer differ in value. This is because of the type of card and the features that comprise such card. Usually, credit cards that offer high credit limit or balance have a higher rate because the risk that the bank or card company is facing is greater compare to secured cards which are safe and less risky.

Promotional Interest Rate

A promotional interest rate is a low interest rate which the credit card issuer will charge for a given period to an existing card holder, usually 6 months, to give incentive for the existing customer to transfer over balances to their card.. Example: The interest rate could be as low as 1.99%

Transaction Fee

This is what is charged with some cards when the individual does a balance transfer.
Example: MBNA charges 1-2% of the balance transferred at the time of the transfer.
$10,000 x 1% = $100 which is billed to that month's statement

Introductory Interest Rate

This is the same as a promotional interest rate, but will be used by the credit card issuer to give incentive to new customers to apply for one of their credit cards. New applicants only. The period is usually 6 months, and the interest rate could be as low as 1.99% depending on that individuals credit history.

After the introductory period is finished the interest rate will go back to the Permanent Rate

References

Carry A Balance Cards

What is an APR?

Finest MBNA Credit Cards

Carry A Balance - Credit History

External Links

List of Top Visa Credit Cards

Canadian Credit Cards

FCAC - Best Credit Cards in Canada

BEST BALANCE TRANSFER CREDIT CARDS CANADA

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balance transfer credit card canada
- Posted April 03, 2010 by Monty Loree

Balance Transfer Credit Card Canada

What is a balance transfer?

From Financial Consumer Agency of Canada:

A "balance transfer" is the amount of money that is transferred from one credit card to another. The purpose of a balance transfer is to pay your balance off on an existing credit card by "transferring" the balance from your old card to your new one. This usually happens when you switch from one credit card provider to another, but it is also possible to transfer a balance from one card to another card issued by the same credit card provider. However, consumers should be aware that this type of transfer is usually treated the same way as a cash advance. This means that interest begins to be charged from the date you make a transaction. In many cases, when the balance transfer is related to a new account, the issuer of the new credit card may offer a reduced interest rate for a specific period of time.

Fees that come with balance transfer

There may be up front fees associated with a balance transfer.

For example, MBNA charges 1% of the amount you're going to transfer. Let's say your amount is going to be $5,000. You will be charged a $5,000 x 1% = $50 fee for this transaction.

If you're not planning to carry the debt for the full 6 months then this fee may be too expensive. You have to add the fee amount into the total interest cost of carrying the credit card debt. Balance Transfer Credit Card Canada

Balance transfer fees are a very critical thing to check when doing a credit card balance transfer. It depends on the card issuer of how much fee they will charge to the client which can easily offset the interest. The majority of balance transfer transactions these days will charge a percentage of the amount involved in the balance transfer, with a minimum and maximum amount of charge fee.

For example:
A card company offers 3% fee on the amount of balance transfer made to the other credit card. There is a minimum fee limit of $5 and a maximum fee limit of $55. If you balance transfer $2,000, you will be charged with the amount of $60. If the client wishes to transfer $5000, you will be charged $55 (since 3% of $5,000 is $90, which is over the maximum balance transfer fee range which $5 to $55).
The trend with these card issuers today is that they are removing their maximum charge fee limit. This mean that with the $5000 balance transfer in the example above, it would cost the card holder $150 instead of the $60 which is the fixed maximum limit. Clients must pay attention to the percentage imposed on the fee before doing a balance transfer.

One way a card user will save a good amount of money is that when a client transfers from a high interest rate credit card to another credit card offering a lower rate, the client must choose credit cards that have long grace periods, such as the list in balance transfer credit card Canada. Another tip would be choosing the credit cards that have low balance transfer fees. It is advisable to compare balance transfer credit card Canada before applying for one.

Apply Today! Capital One - SmartLine™ Platinum MasterCard

Promotions

Balance Transfers are usually a part of a promotion to lure in clients, or get them to use up their credit line.

A credit card company will offer these promotions such as balance transfer credit card Canada to new customers who they're trying to lure over from other credit card issuers.

There are 3 common promotions offered by card companies or banks. The first promotion allows that the balance transfer must last for more than 12 months. It is considered a good balance transfer because it allows a longer period for the client to settle the bills. The second promo provides no charges or fees when a client does a balance transfer. These fees can add up to the amount of payment that the card holder will settle. With no balance transfer fee, the customer is just obliged to pay the amount of balance sent to the other credit card. The third and last promo is when the card allows the client to have a balance transfer that has a high limit. This would make the client be able to send as much balance as possible.

Who should do a balance transfer?

Acquiring a new card

If you have a high interest credit card (19.99%), the first thing to do is contact that company and ask them to lower their interest rate. If that company won't reduce your interest rate, then it may be time to apply for a card that offers a low balance transfer rate, such as balance transfer credit card Canada.

If you're stuck with a high interest credit card then it's time to get a new card with a low balance transfer amount.

Using an existing card
You have two credit cards - MBNA & American Express. Both are at 18.99% interest rate. The MBNA card offers a very low interest rate to pay down other credit cards. You then use the MBNA card to pay off the American Express card.

Apply Today! Capital One - Gold MasterCard®; 11.9% Guaranteed for 3 Years (as long as you pay your bills on time)!

Where can I do a balance transfer?

You can usually contact the company by phone. They will tell you the offers they have that day for you, and then do the transaction for you. Balance transfer credit card Canada. They will read their disclaimer over the phone so that you understand the full deal.

You can also go into your bank and make a request there. The customer service will easily be able to help you .

Why should I do a balance transfer?

This is all about saving money on interest costs. It's always better to take advantage of smaller credit interest costs when ever possible. You should do one if you've got high interest credit cards and you want to save interest. Balance Transfer Credit Card Canada

How much interest Can I Save?
It's best to illustrate the savings as follows:
balance transfer illustration

The amount of interest you can save will be based on your current interest rate, and the promotional rate you're being offered. In some cases the balance transfer credit card Canada rate isn't much better than your current rate, so there wouldn't be any benefit in doing the transaction.

Apply Today! Low Rate Guaranteed MasterCard®

What pitfalls should I watch out for

There are two main pitfalls with these low interest offers:

You get to the end of the term and your interest rate goes back to the original high interest rate. If you haven't paid off your full balance, you will need to budget for the higher interest cost.

You may be tempted to keep applying for new credit cards that offer similar balance transfer offers.

The problem with continuously applying for new balance transfer credit card Canada and closing the "old ones" is that it will hurt your credit score on your Equifax and TransUnion credit report, making it more difficult for you to be accepted for new cards in the future.

Applying for new credit cards all the time shows the creditors that you have an unstable credit history. Creditors like to see a person hold on to a credit card for years, use it regularly, and then make payments ontime and as agreed. If you do this over a period of many years, it shows that you're stable credit wise and you are a stable user of balance transfer credit card Canada.

If you keep applying for new credit cards every 6 months, you cannot show this type of credit stability, so your credit score will drop which will ultimately cause you to have higher interest rates, and not be accepted by future creditors.

Bad Credit

If you have bad credit and are applying for a new credit card, you may not be accepted when it comes time for the creditor to make a credit decision about you. If you're struggling with too much debt, your credit score may already be affected

A bad credit can affect an individual in different ways. It can give you a less chance from being granted to have conventional credit cards. In getting loan approvals, the company or bank will not allow you because you have a history of unsettled bills. It is a gradual process for a person to have a bad credit as it doesn’t happen immediately. Bad credits have made a lot of people experience financial problems especially that client has a larger amount of debt and is unable to pay. It also affects the credit history of the client which is the basis for a card company to approve your application. Moreover, credit history is the record of a card holder past borrowing and repaying. This also includes information about the late payments and bankruptcy you went through. That is the importance of knowing more about balance transfer credit card Canada.

Apply Today! Capital One - Low Rate Guaranteed Secured MasterCard®

References

WiseGeek - What is a Credit Card Balance Transfer?

FCAC - What is a Balance Transfer

FCAC - Getting the Most from Low Introductory Rates

External Links

MBNA Canada Credit Cards

Credit Card Processing

Canadian Credit Cards

BALANCE TRANSFER CREDIT CARDS CANADA

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best capital one credit cards canada
- Posted April 03, 2010 by Monty Loree

Best Capital One Credit Cards Canada

The best Capital One credit cards Canada are somewhat easy to determine, because there are 11 cards and all of them have different benefits for different individuals.

My Main categories are individuals with Good Credit, Bad Credit, Carry a Balance and Doesn't Carry a Balance. Another category is if you're a big spender or a little spender. If you spend more or less than $2500 per month on your credit card will determine if you're a big spender or little spender. I also consider if you're a convenience user, or a credit user.

Apply Today! Capital One - SmartLine™ Platinum MasterCard

Good Credit - Excellent Credit

Capital One has 7 "good credit" credit cards. These are broken down into seven different areas: Travel Rewards, cash back, other rewards, low interest and balance transfers. The best capital one credit cards Canada depends on your needs and your usage habits.

Carry a Balance - Need Lowest Interest Possible

If you carry a balance then you are what I call a credit user. You're using the credit card for the usage of the credit line available. You will want the lowest interest rates available. Capital One's best rates are for those who have good credit. There are two cards in this category:

Capital One - SmartLine™ Platinum MasterCard

This card is for individuals who have excellent credit history.

The interest rate on this card is 5.99% which is good if you want to save money on interest.. This card requires you to have an excellent credit rating.

Some of the other features are as follows:
• This card has no annual fee. If you do a cash advance you'll pay 19.8% interest, so it's not a good card for borrowing cash.
• You'll get 5.99% on purchases and balance transfers guaranteed for 3 years as long as you maintain your agreement status. After the three years the interest rate switches to a variable rate of Prime +3.75% on purchases and balance transfers.
• A nice feature for balance transfers is that you do not pay a fee when you do a balance transfer. That's a cost free service

Capital One - Gold MasterCard®; 11.99% Guaranteed for 3 Years (as long as you pay your bills on time)!

If your credit is good but not absolutely perfect, this is the best capital one credit cards Canada is for you. It has the same features as the Smartline™ but with just a little higher interest rate.

It's best to use this card until you make your credit rating excellent, and then you can switch over to the SmartLine™' Platinum Card.

Apply Today! Capital One - Aspire™ Gold MasterCard®

Doesn't Carry a Balance - Rewards Cards

If you're a convenience user, this means that you pay off your credit cards each month. If you're paying off your balance then you should be getting more value out of your credit card usage by collecting rewards points of your choice.

We break these categories out by if the individual spends alot each month using their cards, or a little. (Generally the marker is around $2500 per month.) If you spend less than $2500 then you would consider a different card than if you spend more than $2500 per month.

One of the reasons for this is the cards for higher spenders come with an annual fee. You have to factor in the cost of the annual fee

Spend More Than $2500 / Month - Rewards Cards

Our research indicates that if you spend more than $2500 per month or more using your card, then these best capital one credit cards Canada are the best for you. With that a monthly spend of $2500 or more, you'll be able to pay off your annual fee and collect more points than you would the other cards.

The goal here is to take advantage of Capital Ones card that offer more rewards cards points per dollar spent.

Capital One - Cash Back Plus Platinum MasterCard® The more you spend, the more you'll save.

The benefit with the Cash Back card is that you can redeem your points by getting a cheque or a statement credit after you have more than $15 collected in points.

The Cash Back Plus Platinum card lets you collect points as follows:
• For purchases up to $10,000 you get 1% cash back annually
• For purchases between $10,000.01 and $20,000 you'll collect 1.5% cash back annually
• For purchases over $20,000 you'll collect 2% cash back annually
• There is no ceiling limit on points earned
• You don't collect cash back points on balance transfers or cash advances.

This card is best for those who want a cash back reward and not a travel reward or other gifts rewards.

This card has an annual fee of $99 so it's recommended that you meet the minimum amount of spending (usually $2500 per month) to make up the cost of the annual fee with points collected.

The Cash Back Platinum Plus card has an interest rate of 19.8% so it's best that you pay off your balance every month and not pay interest on this card.

Capital One - Miles Plus Platinum MasterCard®

The benefit with the Miles Plus card is that you can collect more points that can be redeemed against travel purchases.

The Miles Plus Platinum MasterCard® collects points as follows:
• You collect 2 reward miles per $1 spent on purchases
• 25,000 bonus reward miles on your first purchase
• You don't collect rewards miles on balance transfers or cash advances.

The Miles Plus Platinum works different than other travel rewards cards. It's actually alot better. The amount of points you have collected to date are applied to travel purchases made.

Example #1: You have $1,000 worth of miles points collected. You then book a flight that comes to a total of $850 including taxes and airport fees. You can apply $850 of your points against the purchase price of the ticket, taxes and airport fees.

Example #2: You have $400 worth of miles points collected. You then book the same airline tickets for $850 including taxes and airport fees. You can apply the $400 worth of miles points collected against the $850 cost of the airline tickets.

This is best if you like to shop first and then book your own tickets and purchase them.

This is different from Air Miles or AeroPlan where you have to book through the Air Miles & AeroPlan agencies to get your tickets. Also... Air Miles and AeroPlan don't cover the cost of plane ticket taxes and airport fees. Capital One's Miles Platinum Plus cards do cover these costs.

Apply Today! Capital One - Aspire™ World MasterCard®

Spend Less Than $2500 / Month - Rewards Cards

Capital One - Cash Back Guaranteed MasterCard® for Gas & Groceries

I like this card for groceries purchases... People spend money for groceries each month, so why not collect cash back points each month.
This card is best for are diligent to pay off their monthly balances.

Here's what you get with this card:
• On gas purchases you receive 2% cash back
• On groceries purchases you receive 2% cash back
• On every other purchase you receive 1% cash back
NOTE: Annual Fee is normally $79. If you're accepted for a secured card it's $59

Example: You spend $1500 per month on gas and groceries. By using this card, you'll receive $30 per month cash back. That adds up to $260 per year which can actually pay some of your utilities costs.

Cash Back Platinum MasterCard® with No Hassle Rewards™

This card is best for individuals who spend money each month and just want a cash rebate, or cash back.

Here's what you get with this card:
• 0.5% cash back annually on total purchases up to $3,000
• 1% cash back annually on total purchases above $3,000
• There is No annual fee charged
• Redeem you cash by cheque or get a credit on your statement
• There are NO earning caps with this card

There is no annual fee with this card which means that all of your rebate rewards go back into your own pocket.

Capital One - Miles Platinum MasterCard® with No Hassle Rewards™

This card is best for people who like to travel but aren't big spenders each month.

Here's what you get with this card:
• You receive One reward mile for each dollar you spend
• You'll receive 25,000 bonus reward miles when you make your first purchase
• Your reward miles will never expire
• Flexibility. You can redeem your points for travel, cash, merchandise or gift cards.

Apply Today! Capital One - Gold MasterCard®; 11.9% Guaranteed for 3 Years (as long as you pay your bills on time)!

Bad Credit – Fair, No or Limited Credit and No Credit History

Credit cards that are presented here are those card holders who don’t have enough credit history as well as credit rating. Clients who are first time user of credit cards also would belong here. Credit cards offered in this portion are categorized into three. The categories go as follows: Secured credit cards, Carry a Balance and Don’t Carry a Balance. Check out each category and also each credit cards provide in order to know what is the best card that fits you.

Apply Today! Capital One - Guaranteed Secured MasterCard®

SECURED CREDIT CARDS – LOW INTEREST CARD

Clients do have past history with their past use of credit cards. Sometimes, these clients can’t avoid of having bad credit history which could affect also the credit rating. Some are don’t have any credit history yet as they are first timers in applying for the best Capital One Credit Cards Canada. These credit cards are the key in getting a good start of building an excellent credit history again. These cards also offer less interest which means less risk for the client to be troubled in paying their balances. Compared the card benefits and pick the card that gives you much advantage.

Capital One Low Rate Guaranteed Secured MasterCard®

Capital One offers this card to clients who don’t have any credit or limited credit history. This is a card that allows customers to start building their credit history. One of the perks of this card is that a guaranteed approval of having the card. Another is the low interest rate it offers as well as low annual fees.

This credit card comprises these following features:
• Any application of the card has a guaranteed approval.
• Master RoadAssist™, MasterCard Global Service™ and MasterCard PayPass™ are use in tap-and-go pay system that gives less hassle for the client in payment as the card don’t need to be swiped.
• Low Interest rate of 14.9% on purchases and balance transfer that does not bring trouble to client during payment of balances.
• The customer service is on standby 24/7 through phone or online.
• 0$ fraud liability for any unauthorized purchases.
• Give you the chance in building a credit history.

Apply Today! Capital One - Low Rate Guaranteed Secured MasterCard®

CARRY A BALANCE – WITH MAXIMUM BENEFITS

Credit user is entitled to carry a balance on their credit cards. The cards can be used to the extent of how much credit line is available for the card holder to spend. Low rate are available and is risk-free in getting into trouble of too much debt acquired. This card are for client who has bad or fair credit as well as new credit card holder who has none or limited credit. In addition, client who has bad credit history belongs in this category.

Capital One Guaranteed MasterCard®

This card allows the card users to experience all the benefits of having a credit card. Capital One gives the client the luxury to be able to rent a car, do shopping online or book hotel rooms. With this Capital One credit card in your hands, your credit history will not suffer but instead build up as long as you pay your bills on time. This card has a lot more to offer. Check it out below.

Other Capital One Guaranteed MasterCard benefits:
• Travel benefits offered: Master RoadAssistTM, MasterCard Global ServiceTM, MasterAssistTM Travel Assistance Service for client safety all the time.
• Travel accident insurance is also given aside from the safety assistance.
• MasterCard PayPass™ give convenience in paying bill for the card holder.
• best capital one credit cards Canada
• Tap-to-Go system when using the card to have less hassle from card swiping.
• 27/7 standby customer service to phone or online.
• $0 fraud liability for unauthorized card use.
• The Guaranteed MasterCard® additionally protects you with purchase assurance and extended warranty for the time the client is still rebuilding the credit history.

Apply Today! Capital One Guaranteed MasterCard®

DON’T CARRY A BALANCE – REWARDS CARD

Card holders under this category are considered convenience users as they used the card credit and pay them off each month when their billing statement is received. They spend less but get as many rewards points. The acquired points can then be redeeming with rewards. In addition, cash backs are given in certain percentage of the purchases made.

Capital One Cash Back Guaranteed MasterCard® for Gas & Groceries

For client who is seeking for a rewards card and at the same time building an excellent credit history, Capital One Cash Back Guaranteed MasterCard is the right credit card for you. This card would let you gain points to redeem specific equivalent rewards. It also provides cash back on the total purchases made using the card. Receiving cash back don’t have any limit as long as the account exists.

More credit cards benefits listed below:
• 2% cash back on gas payment are returned to the client and also with the groceries purchases.
• Additional 1% cash back on all other purchase with the card.
• $0 fraud liability on unauthorized use of the credit card.
• Client can reach the 24/7 customer service through phone or online.
• In redeeming rewards customer is given an option to choose if the cash back will be via statement or cheque.
• Annual fees are reasonably fair as the company allows additional authorized user to every account.

Apply Today! Low Rate Guaranteed MasterCard®

REFERENCES

What is an Annual Fee?

FCAC - Best Credit Cards in Canada

Your First Credit Card - Ontario Gov't

EXTERNAL LINKS

Capital One Card Website

Canadian Credit Cards - Gas Cards

Canadian Credit Cards

BEST CAPITAL ONE CREDIT CARDS CANADA

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best mbna credit cards canada
- Posted April 03, 2010 by Monty Loree

Best MBNA Credit Cards Canada

MBNA Corporation is the parent company of MBNA America Bank, N.A., which is the United States division of MBNA Corporation, where initially, MBNA means Maryland Bank, N.A.

Apply Today! Gold MasterCard® credit card - Fixed 9.99% AIR

MBNA offers a variety of credit card that comprises business cards, reward credit cards and cards that allows you to transfer existing balances. Each of these cards is in link with an online account access which is protected by the customer’s security login. MBNA have created programs that would allow their customers to redeem rewards as their card holders use their cards. Rewards come in different offers such as flight tickets, hotel reservations, merchandise shopping and gift certificates. Another interesting offer that MBNA have made is giving 0% interest on balance transfers for a certain period of time and also 0% interest on your daily purchases. However, this 0% interest offer does not apply to all MNBA credit cards.

Now, let’s take a look to the credit cards that MBNA Canada offers.

Good Credit – Excellent Credit

MBNA credit cards are categorized into different areas depending on the credit card applicant’s choice and need. It also depends on the way the customer is going to use your credit card. The areas that are offered by the company are the following: Travel rewards, Automotive rewards, Specialty rewards and MBNA rewards.

CARRY A BALANCE - LOW INTEREST RATES

We might have to use our credit card in all our transactions, right? May it be expenses in our groceries, gas, healthcare and all of those we have to spend on, some of us use our credit cards in those dealings. For the person who is a big spender and spends a lot, then the GOLD MBNA Credit Card is perfect for you. Credit card issuers show the gold credit card as one of the best mbna credit cards canada that a client can have. It creates a status symbol that tells something about you, who in reality says that, what you are earning either on your job, your business or the endeavor you are in makes you earn more than the national average wage. Issuers consider you as better compared to the average credit risk.

A gold credit card have great features compared to those ordinary one since it has a higher credit limit and allows you to draw more cash out on a daily basis. With your gold credit card, rewards are easier to redeem since point you accumulate usually doubles depending of the policy of the reward programs. But definitely, you have the edge compared to those ordinary cards especially with the promos where insurances are given free but requires you to pay annual fee.

The MBNA Gold Credit Card

This best mbna credit cards canada has a credit line of up to $50,000 with supreme 24/7 customer service that allow you to ask, inquire or just simply needing a help with the company. Annual fee are waived for this type of card compared to those ordinary credit cards. In time of cash access is utilized, you can avail it at 430,000 ABMs worldwide which means it’s very convenient for the user. Regarding with purchase assurance and other valuable, there is no risk and difficulty as it offers almost everything.

What comprises this credit card:
• Annual interest rates:
o Purchases: 9.99%.
Balance transfers (including cheque cash advances): 9.99%.
Cash advances (including cash equivalents): 9.99%.
• Interest-free grace period: 21 days.
• Account fees:
o Over the credit limit: $35.00 per billing cycle
o Returned payment: $20.00 per occurrence
o Returned cheque cash advance: $20.00 per occurrence
o Extra copy of monthly statement or sales draft: $2.50
o Inactive credit balance: If your account is inactive and has a credit balance, we will charge you annually the lesser of: (1) the credit balance; or (2) $25
• Transaction fees:
o Cash advance (including automated teller machine and over the counter advances): 1% of amount advanced (minimum fee of $7.50)
o Balance transfer (including cheque cash advances): 1% of amount transferred or advanced (minimum fee of $7.50)
o Cash equivalents: 1% of amount purchased (minimum fee of $7.50)
o Wire transfer: 1% of wire purchase amount (minimum fee of $7.50)

The MBNA Platinum Plus credit card

This credit card has a generous amount of credit limit reaching $100,000. It comes along with a no annual fee charge and has a round-the-clock customer service access. Concerning with security, the card has a fraud protection that is online 24/7 which mean you wealth is very much secure. An online access of your account is available where you can see how you have used your card and what purchases or transactions you have deal with. 1.99% introductory annual interest rate on Cheque Cash Advances and Balance Transfers for 10 months is charged by the company. What is more amazing with this best mbna credit cards canada is that it is internationally accepted to millions of location around the world which mean less hassle but great value.

What comprises this credit card:
• Annual interest rates:
o Purchases: 17.99%.
Balance transfers (including cheque cash advances): 19.99%.
Cash advances (including cash equivalents): 19.99%.
• Interest-free grace period: 21 days.
• Account fees:
o Over the credit limit: $35.00 per billing cycle
o Returned payment: $20.00 per occurrence
o Returned cheque cash advance: $20.00 per occurrence
o Extra copy of monthly statement or sales draft: $2.50
o Inactive credit balance: If your account is inactive and has a credit balance, we will charge you annually the lesser of: (1) the credit balance; or (2) $25
• Transaction fees:
o Cash advance (including automated teller machine and over the counter advances): 1% of amount advanced (minimum fee of $7.50)
o Balance transfer (including cheque cash advances): 1% of amount transferred or advanced (minimum fee of $7.50)
o Cash equivalents: 1% of amount purchased (minimum fee of $7.50)
o Wire transfer: 1% of wire purchase amount (minimum fee of $7.50)

DOESN'T CARRY A BALANCE - REWARDS CARDS

Card users that use their credit cards for convenience usually settle the payment of their cards every end of a month. Once they have paid their credit balance, they are able to receive a lot of rewards compared on the amount of usage they have made with their cards. They are keeping on collecting points and redeem rewards as much as they want. But this usually depends on the amount of accumulated points the card users have gained and collected.

When spending much with you rewards card, it then comes with an annual fee depending on the company. Sometimes companies waived these annual fees but this is done when the card holder pays off the balance regularly every end of the month or when you are able to reach your credit limit with you purchases. You must be aware of the cards that offer less annual fees or no annual fees at all.

We break these categories out by if the individual spends a lot each month using their cards, or a little. (Generally the marker is around $2500 per month.) If you spend less than $2500 then you would consider a different card than if you spend more than $2500 per month.

Spend More Than $2500 / Month - Rewards Cards

MBNA PremierRewards® Platinum Plus® MasterCard®

A rewards credit card that pays you back with what you have spent for. It allows its customer to make their dollar spent to go as far as possible. This means that this company allows their card holders to enjoy the rewards they have prepared especially to those clients who spent much using their card and accumulate numerous points. It could be then exchange with surprisingly great items or merchandise. It can even become certificate for groceries, gas or for shopping.Check on the features of this rewards credit card and compare to which features and offers you are fascinated on.

Here are its features:
• As commonly offered by rewards credit card. This card has No Annual Fee as well.
• 1% back on all net retail purchases when buying merchandise or any transactions that you have used your rewards card.
• There is a yearly automatic rewards crediting in your account once you have availed with their promos especially those that are offered in the company’s website.
• Regarding with points, there is an enticing policy of No spending limits or earning limits. Customers can earn points as much as they can and redeem rewards equivalent to their accumulated points.
• There is Exclusive platinum benefits and peace of mind for the card holder that provides less risks and hassle.
• Booming credit limit of up to 100,000 is offered by the card issuer giving the customer a wider range to spend on their credits.
• Customer service is always present 24/7 for any inquiries or problems that these card holders may encounter when using their credit cards.

MBNA TravelRewards Platinum MasterCard

With MBNA TravelRewards credit card, everything you want and nothing you don’t. This is how this card works. It allows its client to enjoy everything they offer. In their rewards program, points are earned in every dollar spent in net retail prices. This is just one of the features of MBNA TravelRewards Platinum MasterCard.

Try to check and evaluate the number of feature the card consist of:
• When purchasing, the amount of dollar you spent will also be the number of point you get. In other words, $1 is equals to I TravelRewards point.
• When having your first qualifying transaction, 5,000 TravelRewards point will be instantly given on your account.
• Anniversary date is always celebrated yearly and its client gets to enjoy a gift of 2,500 bonus points.
• Choose from the 75 airlines to which you prefer to use your travel rewards as exchange of your TravelRewards points. No blackouts.
• Enchant yourself with the Platinum card benefits that the company offers.
• Competitive annual fee of $89 charged but could be waived for being a good credit payer on your balances.
• Credit limit reaches up to $100,000 as an allowable credit to be spent and used by the card users.
• Fraud protection is present at all times making less hassles and burden on the customers.
• 24/7 customer service offered through online by logging in to your secure account.
• Stolen, lost or damage cards are quickly replaced in just a 48 hour waiting period. Additional cards are allowed and offered by the company for the convenience of the clients.
• Immediate cash access of $430,000 ABMs worldwide for this card and is widely recognized and accepted on more than millions of location around the globe.

Spend Less Than $2500 / Month - Rewards Cards

MBNA WorldPoints Rewards MasterCard

This best mbna credit cards canada has been the most rewarding MasterCard as it gives you instant 1.000 world points as an introductory reward. With that, you can avail right away of its offered rewards even without using or earning points yet with your card. You have just simply got a card and receive a reward in return.This rewards credit card has a lot of features to get to know too.

Here is the list of its card features:
• You easily Earn 1 world point for every dollar you have spent.
• With your first qualifying transaction, you can instantly earn 1,000 bonus WorldPoints.
• Once you reach a certain number of point, you can redeem WorldPoints rewards either of your choice whether spend it for travel or for merchandise or both at the same time.
• Redemption level is at 1,000 WorldPoints which mean that the moment you got the card with the instant 1,000 WorldPoints, you can avail a certain reward equivalent of the points you have
• Annual fee is cheap compared to other rewards cards which are only at $29.

Bad Credit – Other Banks Credit Card

SECURED CREDIT CARDS – LOW INTEREST CARDS

Clients do have past history with their past use of credit cards. Sometimes, these clients can’t avoid of having bad credit history which could affect also the credit rating. Some are don’t have any credit history yet as they are first timers in applying a credit card. These credit cards are the key in getting a good start of building an excellent credit history again. These cards also offer less interest which means less risk for the client to be troubled in paying their balances. Compared the card benefits and pick the card that gives you much advantage.

Capital One Low Rate Guaranteed Secured MasterCard®

Apply Today! Capital One - Low Rate Guaranteed Secured MasterCard®

Capital One offers this card to clients who don’t have any credit or limited credit history. This is a card that allows customers to start building their credit history. One of the perks of this card is that a guaranteed approval of having the card. Another is the low interest rate it offers as well as low annual fees.

This credit card comprises these following features:
• Any application of the card has a guaranteed approval.
• Master RoadAssist™, MasterCard Global Service™ and MasterCard PayPass™ are use in tap-and-go pay system that gives less hassle for the client in payment as the card don’t need to be swiped.
• Low Interest rate of 14.9% on purchases and balance transfer that does not bring trouble to client during payment of balances.
• The customer service is on standby 24/7 through phone or online.
• 0$ fraud liability for any unauthorized purchases.
• Give you the chance in building a credit history.

Citi® Secured MasterCard®

This credit card helps client rebuild their credit history to be able to apply soon to conventional credit cards. The bank would require depositing an amount that would range from $200 to $5, 000 into a certificate of deposit. This would then become the credit limit of the credit card.

Here are the features of the credit card:
• Having the card you may become eligible for an unsecured card after 18 months of card usage.
• $0 liability on unauthorized charges made into the client account.
• Citi® Identity Theft Solutions protects the account and personal information of the card holder.
• No required income or co-signer to start building a record of account performance.
• With retail purchase protection, the items purchased with your card are safe against accidental damage or theft for up to 90 days from the day the product is bought.
• Tap-and-go system of Citi MasterCard® Payment Tag with PayPassTM is a new innovation where you just tap your card rather than the old system of swiping it.
• Citi® Credit Card Benefits & Services offers cash or rewards such as American Airlines® awards and travel benefits to cash back and college saving.

Orchard Bank Secured MasterCard®

Client who undergoes bankruptcy would have a hard time qualifying for a conventional credit card because of its qualification like having a good credit history. This card offers best value for customers who need to restore their credit history after undergoing serious credit setback. The company gives much benefit to their card holders. Check the list of feature and benefits the card offers.

List of Orchard Bank Secured MasterCard benefits:
• No annual fee charges on the 1st year of card usage. Succeeding years would have fees but can be waived based on credit performance.
• No account processing fee for any transactions made.
• Low interest rate for the client enjoyment of card usage.
• A credit report is transmitted to 3 major credit bureaus that evaluate and updates the client’s credit history.
• Credit limit is based on the account deposit funds. It start at $200 account balance.

CARRY A BALANCE – WITH MAXIMUM BENEFITS

Capital One Guaranteed MasterCard®

Apply Today! Low Rate Guaranteed MasterCard®

This card allows the card users to experience all the benefits of having a credit card. Capital One gives the client the luxury to be able to rent a car, do shopping online or book hotel rooms. With this Capital One credit card in your hands, your credit history will not suffer but instead build up as long as you pay your bills on time. This card has a lot more to offer. Check it out below.

Other Capital One Guaranteed MasterCard benefits:
• Travel benefits offered: Master RoadAssistTM, MasterCard Global ServiceTM, MasterAssistTM Travel Assistance Service for client safety all the time.
• Travel accident insurance is also given aside from the safety assistance.
• MasterCard PayPass™ give convenience in paying bill for the card holder.
• Tap-to-Go system when using the card to have less hassle from card swiping.
• 27/7 standby customer service to phone or online.
• $0 fraud liability for unauthorized card use.
• The Guaranteed MasterCard® additionally protects you with purchase assurance and extended warranty for the time the client is still rebuilding the credit history.

DON’T CARRY A BALANCE – REWARDS CARD

Capital One Cash Back Guaranteed MasterCard® for Gas Groceries

References

What is an Annual Percentage Rate

Annual Percentage Rate

Travel Insurance Policies

External Links

HomeTrust - Secured Visa

Get A Good Credit

Get an Excellent Credit Score

MBNA Credit Cards

Credit Card Reviews

BEST MBNA CREDIT CARDS CANADA

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best mastercard credit card canada
- Posted April 03, 2010 by Monty Loree

Best Mastercard Credit Cards Canada

MasterCard credit cards are considered one of the most accepted and most reliable sources of credits that a card can have. These cards are issued by banks and other financial institutions or through different stores, shops and a variety of retail outlets. Before getting a credit card, you must first know how the card works and what features do the banks or companies offer. Furthermore, learn and remember the fees it requires for a card holder to settle for availing the service they have provided.

Prior in signing up to get a credit card and start on using it, you must be knowledgeable of the difference between a credit card and a charge card. Here are two pointers to ponder on before deciding what card you’re going to get.

•Charge Cards are usually used for gas, groceries and shopping. In addition, these cards are offered by only a few companies compared to the other types of cards. Having this type of card would expect for a strict responsibility which means that you must settle all your balances every end of a month. Each time a billing is due for payment, you should pay for it or else, multiple penalties will be charged to your account. This would then cause a high balance that the card holder will go into with the trouble paying for it.

•Credit cards are more lenient to their clients. They tolerate a card holder to carry a balance in their card in a monthly basis. But still, the company would go for on time payments of the full balance every time you get a billing statement. Penalties are not strictly charged as the bank or financial institution would give leeway time for the customer to settle their accounts.

Credit cards come in a various categories. Best Mastercard Credit Cards Canada. These are the categories involved: Good or Excellent Credit, Carry a Balance, Doesn’t Carry a Balance and Bad Credit. In addition, two sub categories are provided under the Doesn’t Carry a Balance which are Spending more or less than $2500 monthly.

Good Credit-Excellent Credit

MasterCards are in numerous numbers as different companies offer these credit cards. They come from banks and financial institutions all over the world. The variation of these credit cards is on the benefits that the card holder will have as well as the feature and promos that these cards can avail. These cards also differ in the Annual and Interest fees that are being charged by the card issuer. Moreover, they also have dissimilar penalty charges to clients who are not settling their accounts on time.

CARRY A BALANCE-LOWEST INTEREST CHARGES POSSIBLE

When credit cards do have a balance then you are having the credit cards that carry a balance. Card holders are entitled of a credit that is usable in purchasing or to be used in any other transactions. It comes with a certain credit limit depending on the ability of the card holder to pay. Usually, customers who are good payers are given high credit limits compared to those risky clients that doesn’t settle accounts for consecutive months and goes beyond the limit most of the time. But what is critical for having these cards are the interest rates it comprises. It is best to get cards that have the low interest rates possible. Check out these following cards:

Capital One SmartLine™ Platinum MasterCard

Apply Today! Capital One - SmartLine™ Platinum MasterCard

This is one of the best credit cards that Capital One offers. But this credit card requires an excellent credit history. This means that with your past credit card usage, you must not have any single penalties acquired and your credit rating must be high. The interest that comprises this card is at 5.99% which is best for individuals that save money on interest. This card is composed of great benefits that would give the card holder maximum convenience it can offer.

More features of the card are listed below:
• No Annual Fee which means less responsibility on payments.
• 19.8% interest on Cash Advances is not good rate for this kind of card service.
• Best Mastercard Credit Cards Canada
• 5.99% on Purchases and Balance transfers guaranteed for 3 years. This must require the card holder to sustain agreement status. The interest rate switches to a variable rate of Prime +3.75% on purchases and balance transfers after 3 years of being a card user for the company.
• Balance transfers don’t entail any fee or charges.

MBNA Platinum Plus® MasterCard® Credit Card – 1.99% for 10 months

Having a good credit brings immense benefits. In addition to a low initial Annual Interest Rate on balance transfer and doesn’t charge any annual fee, this MasterCard offers a high credit line to clients qualifying for this card. But this would be available for those card applicants who have good credit history as well as with its credit rating with their other credit cards. This Platinum Plus® MasterCard® credit card has a low 1.99% introductory interest rate for 10 months on Balance Transfers and Cheque Cash Advances.

Other features of the card are listed below:
• No Annual Fee that gives less burden on payment obligations.
• Credit limit up to $100,000 and could be stretched further if you are a good creditor.
• Emergency replacement within 48 hours for lost and stolen cards are free of charge.
• Online access to your credit card account is available by just login in the internet with secured login password.
• International acceptance at millions of locations around the world even in diverse areas
• Around-the-clock fraud protection that gives assurance of safety and risk-free for the clients.
• Immediate cash access at 430,000 ABMs internationally
• 24-hour customer service team that is always ready to help.
• Emergency services like lost document and ticket replacement, lost luggage assistance, travel accident insurance, auto rental insurance are also catered on the services of the company.

MBNA Gold MasterCard® Credit Card – Fixed 9.99% AIR

Clients who are not eligible to have the Platinum Plus® MasterCard® credit card could avail for this good credit card. This has a common feature with the Platinum Plus® card but a difference in their interest rate exists. This card has a fixed 9.99% annual interest rate. This card is still considered as a good and preferable card for clients. Using this card for a certain period of time until making an excellent credit history won’t get you into trouble in paying your balances along with the interests but instead, it makes you a candidate to apply for the best MasterCard credit card that is available.

Here are some features of the credit card:
• No Annual Fee for the card holder.
• 9.99% Annual Interest Rate on Purchases and Cash Advances are offered and is considered a fair rate for the client.
• Around-the-clock fraud protection that gives assurance of safety and risk-free for the clients.
• Online access to your credit card account is available by just login in the internet with secured login password.
• 24-hour Customer service that is always ready to help.
• Immediate cash access at 430,000 ATMs internationally
• Emergency services like lost document and ticket replacement, lost luggage assistance, travel accident insurance, auto rental insurance are also catered on the services of the company.

DOESN'T CARRY A BALANCE - REWARDS CARDS

Credit cards under this category are usually applied by clients who use their credit cards for convenience. They just pay off their due statements every month depending on how much credits they have used. The advantage of these credit cards is that when you are paying your balance regularly each month, you are receiving more value out of the card usage. In this way, you are collecting as much rewards points. These reward points could then have an equivalent reward depending on the amount of points you have accumulated. For example, when you already have $500 WorldPoints after using the MBNA WorldPoints® credit card, you are then entitled to exchange it with a gift certificate that is worth the amount of points you traded it with. You can then use the gift certificate to get merchandises that WorldPoints offers. Card holders can choose what rewards points they are going to collect.

We break these categories out by if the individual spends a lot each month using their cards, or a little. (Generally the marker is around $2500 per month.) If you spend less than $2500 then you would consider a different card than if you spend more than $2500 per month.

The cards in this category have annual fees. You should take note of the different annual fee charges for each specific card whether it would be fair on your part or too expensive for you to handle which maybe would get you to problems in settling your balances.

Spend More Than $2500 / Month - Rewards Cards

In this category, card users are those who spend more than $2500 per month or more than in using their credit card. This means that when you receive your billing statement, they have reached more than $2500 with your balance. This credit card then fits these types of clients. Clients would surely settle their annual fees to prevent penalties but as well gain rewards points from using the card in their transactions.

The target for these kinds of credit cards is to take advantage of the rewards they offer. With every dollar spent, it is equivalent to specific rewards points. In this case, you have a win-win situation because even you have spent a cost, you will receive a point which in turn would entitle you to avail great merchandise, ticket bookings, hotel reservations, gift certificates and many more.

MBNA PremiereRewards®

This credit card allows you to receive a generous Cash Back percentage for the retail purchases you have made with the card. If you are a big spender then it won’t be a problem because there is no certain limit in the amount of point you can accumulate or collect from all the card transactions made. With your reward points, you can reap rewards after spending much with the MBNA PremierRewards® card. No worries about the hassle of getting your earnings because the money you have earned would be lost for not claiming it but instead it will be instantly credited to your personal account every January. So, this card is really ideal to apply for.

This credit card comprises these following features:
• 1% back on all net retail purchases using the credit card.
• No Annual Fee for the card holder.
• 19.99% Annual Interest Rate on Purchases and 19.99% Annual Interest Rate on Cash Advances is offered and is considered a fair rate for the client.
• Around-the-clock fraud protection that give assurance of safety and risk-free for the clients.
• Online access to your credit card account is available by just login in the internet with secured login password.
• 24-hour Customer service that is always ready to help.
• Immediate cash access at 430,000 ATMs internationally
• Credit line of up to $100,000 and could be stretch further if you are a good creditor.

Capital One Miles Platinum Plus MasterCard™

This credit card is unique in the sense that this allows you to collect many points. These Miles Points would then be redeemed with travel purchases which can be flight tickets. Best Mastercard Credit Cards Canada. This will give the client less expenses as they don’t need to spend cash but instead utilize the ticket they got from the rewards that the Miles Platinum Plus MasterCard offers. In addition, the rewards also would cater the taxes and airport fee charges.

Earning points with Miles Platinum Plus MasterCard by:
• Every dollar spent during purchases with the card is equivalent to 2 reward miles points.
• When receiving the card, the first time you use the card would instantly entitle you 25, 000 bonus reward miles point that can redeem rewards.
• Doing balance transfers and cash advance doesn’t have an equivalent reward point.

Furthermore, the Miles Platinum Plus MasterCard is completely different from other reward credit cards like Aeroplan or Airmiles because these companies don’t cover the air fare taxes as well as the terminal fees. Miles Platinum Plus MasterCard covers everything which means that it lessens the burden and expense of the card holders. Hence, it provides comfort and a hassle-free travel.

MBNA WorldPoints®

The MBNA WorldPoints rewards credit card is the choice for client who wants rewards after spending credits with their cards. Furthermore, the client won’t experience any hassle of the annual fee charges as this card doesn’t have one. Everything offered for this card is to the advantage of the user. Points are easily earned in two ways: first, when purchasing using your MasterCard, you instantly get a bonus point and continue to earn for every dollar spent which is 1 WorldPoints. Second is during anniversaries where they give instant bonus points yearly. You redeem your points and earn by exchanging it with either of the rewards: travel, gift certificates, and merchandise. When it comes to transferring a balance from one credit card to another, low fees are charged.

This credit card comprises these following features:
• 1,000 Bonus WorldPoints after your first purchase is given instantly the card user.
• No Annual Fee for the card holder.
• 19.99% Annual Interest Rate on Purchases and 19.99% Annual Interest Rate on Cash Advances is offered and is considered a fair rate for the client.
• Earn 1 WorldPoint for every $1 in net retail purchases which you can collect and redeem rewards.
• Around-the-clock fraud protection that give assurance of safety and risk-free for the clients.
• Online access to your credit card account is available by just login in the internet with secured login password.
• 24-hour Customer service that is always ready to help.
• Immediate cash access at 430,000 ATMs internationally

Best Western MasterCard®

Best Western is one of the premiere hotels that provide excellent hotel services. It is offering its own rewards credit card for customers who usually stay at their place and for those people who keeps on travelling and don’t have a place to reside. Using this card allows you to gain Gold Crown Club points which could then be used to get a free hotel booking or other rewards they offer. With other credit cards offering no annual fee, this card also doesn’t have an annual fee which provides less hassle on the part of the clients. Balance transfers are charged with very low fees which would not be considered as a risk.

This credit card comprises these following features:
• Earn 1.5 Best Western Rewards points for every $1 in net retail purchases using the credit card.
• Receive 5,000 Best Western Rewards points after your first qualifying purchase is given instantly the card user.
• No Annual Fee for the card holder.
• 19.99% Annual Interest Rate on Purchases and 19.99% Annual Interest Rate on Cash Advances is offered and is considered a fair rate for the client.
• Around-the-clock fraud protection that give assurance of safety and risk-free for the clients.
• Online access to your credit card account is available by just login in the internet with secured login password.
• 24-hour Customer service that is always ready to help.
• Immediate cash access at 430,000 ATMs internationally

Spend Less Than $2500 / Month - Rewards Cards

Card holders that belong to this category are those clients that spend less than $2500 per month in using their credit cards. This card holder keeps a good budget with their finances as they would go for the things that are necessary for them. Best Mastercard Credit Cards Canada. They would not just spend any amount in using their credit cards but they are particular of the cash back or rewards they will receive. They are taking advantage of the feature promos that each specific cards can offer them. The more benefits that they will get, the higher the chances that they would apply for that credit card.

Capital One Cash Back Platinum MasterCard® with No Hassle Rewards™

This type of card are for those clients who are not spending much but wants to receive cash backs or rebates. They don’t want to spend a certain amount for a merchandise but instead use the cash back they receive to have larger savings. Features of this card are different from other cards. One of which is that this card has no annual fee that gives an additional savings for the client. Know the other benefits of this card.

The following are the Cash Back Platinum MasterCard® with No Hassle Rewards™ benefits that a card holder is entitled of:
• 0.5% cash back annually is given to the card holders account on total purchases up to $3,000 while 1% cash back annually is also returned when the total purchases reaches above $3,000
• There is no annual fee charged by the company.
• For the convenience of the customer, redeem your cash by cheque or get a credit on your statement given by the company or through the company’s website.
• Best Mastercard Credit Cards Canada
• There are no earning capacities with this card which mean client continuously earn cash back and rebates as long as they are continuously using their cards on purchase.

BMO CashBack MasterCard®

BMO CashBack MasterCard offers their client cashbacks when spending at different Shell location in Canada. Cashbacks are also awarded when you get a car rental at National Car Rental or Alamo Rent a Car where their branches are located worldwide. This two rent a car companies also give big discounts once you get to have their services.

BMO CashBack MasterCard card details are listed below.
• The card doesn’t have any annual fee charged by the company.
• For every card purchase made there is 0.5% cashback given to the client.
• When spending and enjoying the Shell station services, 1.5% cashback is returned to the customer.
• National Car Rental & Alamo Rent A Car would also give 1.5% cashback when you rent a car at their shops which are located worldwide.
• Huge discount of up to 25% on rentals done at National Car Rental & Alamo Rent A Car.
• Interest rate is at 19.5% which is fair enough for the card holder to handle during billing payments.

Capital One Miles Platinum MasterCard® with No Hassle Rewards™

Clients who are frequently flying to do business or go for vacation trips belong to this type of card. This card gives great rewards to its card holders without spending too much money. They would get more rewards than spending. Rewards that are offered by the company include travel bonuses in which the client can redeem flight tickets as exchange of the points collected.

Here's what you get with this card:
• You receive one reward mile for each dollar you spend using the Miles Platinum MasterCard® with No Hassle Rewards™ in purchases.
• You'll receive 25,000 bonus reward miles when you make your first purchase of the card and it will be awarded instantly.
• Your reward miles will never expire as long as your account exists. This would also mean that there is no limit in earning points to redeem rewards.
• Flexibility. You can redeem your points for travel, cash, and merchandise or gift cards.

Bad Credit – Fair, No or Limited Credit and No Credit History

SECURED CREDIT CARDS – LOW INTEREST CARDS

Clients do have past history with their past use of credit cards. Sometimes, these clients can’t avoid of having bad credit history which could affect also the credit rating. Some are don’t have any credit history yet as they are first timers in applying a credit card. These credit cards are the key in getting a good start of building an excellent credit history again. These cards also offer less interest which means less risk for the client to be troubled in paying their balances. Compared the card benefits and pick the card that gives you much advantage.

Capital One Low Rate Guaranteed Secured MasterCard®

Citi® Secured MasterCard®

Orchard Bank Secured MasterCard®

Best Mastercard Credit Cards Canada. Client who undergoes bankruptcy would have a hard time qualifying for a conventional credit card because of its qualification like having a good credit history. This card offers best value for customers who need to restore their credit history after undergoing serious credit setback. The company gives much benefit to their card holders. Check the list of feature and benefits the card offers.

List of Orchard Bank Secured MasterCard benefits:
• No annual fee charges on the 1st year of card usage. Succeeding years would have fees but can be waived based on credit performance.
• No account processing fee for any transactions made.
• Low interest rate for the client enjoyment of card usage.
• A credit report is transmitted to 3 major credit bureaus that evaluate and updates the client’s credit history.
• Credit limit is based on the account deposit funds. It start at $200 account balance.

CARRY A BALANCE – WITH MAXIMUM BENEFITS

Capital One Guaranteed MasterCard®

DON’T CARRY A BALANCE – REWARDS CARD

Capital One Cash Back Guaranteed MasterCard® for Gas & Groceries

References

What is an Annual Percentage Rate?

Annual Percentage Rates

Credit Card Travel Insurance Policies

External Links

HomeTrust - Secured Visa

Carry A Balance To Get Good Credit

Get A Credit Score

MBNA Credit Cards

ReviewCentre - Credit Cards Reviews

BEST MASTERCARD CREDIT CARDS CANADA

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- Posted April 03, 2010 by Monty Loree

Visa Rewards Credit Cards Canada

Are you interested in Visa Rewards Credit cards in Canada? This article has alot of good and specific information on this topic.. Have more questions? Please join in the conversation on the blog comment section below.... CCHelper can help answer your questions.

Specific Rewards Program in Canada

AeroPlan Rewards

An Aeroplan reward is the most famous reward program in Canada. It is a Canadian-based frequent flyer marketing program where points are being given and can be accumulated to reach a certain reward that the features and promos offer. A lot of rewards can be redeemed via the Aeroplan web site in which rewards are lined up with all the affiliated companies of Aeroplan. With your points gathered, rewards come in different choices depending on your desire. It can be an airline ticket, hotel reservations, vacation packages, car rentals or merchandise.

TD Visa Travel Rewards

The TD Visa Travel Rewards program is offered by TD Canada Trust. In earning TD points, you can gain 2 to 3 TD points for every dollar you spend using the TD Travel Visa card. Accumulated points starting at 10,000 with no blackouts or restrictions allow you to redeem travel rewards. Earning bonus rewards on top of what the company has entitled the customer is possible when you purchase travels through the TD Travel Rewards Center

RBC Rewards

RBC Rewards is a banking company that allows their customers to earn points that can be converted to amazing rewards. Points saved can redeem for your travel, merchandise, registered investments and gift certificates as what the company entails their card users. RBC rewards have several partners which give additional rewards on top of those already provided with the card. Points can be redeemed via their online web site or by phone, fax or mail depending on what is convenient on you.

Adventura Rewards

CIBC through their Adventura Rewards is offering their clients’ lifestyle rewards program where points are accumulated and can be redeemed for flights, hotels, rental cards, vacation packages, gift cards and lifestyle rewards. Earning 1000 Adventura point bonus is given as additional credits with what you regularly earn when you register at their web site to use your Adventura points to redeem what is served on their list of promos. Visa Rewards {{{credit card}}} Canada

BA Miles Rewards

BA Miles allows only the members of the British Airways' Executive Club to avail in their reward program. Only a single card is designed and offered by BA Miles, the British Airways Platinum Visa credit card which is responsible for earning points for every credit transactions. You can earn 1 BA Mile for every dollar spent with card. Special package offers are made for every time a card holder purchases a qualifying round-trip with non-restricted full fare ticket from Canada to anywhere British Airways flies entitles the holder to get a companion trip for free. When you become part of the BA reward program, instantly you will earn 10,000 bonus BA miles and additional 2,500 BA miles every company anniversary. Doubling your BA miles is easy earned with every dollar spent on British Airways.

Scotia Rewards

The site of Scotia Rewards VISA, a credit card that offers you points with each purchase to exchange for benefits. Using Scotia Rewards allows you to choose what travel booking you want, either on air by grabbing a flight or by a train ride. Other rewards offered are hotel reservations, holiday packages and cruises. Visa Rewards Credit Cards Canada. Getting travel tickets can be done any time with special remarks of no restrictions, limited seating, blackout periods, or Saturday stay requirements. Point may also be redeemed with merchandises or other rewards available on their featured and promo options. In addition, Scotia Rewards uniquely gives you a chance to exchange your points with gold bars as well as other precious metals the company is offering.

AAdvantage Rewards

AAdvantage is a frequent flyer rewards program offered by American Airlines. Aadvantage awards can be redeemed for flights on American Airlines or partner airlines. Aadvantage credit cards earn 1 AAdvantage mile for every dollar spent and earn double rewards when purchasing flights on American Airlines.

Esso Extra Rewards

Esso Extra point can be earned through purchasing their services. Point can then be redeemed through their stations where they offer car washes, car supplies and free gas through their participating outlets. Spending a dollar at Esso Extra stations would guarantee you a point. You can avail their promo of doubling your points when buying merchandise at Esso stations.

Scene Rewards

In cooperation with Cineplex and Scotiabank, a movie rewards program is made called Scene. With your Scene credit card, you can earn 5 times the point when buying products. Earn 1 point for every purchase for non cardholder at Cineplex Entertainment. Movie passes and music downloads can be redeemed as rewards using Scene points. Visa Rewards Credit Cards Canada

Cathay Pacific Airways Rewards

Cathay Pacific Airways along with some other participating Airlines give their customer rewards for having them the airline of choice. They offer client to travel to over 900 destinations worldwide as a reward program. In addition, hotel bookings, gift cards and merchandise are also offered through their website.

Save-On-More Rewards

Save-On-More rewards program let its customers earn 3 point for every dollar spent using Save-On-More Visa card on the following participating Food shops/stores: Save-On-Foods, Overwaitea Foods, Cooper’s Foods, PriceSmart Foods and Urban Fare stores. Visa Rewards Credit Cards Canada. With your Visa, earn 2 point per dollar spent on merchandise. A lot of rewards with equivalent amount of point await its customers like gift cards, travel, electronics and more.

Duetto Dollars Rewards

Duetto Dollars by Starbucks created a rewards program which gives their coffee-lover customers a chance to gain 1% Duetto Dollars for every purchase. It can be used to grab some coffee e and merchandise for free. The Duetto credit card acts as both a Visa and a reloadable Starbucks card. When loading a Starbucks card, instant 3% Duetto Dollars will be given back. Visa Rewards Credit Cards Canada

Marriott Rewards

Redemption for flights, cruises, and merchandise including electronics through Marriott Rewards program is hassle free and easy. 3 points earn per dollar spent at Marriott locations and 1 point per dollar everywhere else.

Visa Rewards Plus

Citizens Bank of Canada along with VanCity created a reward program. It is called the My Visa Rewards Plus which entitles you to gain and collect points. These points would then be convertible to reward items such as for airfare, buying merchandise and financial products. Furthermore, it made something special in which you can help your community with your accumulated points by donating it to any of your chosen charitable institution or to sponsor a generous cause. Booking a ticket would start when you reach the 5,000 points and gives you no blackouts or Saturday stay requirements.

BONUSDOLLARS Rewards

Desjardin’s sponsored reward program has been used by Coast Capital Savings to give their customers rewards in return for their loyalty and their patronage of the service. BONUSDOLLARS is the reward program that allows client to redeem offered rewards either to avail unrestricted travel, show flight tickets, gift certificates and even financial merchandises. By simply using the BONUSDOLLARS credit card in paying for a trip or purchase a product, you are now capable of getting point to receive or collect available rewards offered by the companies.

Annual Credit Card Fees

It is a fee that is charged on an annual or yearly basis to the visa credit card holder for simply having their credit card. The fee may range from $0 which means that the credit card companies have free annual fees on their visa credit cards to a maximum of $100 depending on what card company and the type of features the card comprises. Visa Rewards Credit Cards Canada. Usually credit card companies waived the first year annual fee to their card holders as a reward for having chosen their service but this doesn’t apply to all visa credit card companies. The amount on annual fee that each credit card holder is charged for doesn’t reflect how much amount or value of purchases there is with the credit card.

Some companies waived their annual fees on your second year and the subsequent years as a card holder when you, as a client, are a good credit payer which means paying the billed amount on or before the due date. Another feature would be when you reach your given credit limit in a month time and settling it before the due date elapsed, it will also entitle you to expand your credit limit aside from the free annual fee.

Freebies and rewards are also given to how you use your visa credit card and to what merchandise you have purchased with your card. In some instances, the credit card companies tie up with other establishments. In this case for example, when one reaches a certain credit amount, he/she is entitled to claim a freebie or reward from the collaborated establishment. Some companies would entitle their customers to earn points and these points will be equivalent to specific rewards.

For example, Cash Back Plus Platinum MasterCard® with No Hassle Rewards has an annual fee of $99 compared to Gold MasterCard® credit card that doesn’t have any annual fee but may have higher annual interest rates. It really depends on the amount of annual fee and the annual interest and well as the credit limit of the credit card.

Credit Card Interest Rates

Interest rate is a certain rate in which the visa credit card issuer generates revenue. A card issuer is the one that provides a consumer a card that comes along with a credit that can be used to purchase and make payments or borrow money from a bank or company. The bank or card issuer pays the clients charges which would be subject for interest charges over a period of time the money was borrowed. A risk on the part of the bank or company is taken as the cardholder may not pay the amount money borrowed as agreed. As a result, interest rates are charged as exchange of the credit risk incurred by the card issuer and become the issuer’s profit. Visa Rewards Credit Cards Canada. Bank or company that provides visa credit cards does investigations on credit card applicants to check whether they are capable of paying what is due on their billing statements. Assets, bank accounts, work stability and other finances of the applicant are the aspects to be checked on by the card issuer. In case a deficit is seen during the investigations, visa rewards credit card issuers may not approve the application. Visa Rewards Credit Cards Canada

Interest rates differ in every bank or company. The higher the credit limit and the allowable time to settle the borrowed money, the higher the interest rates charged. Usually interest rates ranges from 10% to 20% on cash advance while 5% to 15% on balance transfer. Purchase interest rate ranges from 5% to 15% which more or less of the same when doing balance transfer. The creditor who is much more stable on their finances can take risks in lending credit or money in a lesser interest compared to others. Some may consider the financial stability of the card user or on how they settle their loan money.

For example, let's say you have a visa credit card with a $500 credit limit that has an Annual Interest Rate (AIR), of 9.99% and an annual fee of $50. If you used the entire credit limit for one year, you'd pay 10% just for the annual fee, since $50 is 10% of $500. Then when you add that to your AIR, you'll find the true cost of that $500 is at 19.99%. If that same card had a $20,000 credit limit, and you use the entire limit for one year, the cost of your annual fee is only 0.25%. That makes the total cost for the $20,000 at 10.24%, which is quite satisfactory in their charges.

Credit Card Penalties

Penalty rates are charges that are imposed by a visa credit card issuer to penalize the cardholder. There are 3 charges that are usually given. First is when the creditor did not settle his accounts on time. Second is when the creditor exceeds beyond the credit limit that the card issuer has provided and third is when the card user issued a bouncing check in paying the amount of credit used. Companies are strict with due dates and they consider late as a demeanor for the creditor. Some companies permit a number of late payments which is usually two late payments. However, once it reaches its triggering status, high amount of penalty rates are imposed. Exceeding credit limit would be noticed when charges bounce the moment the creditor reach their credit limit. Usually, the companies would allow going beyond the credit limit but it would also entail over limit fees and penalty rates.

Example of this would be when you have purchased a merchandise worth $10,000 and your limit is just $7000, then you are $3000 above you limit. This means you’ve passed balance that the company has granted you. Almost all of the visa credit card companies penalize a client who does bouncing payments due to inefficient funds or lack of money in their saving accounts. Checks that bounce upon its clearing with the bank are given charges. Usually these charges are easily added with the due payments of the customers. Fees may range from $80 to $150 depending on the company and the amount of debt the creditor has.

With these penalty rates, the visa credit card holder payments or loan would shoot up leaving the creditor more debt to pay for. Commonly, penalties rate plays around 20% to 30% depending of the amount or loan the card holder is liable. Most of the bank or company put high penalty rates in order that clients would not fall into the pit of triggering the rates. Charges would be consistently be added to the amount borrowed until such time that the card holder pays more than what is asked during monthly billing statements.

What makes these cards different from MasterCard, American Express?

Canadian visa credit cards are offered by many banks and other companies. They come in different features depending on the company may it be with the annual fees or interest fees. For example, Capital One is a banking institution that issues credit card to their applicants. They give fair charges to their client close to other banks’ card charges. They allow and approve those customers who wish to avail their card service taking consideration of the holders’ history and financial stability. Annual Fees and Interest rate are of the same rate and range with other visa credit card issuing banks. Visa Rewards Credit Cards Canada. However, they mostly differ in how they offer rewards to their loyal and good paying creditors. They are tying up with other companies to provide promos and featured rewards which then are available for their customers to avail.

On the other hand, MasterCard is not a company that actually offers customers credit cards. They are not also responsible for lending money or provide loans to their clients. They are payments networks that use computer systems that allow processing of credit card transactions. The credit that the credit card carries comes from a certain bank, credit union or other financial institutions. Specific terms or policies of the card are set by the card issuers which are the interest rates that come in different rate depending on the client preferred company. A client can have two MasterCards with different issuers with different card terms on the interest fees. The card issuers take all the risk and burden if these clients fail to pay their card bills. With American Express, it has a different way of dealing with their clients. It has been tagged as “exclusive” which means that this company selects their lenders rather than issuing everyone that applies for their service. They have been giving cards and charged their card holders with high annual fees as well as with the interest they place on their client’s accounts that has to be paid in full every month. As the company continuously offers their service, they have begun to negotiate with other issuing banks to become their partners. Now, they issue credit cards that carry a balance along with charge cards. Visa Rewards Credit Cards Canada

References:

Credit Card Penalty Rates

Credit Cards Offers

Knowing the Banks

Visa Credit Cards

Credit Cards Canada

Reward Programs Canada

External Links:

Aeroplan Points Program

TD Travel Rewards Credit Cards

CIBC Aero Classic

British Airways Travel

Scotiabank.Rewards

RCB Royal Bank Credit Cards

VISA REWARDS CREDIT CARDS CANADA

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best visa card canada
- Posted April 03, 2010 by Monty Loree

Best Visa Credit Card Canada

Visa credit cards are offered by many banks and financial institutions. These cards are offered to a client who doesn’t want to bring cash with them but instead, use the credit that their cards contain in their transaction. These transactions can include either purchasing, getting an airplane ticket or simply for shopping purpose. These cards are categorized based on the features that are bound to it. The categories are as follows: Carry a Balance, Doesn’t Carry a Balance and Excellent to Good or Bad credit. Also, there is an additional category for the clients who spend much with their card and those who spend less but enjoy the benefits that their card offers.

Compare each cards specified below in order to learn what card suits your preference especially on how you care for your finances. And hopefully, you will be able to decide which card to apply for that caters what you need and apparently, enjoy its benefits and privileges.

Good Credit - Excellent Credit

The cards that are offered in this category are for those individuals who have good or excellent credit history. They are entitled to avail for the exclusive benefits that the bank or card company offers. Cards found in this portion have features like low interest rates, cash back guarantees, travel rewards and other amazing rewards. With how you handle your spending habit, you can surely pick one of the cards.

CARRY A BALANCE – REASONABLE INTEREST RATE CREDIT CARDS

In this category, when you receive the credit card you have applied for, it is carrying a balance with it where you can use it to do a transaction with business. You can use it for purchasing goods, items or in any way you prefer, as long as you use what is available credit limit the card has been entitled to. Best Visa Credit Card Canada. with this card is the interest rate which you are responsible to settle when the payment time comes.

CIBC Platinum Visa™ Card

When you are looking for a Visa credit card with extended purchasing power and premium benefit, CIBC Platinum Visa is the perfect card for you. It doesn’t have any annual fee even if the company gave you the best feature it can offer. Having an excellent credit history that you have build would be a great advantage when you apply for this card. More benefits are entailed this card that surely, you would take pleasure in.

Check the added benefits of this card:
• The credit card gives you a high credit limit of up to $50,000 for you to spend with your needs and desires. Credit limit starts at $5000.
• The card is protected with the automatic replacement repair or reimbursement coverage of the bank if the purchases you’ve made is lost, stolen or damaged within a gracious leeway of 90 days.
• The card is guaranteed of bundle no-fee insurances.
• VISA Auto Rental Collision/Loss-Damage Insurance is provided to the user.
• $500, 000 Common Carrier Accident Insurance is also given.
• Best Visa Credit Card Canada
• No worries of lost purchases as the card have Purchase Security and Extended Protection Insurance.
• Free personalized CIBC Convenience cheques for issuing payment.
• AVIS car rental gives 20% discount on their services at participating locations only.
• Cash advances of up to $1000 a day.
• Even hotel reservations are guaranteed by the card company.
• When card is lost or damaged, it is replaced with their Emergency card replacement program.
• VISA cards are accepted worldwide at over 24 million locations now.

CIBC Select Visa™ Card

This credit card lets their card holder enjoy a low interest rate of 11.5%. The card also offers a very least amount of annual fee which is at $29 only. This requires an excellent credit history which means that elite card users belong to this level. The mention card features are just two of the many benefits that the card offers.

Additional card benefits below:
• It instantly gives the card holder $100,000 Common Carrier Accident Insurance that can be used to give a helping hand to the customer when they unfortunately get into an accident.
• When renting a car, AVIS Car rental give the client a whapping 20% discount to all participating locations only.
• In using a cheque, CIBC is offering free personalized Convenience cheques.
• You can get 3 maximum credit cards per account with no extra charge coming from the card issuer.

DOESN’T CARRY A BALANCE – REWARD CARDS

This category belongs to the credit card user who pays off their balances every end of the month. They settle the amount of credit they have used and at the same time, get as much rewards coming from the points they have earned. Best Visa Credit Card Canada. These points are used to redeem rewards such as merchandise, gift certificates and a lot more.

We break these categories out by the kind of spenders: those individuals who spends a lot each month using their cards, or otherwise. (Generally the marker is around $2500 per month.) If you spend less than $2500 then you would consider a different card than if you spend more than $2500 per month.

Spend More Than $2500 / Month – Rewards Cards

Chase Sapphire Card

This credit card gives much bonus points which gives you the freedom to grab the rewards available using the bonus points earned. Travel, gift cards, merchandise, cash back and more are examples of the rewards it offers. Check the other benefits and compare it with other cards.

Chase Sapphire Card offers the following as additional features:
• Earn $100 in rewards which is equivalent of 10, 000 bonus points to use for redemption of surprises.
• Double points gained on flight tickets booked through Ultimate Rewards and single point for purchase made with the company.
• No points expiration and no limitation of how much point earned.
• Premier travel and purchase protection benefits given to the client.
• Dedicated service advisors are on standby 24/7.
• No annual fee charge even if the card company is giving all the card benefits it can offer.

CIBC Aerogold® Visa™ Card

Travel rewards are the most special feature of this card. It gives a lot of benefits for people who loves to travel for leisure or for business purposes. It also offers points that can be redeemed with equivalent rewards based on your points earned. The exclusive benefits are listed below. Best Visa Credit Card Canada.

List of CIBC Aerogold Visa™ Card benefits
• 15, 000 bonus Aeroplan® Miles on the first purchase of the card which is equivalent to one economy class short-haul flight at the ClassicFlight® reward level.
• Earn 1 Aeroplan Mile every time a dollar is spent by the card user.
• 1.5 Aeroplan Miles awarded for purchasing gas, groceries and items from the drugstores.
• Aeroplan participating partners also give additional points when you use the card at their stores or shops.
• Air Canada and Air Canada Jazz including Executive Class/Executive First 1 are given free access for the card users for the available seat only.
• CIBC guarantees the client that points earned will not be lost even being inactive for 12 months.

Capital One Venture Rewards Credit Card

Looking for a card that doubles your points? Capital One VentureSM offers it. It allows client to gain double miles on every purchase using the card. This is just one of the many fascinating benefits the card offers.

Here are the other features of the card:
• Earn 2 miles per dollar spent on your everyday purchases.
• When you have spent $1,000 in the first 3 months, instant 10, 000 bonus miles is awarded on your account.
• Avail the offer of flying free on any airline, anytime of the year with no blackout dates.
• No foreign transaction fee will be charged.
• Standby customer service is always available to help the clients.

Spend Less Than $2500 / Month – Rewards Cards

Chase Freedom Visa $50 Bonus Cash Back

This credit card gives many rewards to the client starting from the cash back of $50 during the first purchase of the card. It has 0% introductory APR and no annual fee being charged for this Chase Freedom Visa to its user. Check out the additional benefits offered for this card.

Chase Freedom Visa offers you more benefits:
• 5% cash back offers is returned to the card holder when purchasing gas, home improvement and department stores.
• Get additional 20% cash back when buying with the specific merchant online using the Chase credit card.
• 1% cash back for all the credit spent – no spending tiers or caps on how much you can earn.
• $50 bonus cash back during the card first purchase.
• No annual fee as well as introductory APR.

Capital One® No Hassle Miles Rewards

This credit card is for card holders who are frequent flyers but don’t want to spend much. They rely on the rewards they get coming from the points they’ve earned.

Here’s what you get for having this Capital One® No Hassle Miles Rewards credit card:
• 0% introductory APR on purchase until May of next year – 2011.
• No annual fee for this credit card.
• 1.25 miles points awarded for every dollar spent on buying merchandises.
• Earning points doesn’t have limits and expiration.
• Rewards offered to client are travel, merchandise, gift cards and other items.
• Mo blackout dates and no seat restriction policy given by the card company.
• Best Visa Credit Card Canada
• Fly to any destination with the airline of choice.
• No foreign transaction charges.

Bad Credit – Fair Credit

The credit cards that are going to be presented here are for client who needs to build their credit history back after experiencing past failure on handling their credit cards as well as their finances. These cards are categorized in three which are Secured credit cards, Carry a Balance and Don’t Carry a Balance. Any of these three choices may help you rebuild a good or excellent credit history. Furthermore, makes improvement of your credit rating. Try to compare each card and indentify what category you fit and the kind of credit card that compromise your needs.

SECURED CREDIT CARDS – REQUIRES MINIMUM SECURITY BALANCE

Credit cards shown in this category only requires minimum deposit which would then be the source of credit you can use to purchase or have transactions. But definitely you can add more soon when you get the chance of earning more money. The usual requirement of these cards is just putting up a security deposit with a certain amount of money.

Home Trust Secured Visa Card

This card company allows their client to build or rebuild their credit history without putting much financial burden. Cards that are discontinued don’t put the card holder at risk of trouble but only required to pay the outstanding balance as the company has served you. In exchange for the payment is that your security balance will be returned.

All the benefits that the cards offers:
• Minimum balance of $500 is all what the company needs for you to get the credit card.
• Interest rate is at 19.99% for cash advances and purchases.
• Annual fee is charged which is at $49.
• With card approval, everyone is considered prospects.
• Client can either make purchases over the phone or through online.
• Card holders access to their cash are available over 1 million Visa or Plus affiliated ATMs all over the world.
• Over 24 million locations worldwide are provided to the card holders to shop and use their credit card
• Easy to plan and book a vacation when using this Home Trust credit card.

RBC Royal Bank Secured Card

This card basically has of the same feature with other secured credit card. But what makes this card unique is that in a security account, the client is the one who will decide on how much he would deposit to the bank account. Best Visa Credit Card Canada. RBC Royal Bank gives the client the freedom how much to deposit to have the secured card.

Here are the secured card benefits enumerated below:
• A co-applicant is also entitled to get a card under one account.
• Spending limit of the card is based on how much the card holder has deposited in the security account.
• The security money is deposited in RBC Guaranteed Investment Certificate (GIC) under the client’s name. This would then gain interest as long as the money there.
• Once the client has established a good credit rating after using the secured card well, the bank will release the GIC security from the clients account.
• 18 month is the minimum requirement to establish a credit rating.

CARRY A BALANCE – GOOD REWARDS AND BENEFITS

The cards under this category are those cards that contain credit that caters client who have fair or bad credit history. Credits that are given are enough for the card holder to use and not to get in trouble again with financial problems. This care will help these clients as they will provide reports to the credit bureaus monthly. Choose the card that is vital for you.

Orchard Bank Platinum Visa®

The Orchard Bank Platinum Visa is an ideal card for building or rebuilding credit. We present the card benefits that allow managing your account easy, such as a payment due date that you have chosen and online account access 24/7. The bank also provides text or email alerts to advise you ahead of time that a payment is due.

Rewards and Benefits of the credit card:
• Reports to 3 major credit bureaus monthly to update the client’s rebuilding of credit history.
• Customer service is ready to assist the card holder for questions or concerns.
• The card is accepted over millions of areas worldwide.
• Website purchases and reservation is available for service.
• The bank offers their client to create a personalized credit card.
• Card holders are given the opportunity to choose what day the bank will set with the due date.
• You can manage your account 24/7 through online service.
• Receive emails and text messages sent by the bank for reminders on due billings.
• Annual fee is at a reasonable cost of $39-$59.

DOESN’T CARRY A BALANCE – REWARDS CARD

Credit card offered here is card that give certain amount of rewards in exchange of points earned either through the bonuses given by the bank or company or from the purchases made. Mostly, the card holders don’t spend much but collect points to get the rewards they want from the available offers. Best Visa Credit Card Canada.

Capital One® Students Rewards Card

This card is for students who are in need of building their credit history back to where it was before. They utilize this card for purchasing and collecting rewards point. Furthermore, make an impression the credit bureau on how they settle their balances which is one factor to consider in rebuilding a credit history as well as credit rating.

Benefits entitle by the company to the card user:
• No annual fee charge is guaranteed.
• 2% cash back on payments made on restaurant, entertainment, cell phone and books bills.
• 1% cash back on all other purchases made using the Student rewards card
• Earning cash back is one way of building again the client credit history.
• The client is given the option on how to redeem the cash back. It may be set-up for hassle-free automatic redemptions.

References

Canadian-Money-Advisor Credit Cards

Canadian Credit Cards

Best Credit Cards in Canada

Cash Back MasterCard Credit Card Canada

Cash Back Visa Credit Card Canada

Rewards Credit Card Canada

External Links

List of Top Visa Credit Cards

Canadian Credit Cards

FCAC - Best Credit Cards in Canada

Best Credit Cards Comparison

MBNA Credit Cards

Credit Card Reviews

BEST VISA CREDIT CARDS CANADA

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bad credit cards canada
- Posted April 03, 2010 by Monty Loree

BAD CREDIT CARD CANADA

BAD CREDIT – FAIR, NO OR LIMITED CREDIT AND NO CREDIT HISTORY

Bad credit can affect an individual in different ways. It gives you less chance from being granted to have conventional credit card. In getting loan approvals, the company or bank will not approve you because you have a history of unsettled bills. It is actually a gradual process for a person to have a bad credit as it doesn’t happen immediately. Bad credits have made a lot of people experience financial problems especially that client has a large amount of debt and thus, he is unable to pay. It also affects the credit history of the client which is the basis for a card company to approve your application. Moreover, credit history is the record of a card holder past borrowing and repaying. This also includes information about the late payments and bankruptcy you went through.

The credit cards that are presented are those credit cards that are provided even though the clients have poor credit history after suffering from bankruptcy or had committed numerous late payments. The cards here have guaranteed approval which means that credit history or past issues of how you handle your finances will not be a qualification and thus, it won’t matter. Three categories here are given and these are the secured credit cards, carry a balance cards and doesn’t carry a balance cards.
These cards are all going to be helpful for the client to rebuild the credit history he/she had before.

Compare each card in each category in order for you to get the best bad credit card Canada possible offered. It will then hopefully guide and help you in building your credit history to the maximum level which is having an excellent credit history and credit rating.

Apply Today! Capital One - Guaranteed Secured MasterCard®

SECURED CREDIT CARDS – LOW INTEREST AND SECURITY BALANCE

Credit cards in this category come from different card companies or banks. They are offering these kinds of cards to those card holders that don’t have enough credit history to have the traditional cards. These cards are also safe from getting someone into financial problems as these cards are only allowed to be used based on the amount of credits the client could repay when the time payments are asked. Assess these cards and select the best bad credit card Canada for you.

Capital One Low Rate Guaranteed Secured MasterCard®

Capital One offers this card to clients who don’t have any credit or limited credit history. This is a card that allows customers to start building their credit history. One of the perks of this card is that there is always a guaranteed approval of having the card once the client applies. Another feature would be the low interest rate it offers as well as low annual fees.

This credit card comprises these following features:

• Any application of the card has a guaranteed approval.
• Master RoadAssist™, MasterCard Global Service™ and MasterCard PayPass™ are use in tap-and-go pay system that gives less hassle for the client in payment as the card don’t need to be swiped.
• Low Interest rate of 14.9% on purchases and balance transfer that does not bring trouble to client during payment of balances.
• The customer service is on standby 24/7 through phone or online.
• Provides 0$ fraud liability for any unauthorized purchases done by the card user.
• Give you the chance in building a credit history.

Citi® Secured MasterCard®

This credit card helps clients rebuild their credit history to be able to apply soon to conventional credit cards. The bank would require depositing an amount that would range from $200 to $5, 000 into a certificate of deposit. This would then become the credit limit of the bad credit card Canada.

Here are the features of the credit card:

•Having the card you may become eligible for an unsecured card after 18 months of card usage.
• $0 liability on unauthorized charges made into the client account.
• Citi® Identity Theft Solutions protects the account and personal information of the card holder.
• No required income or co-signer to start building a record of account performance.
• With retail purchase protection, the items purchased with your card are safe against accidental damage or theft for up to 90 days from the day the product is bought.
• Tap-and-go system of Citi MasterCard® Payment Tag with PayPassTM is a new innovation where you just tap your card rather than the old system of swiping it.
• Citi® Credit Card Benefits & Services offers cash or rewards such as American Airlines® awards and travel benefits to cash back and college saving.

Orchard Bank Secured MasterCard®

Clients who undergo bankruptcy would have a hard time qualifying for a conventional credit card because of its qualification such as having a good credit history. This card offers best value for customers who need to restore their credit history after undergoing serious credit setback. The company gives much benefit to their card holders. Check the list of features and benefits that the card offers.

List of Orchard Bank Secured MasterCard benefits:

• No annual fee charges on the 1st year of card usage. Succeeding years would have fees but can be waived based on credit performance.
• No account processing fee for any transactions made.
• Low interest rate for the client enjoyment of card usage.
• A credit report is transmitted to 3 major credit bureaus that evaluate and updates the client’s credit history.
• Credit limit is based on the account deposit funds. It starts at $200 account balance.

Home Trust Secured Visa Card

This card company allows their client to build or rebuild their credit history without putting much financial burden. Bad credit cards Canada that are discontinued don’t put the card holder at risk of trouble but it only requires the client to pay the outstanding balance as the company has served you. In exchange for the payment is that your security balance will be returned.

All the benefits that the cards offers:

•Minimum balance of $500 is all what the company needs for you to get the credit card.
•Interest rate is at 19.99% for cash advances and purchases.
•Annual fee is charged which is at $49.
•With card approval, everyone is considered prospects.
•Client can either make purchases over the phone or through online.
•Card holders access to their cash are available over 1 million Visa or Plus affiliated ATMs all over the world.
• Over 24 million locations worldwide are provided to the card holders to shop and use their credit card
•Easy to plan and book a vacation when using this Home Trust credit card.

RBC Royal Bank Secured Card

This card basically has of the same features with other secured credit cards. But what makes this card unique is that in a security account, the client is the one who will decide on how much amount he would deposit to the bank account. RBC Royal Bank gives the client the freedom how much amount to deposit to obtain the secured card.

Here are the secured card benefits enumerated below:

•A co-applicant is also entitled to get a card under one account.
•Spending limit of the card is based on how much the card holder has deposited in the security account.
•The security money is deposited in RBC Guaranteed Investment Certificate (GIC) under the client’s name. This would then gain interest as long as the money there.
• Once the client has established a good credit rating after using the secured card well, the bank will release the GIC security from the clients account.
•18 month is the minimum requirement to establish a credit rating.

Apply Today! Capital One - Low Rate Guaranteed Secured MasterCard®

CARRY A BALANCE – GOOD REWARDS WITH MAXIMUM BENEFITS

In this category, credit cards carry a balance depending on how much deposited money you have on your security account. For example, when you put in $2500 in your account, this will then serve as the amount of credit you can use with your card. It will also act as the credit limit that you should not go beyond. This is designed in this way so that the card holder won’t get into trouble again and would allow rebuilding of credit history.

Capital One Guaranteed MasterCard®

This card allows the card users to experience all the benefits of having a credit card. Capital One gives the client the luxury to be able to rent a car, do shopping online or book hotel rooms. With this Capital One credit card in your hands, your credit history will not suffer but instead build up as long as you pay your bills on time. This card has a lot more to offer. Check it out below.

Other Capital One Guaranteed MasterCard benefits:

• Travel benefits offered: Master RoadAssistTM, MasterCard Global ServiceTM, MasterAssistTM Travel Assistance Service for client safety all the time.
• Travel accident insurance is also given aside from the safety assistance.
• MasterCard PayPass™ give convenience in paying bill for the card holder.
• Tap-to-Go system when using the card to have less hassle from card swiping.
• 27/7 standby customer service to phone or online.
• Provides $0 fraud liability for unauthorized card use done by the client.
• The Guaranteed MasterCard® additionally protects you with purchase assurance and extended warranty for the time the client is still rebuilding the credit history.

Orchard Bank Platinum Visa®

The Orchard Bank Platinum Visa credit cards are ideal cards for building or rebuilding credit. We present the card benefits that allow managing your account easy, such as a payment due date that you have chosen and online account access 24/7. The bank also provides text or email alerts to advise you ahead of time that a payment is due.

Rewards and Benefits of the credit card:

• Reports to 3 major credit bureaus monthly to update the client’s rebuilding of credit history.
• Customer service is ready to assist the card holder for questions or concerns.
• The card is accepted over millions of areas worldwide.
• Website purchases and reservation is available for service.
• The bank offers their client to create a personalized credit card.
• Card holders are given the opportunity to choose what day the bank will set with the due date.
• You can manage your account 24/7 through online service.
• Receive emails and text messages sent by the bank for reminders on due billings. bad credit card Canada
• Annual fee is at a reasonable cost of $39-$59.

Apply Today! Low Rate Guaranteed MasterCard®

DOESN’T CARRY A BALANCE – REWARDS CARDS

Card holders under this category are considered convenience users as they use the card credit and pay them off each month when their billing statement is received. They spend less but get as many reward points. The acquired points can then be redeemed with rewards. In addition, cash back are given in certain percentage of the purchases made.

Capital One Cash Back Guaranteed MasterCard® for Gas & Groceries

For client who is seeking for a rewards card and at the same time building an excellent credit history, Capital One Cash Back Guaranteed MasterCard is the right credit card for you. This bad credit card Canada would let you gain points to redeem specific equivalent rewards. It also provides cash back on the total purchases made using the card. Receiving cash back doesn’t have any limit as long as the account exists.

More credit cards benefits listed below:

• 2% cash back on gas payment are returned to the client and also with the groceries purchases.
• Additional 1% cash back on all other purchase with the card.
• Provides $0 fraud liability on unauthorized use of the credit card.
• Client can reach the 24/7 customer service through phone or online.
• In redeeming rewards customer is given an option to choose if the cash back will be via statement or cheque.
• Annual fees are reasonably fair as the company allows additional authorized user to every account.

Capital One® Students Rewards Card

This card is for students who are in need of building their credit history back to where it was before. They utilize this card for purchasing and collecting reward points. bad credit card Canada. Furthermore, make an impression to the credit bureau on how you settle your balances. This is one factor to consider in rebuilding a credit history as well as credit rating.

Benefits entitle by the company to the card user:

• No annual fee charge is guaranteed.
• 2% cash back on payments made on restaurant, entertainment, cell phone and books bills.
• 1% cash back on all other purchases made using the Student rewards card
• Earning cash back is one way of building again the client credit history.
• The client is given the option on how to redeem the cash back. It may be set-up for hassle-free automatic redemptions.

Apply Today! Capital One Guaranteed MasterCard®

REFERENCES

Love to Know - What Is APR?

Wikipedia - Annual Percentage Rate

Credit Card Travel Insurance Policies

EXTERNAL LINKS

HomeTrust Secured Visa

Need To Carry A Balance For Good Credit

Need to Carry A Balance To Get Good Credit Score

Canadian Credit Cards - MBNA Cards

ReviewCentre - Credit Card Reviews

BAD CREDIT CARDS CANADA

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best secured credit card canada
- Posted April 03, 2010 by Monty Loree

Best Secured Credit Card Canada

Bad Credit – Fair or No Credit History

As a credit card applicant compares all the secured credit cards in the market being offered by the card issuers, he/she becomes aware of the different services the credit cards can provide them. They will search for a credit card that can provide the maximum benefits and features it can offer.

Furthermore, as one compares the different credit cards, the user can identify the cards which will help and protect their financial stability in the process of building up a good or excellent credit history. But other than what is mentioned, card users must also take in consideration of the amount of security deposits that these card companies requires because it will be the basis of a cards’ credit limit.

Maybe, soon the card holders will have problems paying their card if the starting deposit is too high in value. Clients should also check on the other charges that could add up on the payments that need to be settled every end of a month. These could be the interest rates or charges and annual fees. These specific items must be evaluated well in order to get the safest and most beneficial credit card in the market.

Compare all of the secured cards show in this article that is currently available for application.

Security Deposits

Secured credit cards are safe for use for the clients especially for those card holders who have past experiences of bankruptcy or having penalized with many charges. One of the techniques that card issuers have created is requiring an applicant to make a security. The security deposit works as a security fund that is the only allowable amount of credits that will be granted for the client to use for any transactions using the card. Best Secured Credit Card Canada. Once the balance is exhausted, the client can no longer use the card unless the client settles the balances or pays the bills. The amount of money deposited in the account will be the equivalent credit limit of the card. In this way, the card users are saved from over spending beyond the credit limit. This will protect the card holder from bankruptcy as well.

Here are some of the credit cards that have low security deposit requirements:

HomeTrust Secured Visa Card

Citi® Secured MasterCard®

This credit card helps clients rebuild their credit history to be able to apply soon to conventional credit cards. The bank would require depositing an amount that would range from $200 to $5, 000 into a certificate of deposit. This would then become the credit limit of the credit card.

Here are the features of the credit card:
•Having the card you may become eligible for an unsecured card after 18 months of card usage.
• $0 liability on unauthorized charges made into the client account.
• Citi® Identity Theft Solutions protects the account and personal information of the card holder.
• No required income or co-signer to start building a record of account performance.
• Best Secured Credit Card Canada
• With retail purchase protection, the items purchased with your card are safe against accidental damage or theft for up to 90 days from the day the product is bought.
• Tap-and-go system of Citi MasterCard® Payment Tag with PayPassTM is a new innovation where you just tap your card rather than the old system of swiping it.
• Citi® Credit Card Benefits & Services offers cash or rewards such as American Airlines® awards and travel benefits to cash back and college saving.

RBC Royal Bank Secured Card

This card basically has of the same feature with other secured credit card. But what makes this card unique is that in a security account, the client is the one who will decide on how much he would deposit to the bank account. RBC Royal Bank gives the client the freedom how much to deposit to have the secured card.

Here are the secured card benefits enumerated below:
• A co-applicant is also entitled to get a card under one account.
• Spending limit of the card is based on how much the card holder has deposited in the security account.
• The security money is deposited in RBC Guaranteed Investment Certificate (GIC) under the client’s name. This would then gain interest as long as the money there.
• Once the client has established a good credit rating after using the secured card well, the bank will release the GIC security from the clients account.
• 18 month is the minimum requirement to establish a credit rating.

Interest Rate

The credit cards that are presented here have low interest rates. These cards will help the client rebuild a credit history. Once the credit history begins to get better, the client would then be able to transfer or apply for a different credit card with more benefits and features to offer. Best Secured Credit Card Canada. These charges will sometimes become a burden to a card holder especially when the amount of balances needed to be settled becomes higher every time a billing statement is received. Paying on time and not beyond the due date is the best way to deviate the charges. Punctuality in settling the accounts must be strictly followed to prevent financial struggles or reach the point of bankruptcy.

Compare these two credit cards that offers Low Interest Rates.

Capital One - Low Rate Guaranteed Secured MasterCard®

Orchard Bank Secured MasterCard®

Clients who undergo bankruptcy would have a hard time qualifying for a conventional credit card because of its qualification such as having a good credit history. This card offers best value for customers who need to restore their credit history after undergoing serious credit setback. The company gives much benefit to their card holders. Check the list of features and benefits that the card offers.

List of Orchard Bank Secured MasterCard benefits:
• No annual fee charges on the 1st year of card usage. Succeeding years would have fees but can be waived based on credit performance.
• No account processing fee for any transactions made.
• Low interest rate for the client enjoyment of card usage.
• A credit report is transmitted to 3 major credit bureaus that evaluate and updates the client’s credit history.
• Credit limit is based on the account deposit funds. It starts at $200 account balance.

Annual Fees

Card issuers do charge annual fees depending on the type of cards. However, some credit cards don’t have any annual fees but doesn’t give the maximum benefits in return. The benefits provided to the card holder is only limited. Annual fees are considered a payment for the service offered by the card company and the source of the revenue. There are instances that this fee is waived but it depends on how the client utilizes the credit card and the payment method used.

Evaluate both credit cards that come from two different card issuers which have Low Annual Fee Charges.

Capital One - Guaranteed Secured MasterCard®

Apply Today! Capital One - Guaranteed Secured MasterCard®

This card allows the card users to experience all the benefits of having a credit card. Capital One gives the client the luxury to be able to rent a car, do shopping online or book hotel rooms. With this Capital One credit card in your hands, your credit history will not suffer but instead build up as long as you pay your bills on time. This card has a lot more to offer. Check it out below.

Other Capital One Guaranteed MasterCard benefits:
• Travel benefits offered: Master RoadAssistTM, MasterCard Global ServiceTM, MasterAssistTM Travel Assistance Service for client safety all the time.
• Travel accident insurance is also given aside from the safety assistance.
• Best Secured Credit Card Canada
• MasterCard PayPass™ give convenience in paying bill for the card holder.
• Tap-to-Go system when using the card to have less hassle from card swiping.
• 27/7 standby customer service to phone or online.
• Provides $0 fraud liability for unauthorized card use done by the client.
• The Guaranteed MasterCard® additionally protects you with purchase assurance and extended warranty for the time the client is still rebuilding the credit history.

Orchard Bank Platinum Visa®

The Orchard Bank Platinum Visa is an ideal card for building or rebuilding credit. We present the credit card benefits that allow managing your account easy, such as a payment due date that you have chosen and online account access 24/7. The bank also provides text or email alerts to advise you ahead of time that a payment is due.

Rewards and Benefits of the credit card:
• Reports to 3 major credit bureaus monthly to update the client’s rebuilding of credit history.
• Customer service is ready to assist the card holder for questions or concerns.
• The card is accepted over millions of areas worldwide.
• Website purchases and reservation is available for service.
• The bank offers their client to create a personalized credit card.
• Card holders are given the opportunity to choose what day the bank will set with the due date.
• You can manage your account 24/7 through online service.
• Receive emails and text messages sent by the bank for reminders on due billings.
• Annual fee is at a reasonable cost of $39-$59.

Transferability to A Better Credit Card.

The transferability to an improved credit cards when the credit has gotten better of these credit cards presented is not a problem since these cards will help clients rebuild a credit history. Best Secured Credit Card Canada. The client will be able to pass the requirement of other credit cards especially those cards that require good or excellent credit history. Having the conventional or high value credit cards give clients the maximum benefits that a card issuer can give while compared to secured cards where the accounts have limitations and restrictions. It is really preferable to have the conventional cards.

But the card holders must also be responsible enough to settle the payments on time and taking good care of the credit history he has worked for. Refraining from getting any penalties or violations against the card issuer’s policy in using their credit cards is a good way to avoid higher charges by the end of the month.

References

Canadian-Money-Advisor Credit Cards

Canadian Credit Cards

Best Credit Cards in Canada

Cash Back MasterCard Credit Card Canada

Cash Back Visa Credit Card Canada

Rewards Credit Card Canada

External Links

List of Top Visa Credit Cards

Canadian Credit Cards

FCAC - Best Credit Cards in Canada

MBNA Credit Cards

Credit Card Reviews

BEST SECURED CREDIT CARDS CANADA

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cash back mastercard canada
- Posted April 03, 2010 by Monty Loree

Cash Back MasterCard Credit Card Canada

Cash Back credit cards under MasterCard offers various types of rewards programs in which the cardholder will receive cash rebates equivalent to the particular percentage of the amount charged to the card on a yearly basis. These cash back programs usually come with high interest rates compared to credit cards that don’t offer such benefit. That is why card users should settle their balances in full every month to avoid the interest rate to be charged which can offset the amount of cash to be returned.

Apply Today! Capital One - Aspire™ Gold MasterCard®

As cash back rewards program have been famous in the charge card industry and clients have seen the positive side of taking advantage of them, card companies and banks are giving the precise amount needed to be paid off each year. This could be a good source of savings for the cardholders which they are keeping in their accounts.

Good Credit - Excellent Credit

One of the requirements for the credit cards presented need good or excellent credit history. This is what these card companies and banks are trying to check with any application because it gives assurance for the card issuers of the risk they are going to take. They are trying to check that these clients have the capability of paying off any amount they have with their accounts. An assortment of credit cards with different features and benefits will be displayed. Weigh up each card to know which card is appropriate for your use.

Doesn't Carry a Balance - Rewards Cards

Having these credit cards, card users are entitled to pay off their balances every month in order to get the best rewards that the specific card issuers offer. Reward points is the key in these kinds of card as the cardholder collects them and will be redeemed with the variety of rewards. Cash Back MasterCard Credit Card Canada. The main feature of these cards which is giving cash backs are returned through the client’s account on a yearly basis. Client can see the rebates received in their personal accounts which can also be used to purchase goods or merchandises.

On top of what is mentioned above, two subcategories are given that group those cardholders who are spending much on their credits compared to those who focused much on the rewards to be earned. These subcategories are the following: spend less than $2500 and spend more than $2500 per month.

Compare all of the CashBack MasterCards that are offered to our cards.

Apply Today! Capital One - Aspire™ World MasterCard®

Spend More Than $2500 / Month - Rewards Cards

Clients who belong here are cardholders who usually spend more than the marginal amount an individual is capable of which is $2500. These card users get the cash back as well as the points. However, they are those who are not taking advantage of it but instead consider it as a bonus from their spending. They are not concerned with what rewards they are entitled of but rather they are more interested in getting large amount of rebates.

Capital One - Cash Back Gold MasterCard®

Getting this credit card will let the cardholder earn cash back rewards instantly on every purchase made using the credit card. The more the credit card is used on transactions, the more earnings will be accumulated in which it will be subject for the source of how much cash back or rebate is returned. The client can ask for additional cards without any fee and also add an authorized user. What is great about this card is that you won’t feel and realize that your rewards are doubling up in points over a short period of time as long as the credit card is constantly used.

The Cash Back Gold card allows you to gain points through following ways:
• 0.50% cash back up to $3,000 in spending using the credit card.
• Company gives a 1% cash back on all purchases greater than $3,000.
• Price Protection Program will help clients find a lower price on your purchase within 60 days, Capital One will refund you the difference up to $100.
• There is no limit on the number of points earned
• Card holder can redeem rewards anytime as long as personal account have a deposit amount of above $15.
• Purchase Theft Protection is giving a 120 days insurance in case of theft or damage to purchases made.
• No maximum rebate policy is guaranteed.
• Extended Warranty Program will double warranty up to 2 yrs from the past offer of 1 yr only.
• Car Rental Insurance and Baggage Delay Insurance is also provided as part of the benefits.

Capital One - Cash Back Plus Platinum MasterCard®

This credit card entitles the card user the chance to get a cheque or statement credit after accumulating more than $15 in points. The rewards offered for this card is more on the cash back reward compared on other possible gift rewards. This card does have an annual fee of $99. It is better to use the card to its maximum limit to be able to enjoy the rewards more than the fee. Be conscious of the due dates of payment as the card comprise a 19.8% interest. So, card holders should pay their bills monthly to avoid the interest.

The Cash Back Plus Platinum card allows you to gain points through following ways:
• For purchases up to $10,000 you get 1% cash back annually as the company offers such benefit.
• When purchases reach between $10,000.01 and $20,000 you'll collect 1.5% cash back annually
• In purchases over $20,000 you'll collect 2% cash back annually to the client account.
• Cash Back MasterCard Credit Card Canada
• There is no limit on the number of points earned
• When doing balance transfers or cash advances, these transactions are not entitled of points and cash backs.

MBNA Premier Rewards® Platinum Plus® MasterCard®

A rewards credit card that provides cash back for the total amount of purchases made. Furthermore, gives the client automatic rewards to be credited on the account once promos on company’s website are availed. This would give much rewards and opportunities of the card holder to venture everything as far as the card offers.

Here are the of the MBNA credit card features:
• As commonly offered by rewards credit card. This card has No Annual Fee as well.
• 1% back on all net retail purchases when buying merchandise or any transactions that you have used your rewards card.
• There is a yearly automatic rewards crediting in your account once you have availed with their promos especially those that are offered in the company’s website.
• Regarding with points, there is an enticing policy of No spending limits or earning limits. Customers can earn points as much as they can and redeem rewards equivalent to their accumulated points.
• There is Exclusive platinum benefits and peace of mind for the card holder that provides less risks and hassle.
• Booming credit limit of up to 100,000 is offered by the card issuer giving the customer a wider range to spend on their credits.
• Customer service is always present 24/7 for any inquiries or problems that these card holders may encounter when using their credit cards.

Citi® Enrich MasterCard®

With this credit card the card holder will have a pocket full of cash backs as the card issuer make sure that the client would enjoy the rebates being returned. Cash Back MasterCard Credit Card Canada. This card also doesn't have any annual fee. Everything with this credit card are of advantage of the card holder but watch out for the interest on purchases and cash advance. Make sure that you won't get into the pitfall of having lots of extra interest charges added on the account.

Here are the Citi® Enrich MasterCard® credit card features:
• Earn a full 1% cash back on all your spending while using the credit card
• Worldwide Access to Cash to almost all locations.
• No Annual Fee guaranteed by the card issuer.
• Citi Price Protection Program to safeguard the card users.
• 24/7 Customer Service for any trouble in using the card.

Spend Less Than $2500 / Month - Rewards Cards

Compared with the big spenders on their credit cards, these clients spend less than the $2500 margin. This type of cardholder is the one who wants to get more rewards over the amount of credit they are spending. They use their cards only when it is needed. They are taking lead of benefit that each particular card can offer them. The more benefits that card applicant will get, the higher the chances that they would pick for card.

Capital One - Cash Back Guaranteed MasterCard® for Gas & Groceries

This card is usually used by card holders for their purchases on gas and groceries because they are getting more on the cash back. It gives them much savings over their expenses. So, collecting cash back points every month becomes an advantage on their part in using the card. But card users must be responsible in the payment of their balance so that they will not be charged of interest fee. More cash backs are provided on the card details below. Cash Back MasterCard Credit Card Canada

This card has more benefits to offer:
• Credits used on gas purchases give you receive 2% cash back.
• In buying groceries, 2% cash back is given in return to your account.
• Every other purchase made with the card, the client will receive 1% cash back.

Cash Back Platinum MasterCard® with No Hassle Rewards™

The clients who are suitable for this card are those individuals who spend money and just want to gain the cash back or rebate. They are the persons who spend for small quantities of merchandise but get much of the benefits of the credit card.

Here's what you get with this card:
• 0.5% cash back annually on total purchases up to $3,000 are given back to the card user.
• Additional 1% cash back annually on total purchases above $3,000 is also returned.
• This card doesn’t have any annual fee charge.
• When redeeming your cash by cheque or get a credit on your statement you can request for it online.
• Earning or savings you gain with this card has no limit or capacity.

BMO CashBack MasterCard®

BMO CashBack MasterCard offers their client cashbacks when spending at different Shell location in Canada. Cashbacks are also awarded when you get a car rental at National Car Rental or Alamo Rent a Car where their branches are located worldwide. This two rent a car companies also give big discounts once you get to have their services.

BMO CashBack MasterCard card details are listed below.
• The card doesn’t have any annual fee charged by the company.
• For every card purchase made there is 0.5% cashback given to the client.
• When spending and enjoying the Shell station services, 1.5% cashback is returned to the customer.
• National Car Rental & Alamo Rent A Car would also give 1.5% cashback when you rent a car at their shops which are located worldwide.
• Cash Back MasterCard Credit Card Canada
• Huge discount of up to 25% on rentals done at National Car Rental & Alamo Rent A Car.
• Interest rate is at 19.5% which is fair enough for the card holder to handle during billing payments.

References

Canadian-Money-Advisor Credit Cards

Canadian Credit Cards

Best Credit Cards in Canada

Cash Back MasterCard Credit Card Canada

Cash Back Visa Credit Card Canada

Rewards Credit Card Canada

External Links

List of Top Visa Credit Cards

Canadian Credit Cards

FCAC - Best Credit Cards in Canada

MBNA Credit Cards

Credit Card Reviews

CASH BACK MASTERCARD CREDIT CARDS CANADA

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cash back visa credit card canada
- Posted April 03, 2010 by Monty Loree

Cash Back Visa Credit Card Canada

Visa credit cards are today are being offered by countless banks and credit card companies. These cards are presented to a client who doesn’t want to bring cash along with them always but utilize the credit as a substitute in order to do a transaction. These dealings can consist of either purchasing, getting an airplane ticket or simply for shopping purposes. These cards are under a category in which it is based on the features that comprises the credit card. The category is Doesn’t Carry a Balance that requires Excellent to Good credit history. Moreover, these credit cards offer certain rewards depending on the card you gave picked.

As cash back rewards program have been prominent in the charge card industry and clients have seen the optimistic side of taking advantage of them, card companies and banks are generous and particular of the amount needed to be paid off each year. This could be an excellent source of investments for the cardholders which they are keeping in their accounts.

Furthermore, two subcategories are provided which separates those card holders who are spending much on their credit compared to those who are aiming more on the rewards to be redeemed. These subcategories are the following: spend less than $2500 and spend more than $2500 per month. The amount $2500 is the marker generally used as it is considered the common amount a card holder is capable to spend each month.

Good Credit - Excellent Credit

The credit cards that are placed in this category are for those individuals who have good or excellent credit history. They are trying to check that these clients have the capability of paying off any amount they have with their accounts. A collection of credit cards with different features and benefits will be displayed. Weigh up each card to know which card is appropriate for your use as credit card holders are able to receive exclusive benefits that the bank or card company offers.

The reason why client is getting this kind of card is because they are looking at the rewards to redeem. The rewards obtainable are great savings that could really assist the card user with the current finances being handled. Collecting of points is the solution to get and take advantage of the rewards. Cash Back Visa Credit Card Canada. These points are accumulated every time purchase or transaction that guarantees you to get a point until such time that the points you have collected will have an equivalent reward.

Compare all of the cash back Visas that are offered to our cards.

Apply Today! Capital One - Aspire™ Gold MasterCard®

DOESN'T CARRY A BALANCE - REWARDS CARDS

This category belongs to the credit card user who pays off their balances every end of the month. They are very particular in settling the amount of credit they have used and at the same time, get as much rewards coming from the points they have earned. These points are used to redeem rewards such as merchandise, gift certificates and a lot more. However, the most important attribute of these cards is giving certain amount of cash backs to the client’s account on a yearly basis. Client can see the rebates received in their individual accounts which can also be used to purchase goods or merchandises.

We break these categories out by the kind of spenders: those individuals who spend a lot each month using their cards, or otherwise. (Generally the marker is around $2500 per month.) If you spend less than $2500 then you would consider a different card than if you spend more than $2500 per month.

Spend More Than $2500 / Month - Rewards Cards

Credit card holders who fit in here are those who usually spend more than the marginal amount an individual is capable of which is $2500. These card users get the full benefit of the cash back as well as the points. They are concerned of the rebates or cash back they will be receiving each year after they have spending large amount of money in their transactions.

TD Rebate Rewards Visa Card

The Rebate Rewards Visa Card is a credit card that doesn’t charge an annual fee. It is the cash back credit card that gives you cash back on your daily purchases with your annual rebate. Once you use your no-fee Rebate Rewards Visa Card to have purchases, you'll earn a cash rebate of a certain percentage on the total purchases charged to your card. The more you use your Rebate Rewards Visa Card in your transaction, the greater the money you get back. Watch out for the interest of this card. Pay your bills on or before its due date.

Here are other benefits of the card that is offered:
• 0.5% cash back is given on the first $3000 worth of net annual purchases made with the card.
• Additional 1% cash bank on the net annual purchase above $3000 to a maximum of $25, 000 on the credit card.
• Cash Back Visa Credit Card Canada.
• Cash back are credited every January directly into the client’s account and statement account would show your total cash back earned.
• Pay on the Visa payWave technology where you can secure and have easy contactless payment system that's faster and more convenient than paying with cash.
• The card issuer uses the Chip Enabled Technology which give each client identical pin for security of their accounts.

Chase Freedom Visa®

This credit card gives much bonus points which gives you the freedom to grab the rewards available using the bonus points earned. Travel, gift cards, merchandise, cash back and more are examples of the rewards it offers. Check the other benefits and compare it with other cards.

Chase Freedom Visa® offers the following as additional features:
• 0% Intro APR and No Annual Fee even if the card company is giving all the card benefits it can offer.
• 5% cash back offers in popular categories like gas, home improvement and department stores
• Full 1% Cash Back on everything else with no spending tiers
• Your cash back rewards never expire
• No points expiration and no limitation of how much point earned.

RBC® Cash Back Visa Card

This card would give you the convenience of not using a card and instead use the RBC Cash Back Visa. They give 1% cash back credit starting from the groceries you have bought, the gas you have filled your tank and a lot more. In every purchase you made with the card, there is corresponding cash back. Using the card and looking at your cash back balance every month makes you overwhelmed on how it adds up.

What do the card offers you with its benefits:
• 5% cash back is earned on groceries purchased. In addition, 5% cash back credit when buying groceries at the participating stores using the credit card until December 31, 2010.
• Earn 1% cash back on all other qualifying transactions made with the card when you make for pre-authorized payments on the Cash Back account.
• When you use your Custom Switch, you are given up to $25 cash back bonus.
• Cash Back Visa Credit Card Canada.
• In paying for small purchases, the company gives the Visa pay Wave for client comfort, safety and security.
• No extra cost when you are asking for additional cards for the co-applicants and authorized users.
• You can access cash worldwide of up to $500 or depending on your credit limit.
• Minimum credit limit is high at $1000 compared to other cards.
• The card is widely accepted in over 600, 000 locations in Canada and over 23 million all over the world.
• Travellers cheque is commission-free.

IberiaBank Visa Gold Credit Card

With this credit card the card holder will have an outstanding of cash backs to be received as the card issuer assures that the card user would take pleasure in the rebates being returned. This card also doesn't have any annual fee which gives the client less payment to think of. All of this credit card features are of gain for card holder but watch out for the interest on purchases and cash advance. Card holders must be keen in looking for date where promos will end in which interest rates will change back to its normal value. Make sure that you won't get into the drawback of having lots of added interest charges.

Check the added benefits of this card:
• Earn 1% in cash back credit on all qualifying purchases done by the card holder.
• No limit on cash back; no expiration date on eligibility for accounts in good standing status.
• Travel accident coverage up to $500,000 given to the client.
• No annual membership fee for this credit card.
• Low, variable rate APR of 9.25%, 12.25%, and 15.25% as of 1-1-10 based on your creditworthiness. This APR will vary with the market based on the Prime Rate. (If there is an interest charge, the charge will be no less than $1.00)
• Low Introductory APR on balance transfers of 1.99% for your first 6 billing cycles, this rate will not change during the introductory period. Applies to balance transfers processed within three months of your account open date. After that, your APR will be the same as your assigned purchase rate, based on your creditworthiness; this APR will vary with the market based on the Prime Rate.
• Online access to credit card account information is always available.

Apply Today! Capital One - Aspire™ World MasterCard®

Spend Less Than $2500 / Month - Rewards Cards

Card users that belong in this category are those types of clients who don’t like to spend much but get the full benefits of the credit card. Cash backs as well as collecting countless points are there goals which they would then convert to rewards either merchandise, gift check or other offered stuffs. The more benefits that the card holder will get out from the credit card picked, the high the odds that they would submit an application for that particular credit card.

Scotia Momentum Visa™ Card

This credit card allows you to collect a generous cash back percentage for the retail purchases you have made with the card. If you are a big spender, then it won’t be a problem because there is no certain limit in the amount of point you can accumulate or collect from all the card transactions made. You can get cash back from gas, groceries and drugstore purchases. Cash Back Visa Credit Card Canada. Get the full offers of the card so that the annual fee won’t bother you which is at $39. Moreover, paying the bills on the specified time or at the end of a month lets you get away from the interest of 19.99% on purchases and 21.99% on cash advances as well as balance transfers

Scotia Momentum Visa™ Card additional benefits:
• 2% cash back are given to card holders on purchases made either on gas, groceries or in a drugstore. It also includes recurring payments.
• 1% cash back on all eligible purchases with Momentum Visa card.
• Credit limit is at $500 which is higher compared to other credit cards.
• Save 20% discount to any AVIS Car Rental service you have purchase but allowed only to the participating locations.
• Electronic banking is available to check your account information, bill payments and mini-statements.

Chase Freedom Visa $50 Bonus Cash Back

Capital One® Students Rewards Card

This card is for students who are in need of building their credit history back to where it was before. They utilize this card for purchasing and collecting reward points. Furthermore, make an impression to the credit bureau on how you settle your balances. This is one factor to consider in rebuilding a credit history as well as credit rating.

Benefits entitle by the company to the card user:

• No annual fee charge is guaranteed.
• 2% cash back on payments made on restaurant, entertainment, cell phone and books bills.
• 1% cash back on all other purchases made using the Student rewards card
• Earning cash back is one way of building again the client credit history.
• The client is given the option on how to redeem the cash back. It may be set-up for hassle-free automatic redemptions.

PenFed Visa Platinum Cashback Rewards Card

This credit card is for card holders who uses the card for gas, groceries and other purcahses but don’t want to spend much. They rely on the rewards they get coming from the points they’ve earned.

What do the card offers you with its benefits:
• 13.99% APR which is lower than most rewards cards in the market.
• Earn 2.00% cash back on supermarket purchases in using the card.
• Earn 5.00% cash back from gas purchases paid at the pump station.
• Earn 1.00% cash back from all purchases the card user makes with the card during each billing cycle.
• No Annual Fee guaranteed by the card issuer.
• Cash Rewards credited each month to the accounts.
• No special restrictions or policy to earn your cash rewards.

References

IberiaBank Visa Gold Credit Card

PenFed Visa Platinum Cash Back Rewards Card

Chase Freedom Visa

External Links

Best Credit Cards Comparison

Visa Credit Card Offered

Credit Cards Cash Back Features

CASH BACK VISA CREDIT CARDS CANADA

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cash back credit card canada
- Posted April 03, 2010 by Monty Loree

Cash Back Credit Card Canada

Credit cards are useful nowadays to every person. It becomes the source of money for individuals especially for those people who don’t want to bring cash along with them. These types of people are using the credit of their cards to purchase their needs. They then pay off the credits used or their balances every month when they receive their billing statements.

In this article, it is presenting credit cards that are offering great cash back deals. In addition, these cards have other features and benefits to offer. Different banks and card issuers will be mentioned along with the credit cards they offer under the cash back category. Cash Back Credit Card Canada. These credit cards also are further categorized based on how much is the card user’s budget for spending using the card. It can either be under the subcategory spending more than $2500 or less than the mentioned amount.

Check each credit card especially on its cash back offers, benefits and features and compare it with the other to see what their differences are. Also, try evaluating which credit cards are beneficial in your use more than the charges and fees that the card is adding in your account. In this way, you can pick and apply for the best credit card that suits you.

Apply Today! Capital One - Aspire™ Gold MasterCard®

Good Credit - Excellent Credit

Cash Back credit cards are kinds of cards that return a certain amount of the total dollars spent back to the card holder. It is based on a specific percentage in which the card issuer has set for the card. The cash back rate is computed along with the total amount of credit used that is reflected in the client’s account. Usually these cash backs range from 1% to 3% depending on the bank or card company, while other card issuers reach to a maximum of 5%. These returned cash is placed on the account of the client annually where the total amount of purchases is subjected to the cash back percentage offered. Clients can actually consider this as their source of savings. The cash back credit can be used again to purchase goods or merchandise.

The credit cards that will be presented are those cards that require good or excellent credit history. Clients who are aspiring for these cards should have a good credit history as one of the requirements. For clients who don’t have a credit history yet or has a bad credit rating, don’t be depressed because as you go along with the article, you will see credit cards that doesn’t require any credit history and instead will help you rebuild it again. Cash Back Credit Card Canada. Take note of each card as they are unique in some ways compared to the others. Select the credit card that would be useful and convenient for you use.

Doesn't Carry a Balance - Rewards Cards

Clients that would belong in this category are card users who pay off and want to settle their balances in a monthly basis. Cash backs are given annually and are considered savings for the client after spending on the purchases they have made previously. These credit cards not only return cash because of its cash back feature, but also give rewards that are availed through collection of points by the card holders. One of the reasons that clients are getting these types of cards is because they are after of the rewards. The rewards offered are great stuff that could really help the card user. Collecting of points is the key to get and take advantage of the rewards when you redeem it. These points are accumulated every time you get a point until such time that the points you have collected will have an equivalent reward.

Apply Today! Capital One - Aspire™ World MasterCard®

Furthermore, two subcategories are provided which separates those card holders who are spending much on their credit compared to those who are wanting more on the rewards to be earned. These subcategories are the following: spend less than $2500 and spend more than $2500 per month. The amount $2500 is the marker generally used as it is considered the common amount a card holder is capable to spend each month.

Spend More Than $2500 / Month - Rewards Cards

Clients that fit with these credit cards are those who spend a lot of their credits but in return, get points and cash backs for every dollar they have spent from purchasing. Card users collect points with their cards to redeem rewards they want. Cash Back Credit Card Canada

MBNA Premier Rewards® Platinum Plus® MasterCard®

A rewards credit card that provides cash back for the total amount of purchases made. Furthermore, gives the client automatic rewards to be credited on the account once promos on company’s website are availed. This would give much rewards and opportunities of the card holder to venture everything as far as the card offers.

Here are the MBNA credit card features:
• As commonly offered by rewards credit card. This card has No Annual Fee as well.
• 1% back on all net retail purchases when buying merchandise or any transactions that you have used your rewards card.
• There is a yearly automatic rewards crediting in your account once you have availed with their promos especially those that are offered in the company’s website.
• Regarding with points, there is an enticing policy of No spending limits or earning limits. Customers can earn points as much as they can and redeem rewards equivalent to their accumulated points.
• Cash Back Credit Card Canada
• There is Exclusive platinum benefits and peace of mind for the card holder that provides less risks and hassle.
• Booming credit limit of up to 100,000 is offered by the card issuer giving the customer a wider range to spend on their credits.
• Customer service is always present 24/7 for any inquiries or problems that these card holders may encounter when using their credit cards.

Capital One - Cash Back Plus Platinum MasterCard®

This credit card entitles the card user the chance to get a cheque or statement credit after accumulating more than $15 in points. The rewards offered for this card is more on the cash back reward compared on other possible gift rewards. This card does have an annual fee of $99. It is better to use the card to its maximum limit to be able to enjoy the rewards more than the fee. Be conscious of the due dates of payment as the card comprise a 19.8% interest. So, card holders should pay their bills monthly to avoid the interest.

The Cash Back Plus Platinum card allows you to gain points through following ways:
• For purchases up to $10,000 you get 1% cash back annually as the company offers such benefit.
• When purchases reach between $10,000.01 and $20,000 you'll collect 1.5% cash back annually
• In purchases over $20,000 you'll collect 2% cash back annually to the client account.
• There is no limit on the number of points earned
• When doing balance transfers or cash advances, these transactions are not entitled of points and cash backs.

TD Rebate Rewards Visa Card

The Rebate Rewards Visa Card is a credit card that doesn’t charge an annual fee. It is the cash back credit card that gives you cash back on your daily purchases with your annual rebate. Once you use your no-fee Rebate Rewards Visa Card to have purchases, you'll earn a cash rebate of a certain percentage on the total purchases charged to your card. Cash Back Credit Card Canada The more you use your Rebate Rewards Visa Card in your transaction, the greater the money you get back. Watch out for the interest of this card. Pay your bills on or before its due date.

Here are other benefits of the card that is offered:
• 0.5% cash back is given on the first $3000 worth of net annual purchases made with the card.
• Additional 1% cash bank on the net annual purchase above $3000 to a maximum of $25, 000 on the credit card.
• Cash back are credited every January directly into the client’s account and statement account would show your total cash back earned.
• Pay on the Visa payWave technology where you can secure and have easy contactless payment system that's faster and more convenient than paying with cash.
• The card issuer uses the Chip Enabled Technology which give each client identical pin for security of their accounts.

For example, if net annual purchases on your cash back credit card total $15,000, you will earn cash reward of $135 ($15 for the first $3,000 in purchases and $120 for the additional $12,000.) You have just earned $135 from using your Card for everyday purchases which could be used for extra other purchases. Think of the amount of money you can save when you use your credit card everyday in every transaction you are dealing with.

Spend Less Than $2500 / Month - Rewards Cards

Card holders that fit in to this category are those clients that spend less than $2500 per month using their credit cards. They are the type of card users who don’t like to spend much but get a hold of almost all benefits. This card holder keeps monitoring their finances especially when the end of the month is getting near where payments will be settled. They only use the card when it is necessary and doesn’t involve in circumstances that brings trouble during payment. Cash Back Credit Card Canada. They would not just spend any amount in using their credit cards but they are careful in dealing with cash back or rewards they will collect. The more benefits that they will get from the credit card, the clients will have a high chance to apply for it and use it to get the promos, features and rewards.

Chase Freedom Visa $50 Bonus Cash Back

Chase Freedom Card has a lot of rewards to offer. It starts off with the cash back of $50 during the first purchase made with the card. Moreover, a 0% introductory Annual Percentage Rate is also given along with the no annual fee policy. This is one of the best cards that you can pick. Check out more of its benefits and features below.

Chase Freedom Visa offers more than what is mentioned above:
• 5% cash back offers is returned to the card holder when purchasing gas, home improvement and department stores.
• Get additional 20% cash back when buying with the specific merchant online using the Chase credit card.
• 1% cash back for all the credit spent – no spending tiers or caps on how much you can earn.
• $50 bonus cash back during the card first purchase.
• No annual fee as well as introductory APR.

Capital One - Cash Back Guaranteed MasterCard® for Gas & Groceries

This card is usually used by card holders for their purchases on gas and groceries because they are getting more on the cash back. It gives them much savings over their expenses. So, collecting cash back points every month becomes an advantage on their part in using the card. But card users must be responsible in the payment of their balance so that they will not be charged of interest fee. More cash backs are provided on the card details below.

This card has more benefits to offer:
• Credits used on gas purchases give you receive 2% cash back.
• In buying groceries, 2% cash back is given in return to your account.
• Every other purchase made with the card, the client will receive 1% cash back.

Cash Back Platinum MasterCard® with No Hassle Rewards™

References

Canadian-Money-Advisor Credit Cards

Canadian Credit Cards

Best Credit Cards in Canada

Cash Back MasterCard Credit Card Canada

Cash Back Visa Credit Card Canada

Rewards Credit Card Canada

External Links

List of Top Visa Credit Cards

Canadian Credit Cards

FCAC - Best Credit Cards in Canada

MBNA Credit Cards

Credit Card Reviews

CASH BACK CREDIT CARDS CANADA

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best cash back credit cards canada
- Posted April 03, 2010 by Monty Loree

Best Cash Back Credit Cards Canada

Cash Back Credit Cards are those kinds of cards that give back a certain percentage of cash or money to the card holders. The source of the cash back comes from the purchases made with the credit card. Usually these cash backs range from 1% to 3% depending on the bank or card company. These are returned back on the account of the client annually where the total amount of purchases is subjected to the cash back percentage offered. It then becomes the source of savings for the card holder. It can be used for future purchases of the client especially those card users that are utilizing their cards with the purchases they are transacting.

Good Credit - Excellent Credit

The cards that will be introduced are the credit cards that require good or excellent credit history. This means that the client here have been making good settlements with their balances monthly and haven’t committed any pitfalls that could affect the credit history they are taking care of. Best Cash Back Credit Cards Canada. There are seven card issuers that will display their cards along with its benefits and features. Give time to compare each best cash back credit cards Canada and in the end, be able to pick the best card for your use.

Apply Today! Capital One - Aspire™ World MasterCard®

DOESN'T CARRY A BALANCE - REWARDS CARDS

Clients that belong in this category are those card users who pay off their balances at the end of a month or in a monthly basis. Rewards are offered with these kinds of cards that are availed by the card holders. They are after the rewards that they can avail rather than using the credit card. Points are offered as well as cash backs which are accumulated in their account. Cash backs are given annually and are considered savings for the client after spending on the purchases they have made beforehand.

In addition, two subcategories are provided which separates those card holders who are spending much on their credit compared to those who are wanting more on the rewards to be earned. These subcategories are the following: spend less than $2500 and spend more than $2500 per month. The amount $2500 is the marker generally used as it is considered the common amount a card holder is capable to spend each month.

Spend More Than $2500 / Month - Rewards Cards

Under this subcategory, clients that belong here are those who spend a lot of their credits but in return get points and cash backs for every dollar they have used. Card users accumulate many points to get the rewards they have wanted after using the card for their transactions.

Capital One - Cash Back Plus Platinum MasterCard®

This credit card entitles the card user the chance to get a cheque or statement credit after accumulating more than $15 in points. The rewards offered for this best cash back credit card Canada is more on the cash back reward compared on other possible gift rewards. This card does have an annual fee of $99. It is better to use the card to its maximum limit to be able to enjoy the rewards more than the fee. Be conscious of the due dates of payment as the card comprise a 19.8% interest. So, card holders should pay their bills monthly to avoid the interest.

The Cash Back Plus Platinum card allows you to gain points through following ways:
• For purchases up to $10,000 you get 1% cash back annually as the company offers such benefit.
• Best Cash Back Credit Cards Canada
• When purchases reach between $10,000.01 and $20,000 you'll collect 1.5% cash back annually
• In purchases over $20,000 you'll collect 2% cash back annually to the client account.
• There is no limit on the number of points earned
• When doing balance transfers or cash advances, these transactions are not entitled of points and cash backs.

MBNA Premier Rewards® Platinum Plus® MasterCard®

CIBC Dividend Card®

CIBC Dividend card allows their card users to earn up to 1% cash back on the net purchases made with the card. The amount of cash back earned is going to be accumulated and will be added to the best cash back credit card Canada account. Best Cash Back Credit Cards Canada. This will make the card holder get something out of the spending they have made.

Here are the card details of the credit card:
• The card entitles the card holder with a Common Carrier Accident Insurance worth $100, 000.
• The card also provides insurance for the security and extended protection on all purchases you have made with the credit card.
• AVIS car rental discounts of up to 20% is given once you have the card in hand but can be availed only on participating locations.
• Cheques can be made into personalized with CIBC Convenience cheques without extra charges.

TD Rebate Rewards Visa Card

The Rebate Rewards Visa Card is a credit card that doesn’t charge an annual fee. It is the cash back credit card that gives you cash back on your daily purchases with your annual rebate. Once you use your no-fee Rebate Rewards Visa Card to have purchases, you'll earn a cash rebate of a certain percentage on the total purchases charged to your card. The more you use your Rebate Rewards Visa Card in your transaction, the greater the money you get back. Watch out for the interest of this card. Pay your bills on or before its due date.

Here are other benefits of the card that is offered:
• 0.5% cash back is given on the first $3000 worth of net annual purchases made with the card.
• Additional 1% cash bank on the net annual purchase above $3000 to a maximum of $25, 000 on the credit card.
• Cash back are credited every January directly into the client’s account and statement account would show your total cash back earned.
• Pay on the Visa payWave technology where you can secure and have easy contactless payment system that's faster and more convenient than paying with cash.
• The card issuer uses the Chip Enabled Technology which give each client identical pin for security of their accounts.

For example, if net annual purchases on your cash back credit card total $15,000, you will earn cash reward of $135 ($15 for the first $3,000 in purchases and $120 for the additional $12,000.) You have just earned $135 from using your Card for everyday purchases which could be used for extra other purchases. Think of the amount of money you can save when you use your credit card everyday in every transaction you are dealing with.

BMO Premium CashBack MasterCard®

The best cash back credit cards Canada company gives the card user cash back in all the card purchases made. It includes cash back coming from participating companies like Shell, as well as National Car Rental and Alamo Rent a Car. This gives much savings even though the card has an annual fee of $49. Something to watch out of the credit card is the high interest fee of 19.5% which is not a problem only if the card user will pay the bill on time or before due date is over.

BMO Premium Cashback card details:
• For every purchase made with the card BMO would give 1% cash back.
• In Canada, any Shell Stations would gives out cash back of 3%.
• With National Car Rental and Alamo Rent a Car, 3% cash back is returned when you purchase or avail their services.
• BMO gives Roadside Assistance to the card holders. Here are some of the following services: battery boost, fuel delivery, lockout service and towing.

RBC® Cash Back Visa Card

This card would give you the convenience of not using a card and instead use the RBC Cash Back Visa. They give 1% cash back credit starting from the groceries you have bought, the gas you have filled your tank and a lot more. In every purchase you made with the card, there is corresponding cash back. Using the card and looking at your cash back balance every month makes you overwhelmed on how it adds up.

What do the card offers you with its benefits:
• 5% cash back is earned on groceries purchased. In addition, 5% cash back credit when buying groceries at the participating stores using the credit card until December 31, 2010.
• Earn 1% cash back on all other qualifying transactions made with the card when you make for pre-authorized payments on the Cash Back account.
• When you use your Custom Switch, you are given up to $25 cash back bonus.
• In paying for small purchases, the company gives the Visa pay Wave for client comfort, safety and security.
• No extra cost when you are asking for additional cards for the co-applicants and authorized users.
• You can access cash worldwide of up to $500 or depending on your credit limit.
• Minimum credit limit is high at $1000 compared to other cards.
• The card is widely accepted in over 600, 000 locations in Canada and over 23 million all over the world.
• Travellers cheque is commission-free.

Apply Today! Capital One - Aspire™ Gold MasterCard®

Spend Less Than $2500 / Month - Rewards Cards

Card holders that belong to this category are those clients that spend less than $2500 per month. They are the type of card users who doesn’t like to spend much but get the full benefits of the credit card. This card holder keeps having a budget with their finances. They only purchase what is necessary and forget the things that would give them trouble in payment. They would not just spend any amount in using their credit cards but they are meticulous of the cash back or rewards they will collect. They are taking benefit of the promos that each specific card can present them. The more benefits that they will get, the higher the chances that they would apply for that credit card they need.

Capital One - Cash Back Guaranteed MasterCard® for Gas & Groceries

This best cash back credit card Canada is usually used by card holders for their purchases on gas and groceries because they are getting more on the cash back. It gives them much savings over their expenses. So, collecting cash back points every month becomes an advantage on their part in using the card. But card users must be responsible in the payment of their balance so that they will not be charged of interest fee. More cash backs are provided on the card details below.

This card has more benefits to offer:
• Credits used on gas purchases give you receive 2% cash back.
• In buying groceries, 2% cash back is given in return to your account.
• Every other purchase made with the card, the client will receive 1% cash back.

Scotia Momentum Visa™ Card

This credit card allows you to collect a generous cash back percentage for the retail purchases you have made with the card. If you are a big spender, then it won’t be a problem because there is no certain limit in the amount of point you can accumulate or collect from all the card transactions made. You can get cash back from gas, groceries and drugstore purchases. Get the full offers of the card so that the annual fee won’t bother you which is at $39. Moreover, paying the bills on the specified time or at the end of a month lets you get away from the interest of 19.99% on purchases and 21.99% on cash advances as well as balance transfers

Scotia Momentum Visa™ Card additional benefits:
• 2% cash back are given to card holders on purchases made either on gas, groceries or in a drugstore. It also includes recurring payments.
• 1% cash back on all eligible purchases with Momentum Visa card.
• Credit limit is at $500 which is higher compared to other credit cards.
• Save 20% discount to any AVIS Car Rental service you have purchase but allowed only to the participating locations.
• Electronic banking is available to check your account information, bill payments and mini-statements.

Cash Back Platinum MasterCard® with No Hassle Rewards™

Chase Freedom Visa $50 Bonus Cash Back

Chase Freedom Card has a lot of reward to offer. It starts off with the cash back of $50 during the first purchase made with the card. Moreover, a 0% introductory APR is also given along with the no annual fee policy. This is one of the best cards that you can pick. Check out more of its benefits and features below.

Chase Freedom Visa offers more than what is mentioned above:
• 5% cash back offers is returned to the card holder when purchasing gas, home improvement and department stores.
• Get additional 20% cash back when buying with the specific merchant online using the Chase credit card.
• 1% cash back for all the credit spent – no spending tiers or caps on how much you can earn.
• $50 bonus cash back during the card first purchase.
• No annual fee as well as introductory APR.

References

FCAC - Best Credit Cards in Canada

ExtraCreditCards.Com-Visa Cards

Best Visa Cards Canada

External Links

Canada Credit Cards - No Credit History

Canada CreditCard - See All the Card Comparisons

Visa Credit Card Offered

BEST CASH BACK CREDIT CARDS CANADA

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best low interest credit cards canada
- Posted April 03, 2010 by Monty Loree

Best Low Interest Credit Cards Canada

The perspectives of "Best Low Interest Credit Cards” are for people with good credit and people with bad credit. These credit cards presented here are coming from different card issuers who offer low interest rates when using the cards for purchases or any transactions. Compare and check every detail of the card, most especially on the features and benefits. In this way, you can decide which best low interest credit cards Canada to apply for and suit your needs.

All of these cards show in this article Carry a Balance.

Good Credit - Low Interest Credit Cards

Under this category are credit cards that offer low interest rates. These best low interest credit cards Canada are beneficial to card users who do so much purchasing or transactions with the cards. In case of financial problems and the user is unable to pay the bills that is due every end of the month, the card holder is only charged with minimal interests. It will not be a burden in the part of the card user as the interest rate is low and settlement of the account on the next billing date is more possible. Various types of best low interest credit cards Canada coming from different card issuers will be presented. Take a look on the unique characteristic of each card.

Capital One SmartLine™ Platinum MasterCard

Apply Today! Capital One - SmartLine™ Platinum MasterCard

This is one of the best low interest credit cards Canada that Capital One can offer. This credit card requires an excellent credit history which means that the card users have build up a credit history in the past during the start of his/her credit card usage. The client must not have any single penalties acquired and was obedient in following the rules or policies of the card issuer. The interest that comprises this card is at 5.99% which is best for individuals that save money on interest. This card is composed of benefits that would give the card holder utmost convenience.

More features of the card are listed below:
• No Annual Fee which means less responsibility on payments.
• 19.8% interest on Cash Advances is not a good rate for this kind of card service.
• 5.99% on Purchases and Balance transfers guaranteed for 3 years. This must require the card holder to sustain agreement status. The interest rate switches to a variable rate of Prime +3.75% on purchases and balance transfers after 3 years of being a card user for the company.
• Balance transfers don’t entail any fee or charges.

MBNA Gold MasterCard® Credit Card – Fixed 9.99% AIR

This best low interest credit cards Canada has a fixed annual interest rate of 9.99%. The required credit history for this card is at a good level. If credit card applicants haven’t made an excellent credit history, they could resort to this card. Soon, if they have gained an excellent credit history then they can shift to a higher credit card that offers maximum benefits. More benefits below to ponder on.

Here are some features of the credit card:
• No Annual Fee for the card holder.
• 9.99% Annual Interest Rate on Purchases and Cash Advances are offered and is considered a fair rate for the client.
• Around-the-clock fraud protection that gives assurance of safety and risk-free for the clients.
• Online access to your credit card account is available by just login in the internet with secured login password.
• 24-hour Customer service that is always ready to help.
• Immediate cash access at 430,000 ATMs internationally
• Emergency services like lost document and ticket replacement, lost luggage assistance, travel accident insurance, auto rental insurance are also catered on the services of the company.

CIBC Select Visa™ Card

CIBC Select Visa Card is offering a low interest rate of 11.5% to the card user. However, this credit card does have an annual fee of $29 which can already be considered cheap and affordable. Even though this card has an annual fee, it doesn’t affect the client’s usage of the card. The card holder can still use the card as much as he/she likes. Check further for the extra benefits of the card.

Additional card benefits below:
• It instantly gives the card holder $100,000 Common Carrier Accident Insurance that can be used to give a helping hand to the customer when they unfortunately get into an accident.
• When renting a car, AVIS Car rental give the client a whapping 20% discount to all participating locations only.
• In using a cheque, CIBC is offering free personalized Convenience cheques.
• You can get 3 maximum credit cards per account with no extra charge coming from the card issuer.

Apply Today! Capital One - Gold MasterCard®; 11.9% Guaranteed for 3 Years (as long as you pay your bills on time)!

Bad Credit - Low Interest Credit Cards

What you can see in this category are the credit cards that have low interest rates as well as cards that don’t require a good credit history. Usually, the credit cards here are guaranteed for new users who don’t have any credit history and for a client who has a bad or fair credit history. A variety of credit cards will be introduced along with their distinctive features and benefits. Evaluate each card and decide on what card captures your needs.

Capital One Low Rate Guaranteed Secured MasterCard®

Apply Today! Capital One - Low Rate Guaranteed Secured MasterCard®

This is a card that allows customers to start building their credit history. Every client that applies for this credit card has a guaranteed approval. One important feature is that the card offers a low interest rate as well as low annual fees. The interest rate is at 14.9% and the annual fee of $69 respectively. This is one of the better secured credit cards to apply for. To attract you more, check out the bonus card benefits below.

This credit card comprises these following features:
• Any application of the card has a guaranteed approval.
• Master RoadAssist™, MasterCard Global Service™ and MasterCard PayPass™ are use in tap-and-go pay system that gives less hassle for the client in payment as the card don’t need to be swiped.
• Low Interest rate of 14.9% on purchases and balance transfer that does not bring trouble to client during payment of balances.
• The customer service is on standby 24/7 through phone or online.
• Provides 0$ fraud liability for any unauthorized purchases done by the card user.
• Give you the chance in building a credit history.

Capital One Low Rate Guaranteed MasterCard®

Apply Today! Low Rate Guaranteed MasterCard®

This best low interest credit cards Canada allows the card users to use all the benefits of having a credit card. Capital One provides the client all the extravagance of renting a car, do online shopping or book hotel reservations. Having this credit card for your convenience, the credit history you are building will not be affected but instead grow to a higher level as long as no penalties are encountered. This card has a lot more to offer. Check it out below.

Other Capital One Guaranteed MasterCard benefits:
• Travel benefits offered: Master RoadAssistTM, MasterCard Global ServiceTM, MasterAssistTM Travel Assistance Service for client safety all the time.
• Travel accident insurance is also given aside from the safety assistance.
• MasterCard PayPass™ give convenience in paying bill for the card holder.
• Tap-to-Go system when using the card to have less hassle from card swiping.
• 27/7 standby customer service to phone or online.
• $0 fraud liability for unauthorized card holder using the credit card for any transactions.
• The Guaranteed MasterCard® additionally protects you with purchase assurance and extended warranty for the time the client is still rebuilding the credit history.

Low Interest Introductory Rates

The cards that belong to this category are those credit cards who offer through the low interest introductory rates. This usually involves the interest rates on purchase, cash advance or balance transfer depending on the card issuer. However, this offer is only limited for a span of time. Some card issuers give a time span of 3 month to 6 months while others reach a year or two. Pick the card that suits you as card benefits are displayed below.

Capital One® Platinum Prestige

This card requires an excellent credit history which means that card applicants who are eligible are only those who have build up an excellent credit history. This card has a 0% annual interest rate only for purchases and balance transfer until May 2011. Clients would get more savings for this card due to the 0% APR. However, once the date has passed, everything will be back to normal. So, for clients who are planning to have this credit card, maximize the features of this card by using the card as often or most of the time before the due date will be reached.

Here are extra benefits of the credit card:
• No annual fee is charged for this card.
• 3% interest of the amount for cash advances but not less than $10.
•Travel benefits offered: Master RoadAssistTM, MasterCard Global ServiceTM, MasterAssistTM Travel Assistance Service for client safety all the time.
• Travel accident insurance is also given aside from the safety assistance.
• MasterCard PayPass™ give convenience in paying bill for the card holder.
• Tap-to-Go system when using the card to have less hassle from card swiping.
• 27/7 standby customer service to phone or online.
• $0 fraud liability for unauthorized card holder using the credit card for any transactions.
• 3% interest on balance transfer after May 2011.
• After May 2011, the APR returns back to 24.90% on cash advances and 11.90% on purchases.

Citi® Platinum Select® MasterCard®

This is an attractive credit card only for clients who do have good or excellent credit history. The introductory interest rate offers start with the balance transfer which is 0% as well as on purchases for 18 months time. This card doesn’t have any annual fee charges. This card allows a lot of savings for the client for a specific period of time. However, after the 18 months grace period given, the card users still can save but not as much as having the introductory rates. List of additional benefits are given below.

Here are the features of the credit card:
•Having the card you may become eligible for an unsecured card after 18 months of card usage.
• $0 liability on unauthorized charges made into the client account.
• Citi® Identity Theft Solutions protects the account and personal information of the card holder.
• No required income or co-signer to start building a record of account performance.
• With retail purchase protection, the items purchased with your card are safe against accidental damage or theft for up to 90 days from the day the product is bought.
• Tap-and-go system of Citi MasterCard® Payment Tag with PayPassTM is a new innovation where you just tap your card rather than the old system of swiping it.
• Citi® Credit Card Benefits & Services offers cash or rewards such as American Airlines® awards and travel benefits to cash back and college saving.
• APR on purchases is as low as 9.99%.
• 3% interest rate for cash advance and balance transfer with a minimum amount of $5.

Slate from Chase

Slate from Chase credit card gives you the capacity to propose your own payment arrangement. There are four ways to pay off your balance and these are the following: Full Pay, Split Pay, Finish It and Track It. Full Pay allows you to keep away from paying interest on everyday items, such as gas and groceries, when you pay settle your balance each month. These are routinely divided on your billing statement. Split Pay allows you to pay off larger purchases on your own provisions, you create a date or do monthly payment and these items will be made into half reflected on your statement. Finish It allows you to pay down your whole balance sooner by making a date or paying at the end of the month. Track It allows you to take note of your transactions and check your payment development in real time.

The introductory period is based on the application and level of credit history. If you qualify for Elite and Premium Pricing, you will be granted a 0% annual percentage rate on purchases and balance transfers for the first 6 billing cycles following the opening of the account. If you qualify for Standard Pricing plan, you will enjoy a 0% APR on balance transfers for the first 6 billing cycles of the account opening.

Chase credit card offers the following as additional features:
• 0% APR up to 12 months is offered by the card issuer.
• The APR on purchases is at 11.24%.
• When having cash advances, the APR is at 19.24%
• No annual fee is charged to the card holder.
• Balance transfers have an interest of 3% with a minimum of $5 while cash advances have a minimum of $10.
• Dedicated service advisors are on standby 24/7.
• No annual fee charge even if the card company is giving all the card benefits it can offer.

References

Best Secured Credit Cards Canada

Best MasterCard Credit Cards Canada

Best Capital One Credit Cards Canada

Canadian Money Advisor - Low Interest Cards

External Links

Low Cards Products

Low Interest Credit Cards Directory

Best Canadian Credit Cards

BEST LOW INTEREST CREDIT CARDS CANADA

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credit card rewards program canada
- Posted April 03, 2010 by Monty Loree

Credit Card Rewards Program Canada

Card holders that fit in to this category are considered convenience users as they used the card credit and pay off their bills or credit balances in a monthly basis. They are making use of the credit card for their transaction on top of collecting rewards points. The gathered points can then be redeemed with different kinds of rewards that a card company offers the card user. A common rewards program that is usually given by the card issuers are travel rewards which permits the card holder to collect Miles points or Aero point depending to which the card company is linked with rewards credit card Canada.

Additionally, cash backs programs are also obtainable as a rewards program in which definite percentage of the purchases made or the total amount of credit used is returned to the card holder. These cash backs are typically given through a cheque or adding it up to the card holders account. Other rewards program aside from what is available is used by other card companies or banks. The entire possible rewards program will be present as you go along with the article.

Good Credit - Doesn't Carry a Balance

Travel Credit Cards – AirMiles and Aeroplan Points

The Travel rewards credit cards are the type of cards that give AirMiles or Aeroplan points to the card holder for every purchase made using their credit card. They can use these accumulated points to book flight tickets as long as their points have reached the minimum required points equivalent for a particular reward. Other rewards that can be redeemed with the points are hotel reservation, car rentals, financial insurances and many more. It would be best if the card user will check out the card companies’ website for the list of allowable rewards.

CIBC Aerogold® Visa™ Card

Capital One Miles Platinum Plus MasterCard™

Aspire Gold MasterCard®

This credit card would offer a secure online application which gives the card applicant assured security. This card offers good benefits that are of advantage of the card user. Check out more of this card's benefits.

Aspire Gold MasterCard® benefits:
• Earn reward miles every time the card is used.
• No Annual Fee for this credit card.
• Earn 1 reward mile for every $1 spent on everything you buy or purchase.
• 5,000 bonus reward miles with your first purchase using the card.
• 1,000 anniversary bonus reward miles every year given to the card holder.
• Redeem for travel, cash, merchandise or gift cards using the points accumulated or collected.

BMO Gold AIR MILES MasterCard®

This credit card gives the card user point bonuses. In addition, the card provides discount on flights booked with Air Miles and double up points when doing transaction with Shell Stations and National Car Rental & Alamo Rent A Car. This Gold Credit Card Canada card offers everything that the card company can provide for the card holder to enjoy.

BMO Gold AIR MILES MasterCard additional benefits:
• 150 bonus reward miles instantly given with your first card purchase.
• Exclusive 25% discount on the number of reward miles required for all AIR MILES flights worldwide.
• BMO Travel Protection including Collision Damage Waiver coverage for car rentals. Save money for about $29/yr.
• 1 AIR MILES reward mile for every $15 in card purchases.
• Double reward miles at Shell locations in Canada once doing a purchase or avail any services.
• Double reward miles at National Car Rental & Alamo Rent A Car locations worldwide.
• 19.5% interest rate for this credit card.
• $99 annual fee is charged by the card company.

MBNA TravelRewards Platinum MasterCard

CIBC Aero Classic Visa Card

Earning valuable Aeroplan Miles on all card spending made everyday. In addition, card holder will receive a Welcome Bonus of 2,500 Aeroplan Miles when the card is used for the first time. Other card benefits are listed below for you to check.

CIBC Aero Classic Visa Card detail benefits:
• Receive 1 Aeroplan Mile for every two dollars you spend on the card in any transactions.
• Receive up to double Aeroplan Miles when you use your CIBC Aero Classic Visa Card. It can be used to dine, golf, or stay at any participating CIBC Bonus Rewards establishment.
• A guarantee from CIBC that you will not lose any of your Aeroplan Miles due to 12 months of account inactivity.
• Enjoy unsurpassed acceptance of the card across Canada, and in over 24 million locations worldwide.

Capital One® No Hassle Miles Rewards

Aspire™ World MasterCard®

This credit card would offer a secure online application just the same with Aspire Gold MasterCard. it also gives the card applicant assured security. This card offers good benefits and features that are of advantage of the card user which is convenient to use. This card Check out more of this card's benefits.

Here are some features of the credit card:
• Earn more reward miles - on everything you buy using the card.
• Earn 2 reward mile for every $1 spent - on everything you purchase with the card.
• 35,000 bonus reward miles with your first purchase of the credit card.
• 10,000 anniversary bonus reward miles every year.
• Redeem for travel, cash, merchandise, gift cards and more.
• World MasterCard benefits including Travel Emergency Medical Insurance and Trip Cancellation Insurance.

Cash Back Credit Cards – Rewards Points Cards

Cash Back credit cards are those kinds of cards that give back a certain percentage of cash or money to the card holders. The source of the cash back comes from the purchases made with the credit card. Usually these cash backs range from 1% to 3% depending on the bank or card company. These are returned back on the account of the client annually. Some of the card issuer returns the cash back during the month of December or January. Other offers a their cash back returns any time as long as the card holder have accumulated the specified amount of cash back in their accounts.

Spend More Than $2500 / Month - Rewards Cards

Capital One - Cash Back Gold MasterCard®

MBNA PremierRewards® Platinum Plus® MasterCard®

Capital One - Cash Back Plus Platinum MasterCard® The more you spend, the more you'll save.

MBNA WorldPoints Rewards MasterCard

CIBC Dividend Card®

TD Rebate Rewards Visa Card

The Rebate Rewards Visa Card is a credit card that doesn’t charge an annual fee. It is the cash back credit card that gives you cash back on your daily purchases with your annual rebate. Once you use your no-fee Rebate Rewards Visa Card to have purchases, you'll earn a cash rebate of a certain percentage on the total purchases charged to your card. The more you use your Rebate Rewards Visa Card in your transaction, the greater the money you get back. Watch out for the interest of this card. Pay your bills on or before its due date.

Here are other benefits of the card that is offered:
• 0.5% cash back is given on the first $3000 worth of net annual purchases made with the card.
• Additional 1% cash bank on the net annual purchase above $3000 to a maximum of $25, 000 on the credit card.
• Cash back are credited every January directly into the client’s account and statement account would show your total cash back earned.
• Pay on the Visa payWave technology where you can secure and have easy contactless payment system that's faster and more convenient than paying with cash.
• The card issuer uses the Chip Enabled Technology which give each client identical pin for security of their accounts.

For example, if net annual purchases on your cash back credit card total $15,000, you will earn cash reward of $135 ($15 for the first $3,000 in purchases and $120 for the additional $12,000.) You have just earned $135 from using your Card for everyday purchases which could be used for extra other purchases. Think of the amount of money you can save when you use your credit card everyday in every transaction you are dealing with.

BMO Premium CashBack MasterCard®

RBC® Cash Back Visa Card

This card would give you the convenience of not using a card and instead use the RBC Cash Back Visa. They give 1% cash back credit starting from the groceries you have bought, the gas you have filled your tank and a lot more. In every purchase you made with the card, there is corresponding cash back. Using the card and looking at your cash back balance every month makes you overwhelmed on how it adds up.

What do the card offers you with its benefits:
• 5% cash back is earned on groceries purchased. In addition, 5% cash back credit when buying groceries at the participating stores using the credit card until December 31, 2010.
• Earn 1% cash back on all other qualifying transactions made with the card when you make for pre-authorized payments on the Cash Back account.
• When you use your Custom Switch, you are given up to $25 cash back bonus.
• In paying for small purchases, the company gives the Visa pay Wave for client comfort, safety and security.
• No extra cost when you are asking for additional cards for the co-applicants and authorized users.
• You can access cash worldwide of up to $500 or depending on your credit limit.
• Minimum credit limit is high at $1000 compared to other cards.
• The card is widely accepted in over 600, 000 locations in Canada and over 23 million all over the world.
• Travellers cheque is commission-free.

Spend Less Than $2500 / Month - Rewards Cards

Capital One - Cash Back Guaranteed MasterCard® for Gas & Groceries

Scotia Momentum Visa™ Card

This credit card allows you to collect a generous cash back percentage for the retail purchases you have made with the card. If you are a big spender, then it won’t be a problem because there is no certain limit in the amount of point you can accumulate or collect from all the card transactions made. You can get cash back from gas, groceries and drugstore purchases. Get the full offers of the card so that the annual fee won’t bother you which is at $39. Moreover, paying the bills on the specified time or at the end of a month lets you get away from the interest of 19.99% on purchases and 21.99% on cash advances as well as balance transfers

Scotia Momentum Visa™ Card additional benefits:
• 2% cash back are given to card holders on purchases made either on gas, groceries or in a drugstore. It also includes recurring payments.
• 1% cash back on all eligible purchases with Momentum Visa card.
• Credit limit is at $500 which is higher compared to other credit cards.
• Save 20% discount to any AVIS Car Rental service you have purchase but allowed only to the participating locations.
• Electronic banking is available to check your account information, bill payments and mini-statements.

Cash Back Platinum MasterCard® with No Hassle Rewards™

Chase Freedom Visa $50 Bonus Cash Back

Chase Freedom Card has a lot of rewards to offer. It starts off with the cash back of $50 during the first purchase made with the card. Moreover, a 0% introductory APR is also given along with the no annual fee policy. This is one of the best cards that you can pick. Check out more of its benefits and features below.

Chase Freedom Visa offers more than what is mentioned above:
• 5% cash back offers is returned to the card holder when purchasing gas, home improvement and department stores.
• Get additional 20% cash back when buying with the specific merchant online using the Chase credit card.
• 1% cash back for all the credit spent – no spending tiers or caps on how much you can earn.
• $50 bonus cash back during the card first purchase.
• No annual fee as well as introductory APR.

References

ExtraCreditCards.Com

Reward Credit Cards

Canadian-Money-Advisor Reward Cards

External Links

Canadian Credit Cards

FCAC - Best Credit Cards in Canada

Best Credit Cards Comparison

References

External Links

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travel credit card canada
- Posted April 03, 2010 by Monty Loree

Travel Credit Card Canada

Travel credit cards are one way to get the best out of your credit cards. Aside from buying the goods and merchandise that you need everyday, you are able to enjoy the benefits of travelling to your desired destinations for free.

However, we also must consider the type of payer you are. This card basically works best for people who has a good credit and those who don't carry a balance. With this kind of setup, for every transaction that you make, you earn a point that will be redeemable for travel once it reaches a certain level.

Now, let's look into the insurances that the travel credit cards Canada offer.

Insurances that the Card Covers

Accident

Travel accident insurance covers accidental death and dismemberment when you, your spouse or any dependent children travel on a common carrier (plane, train, bus or ship). To be eligible for this insurance, you must have bought your tickets with your credit card.

Trip Cancellation or Interruption

If an illness, injury or other covered cause prevents you from starting your trip, you'll be covered for up to a certain amount of eligible cancellation expenses per eligible person. Eligible expenses include the cost of unused travel arrangements that were charged to your card or, with pre-approval, the cost of leaving later for your trip.

Also, if a covered cause prevents you from completing your trip, you'll be covered for up to a certain amount of eligible trip interruption expenses per eligible person.

If you need to file a claim for a canceled trip, you’ll need:
-proof from the airline that the trip was canceled or
-a doctor’s note (in the case of a medical emergency) or
-a death certificate (if your trip was canceled due to a death in the family).

Medical

Travel medical insurance covers, up to a certain limit, some medical expenses when you travel outside your province of residence. These expenses could include: medical consultation charges, hospitalization charges, ambulance service fees, etc. Your spouse and any dependent children may also be eligible for benefits when traveling with you.

Car Rental

Use your eligible card to charge the full cost of a car rental and the Auto Rental Collision/Loss Damage Insurance program will cover you at no additional cost. Travel Credit Card Canada. This insurance coverage means you do not need to purchase the collision/loss damage insurance coverage offered by the car rental company. You'll be protected against loss arising from damage to the rental car on most rentals in North America and many foreign countries.

Flight Delay

Flight delay insurance covers reasonable and necessary hotel, motel or restaurant expenses, up to a certain dollar amount, when your flight is delayed or you are denied boarding for a period of time, and no alternate transportation is available. Your spouse and any dependent children may also be eligible for benefits when travelling with you.

Baggage

If your checked baggage is lost or delayed by more than six hours from the time of arrival at your final destination, you, your spouse and dependent children can be reimbursed up a certain amount. This includes the cost to replace essential items purchased before the baggage is returned to you, and the replacement cost of personal property that is not covered by the airline or other insurance if your checked baggage is never returned.

Purchase Protection and Extended Warranty

If an eligible item that you purchased in full with your travel credit card is stolen or damaged within 90 days of purchase, it may be replaced or repaired or you will be reimbursed for it. If the item comes with a manufacturer's warranty, you may be entitled to double the warranty period by up to 12 additional months.

Travel Rewards Credit Cards Canada

MBNA - WorldPoints
Capital One - No Hassle Rewards

AIRMILES

In order to earn points, you need to have an Airmiles Collector Card where you can turn your everyday purchases like groceries and gas into Airmiles Reward miles in which you can then avail for the thing you really want, like dream vacations, home theatres to entertain the whole family, relax on a movie, have an unforgettable date with your loved one or just be free to unwind and explore the world.

Earning reward miles is easy and quick through the featured offers and promotions that these companies, shops and boutiques offers. You will never know that your reward miles are doubling up in point as you purchases things for your day to day needs especially hitting on those promos that offers additional points. Travel Credit Card Canada. You can earn point with almost everything, from auto care and services to electronics, grocery, drugstore and beverages and also through financial and insurance service. There are a lot more of sources of these Airmiles Reward points.

Another ways of earning reward miles is through Airmilesshops.ca where you can just easily log in at home and buy the goods you need with the equivalent points to earn. A lot of featured online sponsors are being advertised, showing how great they would provide points when you purchase their products. This is a hassle-free way of accumulating point and get closer to your dreams.

Collecting Air Miles rewards is made easy. All you just need is first carry your Air Miles Collector card with you. Second, present your Air Miles Collector card when you make qualifying purchases from a sponsor. And lastly, build up your Air Miles reward miles and then exchange them for travel, leisure and entertainment or merchandise rewards. This is why Air Miles rewards are within your reach.

AEROPLAN

The Aeroplan Program is an incentive program for its frequent flyer customers who love to travel and go around the world. Fly and avail a lot of benefits depending on the membership you have gained form Aeroplan.

There are 4 levels of membership in Aeroplan: Basic, Prestige, Elite, and Super Elite; the latter three are the "Top Tier" membership levels. These Top Tier levels provide travel benefits such as upgrades, lounge access, priority services (e.g. check-in, luggage handling) and more. In order to qualify for one of the three Top Tier levels, the member must earn a certain number of "status miles" or fly a certain number of "status segments" in a given calendar year (thus qualifying that member for the next benefit year). Travel Credit Card Canada. Prestige members have Star Alliance Silver status while Elite and Super Elite members have Star Alliance Gold status. Flying frequently give you the fast pace of getting the top membership giving you unlimited benefits that Aeroplan can offer.

Join Aeroplan-and you'll bring yourself closer to getting where you want to go or living out what you've always wanted to experience. Today's Aeroplan is all about getting the most out of life-with a world of flexible travel options available. In fact, did you know that Aeroplan is Air Canada's largest reward ticket issuer, with a new trip booked approximately every 22 seconds? What's more, there are over 400 Aeroplan Rewards for you to choose from, such as gourmet getaways, electronics, entertainment, sports events, even spa packages. And Aeroplan continues to add new rewards all the time. Aeroplan is Canada's premier rewards program-for frequent flyers and credit card accumulators alike-backed by the best customer service agents in the business. That's what we mean by miles and possibilities.

After all, Aeroplan is the largest and most extensive frequent flyer program, and a leading loyalty program, in Canada. And we're always on the lookout to bring you even more ways to increase your miles and enjoy the benefits.

NO HASSLE REWARDS

Free from being rushed or being hassled by your purchases, bookings and reservations, Capital One offers everything hassle-free.

You’ve probably seen the commercials recently with a not-so-effective guardian angel trying to look after a person while they experience ongoing accidents and pain. But, when it really is important — as in when the person is about to use the wrong credit card to pay for something — the angel saves the day by ensuring the credit card cardholder uses their Capital One No Hassle Rewards Visa card.

Another Capital One No Hassle feature involves being able to redeem rewards earned on the card for more than just cash, including merchandise, gift certificates and free airline travel.

RANGE OF ANNUAL FEES

Annual fees are basically fees that are paid annually or per year. In the context of having credit cards, annual fees are obligatory amounts that are required by the credit card company for the credit card user to pay each year.

Annual fees vary from one credit card to another. Some companies charge as low as 25$ per year while other charge as high as 500%. You may wonder, “Why does other credit card companies charge as high as that while others don’t even have an annual fee to pay?”

Well, annual fees differ depending on the type of credit card that the user holds. If the credit card user has a credit card that has benefits such as travel rewards, insurances and memberships, then the annual fee of this credit card user is apparently higher than the one who is just using a basic low-interest credit card with limited benefits.

In some instances, annual fees can be waived according to the arrangement that has been set between the user and the credit card company.

For example, Capital One No Hassle Miles Rewards has no annual fee to be paid each year, whether the credit card was used or not. On the other hand, the Visa Black Card which has one of the most luxurious and most lavish benefits when travelling has an annual fee of $495.

RANGE OF ANNUAL INTEREST RATES

Annual Interest Rates, or otherwise known as APR (Annual Percentage Rates), are the fees that you will pay in interest charges every year. The amount that will be paid depends on the credit card’s APR and the existing balance in that account.

APR’s typically range from 3% to as high as 30%. For someone who has applied for a credit card the first time or someone who doesn’t have a good credit history, the APR in that card is relatively high. On the contrary, somebody with a good credit rating and is a good payer, is entitled to have a credit card with a low APR.

As mentioned, the annual interest rates can also depend on the account’s existing balance. For example, you have charged $100 on your credit card which has an APR of 15% and the minimum monthly payments were only $2 per month. However, with that APR and not paying the credit in full, it would take over a couple of years to settle your charges. And with the credit of only $100, after paying the entire term, you have reached paying them $150 in return. Now, don’t you think APR is very important in choosing your card?

References

http://creditcards.lovetoknow.com/What_Is_APR

http://en.wikipedia.org/wiki/Annual_percentage_rate

http://www.creditcardfinder.com.au/credit-card-travel-insurance-policies.html

Travel Credit Card Canada

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points credit card canada
- Posted April 03, 2010 by Monty Loree

Points Credit Card Canada

The points credit cards in Canada that are presented are different kinds of card that offer rewards points. These points either be for travel in which you can claim or redeem flight tickets when you exchange the points you have earned. Usually miles and Aeroplan points are given. There are also other rewards points in which you can redeem some gift certificates, cash cheques or get some merchandise. Clients that do use this type of cards are considered convenient users as they use the card for their business and personal transaction. They then pay off their bills every month. These cards do have high interest rate that is why people who do utilize these cards are earning good income and can afford to pay what they owe from the Card Company or Bank. Some of these credit cards do have annual fees to pay but others don’t have any. It will depend now on what card will you pick out of the many points credit cards available in Canada.

All of these cards offer points every time the credit card is used for purchases where the card user has spent an amount of money. Each card does give different amount of points and other give additional bonus or extra points depending on their card promo. It is better that you check each of the credit card as well as their benefits. In that way, you can select the best suitable card for you that provide you total and complete advantage of their cards.

Excellent and Good Credit - Doesn't Carry A Balance

Compare each of the credit cards especially on the amount of points that is given based on the amount of dollars spent. Take note also for extra bonus points that is given instantly during anniversary celebration of the card company or bank. Points are also given during first card use on any transaction. The number of points differ depending on the card issuer.

Platinum Points Credit Cards

Capital One Miles Platinum Plus MasterCard™

MBNA TravelRewards Platinum MasterCard

Visa Platinum Avion Credit Card

This is an excellent travel rewards card that allows the card holder to earn RBC Rewards points with every purchase made using the credit card. Redeeming for flights on any airline is assured with no blackouts as well as seat limitations. Platinum Credit Card Canada. in redeeming for any merchandise, gift cards/certificates and more it can be done through an online process or on their redemption centers allocated by the card company. With this platinum card, the optimum benefits are given and promos are mostly available for the card holder.

Visa Platinum Avion card benefits and features:
• Flexible points redemption options such as air travel on any airline, anytime with no blackout periods or seat restrictions guaranteed.
• Earn 1 RBC Rewards point for every dollar you spend using the credit card.
• Air travel rewards start as low as 15,000 points for this card.
• Choose from other travel rewards offered by the card company including packaged holidays, hotels, car rentals, rail travel, cruises and tours.
• Redeem for any of our specially selected merchandise items, gift certificates or investment rewards using the earned rewards points.
• Earn RBC Rewards points faster with travel bookings with the Carlson Wagonlit Travel.
• Additional RBC Rewards points will be given once client avails the RBC Rewards Dining Program and Thrifty Car Rental.
• Exchange RBC Rewards points for Esso Extra points is allowed for this card.
• Option to transfer RBC Rewards points to Asia Miles or BA Miles is also granted by the card company.
• Minimum credit limit of $1,000 is assured for this card.
• Chip and PIN technology to safeguard your card from fraudulent use and Zero Cardholder Liability eliminates your liability for fraudulent card transactions, provided you take reasonable precautions to protect your PIN and your card, as set out in your RBC Royal Bank Credit Card Agreement.
• Visa PayWave for speed, convenience and security when paying off for any small purchases made with the card is provided.

Cathay Pacific Visa Platinum Credit Card

The RBC Cathay Pacific Visa Platinum card is the only credit card in Canada that allows the card holder to earn Asia Miles points for international flights to over 900 destinations, upgrades and more services. With the Visa Platinum card, card user easily earnes Asia Miles point in order to enjoying special benefits and valuable insurances. This credit card is best for clients that are frequent flyer as they can take full advantage of the cards benefits and features.

Cathay Pacific Visa Platinum card details:
• 5,000 Bonus Asia Miles upon approval of the card.
• Earn 1 Asia Mile for every $1 dollar spent with the card.
• Double Asia Miles for each $1 spent on Cathay Pacific airline tickets purchased through the website of the company which is www.cathaypacific.com
• 31-Day Out of Province or Country emergency Medical Insurance given.
• Complimentary membership (Green Tier) into The Marco Polo Club for principal cardholder and a fee waiver worth $50 USD.
• 2 Asia Miles for every $5 HKD spent on in-flight purchases with a minimum net purchase of $500 HKD.
• Earn more Asia Miles from a wide selection of Asia Miles partners.
• Worldwide Access to Cash Advances up to $1,000 daily.
• Minimum $1,000 credit limit assured for this card.
• Commission Free Travellers Cheques are offered by the card company
• Enjoy the convenience and protection of the Credit Card with purchase related insurances.
• Zero Cardholder Liability eliminates your liability for fraudulent card transactions, provided you take reasonable precautions to protect your PIN and card set out by the RBC Royal Bank Credit Card Agreement.
• Accepted at more than 600,000 locations in Canada and over 20 million locations worldwide.
• Guaranteed hotel reservations for the card holder.
• Chip and PIN technology for enhanced security service comprises the credit card.

Gold Points Credit Cards for Canadians

CIBC Aerogold® Visa™ Card

Travel rewards are the most special feature of this card. It gives a lot of benefits for people who loves to travel for leisure or for business purposes. It also offers points credit cards that can be redeemed with equivalent rewards based on your points earned. The exclusive benefits are listed below. Best Visa Credit Card Canada.

List of CIBC Aerogold Visa™ Card benefits
• 15, 000 bonus Aeroplan® Miles on the first purchase of the card which is equivalent to one economy class short-haul flight at the ClassicFlight® reward level.
• Earn 1 Aeroplan Mile every time a dollar is spent by the card user.
• 1.5 Aeroplan Miles awarded for purchasing gas, groceries and items from the drugstores.
• Aeroplan participating partners also give additional points when you use the card at their stores or shops.
• Air Canada and Air Canada Jazz including Executive Class/Executive First 1 are given free access for the card users for the available seat only.
• CIBC guarantees the client that points earned will not be lost even being inactive for 12 months.

Aspire Gold MasterCard®

This credit card would offer a secure online application which gives the card applicant assured security. This card offers good benefits that are of advantage of the card user. Check out more of this card's benefits.

Aspire Gold MasterCard® benefits:
• Earn reward miles every time the card is used.
• No Annual Fee for this credit card.
• Earn 1 reward mile point for every $1 spent on everything you buy or purchase.
• 5,000 bonus reward miles points with your first purchase using the card.
• 1,000 anniversary bonus reward miles every year given to the card holder.
• Redeem for travel, cash, merchandise or gift cards using the points accumulated or collected.

BMO Gold AIR MILES MasterCard®

This credit card gives the card user point credit card bonuses. In addition, the card provides discount on flights booked with Air Miles and double up points when doing transaction with Shell Stations and National Car Rental & Alamo Rent A Car. This Gold Credit Card Canada card offers everything that the card company can provide for the card holder to enjoy.

BMO Gold AIR MILES MasterCard additional benefits:
• 150 bonus reward miles instantly given with your first card purchase.
• Exclusive 25% discount on the number of reward miles required for all AIR MILES flights worldwide.
• BMO Travel Protection including Collision Damage Waiver coverage for car rentals. Save money for about $29/yr.
• 1 AIR MILES reward mile for every $15 in card purchases.
• Double reward miles at Shell locations in Canada once doing a purchase or avail any services.
• Double reward miles at National Car Rental & Alamo Rent A Car locations worldwide.
• 19.5% interest rate for this credit card.
• $99 annual fee is charged by the card company.

Other Points Credit Cards in Canada

MBNA WorldPoints Rewards MasterCard

This best mbna credit cards canada has been the most rewarding MasterCard as it gives you instant 1.000 world points as an introductory reward. With that, you can avail right away of its offered rewards even without using or earning points yet with your card. You have just simply got a card and receive a reward in return.This rewards points credit card has a lot of features to get to know too.

Here is the list of its card features:
• You easily Earn 1 world point for every dollar you have spent.
• With your first qualifying transaction, you can instantly earn 1,000 bonus WorldPoints.
• Once you reach a certain number of point, you can redeem WorldPoints rewards either of your choice whether spend it for travel or for merchandise or both at the same time.
• Redemption level is at 1,000 WorldPoints which mean that the moment you got the card with the instant 1,000 WorldPoints, you can avail a certain reward equivalent of the points you have
• Annual fee is cheap compared to other rewards cards which are only at $29.

Aspire™ World MasterCard®

MBNA PremierRewards® Platinum Plus® MasterCard®

A rewards credit card that pays you back with what you have spent for. It allows its customer to make their dollar spent to go as far as possible. This means that this company allows their card holders to enjoy the rewards they have prepared especially to those clients who spent much using their card and accumulate numerous points. It could be then exchange with surprisingly great items or merchandise. It can even become certificate for groceries, gas or for shopping.Check on the features of this rewards credit card and compare to which features and offers you are fascinated on.

Here are its features:
• As commonly offered by rewards credit card points. This card has No Annual Fee as well.
• 1% back on all net retail purchases when buying merchandise or any transactions that you have used your rewards card.
• There is a yearly automatic rewards crediting in your account once you have availed with their promos especially those that are offered in the company’s website.
• Regarding with points, there is an enticing policy of No spending limits or earning limits. Customers can earn points as much as they can and redeem rewards equivalent to their accumulated points.
• There is Exclusive platinum benefits and peace of mind for the card holder that provides less risks and hassle.
• Booming credit limit of up to 100,000 is offered by the card issuer giving the customer a wider range to spend on their credits.
• Customer service is always present 24/7 for any inquiries or problems that these card holders may encounter when using their credit cards.

Chase Sapphire Card

This credit card gives much bonus reward points which gives you the freedom to grab the rewards available using the bonus points earned. Travel, gift cards, merchandise, cash back and more are examples of the rewards it offers. Check the other benefits and compare it with other cards.

Chase Sapphire Card offers the following as additional features:
• Earn $100 in rewards which is equivalent of 10, 000 bonus points to use for redemption of surprises.
• Double points gained on flight tickets booked through Ultimate Rewards and single point for purchase made with the company.
• No points expiration and no limitation of how much point earned.
• Premier travel and purchase protection benefits given to the client.
• Dedicated service advisors are on standby 24/7.
• No annual fee charge even if the card company is giving all the card benefits it can offer.

Capital One Venture Rewards Credit Card

CIBC Aero Classic Visa Card

Capital One® No Hassle Miles Rewards

References

Canadian-Money-Advisor Credit Cards

Canadian Credit Cards

Best Credit Cards in Canada

Cash Back MasterCard Credit Card Canada

Cash Back Visa Credit Card Canada

Rewards Points Credit Card Canada

External Links

List of Top Visa Credit Cards

Canadian Credit Cards

FCAC - Best Credit Cards in Canada

Best Credit Cards Comparison

MBNA Credit Cards

Credit Card Reviews

Points Credit Card Canada

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platinum credit card canada
- Posted April 03, 2010 by Monty Loree

Platinum Credit Card Canada

Platinum credit cards are the kinds of cards that provide the card user all the possible benefits and features that a card company can give. Usually, the benefits are unique in the sense that it is not offered to the other cards that a specific card company offers. The benefits are commonly exclusive for the credit card and it is the finest among the other cards in the market. Having the platinum credit card entails the client to have a good or excellent credit history and would be suitable for customers that have savings to pay off the high interest rate as well as the annual fee. This cards is only offered to elite individual who are trustworthy and is not considered a risk for the card company. Credit limits for these type of cards are high that everything is mostly covered.

Balance Transfer Credit Cards – Platinum Cards

When a card holder gets a platinum credit card, the card user is entitled of low introductory interest rates on balance transfer as well as the cash advances. This low interest promo is just available for only a few months to a year. After which, the interest rate goes back to its normal rate of charging. Aside from the low interest rate, the credit card also has a high credit limit which is usually above $100,000 compare to other cards having only a maximum of $50,000. Platinum Credit Card Canada. That is why card holders of this type of credit card are financially stable to pay off any charges especially on the interest which are too high.

Several of the best Balance Transfer Credit Cards under the platinum cards category are presented below along with their benefits and features.

MBNA Platinum Plus® MasterCard® Credit Card – 1.99% for 10 months

Capital One SmartLine™ Platinum MasterCard

Cash Back Credit Cards – Platinum Cards

Capital One - Cash Back Plus Platinum MasterCard®

This credit card entitles the card user the chance to get a cheque or statement credit after accumulating more than $15 in points. The rewards offered for this best cash back credit card Canada is more on the cash back reward compared on other possible gift rewards. This card does have an annual fee of $99. Platinum Credit Card Canada. It is better to use the card to its maximum limit to be able to enjoy the rewards more than the fee. Be conscious of the due dates of payment as the card comprise a 19.8% interest. So, card holders should pay their bills monthly to avoid the interest.

The Cash Back Plus Platinum card allows you to gain points through following ways:
• For purchases up to $10,000 you get 1% cash back annually as the company offers such benefit.
• When purchases reach between $10,000.01 and $20,000 you'll collect 1.5% cash back annually
• In purchases over $20,000 you'll collect 2% cash back annually to the client account.
• There is no limit on the number of points earned
• When doing balance transfers or cash advances, these transactions are not entitled of points and cash backs.
• Platinum Credit Card Canada

MBNA Premier Rewards® Platinum Plus® MasterCard®

Low Interest Credit Cards – Platinum Cards

Citi® Platinum Select® MasterCard®

The Citi® Platinum Select® Card is one of the best balance transfer and low purchase APR credit cards offered in the market. This is the top card when it comes to transfers. With one of the lowest regular APRs, this card also gives you 18 months from date of account opening to transfer high-interest balances. Zero liability on unauthorized purchases and online account management features make this a great card. In addition to the 0% APR on balance transfers and purchases for the first 18 months, you can also enjoy the benefits of no annual fee.

Citi® Platinum Select® Card offers more benefits below from the credit card:
• 0% Intro APR on balance transfers for 18 months and 0% Intro APR on purchases for 12 months. After that, the APR will be 11.99%-19.99% based upon your creditworthiness. This APR will vary with the market based on the Prime Rate.
• Extra Cash from Citi is enjoyed through discounts on gift cards,travel, merchandise and more for the card holder.
• Citi® Identity Theft Solutions services provided.
• Secure and free online account management for this credit card.
• No annual fee policy for the card.
• Platinum Credit Card Canada

MBNA Platinum Plus® MasterCard® Credit Card – 1.99% for 10 months

Capital One SmartLine™ Platinum MasterCard

Rewards Credit Cards – Platinum Cards

Visa Platinum Avion Credit Card

Cathay Pacific Visa Platinum Credit Card

Cash Back Platinum MasterCard® with No Hassle Rewards™

References

Best Credit Cards in Canada

Gold Credit Cards Canada

Platinum Credit Cards Canada

Rewards Credit Card Canada

External Links

List of Top Visa Credit Cards

Canadian Credit Cards

FCAC - Best Credit Cards in Canada

PLATINUM CREDIT CARDS CANADA

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gold credit card canada
- Posted April 03, 2010 by Monty Loree

Gold Credit Card Canada

Gold credit cards are the type of cards that gives the card holder most of the features and benefits that the card company can offer. These cards do have an edge over the classic credit cards as these cards can give you additional benefits which are not available with other conventional cards. Commonly, these cards require a good or excellent credit history which mean that person who do have this kind of cards are those people who have been using credit cards in the past and are responsible with their settlement or paying off their billing statements on time. This people also are keen in avoiding any penalties or charges as they are keeping their credit history status at a good level.

Balance Transfer Credit Cards – Gold Cards

This credit cards offer low interest rates on balance transfer transactions. This offer is only available on a certain span of time which depends on the card company how long the grace period will last. These cards are better for credit card users who have high balances to settle from another credit card under a high interest rate. Gold Credit Card Canada. They will need to transfer the balance on a low interest card to be able to pay off the balance having only minimal interest charges added on the account.

Some of the best Balance Transfer Credit Cards under the gold cards category.

Capital One - Gold MasterCard®; 11.99% Guaranteed for 3 Years (as long as you pay your bills on time)!

Apply Today! Capital One - Gold MasterCard®; 11.9% Guaranteed for 3 Years (as long as you pay your bills on time)!

If your credit is good but not absolutely perfect, this is the Best Capital One credit cards Canada is for you. It has the same features as the Smartline™ but with just a little higher interest rate. All the features and benefits are the same but interest rate really matters for a credit card holder.

Additional card benefits that the credit card provides the user:
• Annual interest rate for cash advances is 19.8% for this card.
• Enjoy the certainty of a low long-term rate of 11.9% on purchases and balance transfers guaranteed for 3 years as long you pay your bills on time.
• The rate will stay low and become a variable rate of Prime 9.9% on purchases and balance transfers.
• Save money when you transfer high-interest debt with our no-fee balance transfer service.
• Subject to credit Approval by the credit card company.

Citibank Gold Credit Card

This credit card offers a 1.9% p.a for 12 months on balance transfers and access to Citibank World Privileges. This card is suitable for credit card holders who are having problem paying off their credit card balances under a high interest rate. With this card, low interest rate for balance transfer is guaranteed but for a grace period of only 12 months. Take note of these rates so that you won't be having problems when the interest rate goes back to its regular rate.

Here are more benefits packaged with the credit card:
• Typical rate 20.74% APR is variable on purchases using the card.
• 55 days interest free on retail purchases guaranteed by the card company.
• Credit Limit up to $25,000 for this card.
• Qantas Frequent Flyer Points is given to the card holder.
• Interest rate of 21.24% cash advances.
• PhotoCard Security which allows the card user to personalise your card as an extra safeguard.
• No ATM fees at over 1,700 ATMs that only applies to Citibank and Westpac-branded ATMs.
• Gold Credit Card Canada

Cash Back Credit Cards – Gold Cards

Capital One - Cash Back Gold MasterCard®

IberiaBank Visa Gold Credit Card

With this credit card the card holder will have an outstanding of cash backs to be received as the card issuer assures that the card user would take pleasure in the rebates being returned. This card also doesn't have any annual fee which gives the client less payment to think of. All of this credit card features are of gain for card holder but watch out for the interest on purchases and cash advance. Gold Credit Card Canada. Card holders must be keen in looking for date where promos will end in which interest rates will change back to its normal value. Make sure that you won't get into the drawback of having lots of added interest charges.

Check the added benefits of this card:
• Earn 1% in cash back credit on all qualifying purchases done by the card holder.
• No limit on cash back; no expiration date on eligibility for accounts in good standing status.
• Travel accident coverage up to $500,000 given to the client.
• No annual membership fee for this credit card.
• Low, variable rate APR of 9.25%, 12.25%, and 15.25% as of 1-1-10 based on your creditworthiness. This APR will vary with the market based on the Prime Rate. (If there is an interest charge, the charge will be no less than $1.00)
• Low Introductory APR on balance transfers of 1.99% for your first 6 billing cycles, this rate will not change during the introductory period. Applies to balance transfers processed within three months of your account open date. After that, your APR will be the same as your assigned purchase rate, based on your creditworthiness; this APR will vary with the market based on the Prime Rate.
• Online access to credit card account information is always available.

Low Interest Credit Cards – Gold Cards

MBNA Gold MasterCard® Credit Card – Fixed 9.99% AIR

Apply Today! Gold MasterCard® credit card - Fixed 9.99% AIR

Clients who are not eligible to have the Platinum Plus® MasterCard® credit card could avail for this good credit card. This has a common feature with the Platinum Plus® card but a difference in their interest rate exists. This card has a fixed 9.99% annual interest rate. This card is still considered as a good and preferable card for clients. Using this card for a certain period of time until making an excellent credit history won’t get you into trouble in paying your balances along with the interests but instead, it makes you a candidate to apply for the Best MasterCard Credit Card that is available.

Here are some features of the credit card:
• No Annual Fee for the card holder.
• 9.99% Annual Interest Rate on Purchases and Cash Advances are offered and is considered a fair rate for the client.
• Around-the-clock fraud protection that gives assurance of safety and risk-free for the clients.
• Online access to your credit card account is available by just login in the internet with secured login password.
• 24-hour Customer service that is always ready to help.
• Immediate cash access at 430,000 ATMs internationally
• Emergency services like lost document and ticket replacement, lost luggage assistance, travel accident insurance, auto rental insurance are also catered on the services of the company.

Capital One - Gold MasterCard®; 11.99% Guaranteed for 3 Years (as long as you pay your bills on time)!

Apply Today! Capital One - Gold MasterCard®; 11.9% Guaranteed for 3 Years (as long as you pay your bills on time)!

If your credit is good but not absolutely perfect, this is the best capital one credit cards Canada is for you. It has the same features as the Smartline™ but with just a little higher interest rate. All the features and benefits are the same but interest rate really matters for a credit card holder.

Additional card benefits that the credit card provides the user:
• Annual interest rate for cash advances is 19.8% for this card.
• Enjoy the certainty of a low long-term rate of 11.9% on purchases and balance transfers guaranteed for 3 years as long you pay your bills on time.
• The rate will stay low and become a variable rate of Prime 9.9% on purchases and balance transfers.
• Save money when you transfer high-interest debt with our no-fee balance transfer service.
• Subject to credit Approval by the credit card company.
• Gold Credit Card Canada

Rewards Credit Cards – Gold Cards

CIBC Aerogold® Visa™ Card

Travel rewards are the most special feature of this card. It gives a lot of benefits for people who loves to travel for leisure or for business purposes. It also offers points that can be redeemed with equivalent rewards based on your points earned. The exclusive benefits are listed below.

List of CIBC Aerogold Visa™ Card benefits
• 15, 000 bonus Aeroplan® Miles on the first purchase of the card which is equivalent to one economy class short-haul flight at the ClassicFlight® reward level.
• Earn 1 Aeroplan Mile every time a dollar is spent by the card user.
• 1.5 Aeroplan Miles awarded for purchasing gas, groceries and items from the drugstores.
• Aeroplan participating partners also give additional points when you use the card at their stores or shops.
• Air Canada and Air Canada Jazz including Executive Class/Executive First 1 are given free access for the card users for the available seat only.
• CIBC guarantees the client that points earned will not be lost even being inactive for 12 months.

Aspire Gold MasterCard®

Apply Today! Capital One - Aspire™ Gold MasterCard®

This credit card would offer a secure online application which gives the card applicant assured security. This card offers good benefits that are of advantage of the card user. Check out more of this card's benefits.

Aspire Gold MasterCard® benefits:
• Earn reward miles every time the card is used.
• No Annual Fee for this credit card.
• Earn 1 reward mile for every $1 spent on everything you buy or purchase.
• 5,000 bonus reward miles with your first purchase using the card.
• 1,000 anniversary bonus reward miles every year given to the card holder.
• Redeem for travel, cash, merchandise or gift cards using the points accumulated or collected.

BMO Gold AIR MILES MasterCard®

References

Best Credit Cards in Canada

IberiaBank Visa Gold Credit Card

Cash Back MasterCard Credit Card Canada

Cash Back Visa Credit Card Canada

Rewards Credit Card Canada

External Links

List of Top Visa Credit Cards

Canadian Credit Cards

FCAC - Best Credit Cards in Canada

GOLD CREDIT CARDS CANADA

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rewards credit card canada
- Posted April 03, 2010 by Monty Loree

Rewards Credit Card Canada

Are you interested in Rewards Credit Card Canada? The article below is full of good information to help you decide which card is right for you... If you still have questions, please join in the conversation below in the blog comments area.

Card holders that belong to this category are considered convenience users as they used the card credit and pay off each month their bills or credit balances. They are using the credit card with their transaction as well as collect rewards credit card points. The acquired points can then be redeeming with various rewards that a card company entitles the card user. A common rewards program that is usually given by the card issuers are travel rewards credit cards which permits the card holder to accumulate Miles points or Aero point depending to which the card company is connected with. rewards credit card Canada

In addition, cash backs programs are also available as a rewards program in which certain percentage of the purchases made or the total amount of credit used is returned to the card holder. These cash backs are usually given through a cheque or adding it up to the card holders account. Other rewards program aside from what is available is used by other card companies or banks. The entire possible rewards program will be present as you go along with the article.

Travel Credit Cards – AirMiles and Aeroplan Points

CIBC Aerogold® Visa™ Card

Travel rewards are the most special feature of this card. It gives a lot of benefits for people who loves to travel for leisure or for business purposes. It also offers points that can be redeemed with equivalent rewards credit cards canada is based on your points earned. The exclusive benefits are listed below. Best Visa Credit Card Canada.

List of CIBC Aerogold Visa™ Card benefits
• 15, 000 bonus Aeroplan® Miles on the first purchase of the card which is equivalent to one economy class short-haul flight at the ClassicFlight® reward level.
• Earn 1 Aeroplan Mile every time a dollar is spent by the card user.
• 1.5 Aeroplan Miles awarded for purchasing gas, groceries and items from the drugstores.
• Aeroplan participating partners also give additional points when you use the card at their stores or shops.
• Air Canada and Air Canada Jazz including Executive Class/Executive First 1 are given free access for the card users for the available seat only.
• CIBC guarantees the client that points earned will not be lost even being inactive for 12 months.

Capital One Miles Platinum Plus MasterCard™

This credit card is unique in the sense that this allows you to collect many points. These Miles Points would then be redeemed with travel purchases which can be flight tickets. Best Mastercard Credit Cards Canada. This will give the client less expenses as they don’t need to spend cash but instead utilize the ticket they got from the rewards credit card canada that the Miles Platinum Plus MasterCard offers. In addition, the rewards also would cater the taxes and airport fee charges.

Earning points with Miles Platinum Plus MasterCard by:
• Every dollar spent during purchases with the card is equivalent to 2 reward miles points.
• When receiving the card, the first time you use the card would instantly entitle you 25, 000 bonus reward miles point that can redeem rewards.
• Doing balance transfers and cash advance doesn’t have an equivalent reward point.

Furthermore, the Miles Platinum Plus MasterCard for Canadians is completely different from other reward credit cards Canada like Aeroplan or Airmiles because these companies don’t cover the air fare taxes as well as the terminal fees. Miles Platinum Plus MasterCard covers everything which means that it lessens the burden and expense of the card holders. Hence, it provides comfort and a hassle-free travel.

Aspire Gold MasterCard®

Apply Today! Capital One - Aspire™ Gold MasterCard®

This credit card would offer a secure online application which gives the card applicant assured security. This card offers good benefits that are of advantage of the card user. Check out more of this card's benefits.

Aspire Gold MasterCard® benefits:
• Earn reward miles every time the card is used.
• No Annual Fee for this credit card.
• Earn 1 reward mile for every $1 spent on everything you buy or purchase.
• 5,000 bonus reward credit card Canada miles with your first purchase using the card.
• 1,000 anniversary bonus reward miles every year given to the card holder.
• Redeem for travel, cash, merchandise or gift cards using the points accumulated or collected.

BMO Gold AIR MILES MasterCard®

MBNA TravelRewards Platinum MasterCard

Cash Back Credit Cards – Rewards Points Cards

Spend More Than $2500 / Month - Rewards Cards

MBNA PremierRewards® Platinum Plus® MasterCard®

A rewards credit card that pays you back with what you have spent for. It allows its customer to make their dollar spent to go as far as possible. This means that this company allows their card holders to enjoy the rewards they have prepared especially to those clients who spent much using their card and accumulate numerous points. It could be then exchange with surprisingly great items or merchandise. It can even become certificate for groceries, gas or for shopping.Check on the features of this rewards credit card and compare to which features and offers you are fascinated on.

Here are its features:
• As commonly offered by rewards credit card. This card has No Annual Fee as well.
• 1% back on all net retail purchases when buying merchandise or any transactions that you have used your rewards card.
• There is a yearly automatic rewards crediting in your account once you have availed with their promos especially those that are offered in the company’s website.
• Regarding with rewards credit cards points in Canada, there is an enticing policy of No spending limits or earning limits. Customers can earn points as much as they can and redeem rewards equivalent to their accumulated points.
• There is Exclusive platinum benefits and peace of mind for the card holder that provides less risks and hassle.
• Booming credit limit of up to 100,000 is offered by the card issuer giving the customer a wider range to spend on their credits.
• Customer service is always present 24/7 for any inquiries or problems that these card holders may encounter when using their credit cards.

Capital One - Cash Back Plus Platinum MasterCard® The more you spend, the more you'll save.

MBNA WorldPoints Rewards MasterCard

This Best MBNA Credit Cards Canada has been the most rewarding MasterCard as it gives you instant 1.000 world points as an introductory reward. With that, you can avail right away of its offered rewards even without using or earning points yet with your card. You have just simply got a card and receive a reward in return.This rewards credit card has a lot of features to get to know too.

Here is the list of its card features:
• You easily Earn 1 world point for every dollar you have spent.
• With your first qualifying transaction, you can instantly earn 1,000 bonus WorldPoints.
• Once you reach a certain number of point, you can redeem WorldPoints rewards either of your choice whether spend it for travel or for merchandise or both at the same time.
• Redemption level is at 1,000 WorldPoints which mean that the moment you got the card with the instant 1,000 WorldPoints, you can avail a certain reward equivalent of the points you have
• Annual fee is cheap compared to other rewards cards which are only at $29.

CIBC Dividend Card®

TD Rebate Rewards Visa Card

The Rebate Rewards Visa Card is a credit card that doesn’t charge an annual fee. It is the cash back credit card that gives you cash back on your daily purchases with your annual rebate. Once you use your no-fee Rebate Rewards Visa Card to have purchases, you'll earn a cash rebate of a certain percentage on the total purchases charged to your card. The more you use your Rebate Rewards Visa Card in your transaction, the greater the money you get back. Watch out for the interest of this card. Pay your bills on or before its due date.

Here are other benefits of the card that is offered:
• 0.5% cash back is given on the first $3000 worth of net annual purchases made with the card.
• Additional 1% cash bank on the net annual purchase above $3000 to a maximum of $25, 000 on the credit card.
• Cash back are credited every January directly into the client’s account and statement account would show your total cash back earned.
• Pay on the Visa payWave technology where you can secure and have easy contactless payment system that's faster and more convenient than paying with cash.
• The card issuer uses the Chip Enabled Technology which give each client identical pin for security of their accounts.

For example, if net annual purchases on your cash back credit card total $15,000, you will earn cash reward of $135 ($15 for the first $3,000 in purchases and $120 for the additional $12,000.) You have just earned $135 from using your Card for everyday purchases which could be used for extra other purchases. Think of the amount of money you can save when you use your credit card everyday in every transaction you are dealing with.

BMO Premium CashBack MasterCard®

RBC® Cash Back Visa Card

This card would give you the convenience of not using a card and instead use the RBC Cash Back Visa. They give 1% cash back credit starting from the groceries you have bought, the gas you have filled your tank and a lot more. In every purchase you made with the card, there is corresponding cash back. Using the card and looking at your cash back balance every month makes you overwhelmed on how it adds up.

What do the card offers you with its benefits:
• 5% cash back is earned on groceries purchased. In addition, 5% cash back credit when buying groceries at the participating stores using the credit card until December 31, 2010.
• Earn 1% cash back on all other qualifying transactions made with the card when you make for pre-authorized payments on the Cash Back account.
• When you use your Custom Switch, you are given up to $25 cash back bonus.
• In paying for small purchases, the company gives the Visa pay Wave for client comfort, safety and security.
• No extra cost when you are asking for additional cards for the co-applicants and authorized users.
• You can access cash worldwide of up to $500 or depending on your credit limit.
• Minimum credit limit is high at $1000 compared to other cards.
• The card is widely accepted in over 600, 000 locations in Canada and over 23 million all over the world.
• Travellers cheque is commission-free.

Spend Less Than $2500 / Month - Rewards Cards

Capital One - Cash Back Guaranteed MasterCard® for Gas & Groceries

Scotia Momentum Visa™ Card

This credit card allows you to collect a generous cash back percentage for the retail purchases you have made with the card. If you are a big spender, then it won’t be a problem because there is no certain limit in the amount of point you can accumulate or collect from all the card transactions made. You can get cash back from gas, groceries and drugstore purchases. Get the full offers of the card so that the annual fee won’t bother you which is at $39. Moreover, paying the bills on the specified time or at the end of a month lets you get away from the interest of 19.99% on purchases and 21.99% on cash advances as well as balance transfers

Scotia Momentum Visa™ Card additional benefits:
• 2% cash back are given to card holders on purchases made either on gas, groceries or in a drugstore. It also includes recurring payments.
• 1% cash back on all eligible purchases with Momentum Visa card.
• Credit limit is at $500 which is higher compared to other credit cards.
• Save 20% discount to any AVIS Car Rental service you have purchase but allowed only to the participating locations.
• Electronic banking is available to check your account information, bill payments and mini-statements.

Cash Back Platinum MasterCard® with No Hassle Rewards™

Chase Freedom Visa $50 Bonus Cash Back

Chase Freedom rewards credit Card Canada has a lot of rewards to offer. It starts off with the cash back of $50 during the first purchase made with the card. Moreover, a 0% introductory APR is also given along with the no annual fee policy. This is one of the best cards that you can pick. Check out more of its benefits and features below.

Chase Freedom Visa offers more than what is mentioned above:
• 5% cash back offers is returned to the card holder when purchasing gas, home improvement and department stores.
• Get additional 20% cash back when buying with the specific merchant online using the Chase credit card.
• 1% cash back for all the credit spent – no spending tiers or caps on how much you can earn.
• $50 bonus cash back during the card first purchase.
• No annual fee as well as introductory APR.

References

Platinum Credit Cards Canada

Gold Credit Cards Canada

Extra Credit Cards

Reward Credit Cards

Canadian-Money-Advisor Reward Cards

External Links

Rewards Program Canada

Canadian Credit Cards

FCAC - Best Credit Cards in Canada

Travel Credit Cards

REWARDS CREDIT CARDS CANADA

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Credit Card Comparison Canada

Interested in Credit Card Comparison in Canada? This article is full of good advice and information to help you. Have more questions? Please join in the blog comments conversation below. CCHelper will be able to help you out.

The purpose of “Best Low Interest Credit Cards” is for people with good or excellent credit as well as those people with does have bad credit. These credit cards presented here are having low interest rates that would be suitable for those card holders who wish to use some credit even if they can’t full pay off the total debt each month. These cards are coming from different card issuers who offer low interest rates when using the cards for purchases or any transactions made by the card user. Each credit card is offering variety of offers aside from the low interest rate. It is better to compare and check every detail of the card, most especially on the features and benefits. In this way, you can decide which best low interest credit cards Canada to apply for and suit your needs.

Good Credit - Low Interest Credit Cards

Credit card that belongs in this category is credit cards that offer low interest rates. These best low interest credit cards Canada are beneficial to card users who are wishing to use the credits available of the card for doing some purchasing or transactions with the cards. In case of financial problems and the user is unable to pay the bills that is due every end of the month, the card holder is only charged with minimal interests as some credit card offer 5.99% which is low enough. Some do offer a little higher at 9.99% other ranging at 11.99% to 14.99%. However, even if these interest rate different in some values, it is still low compared to other cards that doesn’t offer low interest like cash back credit cards or rewards credit cards. It will not be a burden in the part of the card user as the interest rate is low and settlement of the account on the next billing date is more possible. Various types of best low interest credit cards Canada coming from different card issuers will be presented. Take a look on the unique characteristic of each card.

MBNA Gold MasterCard® Credit Card – Fixed 9.99% AIR

Apply Today! Gold MasterCard® credit card - Fixed 9.99% AIR

This best low interest credit cards Canada has a fixed annual interest rate of 9.99%. The required credit history for this card is at a good level. If credit card applicants haven’t made an excellent credit history, they could resort to this card. Soon, if they have gained an excellent credit history then they can shift to a higher credit card that offers maximum benefits. More benefits below to ponder on.

Here are some features of the credit card:
• No Annual Fee for the card holder.
• 9.99% Annual Interest Rate on Purchases and Cash Advances are offered and is considered a fair rate for the client.
• Around-the-clock fraud protection that gives assurance of safety and risk-free for the clients.
• Online access to your credit card account is available by just login in the internet with secured login password.
• 24-hour Customer service that is always ready to help.
• Immediate cash access at 430,000 ATMs internationally
• Emergency services like lost document and ticket replacement, lost luggage assistance, travel accident insurance, auto rental insurance are also catered on the services of the company.

Capital One - Gold MasterCard®; 11.99% Guaranteed for 3 Years (as long as you pay your bills on time)!

Apply Today! Capital One - Gold MasterCard®; 11.9% Guaranteed for 3 Years (as long as you pay your bills on time)!

If your credit is good but not absolutely perfect, this is the best capital one credit cards Canada is for you. It has the same features as the Smartline™ but with just a little higher interest rate.

Some features of the Capital One - Gold MasterCard credit card:
• Annual interest rate for cash advances is 19.8% for this card.
• Enjoy the certainty of a low long-term rate of 11.9% on purchases and balance transfers guaranteed for 3 years (as long you pay your bills on time).
• After that your rate will stay low and become a variable rate of Prime +9.9% on purchases and balance transfers.
• Save money when you transfer high-interest debt with our no-fee balance transfer service.
• Subject to credit Approval once you have applied for the card.

CIBC Select Visa™ Card

Capital One - SmartLine™ Platinum MasterCard

Apply Today! Capital One - SmartLine™ Platinum MasterCard

This card is for individuals who have excellent credit history.

The interest rate on this card is 5.99% which is good if you want to save money on interest.. This card requires you to have an excellent credit rating.

Some of the other features are as follows:
• This card has no annual fee. If you do a cash advance you'll pay 19.8% interest, so it's not a good card for borrowing cash.
• You'll get 5.99% on purchases and balance transfers guaranteed for 3 years as long as you maintain your agreement status. After the three years the interest rate switches to a variable rate of Prime +3.75% on purchases and balance transfers.
• A nice feature for balance transfers is that you do not pay a fee when you do a balance transfer. That's a cost free service

MBNA Platinum Plus® MasterCard® Credit Card – 1.99% for 10 months

Capital One Low Rate Guaranteed MasterCard®

Good Credit - Cash Back Credit Cards

Capital One - Cash Back Plus Platinum MasterCard®

This credit card entitles the card user the chance to get a cheque or statement credit after accumulating more than $15 in points. The rewards offered for this best cash back credit card Canada is more on the cash back reward compared on other possible gift rewards. This card does have an annual fee of $99. Platinum Credit Card Canada. It is better to use the card to its maximum limit to be able to enjoy the rewards more than the fee. Be conscious of the due dates of payment as the card comprise a 19.8% interest. So, card holders should pay their bills monthly to avoid the interest.

The Cash Back Plus Platinum card allows you to gain points through following ways:
• For purchases up to $10,000 you get 1% cash back annually as the company offers such benefit.
• When purchases reach between $10,000.01 and $20,000 you'll collect 1.5% cash back annually
• In purchases over $20,000 you'll collect 2% cash back annually to the client account.
• There is no limit on the number of points earned
• When doing balance transfers or cash advances, these transactions are not entitled of points and cash backs.
• Platinum Credit Card Canada

Aspire Gold MasterCard®

Capital One - Cash Back Gold MasterCard®

BMO CashBack MasterCard®

BMO Cash Back MasterCard offers their client cashbacks when spending at different Shell location in Canada. Cashbacks are also awarded when you get a car rental at National Car Rental or Alamo Rent a Car where their branches are located worldwide. This two rent a car companies also give big discounts once you get to have their services.

BMO CashBack MasterCard card details are listed below.
• The card doesn’t have any annual fee charged by the company.
• For every card purchase made there is 0.5% cashback given to the client.
• When spending and enjoying the Shell station services, 1.5% cashback is returned to the customer.
• National Car Rental & Alamo Rent A Car would also give 1.5% cashback when you rent a car at their shops which are located worldwide.
• Cash Back MasterCard Credit Card Canada
• Huge discount of up to 25% on rentals done at National Car Rental & Alamo Rent A Car.
• Interest rate is at 19.5% which is fair enough for the card holder to handle during billing payments.

Aspire™ World MasterCard®

Apply Today! Capital One - Aspire™ World MasterCard®

This credit card would offer a secure online application just the same with Aspire Gold MasterCard. it also gives the card applicant assured security. This card offers good benefits and features that are of advantage of the card user which is convenient to use. This card Check out more of this card's benefits.

Here are some features of the credit card:
• Earn more reward miles - on everything you buy using the card.
• Earn 2 reward mile for every $1 spent - on everything you purchase with the card.
• 35,000 bonus reward miles with your first purchase of the credit card.
• 10,000 anniversary bonus reward miles every year.
• Redeem for travel, cash, merchandise, gift cards and more.
• World MasterCard benefits including Travel Emergency Medical Insurance and Trip Cancellation Insurance.

Good Credit - Balance Transfer Credit Cards

Capital One - SmartLine™ Platinum MasterCard

MBNA Platinum Plus® MasterCard® Credit Card – 1.99% for 10 months

Capital One - Gold MasterCard®; 11.99% Guaranteed for 3 Years (as long as you pay your bills on time)!

Apply Today! Capital One - Gold MasterCard®; 11.9% Guaranteed for 3 Years (as long as you pay your bills on time)!

If your credit is good but not absolutely perfect, this is the best capital one credit cards Canada is for you. It has the same features as the Smartline™ but with just a little higher interest rate.

Some features of the Capital One - Gold MasterCard credit card:
• Annual interest rate for cash advances is 19.8% for this card.
• Enjoy the certainty of a low long-term rate of 11.9% on purchases and balance transfers guaranteed for 3 years (as long you pay your bills on time).
• After that your rate will stay low and become a variable rate of Prime +9.9% on purchases and balance transfers.
• Save money when you transfer high-interest debt with our no-fee balance transfer service.
• Subject to credit Approval once you have applied for the card.

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Does Not Carry a Balance

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Carry a Balance

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Good Credit - (Canada)

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Carry a Balance - Lowest Interest Rate

MBNA Platinum Plus® MasterCard® Credit Card – 1.99% for 10 months

MBNA Gold MasterCard® Credit Card – Fixed 9.99% AIR

Capital One® Platinum Prestige Card

Capital One SmartLine&trade; Platinum MasterCard

Citi® Platinum Select® MasterCard®

Chase Freedom Visa $100 Bonus Cash Back

Chase Slate Card

Discover® More® Card

Permanent Rate

Promotional Interest Rate

Transaction Fee

Introductory Interest Rate

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Balance Transfer Credit Card Canada

What is a balance transfer?

Fees that come with balance transfer

Promotions

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Why should I do a balance transfer?

What pitfalls should I watch out for

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Best Capital One Credit Cards Canada

Good Credit - Excellent Credit

Carry a Balance - Need Lowest Interest Possible

Capital One - SmartLine&trade; Platinum MasterCard

Capital One - Gold MasterCard®; 11.99% Guaranteed for 3 Years (as long as you pay your bills on time)!

Doesn't Carry a Balance - Rewards Cards

Spend More Than $2500 / Month - Rewards Cards

Capital One - Cash Back Plus Platinum MasterCard® The more you spend, the more you'll save.

Capital One - Miles Plus Platinum MasterCard®

Spend Less Than $2500 / Month - Rewards Cards

Capital One - Cash Back Guaranteed MasterCard® for Gas & Groceries

Cash Back Platinum MasterCard® with No Hassle Rewards&trade;

Capital One - Miles Platinum MasterCard® with No Hassle Rewards&trade;

Bad Credit – Fair, No or Limited Credit and No Credit History

SECURED CREDIT CARDS – LOW INTEREST CARD

Capital One Low Rate Guaranteed Secured MasterCard®

CARRY A BALANCE – WITH MAXIMUM BENEFITS

Capital One Guaranteed MasterCard®

DON’T CARRY A BALANCE – REWARDS CARD

Capital One Cash Back Guaranteed MasterCard® for Gas & Groceries

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Best MBNA Credit Cards Canada

Good Credit – Excellent Credit

CARRY A BALANCE - LOW INTEREST RATES

The MBNA Gold Credit Card

The MBNA Platinum Plus credit card

DOESN'T CARRY A BALANCE - REWARDS CARDS

Spend More Than $2500 / Month - Rewards Cards

MBNA PremierRewards® Platinum Plus® MasterCard®

MBNA TravelRewards Platinum MasterCard

Spend Less Than $2500 / Month - Rewards Cards

MBNA WorldPoints Rewards MasterCard

Bad Credit – Other Banks Credit Card

SECURED CREDIT CARDS – LOW INTEREST CARDS

Capital One SmartLine™ Platinum MasterCard

Capital One - SmartLine™ Platinum MasterCard

Cash Back Platinum MasterCard® with No Hassle Rewards™

Capital One - Miles Platinum MasterCard® with No Hassle Rewards™

Capital One SmartLine™ Platinum MasterCard

Capital One Miles Platinum Plus MasterCard™

Capital One Cash Back Platinum MasterCard® with No Hassle Rewards™

Capital One Miles Platinum MasterCard® with No Hassle Rewards™

CIBC Platinum Visa™ Card

CIBC Select Visa™ Card

CIBC Aerogold® Visa™ Card