The Credit Cards for Canadians

It’s a given fact that Canadians are critical in their decisions, especially if it is already concerned with financial matters. Before they decide what clothes to buy or what gadgets to purchase, more often than not, they consult their friends or families before they make the decision. One of the hardest things that they decide on is on what credit card to apply for. Here’s a quick assessment that will help Canadians choose the right credit card for them.

Capital One Aspire World Mastercard .Capital One is like a breath of fresh air for Canadians as it offers great deals on reward points especially when the user uses the card for travel purposes. One of its best feature is the sign-on 35,000 mile bonus that is equivalent to $350 worth of travel. Two points for every dollar spent and no annual maximum points that can be accumulated.

RBC Avion Infinite Visa. RBC Avion is quite similar to the Capital One Mastercard but only with high annual fee. Businessmen prefer this credit card since it has no earning maximums, flexible when redeeming and has a well rounded insurance package.

Starwood Preferred Guest Amex. Among the top credit card companies, Starwood offers the most rewards and bonuses but it has a very high annual fee. rewards include sign-up bonuses, free flights, free hotel accommodation on Starwood hotels, and a good insurance package.

CIBC Aerogold Infinite. The added travel related insurance perks are what makes this card shine among the rest. It includes assistance during emergency medical situations and trip interruptions. The downside is the fact that it requires higher income requirement for them to grant your application.

It is crucial to choose on what credit card to apply for. Choose credit card that will cater to your satisfaction and is worth the money you'll be paying.