What is best Canadian Creditcard for rewards - GoFuckYourself.com

webgurl · 03-11-2008, 12:21 PM

I am in process of getting another creditcard Visa ,
what is the best one for travel rewards ? I travel like 50x's
a year so i need the best there is .
So far there is RBC Avion , CIBC Aeroplan ....
IF you use either of them what is the benefits
What else and why

Shap · 03-11-2008, 12:23 PM

Quote:

Originally Posted by webgurl

I am in process of getting another creditcard Visa ,
what is the best one for travel rewards ? I travel like 50x's
a year so i need the best there is .
So far there is RBC Avion , CIBC Aeroplan ....
IF you use either of them what is the benefits
What else and why

I believe there is a new Visa Infinite that just came out that tops it all

SleazyDream · 03-11-2008, 12:30 PM

american express platinum aeroplan gives you 1.5 aeroplan miles per dollar spent

Evil E · 03-11-2008, 12:30 PM

Quote:

I gathered all this info from the Flyertalk forums, apparently at the end of the month, RBC is rolling out the most prestigious credit card in Canada, since there's no Canadian Amex Centurion, called the RBC Visa Infinite, which will be catered mainly towards the RBC private banking clients, but apparently RBC VIP clients can also *try* getting it by speaking to the senior account manager. There will not be an advertising campaign for the card, either.

"Cost is $399 per year for Private Banking clients, $599 for non-Private Banking clients.

* RBC Rewards redemption rate of 2% instead of 1% for all travel rewards, all flight classes, no blackout periods or seat restrictions
* Visa Infinite concierge service (don't know if third-party company)
* Complimentary Priority Pass membership (the $99 annual fee version)
* Complimentary TabletPlus membership (usual fee $195)
* Complimentary access to Zagat® restaurant ratings and reviews
* Special "black card"
* Dedicted customer support number for Visa Infinite clients only.
* Extensive travel insurance coverage and emergency assistance
* Minimum $20,000 credit limit"

Here's the website for info on Visa Infinite:
http://www.visa-infinite.com/

I have a standard platinium, gives me about 1.42% to buy flights. So if you use your card for 10k, you get 142$ for flights(can buy them anywhere, online if you wish).

I must say I'm not sure if it's the best since I didn't shop much for it.

webgurl · 03-11-2008, 12:31 PM

Quote:

Originally Posted by Shap

I believe there is a new Visa Infinite that just came out that tops it all

thanks shap ,
http://www.visainfinite.com/
I wonder if i have to be on that list of countries

webgurl · 03-11-2008, 12:32 PM

Quote:

Originally Posted by SleazyDream

american express platinum aeroplan gives you 1.5 aeroplan miles per dollar spent

Interesting you get an extra .5 with the Amex

I prefer a visa though ...

Evil E · 03-11-2008, 12:36 PM

Quote:

Originally Posted by SleazyDream

american express platinum aeroplan gives you 1.5 aeroplan miles per dollar spent

My rewards are calculated in $$$ and not in miles, which one is the best?

Shap · 03-11-2008, 12:44 PM

Quote:

Originally Posted by webgurl

thanks shap ,
http://www.visainfinite.com/
I wonder if i have to be on that list of countries

It's available to you. Just ask your bank

Evil E · 03-11-2008, 12:47 PM

BTW what is the best corporate card?

InsaneMidget · 03-11-2008, 12:57 PM

I have the platinum avion with RBC and I like it, for every $15k spent on it you can cash out and get a round trip flight to any state or province joined by the border to the state or province you live in. This is beneficial if you live in a province or state thats connected to a big state, for example I live in Ontario and New York is connected, so I can fly to NY city for a weekend trip if I like which is nice...but if you lived in NewFoundLand this would suck ass since no one wants to fly to Quebec...

Evil E · 03-11-2008, 01:05 PM

That seems like a pretty good deal Insane Midget. Do you have to pay fees on top of this? It says though $350 is the maximum ticket price.

InsaneMidget · 03-11-2008, 01:15 PM

The annual fee is $120 I believe.

InsaneMidget · 03-11-2008, 01:16 PM

I think they give you 15k points just for signing up and 2,500 for every year anniversary

Evil E · 03-11-2008, 01:17 PM

I mean fees on top of the tickets, you know when you book airfares there's always some hidden fees that you need to pay at the end.

Might consider it for a secondary card.

GTS Mark · 03-11-2008, 01:22 PM

Quote:

Originally Posted by SleazyDream

american express platinum aeroplan gives you 1.5 aeroplan miles per dollar spent

That is the best one i have found thus far

Purple Haze · 03-11-2008, 02:13 PM

AMEX is great to use, as you can transfer your points to Aeroplan easily. However, not everyone accepts AMEX, so I would also suggest using CIBC Aeroplan VISA.

Purple Haze

JFK · 03-11-2008, 02:43 PM

Quote:

Originally Posted by Purple Haze

AMEX is great to use, as you can transfer your points to Aeroplan easily. However, not everyone accepts AMEX, so I would also suggest using CIBC Aeroplan VISA.

Purple Haze

I have those 2 as well, The Platinum Amex aeroplan also gives you access to the air canada lounges, whether you have status or not. I prefer the Amex, because it forces me to settle in 30 days and not carry a balance

Tempest · 03-11-2008, 08:02 PM

Between my BMO Air Miles bank account and their Air Miles Mastercard, I build up some pretty good air miles..

SleazyDream · 03-12-2008, 12:33 AM

Quote:

Originally Posted by webgurl

Interesting you get an extra .5 with the Amex

I prefer a visa though ...

mine is of the first ones they issued - they give me an extra 10% on that too

SmutGiant · 03-12-2008, 12:59 AM

I have a BMO Mosaik Gold Mastercard... annual fee of $80 or $90, one air mile per $15 spent.

WiredGuy · 03-12-2008, 05:20 AM

Quote:

Originally Posted by Shap

It's available to you. Just ask your bank

You have private banking though through RBC. Is this a US currency or CDN currency card?
WG

Lance69 · 03-12-2008, 09:32 AM

Canadian Tire MC... I get Canadian Tire Money with every purchase.

webgurl · 03-12-2008, 10:24 AM

Quote:

Originally Posted by WiredGuy

You have private banking though through RBC. Is this a US currency or CDN currency card?
WG

we are looking 4 the same thing , I should have said
a USD credit card issued by CND bank

Now this is a whole new topic haha

Paco, of Large Cash. · 03-12-2008, 10:29 AM

I still do not understand why people opt for the rewards programs (annual fees and higher interest) instead of the lower interest plans/cards. The money you save (lower interest and no annual fees) will alone let you buy a ticket to wherever you want.

But I guess I never did understand that ClubZ mentality.

Quote:

Originally Posted by Lance69

Canadian Tire MC... I get Canadian Tire Money with every purchase.

LOL!!! Great. Free oil changes from the bottom of the class wrench monkeys whom can not even tell what kinda car it is, never mind how many liters of (what type of oil) to refill it with!

stev0 · 03-12-2008, 10:33 AM

Quote:

Originally Posted by Paco, of Large Cash.

I still do not understand why people opt for the rewards programs (annual fees and higher interest) instead of the lower interest plans/cards. The money you save (lower interest and no annual fees) will alone let you buy a ticket to wherever you want.

But I guess I never did understand that ClubZ mentality.

LOL!!! Great. Free oil changes from the bottom of the class wrench monkeys whom can not even tell what kinda car it is, never mind how many liters of (what type of oil) to refill it with!

Interest doesn't matter if you plan on paying your card off each month.

fuzebox · 03-12-2008, 11:01 AM

Quote:

Originally Posted by Paco, of Large Cash.

I still do not understand why people opt for the rewards programs (annual fees and higher interest) instead of the lower interest plans/cards. The money you save (lower interest and no annual fees) will alone let you buy a ticket to wherever you want.

If you push a lot of business expenses through the card it can pay off... When I had a dayjob the director of IT put over $100k/yr worth of server purchases on his own personal card and expensed the company, while enjoying a ton of rewards.

Paco, of Large Cash. · 03-12-2008, 11:28 AM

Quote:

Originally Posted by stev0

Interest doesn't matter if you plan on paying your card off each month.

Based on that, what lender/card, other than American Express, will allow you to borrow money @ 0% ?

For more or less all cards; at the end of the billing cycle/period/term, your balance is still multiplied by your 'x'. It all depends on your type (daily, adjusted, previous etc).

If that were true (pay off balance and interest does not matter), exactly what would be in it for the lender? The meager fee they gather per transaction?

As for reaping from using your credit card for expenses: how do you claim that each year?

Politicians get in trouble and lose their jobs for that practice each and every year. Unless stated in your contract, is that not against your business ethics?

JFK · 03-12-2008, 11:35 AM

Quote:

Originally Posted by webgurl

we are looking 4 the same thing , I should have said
a USD credit card issued by CND bank

Now this is a whole new topic haha

TD canada Trust has one of those, I think its called a price waterhouse card or something, BUT its not really a credit card, now that I think about it, you have to load it with us funds.

webgurl · 03-12-2008, 11:46 AM

Quote:

Originally Posted by Paco, of Large Cash.

I still do not understand why people opt for the rewards programs (annual fees and higher interest) instead of the lower interest plans/cards. The money you save (lower interest and no annual fees) will alone let you buy a ticket to wherever you want.

But I guess I never did understand that ClubZ mentality.

when u spend 5-6figures on a regular monthly basis , the
"free" cards are useless they don't give you much as for
point systems . You are better off spending 2-300 bucks
for annual fee and get a card that gives you good benefits
like free trips and business class seatings . If you do the math
it does workout better especially if you travel ALOT

webgurl · 03-12-2008, 11:51 AM

Quote:

Originally Posted by JFK

TD canada Trust has one of those, I think its called a price waterhouse card or something, BUT its not really a credit card, now that I think about it, you have to load it with us funds.

I have a RBC Reward USD Gold Visa
right now it gives you points for travel and bunch of places
for gift cards . Which is "ok" I got some free trips out of it already
but I know i can get alot more if I upgrade to better card .
However , there are not many choices
for CND issued banks with USD Visa . Like someone said on
this thread AMEX doesn't offer USD cards for CND clients

GeorgeK · 03-12-2008, 06:01 PM

If you're open to Mastercard instead of Visa, www.bmocorpmc.com might be worth investigating. They have 1% cash back corporate cards, for both US and Canadian dollar Mastercards.

dready · 03-12-2008, 06:30 PM

Quote:

Originally Posted by webgurl

I have a RBC Reward USD Gold Visa
right now it gives you points for travel and bunch of places
for gift cards . Which is "ok" I got some free trips out of it already
but I know i can get alot more if I upgrade to better card .
However , there are not many choices
for CND issued banks with USD Visa . Like someone said on
this thread AMEX doesn't offer USD cards for CND clients

I'm thinking about getting an RBC Reward USD Gold Visa under my company name too. I have a personal USD Visa with CIBC right now and it has almost no benefits at all.

Evil E · 03-12-2008, 06:31 PM

What do you guys think of this one VS the air miles ones?

You can purchase anything(even cheap stuff on rebate online on expedia or kayak or whatever with your points)

http://www.nbc.ca/bnc/cda/productfam...-15948,00.html

JFK · 03-12-2008, 07:07 PM

Quote:

Originally Posted by webgurl

I have a RBC Reward USD Gold Visa
right now it gives you points for travel and bunch of places
for gift cards . Which is "ok" I got some free trips out of it already
but I know i can get alot more if I upgrade to better card .
However , there are not many choices
for CND issued banks with USD Visa . Like someone said on
this thread AMEX doesn't offer USD cards for CND clients

yeah, I wish I could convert , or get a US $ Amex

WiredGuy · 03-12-2008, 07:21 PM

Quote:

Originally Posted by JFK

yeah, I wish I could convert , or get a US $ Amex

Yup, I'm in the same boat. I have a ton of USD Visa Gold points. I'd switch to Amex in a second if I could get a USD currency card issued in Canada.
WG

WiredGuy · 03-12-2008, 07:24 PM

Quote:

Originally Posted by fuzebox

If you push a lot of business expenses through the card it can pay off... When I had a dayjob the director of IT put over $100k/yr worth of server purchases on his own personal card and expensed the company, while enjoying a ton of rewards.

if he gets audited, he'll get a nice surprise ;)
Those points are subject to taxation if they're business expenses and he's using the rewards for personal gain.

in my audit, that was one of the first things they checked.
WG

GeorgeK · 03-13-2008, 08:17 AM

I just noticed I posted the wrong URL for that BMO Mastercard option (with the 1% cash back, for both US and Canadian dollar cards). It should have been:

http://www.mosaikbusiness.com/mc_for_biz/rewards.html

LadyMischief · 03-13-2008, 09:19 AM

The CIBC Aerogold and the Avion are the best ones so far, but the fees on the Avion are high.

ChargebackJoe · 03-13-2008, 10:50 AM

wow, sounds real petty

Quote:

Originally Posted by WiredGuy

if he gets audited, he'll get a nice surprise ;)
Those points are subject to taxation if they're business expenses and he's using the rewards for personal gain.

in my audit, that was one of the first things they checked.
WG

03-11-2008, 12:21 PM	#1
webgurl Confirmed User Join Date: Aug 2002 Location: Clouds with Carebears Posts: 7,954	What is best Canadian Creditcard for rewards I am in process of getting another creditcard Visa , what is the best one for travel rewards ? I travel like 50x's a year so i need the best there is . So far there is RBC Avion , CIBC Aeroplan .... IF you use either of them what is the benefits What else and why

03-11-2008, 12:30 PM	#3
SleazyDream I'm here for SPORT Industry Role: Join Date: Jul 2001 Location: Phone # (401) 285-0696 Posts: 41,470	american express platinum aeroplan gives you 1.5 aeroplan miles per dollar spent __________________ This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog! Now read without the word dog.

03-11-2008, 02:13 PM	#16
Purple Haze Confirmed User Join Date: Apr 2004 Posts: 1,021	AMEX is great to use, as you can transfer your points to Aeroplan easily. However, not everyone accepts AMEX, so I would also suggest using CIBC Aeroplan VISA. Purple Haze __________________ Live Pay-Per-View Feeds Cobranded with YOUR LOGO Tons of FREE CONTENT Unique MARKETING TOOLS Check out WebcamFeeds See Who I Am At AdultWhosWho.com! TURNING WEBCAMS INTO CASH FOR OVER 8 YEARS -- WE'RE BUILT TO CONVERT

03-12-2008, 09:32 AM	#22
Lance69 Confirmed User Join Date: Jan 2005 Location: Vancouver BC Posts: 2,266	Canadian Tire MC... I get Canadian Tire Money with every purchase. __________________ Sonarcash Competitive Content Shooting Handgasm HD Handjobs Janessa Jordan Ultimate Wife Make Money Fucking Blog ICQ: 307 975 028 lance {at} sonarcash {dot} com (<- Need amateur content? Email or ICQ)

03-12-2008, 06:01 PM	#31
GeorgeK Confirmed User Join Date: Dec 2003 Location: Toronto, Canada Posts: 423	If you're open to Mastercard instead of Visa, www.bmocorpmc.com might be worth investigating. They have 1% cash back corporate cards, for both US and Canadian dollar Mastercards. __________________ I buy good domain names. Send lists to George (at) LOFFS.com

03-11-2008, 12:47 PM	#9
Evil E Confirmed User Join Date: Apr 2005 Location: Lazyness is a lifestyle Posts: 3,201	BTW what is the best corporate card?

03-11-2008, 12:57 PM	#10
InsaneMidget Confirmed User Join Date: May 2002 Location: Ontario Posts: 3,767	I have the platinum avion with RBC and I like it, for every $15k spent on it you can cash out and get a round trip flight to any state or province joined by the border to the state or province you live in. This is beneficial if you live in a province or state thats connected to a big state, for example I live in Ontario and New York is connected, so I can fly to NY city for a weekend trip if I like which is nice...but if you lived in NewFoundLand this would suck ass since no one wants to fly to Quebec...

03-11-2008, 01:05 PM	#11
Evil E Confirmed User Join Date: Apr 2005 Location: Lazyness is a lifestyle Posts: 3,201	That seems like a pretty good deal Insane Midget. Do you have to pay fees on top of this? It says though $350 is the maximum ticket price.

03-11-2008, 01:15 PM	#12
InsaneMidget Confirmed User Join Date: May 2002 Location: Ontario Posts: 3,767	The annual fee is $120 I believe.

03-11-2008, 01:16 PM	#13
InsaneMidget Confirmed User Join Date: May 2002 Location: Ontario Posts: 3,767	I think they give you 15k points just for signing up and 2,500 for every year anniversary

03-11-2008, 01:17 PM	#14
Evil E Confirmed User Join Date: Apr 2005 Location: Lazyness is a lifestyle Posts: 3,201	I mean fees on top of the tickets, you know when you book airfares there's always some hidden fees that you need to pay at the end. Might consider it for a secondary card.

03-11-2008, 08:02 PM	#18
Tempest Too lazy to set a custom title Industry Role: Join Date: May 2004 Location: West Coast, Canada. Posts: 10,217	Between my BMO Air Miles bank account and their Air Miles Mastercard, I build up some pretty good air miles..

03-12-2008, 12:59 AM	#20
SmutGiant Confirmed User Join Date: Oct 2003 Posts: 4,895	I have a BMO Mosaik Gold Mastercard... annual fee of $80 or $90, one air mile per $15 spent.

03-12-2008, 06:31 PM	#33
Evil E Confirmed User Join Date: Apr 2005 Location: Lazyness is a lifestyle Posts: 3,201	What do you guys think of this one VS the air miles ones? You can purchase anything(even cheap stuff on rebate online on expedia or kayak or whatever with your points) http://www.nbc.ca/bnc/cda/productfam...-15948,00.html

03-13-2008, 08:17 AM	#37
GeorgeK Confirmed User Join Date: Dec 2003 Location: Toronto, Canada Posts: 423	I just noticed I posted the wrong URL for that BMO Mastercard option (with the 1% cash back, for both US and Canadian dollar cards). It should have been: http://www.mosaikbusiness.com/mc_for_biz/rewards.html __________________ I buy good domain names. Send lists to George (at) LOFFS.com

03-13-2008, 09:19 AM	#38
LadyMischief Orgasms N Such! Industry Role: Join Date: Sep 2002 Location: Oakville, Ontario Posts: 18,135	The CIBC Aerogold and the Avion are the best ones so far, but the fees on the Avion are high. __________________ ICQ 3522039 Content Manager - orgasm.com [email protected]