Sure, it comes with an annual fee of $119.88, but there are some pretty big perks, and there are other perks too like Front Of The Line and Amex deals.
What is the best credit card with no annual fees?
Credit Card Genius lists the card American Express Green as the best, as it offers a high rate of return without the annual fee. It gives you a point for $1, which seems like less, but each point is worth 2 cents, which adds up quickly.
You could have a return of up to 2%, which is great for a card that doesn’t have an annual fee. Plus, get a welcome bonus of 10,000 points and transfer points to six airlines.
What is the best credit card for rewards?
If you love the extra rewards, the card might be worth considering. Scotiabank Gold American Expresswhich rewards you on a lot of things, from travel to investments to donations.
For the best value, Scene+ rewards can be redeemed for travel, Cineplex movie tickets, groceries at Sobeys and Safeway restaurants, and Recipe Unlimited.
What is the best credit card for travellers?
As previously mentioned, card American Express Cobalt in first place in the travel category thanks to the welcome bonus and insurance. Plus, if you transfer points to Aeroplan, you get a 4.5% return!
However, frequent travelers can also keep an eye out for the Scotiabank Gold American Express Card, which has been named the “Best Credit Card for Foreign Currency Travel.”
This is because it allows you to skip the 2.5% foreign transaction fee and even get a 2.45% return on average expenses. It also comes with 12 types of insurance, which we all know are essential when abroad.
Plus, if you’ve been looking for a card to maximize your Air Miles rewards, the BMO Air Miles World Elite Mastercard has been given a nod in this list.
It gives you a signup bonus that’s enough for a medium-haul flight, and then on every purchase you make, you earn one mile for every $12 spent.
Travelers can also look forward to concierge service, lounge access and 25% off an Air Miles award flight each year. Last but not least, you can try this card for free for one year.
For help managing your finances, contact a financial advisor in Canada HERE.
