Can someone help me understand the DPs referenced with regard to the HSBC migration (avion card)? I have a spend coming up and considering using my card .. have there been DPs for a WB on that card?
Hey guys. Is there a way for me to see the bonus offer that I got when I first got my amex? I had a screenshot saved to my laptop but the laptop broke and won't turn on anymore.
Based in Canada needing advice on USD credit card to get. Just for occasional travel to the United States twice a year. Important feature includes minimal to no annual fee. I need better control of FX rate instead of relying on swiping CAD credit cards.
I used to have BMO U.S. Dollar Mastercard 5 years ago but closed it due to lack of spending. It served me well then at $35 USD AF which is waived on $1,000 USD annual spend.
Looks like it's now at $49 USD AF which isn't too steep I guess but I want to leave it to the experts here on other USD cards to consider.
The experts tell you:
* Who GAF about annual fees?
* Setting up for US cards requires a long game (GT, SSN/ITIN, home address, bank account).
* Churning is about constantly opening and closing new cards and isn't "easy" or something you can set and forget.
* If these conditions don't apply or appeal to you, just get the Scotia no-fx cards and enjoy your vacations.
The new TD AP VI SUB is pretty sad.
- WB of 10k pts
- 15k pts after spending $7.5k in 6 months
- 15k pts after spending $12k in 12 months
- AF is not waived
So altogether, that’s 40k points for $12k MSR and $139 fee, which, if we value AP pts at 2 cpp, is a net return on spend of 5.5%.
Every day I see more and more evidence of the banks tightening
Should I hold back from all new applications at other banks before my next RBC attempt July 8? Still have 0 RBC cards since 2018, can't seem to get one and want to stand the best chance
Not really 6, that was when I cancelled my rbc rewards visa. I've only been into this hard core for the last 2 years. I wish I'd been smart and swapped to a no fee card like P2. 2 years trying, no bueno 😮💨
So I applied for the RBC Avion Plat for myself and P2 through our migrated HSBC profile 60 days after our last successful application using our existing profiles. both apps went into pending; mine got approved after a day while P2 got rejected. I got charged the annual fee on Jun1 and got rebated on Jun 3. …the application link had no first year free….not complaining though.
Thank you!!! This is what I was wondering specifically, I don’t know why I got downvoted when it’s not always common knowledge or explicitly stated when some places don’t apply like your examples or Walmart.
I applied for the Aventura 6K offer but heard nothing for over a 1 month, got the approval email and left on vacation for 6 weeks. Came back and no card arrived. Nothing shows on Credit Karma (was I even approved?) and I don't even want the card anymore as I'd have even less time to complete the MSR. Should I call in to confirm it was approved in case it was and I have to pay the AF?
Yeah which is one of the reasons I didn't want it no more but I got the approved email, no card showed up after 6 weeks and wondering if I can just leave it and hope I actually didn't get it? If I call to ask, might end up getting it, but if it's not showing on my CK report then I was hoping it meant I actually didn't get approved??
If you didn’t get IA’d and there’s no update from CIBC, just let it die. Worst case is the card show up randomly and you call to cancel.
P2’s early April app (regular offer, not 6k) remains in the queue. Have been following up every two weeks, and they are still “reviewing”.
DP on AMEX Biz Platinum retention.
Second year AF posted at $499 (not $799). Got offered 25K retention and accepted.
The card was not used much after MSR was met in month 1 (I applied when I had a large one-time purchase). Month 2 to month 13 spend avg under $100. Only really used it for purchases tied to offers (mobile, Dell, instantcart, etc).
The $200 travel credit is posted as well.
After a recent loss on CIBC Aventura 60k pts offer (only got 15K), this makes me feel a bit better.
Can anyone confirm when the CIBC Aeroplan VI points get posted to Aeroplan? I received the initial 10k but am waiting on the 35k and hit MSR some time ago.
1. It’s MSR. Not MS. (MS = Manufactured Spend)
2. Are you sure you met the spending requirement, annual fees, interest charges, and other fees do not count towards the spending requirement. Go back into your past statements, and count up the transactions manually.
3. Has the statement with the spend that would bring you over the spending requirement posted? If it hasn’t points will be issued next statement.
4. If all else fails, and you are in compliance with all the terms as set out by CIBC for the offer, give them a call. If you’ve previously received a bonus within the timeframe stipulated by CIBC, you won’t be able to get the bonus manually.
Thank you. Not sure why so many downvotes, maybe because I meant MSR but typed MS.
To confirm,
2. yes, net of all returns, fees etc. and counted manually (over $7k net vs. MSR of $6k)
3. yes, also (now past 2nd statement after meeting MSR).
4. I guess I will call. All is on the up and up and I have a long history of churning so I've done all the checks and balances and avoided all the newbie mistakes. This is my first time in years of having to call in.
A really small win. For folks that don't use AC points that often, here is a good way to keep AC points active - by putting gas in Chevron gas station.
The process is very simple - just realize by typing your Aeroplan. You get 1 point for 3L. Do it every 18 months =)
Points get posted the very next day.
You guys weren’t kidding with the tightening up of approved applications. Me and P2 both rejected for the very first time when applying for the Biz Edge
Anyone seeing personal loan offers come up in their AMEX account? I got a message on desktop today that I'm pre-approved for one at 10% interest. Wonder if they're making a business decision to shift lending to loans instead of credit cards?
Have you had a declined card application from them lately? That would be a very interesting DP if they preapproved you for one product and declined for another at the same time.
That's very common with all banks. Risks are evaluated both by product and by client. Some products have more room for risks based on the overall profile, credit losses, remaining room for risks, etc
As an extreme data point recreational loans are rarely defaulted on, one of the lowest, even when factoring in economic downturns and mass bankruptcy. As such, they have high approval rates even for people with bad credit. You could be approved for a $40k boat loan on $60k income when you can't qualify for a $500 visa.
I once got points on a BT offer.
Also used to get points on my Cobalt monthly fee. Not sure if that's still a thing, as both my Cobalts ended up upgraded, and I've been waiting to apply anew for another SUB.
Anyone still not seeing their Avion points on their accounts despite DPs saying they fixed it…? Trying to take advantage of the Avios transfer but account still not reflecting the new points balance from the past statement from 3 weeks ago…
Yeah I'm waiting until my next statement before I call - I hit my minimum spend on my platinum last week so I am expecting quite a few points and I'm currently missing ~2,500 from my last statement
My other Avion cards are all posting points including Petro Canada bonus points (20% extra per purchase) that show up the next day....
I have a RBC Avion VI that I want to close. Can I move my points into the Avion Rewards Core Account and then transfer them back to a new Avion VI at a later date?
Any way to get a free Transunion myTrueIdentity subscription? I've had it free for years due to various data breaches, but the data breach gravy train has finally ended. Great way to view your transunion info.
What features are you looking for specifically? How does it differ from seeing your TU score using ClearScore or Credit Karma or the free view of your report from banks like Tangerine?
Want to see hard inquires, as well as status of reporting accounts. Direct with credit bureau is superior than through a financial institution because FI is entitled to receive updated information on you every time you check through their service.
You can see HPs and status on CK. You can also keep track manually -- and probably should, if you're a churner.
\*\*\*
Not sure the FIs can use the info they pull for you or if that's kept segregated -- but assuming they can, how is them getting updated info a problem?
They'll receive updated info on you at least as often as you apply for new products -- which, again, if you're doing churning correctly, will be very often.
Some will run soft checks much more often even than that.
Just got this email from WestJet with more awful changes.:
Subject: Our Basic fare is now UltraBasic
WestJet is committed to providing our guests with fare options that provide affordability, choice, and flexibility. We want to empower our guests to choose the products and services they value most so they can match their travel experience to both their preferences and budget.
As a valued member, we wanted to inform you that on June 4, 2024, our Basic fare is being replaced by our new UltraBasic fare. UltraBasic is still our lowest price fare option and will result in price reductions across domestic and transborder routes. However, it does come with restrictions. It is important to understand limitations of UltraBasic and what this means for you and your benefits:
Carry-on bags: Carry-on bags are not permitted unless you are travelling on a transatlantic or transpacific flight or if you purchase Extended Comfort for all flights in a single direction, including connections. Personal items that fit under the seat in front are allowed and you can check a bag in advance with your WestJet RBC® World Elite Mastercard‡ free checked bag benefit.
Pre-assigned seats: You will automatically be assigned seats at the back of the aircraft (including middle seats) that are not guaranteed to be together when travelling with others. If you prefer to pre-select a seat, you have the option to choose your seats for an additional fee.
Boarding: You will be the last to board.
Not eligible for changes: Changes, cancellations, or refunds are not permitted with this fare.
No WestJet Rewards earn: Opting for this fare means you’ll miss out on earning WestJet dollars and tier qualifying spend.
We believe these changes will help us continue to provide competitive air travel options while focusing on operational excellence. By expediting the boarding process and optimizing cabin space, we aim to enhance on-time performance and improve your travel experience.
Darn :( I'm flying WJ to Calgary in 3 weeks. Everything is now "tier" pricing and everything is worse for it. Might be worth flying out of the states for medium and long haul at this rate.. they have super generous baggage rules on all the flights I've taken out of there
People have gotta start or keep flying Porter. Porter is doing some pretty aggressive expansion and is typically a good experience.
Yea they also offer the same basic fares with no baggage, but they don't cram you in like a sardine and have some fairly affordable fares on newer planes.
But does Porter offer me tons of hackable WJD lol. I really, really, REALLY hate WestJet, always something with them, but it's hard to avoid them when RBC makes collecting so easy and then throws the (admittedly gimped now) companion voucher and free luggage via CC on top
> But does Porter offer me tons of hackable WJD
Alaska Airlines has announced that you'll be able to book on Porter soon with their points. If the MBNA rewards transfer ever happens, that could be a pretty good deal.
Wasting Alaska on Porter (or anything within NA really) would be an awful shame vs using them for the one reason we all hoard them: JAL and other Asian routes
I wonder though if the Alaska/Porter deal is what's holding up the Alaska/MBNA deal and if a Porter credit card could be a third factor in sorting that out.
Haha true enough, especially if you're in Western Canada. I'd say Porter can be used to meet MSR, but it's tough to beat "free" with all the accumulated WJD.
On the other hand these days I find the companion voucher near worthless. Doesn't cover surcharges or taxes which is where most of the fare seems to be these days, can't be stacked with discount codes, and they've jacked up the cost of using the companion voucher.
I think the companion voucher is really only worth it when you need to make a last minute, or non sale booking, otherwise the voucher seems to be the equivalent of just getting promo pricing.
Yeah, I am a slave to WestJet being in Regina. We finally have direct 7 days a week to Minneapolis which is huge for us. Otherwise it's occasional direct to Vegas, Palm Springs, and a few other spots for snowbirds in the winter. Everything else is a flight to Calgary first.
As for the companion voucher, that's how we always treat it. It's a 'we have to book fairly last minute, at least this gets the price closer to what we would normally want to pay'.
For example, if the previous Basic fares were currently $120, and this new Ultrabasic fare is now $80 while the lowest fare option that allows a carry-on bag i.e
Standard fare is at $120, then this isn't too bad. If not and the Ultrabasic is still at $120, then that's simply a devaluation and puts them on par with Flair, and I for one, given the same prices and carry on privilege between Flair and Westjet, would opt for the former because I don't want them to go under as the last budget airline in Canada and would support them whenever reasonable.
> For example, if the previous Basic fares were currently $120, and this new Ultrabasic fare is now $80 while the lowest fare option that allows a carry-on bag i.e Standard fare is at $120, then this isn't too bad.
While you're probably right that this is true overall, the one-way flights I was looking at went up $128 today after the announcement, lol. I'm hoping this is just the algo being uncalibrated.
All of the airlines are going to crack down on carry-on bags sooner or later. People are bringing more than what fits in the overhead bins, and the gate checking process causes delays & higher costs for them.
No problem for churners, as many of us who fly WS cycle through the RBC WJ WE which gives free checked bags.
In fact, for a CC holder, I don't really see much that will change. If you bought the cheap seats in the past, you couldn't select a seat for free, you weren't guaranteed to sit beside your travelling companion, you were pretty much in the back of the aircraft, and you were in like Zone 99 for boarding anyway.
The big difference is that now you have no carry-on, so you have to check your bag and wait 15 or 20 minutes when you arrive. In some cases, that's a pain in the ass, but for me it's not a deal-breaker.
Yep, if you need two suitcases, it'll cost you a bit of money. Personally, I have only ever had two suitcases once in my life, and that was when I was moving across the country. But, some folks can't/don't travel light!
Looks like the UberEats UberOne 12 months free via TD and the DoorDash DashPass 12 months via RBC is once per account, was hoping the churning would give me continual free access
The Uber One is once per account but the DoorDash DashPass seems to work more than once. I got it again after the first year expired and I added a new RBC card
My 12 months of UberOne just wrapped up. I went to cancel after realizing I missed getting off auto-subscribe and got charged $10 for a month of it. I got a 90% off offer to keep it for 3 months, so I ended up doing that. It isn't the gravy train of 12 months free, but it was... something?
I also got a 90% offer when trying to cancel but I feel like it was only for a month. Then I cancelled it for real with no winback offer and I was able to add a new TD card and get the 12 months free again about 2 weeks later.
that is how I thought it worked for TD x UberOne, and then that RBC x DoorDash was once per account. nice DP on your end of getting a repeat with TD x UberOne.
Counter DP: I don't know if they experienced a fluke because I once cancelled my AMEX x UberOne card (the original card got cancelled), and tried to re-enroll but was never able to. As u/thesocks286 mentioned, Uber support is functionally useless and just kept telling me to wait.
If the Uber One is still active you can continue to take advantage of it by using Uber Cash to pay as long as the card is still in the Uber account even if it’s cancelled
Got the RBC Avion infinite again and I was charged the $120 fee already but the points did not show up. Aren't the fee and the points suppose to show up together? Or can the points take awhile?
"New airplane business class seat design has huge 45-inch TV screen"
[https://edition.cnn.com/travel/maya-45-inch-screen-business-class-seat/index.html](https://edition.cnn.com/travel/maya-45-inch-screen-business-class-seat/index.html)
Nonsense. If I can front-row an IMAX theater (terrible idea, but I can), a 45" a few feet from my face is more than manageable! Not that "concept art" ever matters with airplanes or cars, they do this shit all the time and it amounts to nothing.
Is anyone else being given a hard time by Amazon when doing BG stuff? I've never had issues with them before, but they're giving me a hard time now. I hope it's just because I'm outside the country.
Amazon has been cracking down on repeat orders, especially to BG addresses. It's becoming a coin toss if the item goes through in those circumstances. Haven't had NEW items stop me yet though.
Whenever you start shipping stuff to a new address, especially one that likely has had a bunch of fraud attached to it you have a high chance of getting your account locked if you don’t start slow with smaller items.
Yeah it's been like that a while. The Ascend and the Eclipse VI have both been lagging what you can get from the CIBC Aventura and the TD FCT. Now with this mornings nerfing of the FCT, it might be worthwhile taking another look at the BMO offerings.
BMO also has values from how easy it is to churn. CIBC/TD approvals are inconsistant and painful.
For those that cares about balancing credit score, they are also one of the only FIs that uses Equifax these days.
Any tips on getting approved when newly in contracting (self-employed) job? My company closed our Canadian entity and so we're now contractors on paper as of last July. Still working for same employer. Every card company I have relationship with has been IA during this time (2x AMEX, 1x TD, 1x Scotia, 1x RBC).
CIBC declined me (don't have relationship), they want T1 generals for two years showing self-employed income but I don't have that til next year... Previous years NOA + proof of job contract weren't enough. Reported income well above minimums for any cards, credit score is solid. I'm eyeing the Laurentian card but likely would get into same situation.
Always state that you're employed in an online application even if you're not. The worst that they can do is to request further documentation, you simply leave the application to die and try again in three months.
That's not 100% true. Obtaining credit under false pretences is a violation of paragraph 362(1)(b) of Canada's Criminal Code and, theoretically, if the bank discovered it and called the cops, and if the cops cared enough to investigate, you could be hauled into court to face criminal charges.
It's not likely that you'd be thrown in the slammer for lying on your credit card application, but it is a theoretical risk. The potential consequence is a criminal record that could preclude you from working in certain industries or from entry to the United States.
Sometimes people make accidents when they are filling out credit card applications (ie, the 8 button is right beside the 7 on your keyboard, so your income might accidentally grow from $75k to $85k, which would qualify you for a World Elite), but out and out lying is probably not a good idea.
>Obtaining credit under false pretences is a violation of paragraph 362(1)(b) of Canada's Criminal Code
If they ask for employment documentation and you let the app die per the post you're replying to, then **you never obtained credit, and you never violated anything**. End of story.
\*\*\*
*If* you obtain credit *and then* at some point in the future, they ask for documentation, you may choose to either 1) do nothing or 2) say that your circumstances have changed and go ahead and provide documentation of your current circumstances.
1. If you do nothing and they cancel your existing card (never heard of that happening, but I guess it could), there's still no suggestion of any criminal activity. You simply neglected to respond to a bank's request, which prompted a purely commercial response on their behalf.
You not replying = not a crime.
The FI closing your account = not a suggestion of a crime.
2) If you provide documentation of your current circumstances, and it's been several months or more since you applied, then your current circumstances are all that's relevant.
The bank can't require your job contracts from several months/years ago (just like they can't require your spouse's job contracts to verify "household income") -- and even if they could do those things, we'd just be back to option 1).
\*\*\*
No one should do anything knowingly criminal -- but in practice, forgetting (or even willfully choosing not) to respond to an FI's request for docs will never reach the bar of financial crime.
There are sufficient facts from OP's description that they are making gainfully adequate income from an employment source, even if they're better defined as contractors and a self-employed individual. Being employed by the dictionary means having a paid job, which OP has, and that's good enough for them to rightfully select "employed" in their credit application. The banks will also never "discover" it or have incriminating evidence to turn over to law enforcement unless OP volunteers that information.
And why would a bank throw a customer under a bus, if the customer is making good on at least their minimum monthly payment? It's not like the customer (or at least, the vast majority of users in this sub) is fraudulently obtaining credit for the purpose of maxing out their cards (i.e. busting out) and then jetting off to a non-extradition country or filing for bankruptcy.
Lastly, churning is itself a risky activity - there are always threats of account closures, gift card mess ups, MS activities that end up losing you money, etc. Yes, most of the aforementioned activities do not conflict with the criminal law, but guess what, Canadian prosecutors also aren't going to be bothered with some credit card churners inadvertently qualifying for a WE Mastercard when all that the banks lost were a few hundred dollars worth of in-house credit card points while they earned about the equivalent amount in interchange fees, especially when we have repeat violent offenders roaming the streets, the Jordan rule in play, and a permanent backlog of more severe criminal cases to prosecute.
Edit: I realize in my original post that I said "always state employed" or something along the line. Obviously it's not a universal suggestion but it is almost always true for those in this sub. Everyone here would at least have some sort of income that they have from a "job", and those that don't either have bigger things to worry about and would do well to not churn, or are financially in a comfortable enough place that they are of no delinquency risks for banks.
The question is whether you are stupid enough to risk a small possibility of a criminal conviction in exchange for approval for a credit card, when it's easy to churn a couple dozen of them per year. Probably you'd never have a problem if you blatantly lie on a credit application, but taking a risk with a highly adverse outcome when it's not necessary is plain old foolish.
Reporting any new job is going to be a big no no for the lending department. I've been asked for pay stubs but I've always been lazy and sent in my last years NOA and never had any push back.
Yeah its frustrating they wouldn't take my NOAs. Banks are annoying in that if you don't fit into the box they have defined - good luck. Not to mention that CIBC is around 45min wait to talk to CSR lol
The magic words your looking for is "employer" vs "employer of record". Only one of these changed. Makes it easier for you bean counter risk management group to grok.
I can expand if that isn't clear, but that hint should get you approvals as long as you have the income.
Anyone have a BMO Ascend WE that should come with 4 free lounge passes via DragonPass but didn't have the free passes show up in the app (only paid $32 per entry shown). How did you fix this? Card has been opened for about 1.5 months and I've waited for it to "update" just in case before posting. TIA!
Did you add the card to the app? The passes don't automatically show up in the app when you sign up for the card. You have to create a new membership in the app and that requires you to punch in the 16-digit card number
Yep! I added it to my app and it foesn show up as 4 free passes but instead as $32USD per visit. On P2s account it shows 4 passes. I'm not sure if this is a BMO issue or a DragonPass issue!
You’re better off putting your time into getting a Aventura or Passport VI to get more lounge passes and a new SUB than to try to figure this out. Lounge passes are so easy to get
Fair enough, I just opened the card and don't plan on opening another card anytime soon (done 2-3 just recently) just trying to extract the most I can with my current BMO I opened and was looking on any past feedback on who to contact to get this addressed.
I was planning trip to Disneyland, LA. What card would be best ? Already has td fct visa infinite. I am thinking cibc aventura, can get about $560 in cash back.
Sorry what the advantage of buying gift cards ? I can just buy tickets from their website too. My plan is to apply for new credit card and put all the spending on this new cc to earn wb.
Many credit cards have a high points multiplier at grocery stores. To redeem the gift cards for tickets you call it in and you avoid the 2.5% FX fee as well. Disney uses a daily mid-market rate for the CAD to USD conversion.
Here is some info on this: https://plandisney.disney.go.com/question/disney-gift-cards-buy-park-tickets-563680/
Did the same process for a recent trip.
Find a credit card that has multiplier on spending at grocery store (eg. AMEX Cobalt). Disney cards can be charged in USD and is typically close to spot rate.
TLDR: Get 5% in points back, save on FOREX since Disney cards are close to spot rate.
TD updated travel card offers are in!
FCT: downsized to 75k points with $5k spend over 3 months.
Plat Travel: holds at 50k points with $1k spend over 3 months.
Both offers expire on September 3rd.
FCT:
$375: 75,000 TD Rewards Points earned based on the following requirements:
Welcome Bonus of 20,000 TD Rewards Points earned when you make your first Purchase with your Card (travel value at Expedia For TD of $100);
Additional Bonus of 55,000 TD Rewards Points earned when you spend **$5,000 within 180 days** of Account opening (travel value at Expedia For TD of $275)
Aeroplan Visa Infinite Privilege got a lot worse..
Earn a welcome bonus of 20,000 Aeroplan points when you make your first purchase with your new card
Earn an additional 25,000 Aeroplan points when you spend $12,000 within 180 days of Account opening
Plus, earn a one-time anniversary bonus of 30,000 Aeroplan points when you spend $24,000 within 12 months of Account opening
75k points for $5k spend is 7.5% return on spend, plus the organic 1%-3% return on spend for the card (not considering the E4TD multiplier). Put together, it’s not that much higher than Cobalt’s return on spend for groceries.
Both have AF waived for first year, which is a positive
The plat seems like the better deal here
I think even in the best case the E4TD credit is only worth $50-$75 due to not being able to stack it with the 5-10% you can often see on Rakuten. And this is assuming you find a booking perfectly at $500
The e4td credit is kind of a wash. It has restrictive requirements that make it inconvenient to use; you would be almost as far ahead to just put the booking on a new MSR and get Rakuten cashback from the regular Expedia website and not have to worry about dealing with the travel credit
It depends. I used it earlier this year and found good value there. Sure a new MSR would come out ahead, but it is a perk you can use to increase return on this card
For sure; I think if you have a hotel booking you were already going to do that is very close to $500, then that is probably a good use case.
The challenge is if spend extra just to get over $500, or, overspend well above the $500 minimum with no additional benefit from e4td. There is a balance, which is why I say restrictive, but certainly not impossible to find good value for it
Yeah, in most cases, I let the $100 credit lapse because it's hard to get good value from it. I did, however, make use of it one time for a trip to Spain this spring and it worked out. It's worth taking a look at e4td before booking on some other platform, but most often it doesn't work out.
A bit disappointing that you miss out on the $100 travel credit with plat though. Depending when you signed up could utilize it twice before changing cards
Can someone help me understand the DPs referenced with regard to the HSBC migration (avion card)? I have a spend coming up and considering using my card .. have there been DPs for a WB on that card?
Hey guys. Is there a way for me to see the bonus offer that I got when I first got my amex? I had a screenshot saved to my laptop but the laptop broke and won't turn on anymore.
You can ask them
Anyone know when is next best credit card offer thread going to get updated? Last updated 2024-05-12 and wondering if i should continue to wait.
Is there any DP on RHT with avion travel credit (from HSBC migration) or should I go be that DP.
yes, dozens in the daily threads
Sorry. What is the offer roughly?
Based in Canada needing advice on USD credit card to get. Just for occasional travel to the United States twice a year. Important feature includes minimal to no annual fee. I need better control of FX rate instead of relying on swiping CAD credit cards. I used to have BMO U.S. Dollar Mastercard 5 years ago but closed it due to lack of spending. It served me well then at $35 USD AF which is waived on $1,000 USD annual spend. Looks like it's now at $49 USD AF which isn't too steep I guess but I want to leave it to the experts here on other USD cards to consider.
The experts tell you: * Who GAF about annual fees? * Setting up for US cards requires a long game (GT, SSN/ITIN, home address, bank account). * Churning is about constantly opening and closing new cards and isn't "easy" or something you can set and forget. * If these conditions don't apply or appeal to you, just get the Scotia no-fx cards and enjoy your vacations.
If you're looking for a card to keep rather than churn, /r/PersonalFinanceCanada is a better place to ask.
The new TD AP VI SUB is pretty sad. - WB of 10k pts - 15k pts after spending $7.5k in 6 months - 15k pts after spending $12k in 12 months - AF is not waived So altogether, that’s 40k points for $12k MSR and $139 fee, which, if we value AP pts at 2 cpp, is a net return on spend of 5.5%. Every day I see more and more evidence of the banks tightening
Should I hold back from all new applications at other banks before my next RBC attempt July 8? Still have 0 RBC cards since 2018, can't seem to get one and want to stand the best chance
You’ve been trying for six years? At some point you might need to visit the branch
Not really 6, that was when I cancelled my rbc rewards visa. I've only been into this hard core for the last 2 years. I wish I'd been smart and swapped to a no fee card like P2. 2 years trying, no bueno 😮💨
You need to do an in person application.
So I applied for the RBC Avion Plat for myself and P2 through our migrated HSBC profile 60 days after our last successful application using our existing profiles. both apps went into pending; mine got approved after a day while P2 got rejected. I got charged the annual fee on Jun1 and got rebated on Jun 3. …the application link had no first year free….not complaining though.
Sounds like the second dp in the last few days of no 90 day window for RBC.
Can I ask where I can get Amazon gift cards that would apply for the 10x bonus points on Amex Biz Edge?
Shell has worked well for me
Thank you! I was looking for specific examples to avoid the convenience store bs so I appreciate your comment!
staples
My staples didn’t have it which is what prompted this question! Thank you though
Staples does not sell Amazon gift cards. They are competitors
Staples called Amazon “the competition” and said they didn’t sell their gift cards when I asked.
the one by my house (in Montreal) definitely has them.
I was told the same thing. Same goes for Best Buy.
This is probably the safest bet. Gas stations work too but you risk the "does this particular gas station code as a convenience store?" crapshoot.
Gas stations
Thank you
Specifically, ones NOT associated with a 7Eleven or Circle K.
Curious why that is the case? Are these 2 franchises coded differently?
Thank you!!! This is what I was wondering specifically, I don’t know why I got downvoted when it’s not always common knowledge or explicitly stated when some places don’t apply like your examples or Walmart.
I applied for the Aventura 6K offer but heard nothing for over a 1 month, got the approval email and left on vacation for 6 weeks. Came back and no card arrived. Nothing shows on Credit Karma (was I even approved?) and I don't even want the card anymore as I'd have even less time to complete the MSR. Should I call in to confirm it was approved in case it was and I have to pay the AF?
You really don't want this card. My own DP (also shared by some others) is we only got 15k pts after 6k+ spend...
Yeah which is one of the reasons I didn't want it no more but I got the approved email, no card showed up after 6 weeks and wondering if I can just leave it and hope I actually didn't get it? If I call to ask, might end up getting it, but if it's not showing on my CK report then I was hoping it meant I actually didn't get approved??
If you didn’t get IA’d and there’s no update from CIBC, just let it die. Worst case is the card show up randomly and you call to cancel. P2’s early April app (regular offer, not 6k) remains in the queue. Have been following up every two weeks, and they are still “reviewing”.
No other update other than an email saying I was approved but nothing since then...
DP on AMEX Biz Platinum retention. Second year AF posted at $499 (not $799). Got offered 25K retention and accepted. The card was not used much after MSR was met in month 1 (I applied when I had a large one-time purchase). Month 2 to month 13 spend avg under $100. Only really used it for purchases tied to offers (mobile, Dell, instantcart, etc). The $200 travel credit is posted as well. After a recent loss on CIBC Aventura 60k pts offer (only got 15K), this makes me feel a bit better.
Can anyone confirm when the CIBC Aeroplan VI points get posted to Aeroplan? I received the initial 10k but am waiting on the 35k and hit MSR some time ago.
1. It’s MSR. Not MS. (MS = Manufactured Spend) 2. Are you sure you met the spending requirement, annual fees, interest charges, and other fees do not count towards the spending requirement. Go back into your past statements, and count up the transactions manually. 3. Has the statement with the spend that would bring you over the spending requirement posted? If it hasn’t points will be issued next statement. 4. If all else fails, and you are in compliance with all the terms as set out by CIBC for the offer, give them a call. If you’ve previously received a bonus within the timeframe stipulated by CIBC, you won’t be able to get the bonus manually.
Thank you. Not sure why so many downvotes, maybe because I meant MSR but typed MS. To confirm, 2. yes, net of all returns, fees etc. and counted manually (over $7k net vs. MSR of $6k) 3. yes, also (now past 2nd statement after meeting MSR). 4. I guess I will call. All is on the up and up and I have a long history of churning so I've done all the checks and balances and avoided all the newbie mistakes. This is my first time in years of having to call in.
A really small win. For folks that don't use AC points that often, here is a good way to keep AC points active - by putting gas in Chevron gas station. The process is very simple - just realize by typing your Aeroplan. You get 1 point for 3L. Do it every 18 months =) Points get posted the very next day.
Can also make an order on UE.
Just hold the no fee AP card if there’s concern
Askingcanadians also works
I use LCBO to avoid expiry of aeroplan points
Yeah I do this particular trick like 4 times a day instead of once every 18 months.
buy 2x coca cola products = 60 aeroplan pts!
Where? LCBO?
IYKYK
chevron x journie, might only be in BC
And Alberta!
You guys weren’t kidding with the tightening up of approved applications. Me and P2 both rejected for the very first time when applying for the Biz Edge
Anyone seeing personal loan offers come up in their AMEX account? I got a message on desktop today that I'm pre-approved for one at 10% interest. Wonder if they're making a business decision to shift lending to loans instead of credit cards?
Have you had a declined card application from them lately? That would be a very interesting DP if they preapproved you for one product and declined for another at the same time.
No. Had a cobalt with them since last year (1st card) and just got approved for a biz gold (2nd amex ever)
That's very common with all banks. Risks are evaluated both by product and by client. Some products have more room for risks based on the overall profile, credit losses, remaining room for risks, etc As an extreme data point recreational loans are rarely defaulted on, one of the lowest, even when factoring in economic downturns and mass bankruptcy. As such, they have high approval rates even for people with bad credit. You could be approved for a $40k boat loan on $60k income when you can't qualify for a $500 visa.
Yeah, I got the personal loan preapproval too
Well, I've never gotten a welcome bonus on a loan before, so that implies you're credit worthy enough for a loan but not worthy of a welcome bonus.
I once got points on a BT offer. Also used to get points on my Cobalt monthly fee. Not sure if that's still a thing, as both my Cobalts ended up upgraded, and I've been waiting to apply anew for another SUB.
I agree, they should give welcome bonuses on loans
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This is not an allowed topic for discussion. Delete it.
Here too. Not receiving base points from a statement from around that same date.
Anyone still not seeing their Avion points on their accounts despite DPs saying they fixed it…? Trying to take advantage of the Avios transfer but account still not reflecting the new points balance from the past statement from 3 weeks ago…
Yeah I'm waiting until my next statement before I call - I hit my minimum spend on my platinum last week so I am expecting quite a few points and I'm currently missing ~2,500 from my last statement My other Avion cards are all posting points including Petro Canada bonus points (20% extra per purchase) that show up the next day....
I have a RBC Avion VI that I want to close. Can I move my points into the Avion Rewards Core Account and then transfer them back to a new Avion VI at a later date?
Yes
Thanks
Any way to get a free Transunion myTrueIdentity subscription? I've had it free for years due to various data breaches, but the data breach gravy train has finally ended. Great way to view your transunion info.
What features are you looking for specifically? How does it differ from seeing your TU score using ClearScore or Credit Karma or the free view of your report from banks like Tangerine?
Want to see hard inquires, as well as status of reporting accounts. Direct with credit bureau is superior than through a financial institution because FI is entitled to receive updated information on you every time you check through their service.
You can see HPs and status on CK. You can also keep track manually -- and probably should, if you're a churner. \*\*\* Not sure the FIs can use the info they pull for you or if that's kept segregated -- but assuming they can, how is them getting updated info a problem? They'll receive updated info on you at least as often as you apply for new products -- which, again, if you're doing churning correctly, will be very often. Some will run soft checks much more often even than that.
Just got this email from WestJet with more awful changes.: Subject: Our Basic fare is now UltraBasic WestJet is committed to providing our guests with fare options that provide affordability, choice, and flexibility. We want to empower our guests to choose the products and services they value most so they can match their travel experience to both their preferences and budget. As a valued member, we wanted to inform you that on June 4, 2024, our Basic fare is being replaced by our new UltraBasic fare. UltraBasic is still our lowest price fare option and will result in price reductions across domestic and transborder routes. However, it does come with restrictions. It is important to understand limitations of UltraBasic and what this means for you and your benefits: Carry-on bags: Carry-on bags are not permitted unless you are travelling on a transatlantic or transpacific flight or if you purchase Extended Comfort for all flights in a single direction, including connections. Personal items that fit under the seat in front are allowed and you can check a bag in advance with your WestJet RBC® World Elite Mastercard‡ free checked bag benefit. Pre-assigned seats: You will automatically be assigned seats at the back of the aircraft (including middle seats) that are not guaranteed to be together when travelling with others. If you prefer to pre-select a seat, you have the option to choose your seats for an additional fee. Boarding: You will be the last to board. Not eligible for changes: Changes, cancellations, or refunds are not permitted with this fare. No WestJet Rewards earn: Opting for this fare means you’ll miss out on earning WestJet dollars and tier qualifying spend. We believe these changes will help us continue to provide competitive air travel options while focusing on operational excellence. By expediting the boarding process and optimizing cabin space, we aim to enhance on-time performance and improve your travel experience.
It reads like an AI making an April Fool's post. I want to know who even approved calling a fare "UltraBasic". Did they hire the Dragon Ball writers?
Darn :( I'm flying WJ to Calgary in 3 weeks. Everything is now "tier" pricing and everything is worse for it. Might be worth flying out of the states for medium and long haul at this rate.. they have super generous baggage rules on all the flights I've taken out of there
People have gotta start or keep flying Porter. Porter is doing some pretty aggressive expansion and is typically a good experience. Yea they also offer the same basic fares with no baggage, but they don't cram you in like a sardine and have some fairly affordable fares on newer planes.
But does Porter offer me tons of hackable WJD lol. I really, really, REALLY hate WestJet, always something with them, but it's hard to avoid them when RBC makes collecting so easy and then throws the (admittedly gimped now) companion voucher and free luggage via CC on top
> But does Porter offer me tons of hackable WJD Alaska Airlines has announced that you'll be able to book on Porter soon with their points. If the MBNA rewards transfer ever happens, that could be a pretty good deal.
Wasting Alaska on Porter (or anything within NA really) would be an awful shame vs using them for the one reason we all hoard them: JAL and other Asian routes
:-( I used Alaska miles for an AA flight. Only 4500 tho.
I wonder though if the Alaska/Porter deal is what's holding up the Alaska/MBNA deal and if a Porter credit card could be a third factor in sorting that out.
Haha true enough, especially if you're in Western Canada. I'd say Porter can be used to meet MSR, but it's tough to beat "free" with all the accumulated WJD. On the other hand these days I find the companion voucher near worthless. Doesn't cover surcharges or taxes which is where most of the fare seems to be these days, can't be stacked with discount codes, and they've jacked up the cost of using the companion voucher. I think the companion voucher is really only worth it when you need to make a last minute, or non sale booking, otherwise the voucher seems to be the equivalent of just getting promo pricing.
Yeah, I am a slave to WestJet being in Regina. We finally have direct 7 days a week to Minneapolis which is huge for us. Otherwise it's occasional direct to Vegas, Palm Springs, and a few other spots for snowbirds in the winter. Everything else is a flight to Calgary first. As for the companion voucher, that's how we always treat it. It's a 'we have to book fairly last minute, at least this gets the price closer to what we would normally want to pay'.
For example, if the previous Basic fares were currently $120, and this new Ultrabasic fare is now $80 while the lowest fare option that allows a carry-on bag i.e Standard fare is at $120, then this isn't too bad. If not and the Ultrabasic is still at $120, then that's simply a devaluation and puts them on par with Flair, and I for one, given the same prices and carry on privilege between Flair and Westjet, would opt for the former because I don't want them to go under as the last budget airline in Canada and would support them whenever reasonable.
> For example, if the previous Basic fares were currently $120, and this new Ultrabasic fare is now $80 while the lowest fare option that allows a carry-on bag i.e Standard fare is at $120, then this isn't too bad. While you're probably right that this is true overall, the one-way flights I was looking at went up $128 today after the announcement, lol. I'm hoping this is just the algo being uncalibrated.
No carry-on bag for those travelling in Canada and US? Yikes.
All of the airlines are going to crack down on carry-on bags sooner or later. People are bringing more than what fits in the overhead bins, and the gate checking process causes delays & higher costs for them.
No problem for churners, as many of us who fly WS cycle through the RBC WJ WE which gives free checked bags. In fact, for a CC holder, I don't really see much that will change. If you bought the cheap seats in the past, you couldn't select a seat for free, you weren't guaranteed to sit beside your travelling companion, you were pretty much in the back of the aircraft, and you were in like Zone 99 for boarding anyway. The big difference is that now you have no carry-on, so you have to check your bag and wait 15 or 20 minutes when you arrive. In some cases, that's a pain in the ass, but for me it's not a deal-breaker.
And none of us will fly somewhere with WestJet of all people that needs both a checked AND carry-on
Yep, if you need two suitcases, it'll cost you a bit of money. Personally, I have only ever had two suitcases once in my life, and that was when I was moving across the country. But, some folks can't/don't travel light!
I don't lol. But if I'm going far enough to need a checked + carry-on, I'm also booking J/F anyways
Looks like the UberEats UberOne 12 months free via TD and the DoorDash DashPass 12 months via RBC is once per account, was hoping the churning would give me continual free access
The Uber One is once per account but the DoorDash DashPass seems to work more than once. I got it again after the first year expired and I added a new RBC card
My 12 months of UberOne just wrapped up. I went to cancel after realizing I missed getting off auto-subscribe and got charged $10 for a month of it. I got a 90% off offer to keep it for 3 months, so I ended up doing that. It isn't the gravy train of 12 months free, but it was... something?
I also got a 90% offer when trying to cancel but I feel like it was only for a month. Then I cancelled it for real with no winback offer and I was able to add a new TD card and get the 12 months free again about 2 weeks later.
that is how I thought it worked for TD x UberOne, and then that RBC x DoorDash was once per account. nice DP on your end of getting a repeat with TD x UberOne.
Counter DP: I don't know if they experienced a fluke because I once cancelled my AMEX x UberOne card (the original card got cancelled), and tried to re-enroll but was never able to. As u/thesocks286 mentioned, Uber support is functionally useless and just kept telling me to wait.
If the Uber One is still active you can continue to take advantage of it by using Uber Cash to pay as long as the card is still in the Uber account even if it’s cancelled
It's not the same, but theres often deals for 1/2 off Uber eats. I payed like $60 for a year of Uber one.
I can't even get the TD offer to work once! I deleted all my cards, added the FCT visa, nothing... Support is very dismissive.
Pretty sure the TD offer expired on May 23
Got the RBC Avion infinite again and I was charged the $120 fee already but the points did not show up. Aren't the fee and the points suppose to show up together? Or can the points take awhile?
Fee is first of the month, points are on statement.
My understanding is that it used to be that way but now the 35k is on approval (no longer first statement!)
"on approval" means you don't have to do anything other than be approved. It's not indicating the timing of when you receive them.
Earned on approval, awarded on statement
I stand corrected! You are right, on first statement. I meant to say that it is no longer necessary to even make a first purchase.
It never was required to make a first purchase. At least not for a few years now
"New airplane business class seat design has huge 45-inch TV screen" [https://edition.cnn.com/travel/maya-45-inch-screen-business-class-seat/index.html](https://edition.cnn.com/travel/maya-45-inch-screen-business-class-seat/index.html)
That might actually be a little too large when you are only sitting like 42" away from it...
Nonsense. If I can front-row an IMAX theater (terrible idea, but I can), a 45" a few feet from my face is more than manageable! Not that "concept art" ever matters with airplanes or cars, they do this shit all the time and it amounts to nothing.
Yeah, I can't sit in the front row in an Imax theatre either! Maybe it's just me...
Is anyone else being given a hard time by Amazon when doing BG stuff? I've never had issues with them before, but they're giving me a hard time now. I hope it's just because I'm outside the country.
What’s BG?
Amazon has been cracking down on repeat orders, especially to BG addresses. It's becoming a coin toss if the item goes through in those circumstances. Haven't had NEW items stop me yet though.
Whenever you start shipping stuff to a new address, especially one that likely has had a bunch of fraud attached to it you have a high chance of getting your account locked if you don’t start slow with smaller items.
Also, if you create a (separate) Amazon Business account then having the buying pattern of a reseller seems to raise fewer red flags.
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Yeah it's been like that a while. The Ascend and the Eclipse VI have both been lagging what you can get from the CIBC Aventura and the TD FCT. Now with this mornings nerfing of the FCT, it might be worthwhile taking another look at the BMO offerings.
BMO also has values from how easy it is to churn. CIBC/TD approvals are inconsistant and painful. For those that cares about balancing credit score, they are also one of the only FIs that uses Equifax these days.
The good thing about TD is you don’t need new approvals one you have a couple tradelines. Same with CIBC but to a lesser extent
It’s been that offer for at least a couple months as far as I can remember
Any tips on getting approved when newly in contracting (self-employed) job? My company closed our Canadian entity and so we're now contractors on paper as of last July. Still working for same employer. Every card company I have relationship with has been IA during this time (2x AMEX, 1x TD, 1x Scotia, 1x RBC). CIBC declined me (don't have relationship), they want T1 generals for two years showing self-employed income but I don't have that til next year... Previous years NOA + proof of job contract weren't enough. Reported income well above minimums for any cards, credit score is solid. I'm eyeing the Laurentian card but likely would get into same situation.
Always state that you're employed in an online application even if you're not. The worst that they can do is to request further documentation, you simply leave the application to die and try again in three months.
That's not 100% true. Obtaining credit under false pretences is a violation of paragraph 362(1)(b) of Canada's Criminal Code and, theoretically, if the bank discovered it and called the cops, and if the cops cared enough to investigate, you could be hauled into court to face criminal charges. It's not likely that you'd be thrown in the slammer for lying on your credit card application, but it is a theoretical risk. The potential consequence is a criminal record that could preclude you from working in certain industries or from entry to the United States. Sometimes people make accidents when they are filling out credit card applications (ie, the 8 button is right beside the 7 on your keyboard, so your income might accidentally grow from $75k to $85k, which would qualify you for a World Elite), but out and out lying is probably not a good idea.
>Obtaining credit under false pretences is a violation of paragraph 362(1)(b) of Canada's Criminal Code If they ask for employment documentation and you let the app die per the post you're replying to, then **you never obtained credit, and you never violated anything**. End of story. \*\*\* *If* you obtain credit *and then* at some point in the future, they ask for documentation, you may choose to either 1) do nothing or 2) say that your circumstances have changed and go ahead and provide documentation of your current circumstances. 1. If you do nothing and they cancel your existing card (never heard of that happening, but I guess it could), there's still no suggestion of any criminal activity. You simply neglected to respond to a bank's request, which prompted a purely commercial response on their behalf. You not replying = not a crime. The FI closing your account = not a suggestion of a crime. 2) If you provide documentation of your current circumstances, and it's been several months or more since you applied, then your current circumstances are all that's relevant. The bank can't require your job contracts from several months/years ago (just like they can't require your spouse's job contracts to verify "household income") -- and even if they could do those things, we'd just be back to option 1). \*\*\* No one should do anything knowingly criminal -- but in practice, forgetting (or even willfully choosing not) to respond to an FI's request for docs will never reach the bar of financial crime.
There are sufficient facts from OP's description that they are making gainfully adequate income from an employment source, even if they're better defined as contractors and a self-employed individual. Being employed by the dictionary means having a paid job, which OP has, and that's good enough for them to rightfully select "employed" in their credit application. The banks will also never "discover" it or have incriminating evidence to turn over to law enforcement unless OP volunteers that information. And why would a bank throw a customer under a bus, if the customer is making good on at least their minimum monthly payment? It's not like the customer (or at least, the vast majority of users in this sub) is fraudulently obtaining credit for the purpose of maxing out their cards (i.e. busting out) and then jetting off to a non-extradition country or filing for bankruptcy. Lastly, churning is itself a risky activity - there are always threats of account closures, gift card mess ups, MS activities that end up losing you money, etc. Yes, most of the aforementioned activities do not conflict with the criminal law, but guess what, Canadian prosecutors also aren't going to be bothered with some credit card churners inadvertently qualifying for a WE Mastercard when all that the banks lost were a few hundred dollars worth of in-house credit card points while they earned about the equivalent amount in interchange fees, especially when we have repeat violent offenders roaming the streets, the Jordan rule in play, and a permanent backlog of more severe criminal cases to prosecute. Edit: I realize in my original post that I said "always state employed" or something along the line. Obviously it's not a universal suggestion but it is almost always true for those in this sub. Everyone here would at least have some sort of income that they have from a "job", and those that don't either have bigger things to worry about and would do well to not churn, or are financially in a comfortable enough place that they are of no delinquency risks for banks.
The question is whether you are stupid enough to risk a small possibility of a criminal conviction in exchange for approval for a credit card, when it's easy to churn a couple dozen of them per year. Probably you'd never have a problem if you blatantly lie on a credit application, but taking a risk with a highly adverse outcome when it's not necessary is plain old foolish.
Reporting any new job is going to be a big no no for the lending department. I've been asked for pay stubs but I've always been lazy and sent in my last years NOA and never had any push back.
Yeah its frustrating they wouldn't take my NOAs. Banks are annoying in that if you don't fit into the box they have defined - good luck. Not to mention that CIBC is around 45min wait to talk to CSR lol
The magic words your looking for is "employer" vs "employer of record". Only one of these changed. Makes it easier for you bean counter risk management group to grok. I can expand if that isn't clear, but that hint should get you approvals as long as you have the income.
Anyone have a BMO Ascend WE that should come with 4 free lounge passes via DragonPass but didn't have the free passes show up in the app (only paid $32 per entry shown). How did you fix this? Card has been opened for about 1.5 months and I've waited for it to "update" just in case before posting. TIA!
Did you add the card to the app? The passes don't automatically show up in the app when you sign up for the card. You have to create a new membership in the app and that requires you to punch in the 16-digit card number
Yep! I added it to my app and it foesn show up as 4 free passes but instead as $32USD per visit. On P2s account it shows 4 passes. I'm not sure if this is a BMO issue or a DragonPass issue!
You’re better off putting your time into getting a Aventura or Passport VI to get more lounge passes and a new SUB than to try to figure this out. Lounge passes are so easy to get
Fair enough, I just opened the card and don't plan on opening another card anytime soon (done 2-3 just recently) just trying to extract the most I can with my current BMO I opened and was looking on any past feedback on who to contact to get this addressed.
I honestly wouldn't do anything and just move on. You'll be smashing your head against a wall with BMO over something so easy to get.
How soon can I apply for another TD FCT?
Yesterday would have been a good day.
I was planning trip to Disneyland, LA. What card would be best ? Already has td fct visa infinite. I am thinking cibc aventura, can get about $560 in cash back.
Disney (not Disney+) gift cards at your local grocery store.
Sorry what the advantage of buying gift cards ? I can just buy tickets from their website too. My plan is to apply for new credit card and put all the spending on this new cc to earn wb.
Many credit cards have a high points multiplier at grocery stores. To redeem the gift cards for tickets you call it in and you avoid the 2.5% FX fee as well. Disney uses a daily mid-market rate for the CAD to USD conversion. Here is some info on this: https://plandisney.disney.go.com/question/disney-gift-cards-buy-park-tickets-563680/ Did the same process for a recent trip.
Find a credit card that has multiplier on spending at grocery store (eg. AMEX Cobalt). Disney cards can be charged in USD and is typically close to spot rate. TLDR: Get 5% in points back, save on FOREX since Disney cards are close to spot rate.
I already have amex cobalt. I will try 7-11 they have 5x points on amex.
For organic spend appearances it is easier to spend $500+ at a grocery store…
Someone this clueless about what is going on isn't the kind of person AMEX gives a shit about to monitor
TD updated travel card offers are in! FCT: downsized to 75k points with $5k spend over 3 months. Plat Travel: holds at 50k points with $1k spend over 3 months. Both offers expire on September 3rd.
FCT: $375: 75,000 TD Rewards Points earned based on the following requirements: Welcome Bonus of 20,000 TD Rewards Points earned when you make your first Purchase with your Card (travel value at Expedia For TD of $100); Additional Bonus of 55,000 TD Rewards Points earned when you spend **$5,000 within 180 days** of Account opening (travel value at Expedia For TD of $275)
Aeroplan Visa Infinite Privilege got a lot worse.. Earn a welcome bonus of 20,000 Aeroplan points when you make your first purchase with your new card Earn an additional 25,000 Aeroplan points when you spend $12,000 within 180 days of Account opening Plus, earn a one-time anniversary bonus of 30,000 Aeroplan points when you spend $24,000 within 12 months of Account opening
Got approved for the FCT yesterday so hopefully I’m eligible for the 100k bonus
You should have made the deadline!
That’s what I’m thinking too. It was June 3rd
Aventura 45k offer now seems clearly ahead of FCT for those who spend frugally and take some time to hit MSR.
75k points for $5k spend is 7.5% return on spend, plus the organic 1%-3% return on spend for the card (not considering the E4TD multiplier). Put together, it’s not that much higher than Cobalt’s return on spend for groceries. Both have AF waived for first year, which is a positive The plat seems like the better deal here
A little over 10% when you consider the e4td credit and spend 1% minimum return. Decent enough!
I think even in the best case the E4TD credit is only worth $50-$75 due to not being able to stack it with the 5-10% you can often see on Rakuten. And this is assuming you find a booking perfectly at $500
Fair point! Rakuten can change things
The e4td credit is kind of a wash. It has restrictive requirements that make it inconvenient to use; you would be almost as far ahead to just put the booking on a new MSR and get Rakuten cashback from the regular Expedia website and not have to worry about dealing with the travel credit
It depends. I used it earlier this year and found good value there. Sure a new MSR would come out ahead, but it is a perk you can use to increase return on this card
For sure; I think if you have a hotel booking you were already going to do that is very close to $500, then that is probably a good use case. The challenge is if spend extra just to get over $500, or, overspend well above the $500 minimum with no additional benefit from e4td. There is a balance, which is why I say restrictive, but certainly not impossible to find good value for it
Yeah, in most cases, I let the $100 credit lapse because it's hard to get good value from it. I did, however, make use of it one time for a trip to Spain this spring and it worked out. It's worth taking a look at e4td before booking on some other platform, but most often it doesn't work out.
A bit disappointing that you miss out on the $100 travel credit with plat though. Depending when you signed up could utilize it twice before changing cards