There are some amazing credit card offers out there, namely for their sign-up bonus. Every Canadian should have these cards in their wallet (or least somewhere in the house).
Tag Archives for Chase.
Traditionally, I would recommend a Chase credit card (either Amazon or Marriott) for all foreign exchange purchases, as previously, they were the only credit cards in Canada that don’t carry a forex surcharge, typically 2.5% of the amount charged. With those cards, you get an approximate 1% rate of return, with no annual fee on the Amazon card, and an annual fee on the Marriott that is offset with an annual hotel voucher. Now, the new Rogers Bank Mastercard may be better than either of these Chase cards for foreign exchange spending…
It’s always a good idea to have some local currency when travelling, for street food, miscellaneous expenditures, tips, etc. Some people go to currency exchange shops to take money out before their trip, or to a bank. Others have it delivered via a special service, or take it out locally. So what is the best way to take money out for a trip?
The Chase Marriott Visa, which carries an excellent 50,000 Marriott point + free night certificate sign-up bonus, has sort of “disappeared” from the Chase homepage. Here’s what I mean:
What is churning? Churning is the process of acquiring a credit card, meeting the requirements for any associated bonus, cancelling the card, and restarting the process anew. That is, it's getting the card, cancelling, wash and repeat.