Everytime you apply for a credit product, like a credit card, the creditor will submit a “hard” check onto your credit bureau. In Canada, we use Equifax and Transunion. Sometimes creditors will only pull from one of the bureaus, or sometimes both.
Anybody who has ever tried to book an Aeroplan award ticket knows about the huge cost of associated fees (colloquially known as ‘scamcharges’).
Typically, you can’t get status miles (or any kind of miles!) from an award ticket. However, there seems to be a glitch where you can collect Virgin Australia miles flying on a Delta award ticket.
Some credit cards have a “minimum spend,” that is, to get the sign-up bonus, or to reach a bonus tier, you have to spend X amount of $ in Y time to get the bonus. For example, to get the 60,000 MR points offered with the AMEX Platinum card (this is a referral), you have to spend $1000 in 3 months. Business cards typically have much higher minimum spends, and occasionally, we have seen minimum spends reaching $10,000 (was an offer from the RBC Avion Visa).
