Scotiabank Gold American Express Card Welcome Bonus: 30,000 points How far will that bonus take you: Canada & Continental USA Annual Fee: 1st year free, $99 thereafter Minimum Income: none Points: 4 Scotia Rewards points/dollar 4x the points is pretty appealing, as is the flexibility to redeem points anywhere anytime without restrictions, plus, special exclusive discounts, offers, special amenities and privileges for Scotia Rewards members. The VIP lounge access doesn't hurt either (nor do the 7 types of insurance coverage included!). … [Read more...] about Best Travel Credit Card Canada 2018
Double rewards credit cards
The Blue Business℠ Plus Credit Card from American Express offers 2 points per dollar spent everywhere. No annual fee. A $10,000 tax payment will cost $187, but you will earn 20,374 points. If you value your AMEX points at 1.6 cents each, that a value of $325.98 worth of points. You can transfer those points into miles with airlines like Avianca, British Airways, Delta, El Al, Singapore, Virgin Atlantic, and more. Note that you only earn 2 points per dollar on $50,000 of annual spending, though if you have multiple primary cards they would get 2 points per dollar on $50,000 of annual spending on each card. The Chase Freedom Unlimited card earns 1.5 Chase Ultimate Rewards points per dollar spent everywhere. If you open this card now you would also earn $150 in the form of 15K points for spending $500 in 3 months. No annual fee. The Chase Ink Business Unlimited Card also earns 1.5 Chase Ultimate Rewards points per dollar spent everywhere. If you open this card now you would … [Read more...] about 2019: Is It Worth Paying Your Taxes On A Credit Card To Earn Miles? A Breakdown By Card Benefits
The JetBlue Plus World Elite Mastercard offers Mosaic status for spending $50K annually. JetBlue points are a fixed value currency, so there are no aspirational aspects to this program as points will typically be worth between 1.1-1.5 cents each. You’ll need to determine how to value having Mosaic status to see if its worth putting tax payments on this card. TheDelta Platinum Consumer and Delta Platinum Business cards offers elite qualifying miles for meeting annual spend thresholds. If you spend $25K/year you’ll also waive the requirement to spend a minimum amount on Delta flights in addition to flown miles to earn elite status. The Delta Reserve Consumer and Delta Reserve Business cards offers elite qualifying miles for meeting annual spend thresholds. If you spend $25K/year you’ll also waive the requirement to spend a minimum amount on Delta flights to earn elite status. I value Delta miles at about 1 cent each. … [Read more...] about 2019: Is It Worth Paying Your Taxes On A Credit Card To Earn Miles? A Breakdown By Card Benefits And Value
Scene Visa card from Scotiabank is a great card for students. The point system makes it easy to earn free movies just by buying things you're already buying! They're currently offering a 2,000 point welcome bonus, which is basically 2 FREE movies. You can redeem points for exclusive offers on WWE events, music downloads and earn extra points when you make purchases at the theatre itself. … [Read more...] about Best Student Credit Cards Canada 2018
Another benefit of business cards not reporting on your personal credit report is that your credit score won’t be hurt when you spend money on your cards. When you spend money on personal cards your score will be hurt even if you pay your bill on time. That’s because a whopping 30% of your credit score is based on credit utilization, so you lose lots of points even if you pay your bills before the statement due date. You can pay off your credit card bill before your statement close date to avoid that, but that takes effort and laying out money well before you have to. Additionally it’s good to have the statement close with a couple dollars to show the card is active and being paid every month. On business cards from banks like AMEX and Chase the spending is not reported on your personal credit report, so you can wait until the money is due without it having a negative effect on your score. That also means if you close the card, it won’t have an … [Read more...] about HOT! Limited Time Offer: Signup For A Southwest Card And Get An Unlimited Use Free Companion Pass And 30,000 Points!
If you want to take advantage of the ability to earn 1 Starpoint per dollar (3 Marriott points per dollar) then you can pay taxes on your Starwood AMEX now. A $20,000 tax payment will cost $374, but you will earn 20,374 Starpoints which will convert into 61,122 Marriott points. That’s like buying Starpoints for 1.84 cents each or buying Marriott points for 0.61 cents each. … [Read more...] about Is It Worth Paying Your Taxes On A Credit Card To Earn Miles? Is The SPG AMEX The Card To Use For 2018?