<-- !Begin Adoric Script -->

About GreedyRates

Here are my most recent posts

Author Archives: GreedyRates

CIBC’s “New” Aventura Travel Rewards Visa Card. Where’s The Beef?

1380836025701394.jpg

CIBC has re-launched its Aventura Travel Rewards Program. Unlike it’s Aeroplan card, the re-launched Aventura program offers cardholders the ability to redeem points for any airline, any time, with no seat restrictions.  The one feature the Aventura card has lost, is the ability for cardholders to transfer their Aventura points to Aeroplan1:1. That was a big draw of the program. ... Read More »

Travel Credit Cards: 17% of Canadians Want to Switch

1380313889341700.jpg

Canada is in for some dramatic changes to its credit card landscape in the next year. Aeroplan, long associated with Canada’s largest and most successful credit card portfolio, is gearing up for a new world order as approximately 50% of its existing customers residing with CIBC will be acquired by TD. Aeroplan was already challenged by an increasingly competitive travel ... Read More »

CIBC, AIMIA win big in workout of Aeroplan program with TD

1379390311431635.jpg

Today, Aimia announced that CIBC, TD and Aimia have agreed on a go forward plan that would see CIBC sell its non-relationship Aeroplan credit card accounts to TD, and then have the ability to retain the right to offer an Aeroplan credit card to its customers. TD would then convert the non-relationship Aeroplan accounts to a TD Aeroplan account and ... Read More »

Rogers To Launch Credit Card in 2014. What’s Behind The Decision?

1378757397304259.png

On September 6th, Rogers Communications announced that it received permission from OSFI to issue credit cards. Earlier last year Rogers registered a bank subsidiary, which at the time was largely regarded as a precursor to issuing its own credit cards. Rogers has now confirmed that it intends to start issuing credit cards as early as 2014. “Our credit card business ... Read More »

Canada’s Best Cashback Credit Cards Compared & Ranked

best cashback credit card

The best cashback credit cards are the most straightforward of the rewards cards. No blackouts, expiring points, or gimmicks – just cold, hard, cash. If you pay down your credit card balance every month, some of the best rewards credit cards available pay out in cash. Whether you have a family of four, vacation to your cottage on the weekends ... Read More »

The Top 15 Canadian Loyalty Rewards Programs

1377895941005397.jpg

It’s been a long time since 1958 when Canadian Tire first introduced Canadian Tire Money, Canada’s iconic loyalty program. Since then, retail loyalty rewards programs have become ubiquitous. Canadians are members of 8.2 loyalty programs per household, according to a recent study by Colloquy. Canadians belong to everything from air miles and visa rewards, and to retail loyalty programs. Compare ... Read More »

Capital One Mistakenly Pre-Approves Minors for Credit Cards in Quebec

1377544392435595.png

Radio announcer Paul Arcand of Montreal’s 98.5 FM, reported that Capital One Canada mailed credit card offers to minors in Quebec. In addition, it was reported that Capital One also pre-approved minors for offers of credit. Asking his listeners if any of them had received similar offers, the station received a flurry of calls confirming Capital One’s gaff.  In all ... Read More »

TD, Aimia, and CIBC Continue Portfolio Acquisition Discussions

1377524720061329.jpg

TD, Aimia, and Canadian Imperial Bank of Commerce announced this morning that they are continuing talks in connection with the possible acquisition by TD of part CIBC’s existing Aeroplan credit card portfolio. On August 12, 2013, Aimia announced that TD will become the primary credit card issuer of the Aeroplan program as of January 1, 2014. The parties have been ... Read More »

Capital One Canada Delta Sky Miles Adds Priority Boarding

1377521588186842.jpg

In a move that continues the trend of ever increasing value propositions, Capital One Canada has added Priority Boarding to its Delta Sky Miles Canadian credit card. Andrew Clarke, spokesperson for Capital One Canada, says  “on Monday, August 26, all current and future Capital One Delta SkyMiles World MasterCard customers will benefit from Priority Boarding on all Delta and Delta ... Read More »