Via Rob Carrick, the BMO CashBack World Elite MasterCard will be dropping its everyday earn rate of 1.75% to 1.5% on October 3rd. The card that ranked 4th overall in our 2017 Top Cash Back Credit Card rankings is likely going to lose that spot in our next rankings as TD has come out with new Cash Back cards (to be covered here on Rewards Canada shortly) and existing cards that offer a similar return to the BMO card's new earn rate. Despite a couple great new sign up offers on some of their other cards BMO really seems to be losing ground in the rewards card market compared to other issuers and with changes likes this they aren't doing anything to gain any ground back.
If your were thinking of applying for the Starwood Preferred Guest Credit Card from American Express this weekend, wait. Wait until the 18th, you won't be disappointed.
Posts since our last update:
- Banff Mt. Norquay Sightseeing Chairlift - A lesser known gem in the Canadian Rockies with spectacular views
Living just a short 60 minutes away from Banff has afforded the Rewards Canada family lots of time in our…
Canadian Bonus Offers Air Canada / Aeroplan
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WestJet Rewards
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Cathay Pacific Asia Miles
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Japan Airlines Mileage Bank
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Jet Airways JetPrivilege
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