Here's your Rewards Canada Daily update! Your daily dose (or near
daily dose) of loyalty program, credit card and travel news, bonuses,
deals and more. This update is brought to you by the HSBC +Rewards Mastercard which
is currently offering a welcome bonus of up to 30,000 bonus points, no
annual fee in the first year and a low 11.9% interest rate!
HBC (The Bay) has decided on who their credit card
partner will be after news that their partnership with Capital One is
ending. This one comes as a bit of a surprise and is a huge score for
this newcomer. HBC will be partnering with
Neo Financial
to issue their new Mastercard!
We detailed neo late last year (and have
another update coming as they have released more card options) as they
are a newcomer to the Canadian market, but they have a lot of backing thanks
to being founded by some of the same people who launched and sold
SkipTheDishers and they are looking to disrupt the current financial
model in Canada (banking, credit cards, mortgages etc.). For them to
score a co-brand deal this early on is huge for Neo and we pass along a
big congratulations to them! Thanks to Rewards Canada contributor
Jeff W. for passing along this news! (Source
Business Wire)