Monday, February 8, 2021
More BMO credit card changes - travel redemption rate devaluation affects new eclipse Visa cards and BMO Rewards Mastercards
Friday, February 5, 2021
Earn rate changes coming to the BMO CashBack World Elite Mastercard - and these are for the better!
Yesterday we brought you the news that BMO will be changing its AIR MILES World Elite Mastercard come this May. Turns out that is not the only card they are changing, the BMO CashBack® World Elite®* MasterCard®* will also be going through a revision at that time. Compared to the AIR MILES changes these ones are really good. For most people this truly will be an enhancement.
Great deal! Earn up to a 75% bonus when you buy Turkish Airlines Miles&Smiles Miles - use it to get three business class tickets to Hawaii for US$1560
Here is a rarity – Turkish Airlines is offering a bonus for buying their Miles&Smiles miles until February 19. The bonus is tiered and maxes out at 75% when you buy 50,000 to 99,999 miles. The cost of the miles are US$30 per 1,000 which means buying 50,000 miles will cost you US$1,500 but you’ll end up with 87,500 miles after the bonus. That ends up being US$ 1.71 cents per mile which is a great deal considering Turkish Miles&Smiles has some real gems for reward flight options. It only costs 10,000 miles to fly one way in economy class within North America but Turkish includes Honolulu, Mexico and Bermuda. So yes you can get a round trip economy class Star Alliance ticket on Air Canada or United from Canada to Hawaii for 20,000 miles. Even better is business class for only30,000 miles round trip! So if buy yourself 52,000 miles for US$1,560 to score 91,000 Miles&Smiles you’ll have three round trip flights in business class to Hawaii! To buy those three business class tickets will cost you a lot more than US$1,560. Four tickets would be US$2,070! And that’s only one example – the Miles&Smiles program has quite a few other great redemption options that you can check out here. The only major caveat we can see is the bonus miles on the purchased miles must be used by December 31, 2022.
Top 5 Cash Back Credit Card Sign Up offers for February - These cards provide the best value out of their welcome bonuses
Here are Rewards Canada's Top 5 Cash Back Credit Card Sign Up offers for the month of February 2021. This is not a 'best' credit card list like our Top Cash Back Credit Card rankings but instead a look at cards that have very good acquisition (welcome/sign up) offers. As always when choosing a card you should always take other factors into account other than the just sign up bonus, but when some of these cards are first year free, they can and do pay off even when you grab them strictly for the sign up rewards.
Thursday, February 4, 2021
Changes coming to the BMO AIR MILES World Elite Mastercard in May - earn rates, interest rates and airport lounge access are all affected
February 4 Update: Air Canada Rouge to suspend all flights temporarily and IHG Hotels refreshes their logo and name
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!
Air Canada announced they will be temporarily suspending all Air Canada Rouge flights as of February 8, This is primarily due to the Government of Canada requesting the suspension of flights to Mexico and the Caribbean. (Source Canadian Travel News)
Image via Air Canada
Top 5 Credit Card Sign Up offers for February - These cards provide the best value out of their welcome bonuses
Here are the Rewards Canada Top 5 Travel Credit Card Sign Up offers for the month of February 2021! This is not a 'best' credit card list like our Top Travel Rewards Credit Card rankings but instead a look at cards that have very good acquisition (welcome/sign up) offers. As always when choosing a card you should always take other factors into account other than the just sign up bonus, but when some of these cards are first year free, they can and do pay off even when you grab them strictly for the sign up rewards. This month we see three first year free cards on the list
Marriott's 2021 hotel category changes are here - only 201 hotels changing worldwide with 75% going down in price
It's the time of year where we start getting news from all the hotel
chains about their hotel category changes. That is, not changes to award
charts or amounts but rather where individual hotels fall into those categories. Some hotels move up categories, that is become more
expensive in terms of the number of points required to redeem for free
night, while others go down in price and become cheaper to redeem for.
Best ever bonus of 450 dollars on the WestJet RBC World Elite Mastercard extended to March 31
The highest ever publicly available bonus of 450 dollars on the WestJet RBC World Elite Mastercard has been extended. Originally slated to end on January 31 the offer now has a new deadline of March 31, 2021.
The offer provides 250 WestJet dollars upon activation of the card and then an additional 200 WestJet dollars when you spend $5,000 within 3 months of account open date. That means you need to spend on average $1,667 per month.
National Bank of Canada World Elite Mastercard extends their $300 cash back and no annual fee in the first year offer
National Bank of Canada has extended the welcome bonus for the premier card in their portfolio - the NBC World Elite Mastercard. The offer provides new cardholders with the opportunity to earn up to $300 in cash back when you spend at least $4,000 on the card within the first three months of having it. This spend requirement is $500 less than the offer that just ended on January 31. On top of that the $150 annual fee on the primary card will be refunded in the first year. This bonus is over and above the regular points earn and other benefits that come with the card. To take advantage of this particular offer you must apply for the card by April 30 2021 and activate it no later than May 15, 2021. The offer is also available on their Platinum and World Mastercards as well.