The new CIBC Costco Mastercard is now available. Learn all about it here including the new Executive Member offer!

The anticipation is over as the new CIBC Costco®† Mastercard® is now available for new applications. After months of speculation as to which bank would takeover the warehouse giant's credit card portfolio from Capital One, This new partnership between CIBC and Costco Canada was first announced in September 2021. Then in November 2021 the details of the new card were released with existing Capital One cardholders transferring over to CIBC on March 4 and now the card is here for anyone else who is interested in it!

Great deal! Fly from Toronto to Portugal round trip in business class for under $2,000

TAP Air Portugal has launched a Business Class sale for travel for their flights out of Toronto. They also have an economy class sale but I'll focus on the Business Class deal in this post as that really seems like the good deal! With this sale you can fly round trip business class from Toronto to Portugal from $1,922 all in or travel beyond to North Africa for $2,179 or other European and Middle East destinations for $2,729.

The Ultimate Foodie Credit Card Portfolio, Air France KLM Flying Blue Promo Rewards for May & a 20% bonus on Fairmont gift card purchases on May 4

Here's your Rewards Canada Daily update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. Today's update is brought to you by the HSBC High Rate Savings Account with which you can enjoy a total annual interest rate of up to 2.65% on new deposits±  Click here to learn more about this offer

 
Another Ultimate Portfolio update to let you know about - this time we updated updated The Ultimate Foodie Credit Card Portfolio! With this portfolio you would earn no less than a 4% return on all your foodie purchases. This was a more substantial update as 2 of the 3 cards were switched! The recommended Mastercard is now the MBNA Rewards World Elite Mastercard (replaces the now defunct Capital One Costco card) and the Visa has been switched from the Scotiabank Momentum Visa Infinite Card to the CIBC Dividend Visa Infinite Card simply for the latter card's easier access to cash back. And of course it has been updated to the new Rewards Canada template. Check out the updated portfolio here!

The BMO Ascend World Elite Mastercard is officially here, is it a card worth considering?

 
The BMO Ascend World Elite Mastercard is officially here. First announced back in February, this is the rebrand and revamp of the BMO World Elite Mastercard. As of today the card name changes and the earn rate structure changes as well. In general, the changes to the card can be considered a devaluation. Back in 2015 it was #1 in our Travel Points Cards with Annual Fee category but with multiple devaluations over that time it started dropping down and for 2022 sits in 5th spot. Now, it appears the card may even fall completely out of the top 5 thanks to these further changes. 

You can receive up to a 100% bonus when you buy Air France KLM Flying Blue Miles

 

Air France KLM have once again brought out their best ever bonus for buying Flying Blue Miles  and that bonus is up to 100%. When you buy at the 100% level each Flying Blue Miles will cost you about 1.53 US cents each or about CAD 1.97 cents. This can be a great deal especially when you redeem the miles for one of their monthly Promo Reward tickets (which unfortunately have no Canadian cities included this month).

You can now earn up to 3x Honors bonus points on all Hilton stays

 
This is a reminder that Hilton's global systemwide bonus points promotion for the summer is now live. Hilton Honors members can register and book to earn up to triple Honors points on stays between May 2 and September 5, 2022. The bonus awards double points on stays of 1 or 2 nights and triple points on each stay of 3+ nights. There is no limit to the number of bonus points that a member can earn with this promotion!

A trio of new Amex Offers released today from Wayfair, Hello Fresh and Canlan Sports

Three new Amex Offers were revealed today  for using your American Express card at Hello Fresh, Wayfair and Canlan Sports. Personally I received both the Hello Fresh and Canlan offers on my Platinum Card and received the Wayfair offer on my Cobalt Card. Here are the offers:

New Visa Infinite Privilege dining & stay offers, Air Canada increases some checked baggage fees on Aeroplan & paid tickets and Aeroplan extends generous flight reward change policy

Here's your Rewards Canada Daily update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. Today's update is brought to you by the HSBC High Rate Savings Account with which you can enjoy a total annual interest rate of up to 2.65% on new deposits± Click here to learn more about this offer

 
A new batch of Visa Infinite Privilege dining and stay offers were released this month. This time the new dining offers are in Halifax, Calgary Toronto an more. Here are just some of the new offers available exclusively to these Ultra Premium credit cards: 

New 100,000 PC Optimum points offer on PC Financial Credit Cards

We have yet another 100K offer for PC Financial Mastercards. You can receive this bonus when you apply by May 5, 2022 and it is good for any one of the three cards in their portfolio:

• PC Financial Mastercard
• PC Financial World Mastercard
• PC Financial World Elite Mastercard

You can now top off your Marriott Bonvoy Free Night Awards with an additional 15,000 points

As part of last October's announcement that Marriott Bonvoy was moving to dynamic pricing for awards, they also promised that they would add a feature where you can top off Free Night Awards with an additional 15,000 points to cover hotels that were charging more. The hotel chain promised to have this feature available in April 2022 and on the last of the month, it has officially launched.