In most purchasing decisions, clients have the option to buy an item or save the money for later. This is why, marketers not only aim to beat the competition but to convince customers to part with their money. To this, marketers use different tactics – they try to make the cost of products less painful to buyers, making sure they do not overwhelm clients with choice. Marketers carefully position items in a more attractive manner and use the power of a default option (McKinsey Quarterly).

One trick marketers use is to offer “free” incentives, making it easier for customers to part with their cash. Free products make the product’s cost less painful as in the case of getting two items for the price of one. Another strategy marketers employ is to use the power of a default option. For example, only Visa cards could be used to buy official Olympic gear and tickets for the Winter 2010 Olympic Games. Other cards were not allowed because Visa was the official sponsor. A third strategy is not to overwhelm clients with many big-ticket items so that they are more likely to shop with credit cards. Customers will not buy the most expensive item due to budget considerations. However, they will not buy the cheapest one either, thinking of it as being inferior. The second to lowest one is the item to have the most takers, and such items are stocked in shops and department stores so that customers can purchase them using their credit cards. Finally, marketers display items in an attractive manner so that customers are tempted to buy them with their credit cards (Credit Cards).

It should be noted that many electronic stores and department stores feature their store-branded cards. The credit cards they offer come with bonus points, perks, and other beneficial features which help ease the burden of payment for consumers.

What other techniques make customers open their wallets and use their credit cards? Marketers differentiate between four types of customers and offer different strategies for dealing with them. These are the director, the analytical personality, the relater, and the socializer. The director, for example, is the take-charge type, associated with demanding type of people. These customers want facts and are not into small talk. To make someone like this use their credit card, it is recommended to give your reasons why certain item makes for the best purchase, lay out the facts, and avoid small talk. The analytical type, on the other hand, is interested in product descriptions, details, facts, and consumer reports. Analytical persons read the fine print too. To make them buy, it is best to make statements only if there is pertinent information to back them. What they look for is data and facts, and if an item has a detailed labeling, this is what the salesperson should direct their attention to. There is one main advantage in dealing with such people – they have done comparative research already (Business Know-How).

Canadian consumers are offered plenty of ways to make payments, from SMS-based transactions to mobile web payments, near-field communication, and more. These are cashless ways to pay for gas, merchandise, and even your café latte.

The Mobile PayPass Tag, featured by the Bank of Montreal is a new addition, which makes it possible for cardholders to buy items through a sticker on their mobile. An email verification is sent for every transaction. Customers can make small purchases without having to carry cash with them. Tapping a phone over the reader is sufficient so that the transaction is processed.

What other benefits does the new technology offer? According to payment products division’s vice president David Heatherly, the Mobile PayPass Tag offers customers convenience and speed when it comes to making small-value purchases. Apart from instant processing, which is a major advantage, customers may choose to receive email notifications, reporting the merchant name, the amount, and the location of every purchase. Moreover, Heatherly assures that the PayPass Tag is durable and will stay affixed until the expiry date. It is manufactured to withstand wear and tear, and the chance is that users will change phones before the Mobile PayPass Tag stops working (Credit Cards).

PayPass offers other advantages, regardless of whether customers choose to tap their mobile phone, key fob, or credit card. Customers do not have to worry about fishing for coins or carry a lot of cash. Moreover, it is a secure and safe way to shop because cardholders are in control – it stays in their hand at checkout. It is handy to have at locations where speed is important, including gas stations, fast food joints, stadiums, and other places. In addition, PayPass allows for enhanced record keeping when it comes to small purchases (MasterCard).

PayPass offers benefits to businesses as well, making it possible to serve more clients, strengthening loyalty and enhancing security. According to MasterCard Worldwide, the Tap & Go Technology featured with PayPass speeds up in-store transactions by up to twenty percent. It is faster than using traditional credit cards and cash. For business owners, this translates into a larger volume of sales, and for clients, it makes for a valued and pleasant shopping experience. After all, what clients expect is positive and hassle-free customer experience.

What is more, merchants accepting PayPass have reported an increased spend ranging from 28 percent to 42 percent. The volume of transactions has increased up to 52 percent as well. Close to 80 percent of all purchases made is under $25, proving that the new technology is an excellent alternative to cash (MasterCard Worldwide). A major advantage is that in most cases, signature is not required for purchased items totaling under $50. This speeds up the check-out process at convenience stores, cafes, newsstands, fast food restaurants, and other locations. One enhancement is that even if the customer taps his credit card twice, he cannot be billed more than once. Notably, security features are a major benefit. Given that the client’s plastic sticker, key fob, or credit card never leaves their possession, this helps prevent identity theft (Let’s Geek).

Many Canadians have added to their credit card debt due to a generous bout of holiday shopping for their friends and family. They have overspent and know what is in store when their statement arrives in January. According to experts, the way to defeat post-holiday credit card debt is to curb impulse spending, pay cash, and let the credit card chill.

To reduce your debt load, you may want to return some unused purchases. If your eyes got bigger than what was in your wallet, you may go ahead and do this rather than leave unused purchases lying in the closet only to throw them away later on. Rather than this, return them to the store/ mall and get the money on your credit card. If you paid cash, but you wouldn’t be reading this if you did, you can use the refund to repay a portion of your card debt (About.com).

This, by itself, is not enough to deal with debt. When the holiday season is over, it is important to avoid using credit cards because most probably, they are still warm from holiday shopping, explains ABC Life Literacy Canada’s program director Mack Rogers. The first thing to do is make efforts to create a cash economy at home. Rather than using your Visa or Interac card to make purchases, use cash.

Solutions Credit Counselling Service’s president Margaret Johnson notes that if a person has piled between $2,000 and $3,000 in credit card debt, they can pay it in a couple of months by saving $500 a month (The Spec).  While a balance of $3,000 does not look like much, interest expenses should be factored in. Debt will cost you about $450 at an annual interest rate of 15 percent.

Rather than trying to defeat post-holiday credit card debt (next season), it is a good idea to plan ahead. Look at how much you spent this year and divide this amount by twelve months. This will give you an idea how much you should save a month so that you can be debt-free next January (Wise Bread).

There is a good reason to start saving now. President of British Columbia’s Credit Counselling Society Scott Hannah explains that once the holiday period is over, debt counselors witness a pike in debtors seeking to deal with debts. But personal debt is a tricky trap, and debt creeps up over time. In most cases, it cannot be flushed out without much effort. It is the same with losing weight. Many people want to lose weight quickly, but it does not happen this way, Hannah explains. It takes a person a couple of years to get into debt and about the same period of time to become debt-free.  That said, it is not only post-holiday debt that is a source of concern. It is important to find where money goes on a monthly basis as to have a good idea of your level of spending, Hannah concludes (Huffington Post).

During the last year alone, 25 percent of Canadians have accumulated even more debt, according to a study released last week. At the same time, a consumer debt survey by Manulife Bank of Canada shows that three-quarters of consumers in the country consider it a priority to get rid of debt.

Obviously, Canadians do not use the right strategies to reduce credit card debt. The survey by Manulife shows that the majority of Canadians were not making use of the tools available to tackle debt. For example, four in ten respondents did not plan to consolidate credit card debt, which often results in a lower interest rate. This is especially true if debts are consolidated into a credit line. Credit cards, as we know, carry a high interest rate of about 20 percent, while lines of credit are offered with a 5 – 7 percent interest rate. Moreover, it seems that Canadians fail to deal with other types of debt as well. For instance, 70 percent of consumers with a mortgage loan did not make a mortgage prepayment over the last year. 65 percent did not compare financial products across lenders as to find a good deal when renewing their mortgage. According to the Manulife survey, just 56 percent of respondents expect to develop or have a debt reduction plan (The Wall Street Journal)

There are other reasons why Canadians fail to tackle credit card debt. According to TD Canada Trust, many people have a couple of credit cards, including major credit cards, gas credit cards, and retail store credit cards. Considering that the major credit cards enjoy wide acceptance, it makes little sense to use several types of credit cards. Rather than that, it is wise to hold one low interest credit card and not pay high interest on gas and retail cards. Debt consolidation is again suggested as a good solution, especially for persons who have a heavy debt load or several creditors to deal with. This is a way to save on interest costs and lower overall payments (TD Canada Trust). Other debt reduction strategies include selling one’s house and buying a less expensive apartment or car. Borrowers can sell a car and look for a used or less expensive vehicle, for example. These are ways to free up money if debt is excessive (The Globe and Mail).

Banks and other financial institutions can help their customers deal with debt as well. They monitor borrowing as to ensure that debt loads are manageable. Moreover, banks recognize the fact that borrowers have different borrowing needs, and the debt amount they are comfortable with varies. Thus, financial institutions can offer sound financial advice that is tailored to the needs of individual customers. It should be mentioned that financial institutions do not want to see clients having financial problems. Debtors are encouraged to inform their bank as soon as they find out that debt has become unmanageable. Financial institutions are the ones to help debtors deal with financial problems by offering debt counseling, advice, and alternative loan arrangements (Canadian Bankers Association).

American Express offers a variety of financial services to its individual, small business, and corporate clients. AMEX features a number of credit cards, among which reward credit cards, business credit cards, no annual fee credit cards, and more. Credit cards offered by AMEX Canada go with plenty of beneficial features, including flexible rewards, welcome bonus points, travel insurance benefits, dining and entertainment benefits, and a lot more.

American Express No Annual Fee Credit Cards

Clients of AMEX Canada who are looking for no annual fee credit cards can choose from a variety of cards with no annual fee. Among them are Blue Sky Credit Card, Holt Renfrew Card from American Express, and TrueEarning Card from Costco and American Express.

American Express Business Credit Cards

AMEX features a variety of credit cards intended for business owners. The Starwood Preferred Guest Business Credit Card is one such card, going with a 19.99 percent interest rate on funds advances and purchases. The annual fee is $150, with the option of being tax deductible. This card earns one point for every $1 spent in purchases, and a welcome bonus of 20,000 points is offered. These points are enough for up to five free nights. The card is also offered with preferred ticket access, car rental theft and damage insurance, baggage delay insurance, lost or stolen baggage insurance, and a lot more. Another business credit card to check is the American Express AIR MILES Platinum Business Card, going with a $99 annual fee, which can be tax deductible. The interest rate on funds advances and purchases is 19.99 percent. This business credit card goes with plenty of beneficial features, among which disability plan for small business, travel accident insurance, and hotel/ motel burglary insurance. Clients of AMEX who choose this card get 250 reward miles in the form of a welcome bonus on reaching $1,000 purchases during the first three months. For every $10 in purchases spent at AIR MILES, clients earn one reward mile and every $15 spent everywhere else earns 1 reward mile.

Another of the American Express credit cards for business is the American Express AIR MILES Gold Business Card, offered with no annual fee and free supplementary employee cards. The interest rate is set at 19.99 percent. For every $15 spent in purchases, cardholders earn 1 bonus point when shopping at AIR MILES Sponsors. All other purchases earn one bonus point for every $20. Points can be redeemed for kitchen fun, entertainment, electronics and more. Spending $1,000 on the card during the first three months earns a bonus of 150 rewards miles. This card is offered with disability plan for small business, travel accident insurance, and preferred ticket access. Additional features include online account access, 24-hour card replacement, and online fraud guarantee, among others. Finally, another business credit card offered by Amex Canada is the American Express Business Card. This card is a good choice for persons who prefer to get cash rebates. Cardholders can earn cash back up to $1,250 a year and can use their credit card for all business-related purchases, including entertainment, office supplies, business travel, and more. Cash back up to 2 percent is offered. There is no annual fee, and employee cards are issued at no added cost. The interest rate is 19.99 percent. This credit card is offered with included benefits such as travel accident insurance, preferred ticket access, 24-hour card replacement, and others. Clients of American Express can also choose from two charge business cards, the American Express Business Gold Rewards Card and the Business Platinum Card from American Express.  Both cards are offered with reward points. The Business Gold Rewards Card earns 1.25 points for every dollar in purchases and the Business Platinum Card earns 1 point for every dollar charged to the card.

American Express Cashback Credit Cards

One of the American Express credit cards with cashback is the TrueEarnings Card from Costco and American Express. This credit card goes with no annual fee and one free supplementary card is issued to current members. A special rate of 2.99 percent on purchases applies over the first 6 months, and the standard rate is 19.75 percent. The grace period is 21 days. Cardholders earn up to 1 percent on daily purchases and up to 2 percent when charging gas purchases to the credit card. Eligible restaurant purchases earn 3 percent cashback. Rebates are issued each January, and these are offered in the form of coupons. Coupons may be redeemed for services, goods, or cash at any Costco warehouse and are valid for 6 months. Plenty of benefits are offered with this card, including travel network coverage, purchase protection plan, emergency card replacement, and more. Thanks to travel network coverage, cardholders are entitled to assistance when travelling. American Express offers travel assistance at more than 2,200 travel service locations. There are even more perks going with this card, such as 24/7 customer service, Front of The Line, and purchase protection plan through which all eligible purchases are insured against theft and accidental physical damage.

American Express Reward Credit Cards

Clients of American Express Canada who prefer to get reward points have a number of credit cards to choose from. One is the American Express AIR MILES Credit Card, featured with an introductory interest rate of 2.99 percent during the first 12 months, a standard interest rate of 19.99 percent, and no annual fee. Supplementary cards are offered free-of-charge. Cardholders are entitled to a welcome bonus of 150 reward points and earn one bonus point for every $20 in purchases. Shopping at AIR MILES Sponsors earns 1 mile for every $15 charged to the card. Bonus miles can be redeemed toward a variety of rewards including entertainment, leisure, travel, and plenty of other benefits. Cardholders can redeem points by phone through the AIR MILES Customer Care Centre or online. Beneficial features going with the card include emergency card replacement, travel accident insurance, reserved seating, and more. To apply for this card, clients of AMEX should have a personal annual income of at least $15,000, have a Canadian residency and credit file, be of the age of majority, and have made payments on time. Applicants should not have declared bankruptcy over the past seven years.

Another of the American Express credit cards with rewards is the Blue Sky Credit Card, featured with free supplementary credit cards, no annual fee, and a 19.99 percent interest rate. Cardholders receive 1.25 bonus points for every $1 charged to the card. Clients who make $3,000 in purchases during the first six months earn 10,000 bonus points. There are no travel restrictions, seat restrictions, advance purchase requirements, or blackout dates. Moreover, there are no point expiration days or point caps.  Points can be redeemed toward car rentals, hotels, flights, vacation packages, and more. Cardholders can choose to redeem all or a portion of their travel purchases. They have access to last-minute deals and seat sales as well.  This card is featured with included benefits such as travel accident insurance, 24/7 customer service, reserved seating, and more. To apply for this card, clients of AMEX should have a Canadian credit file, be Canadian residents, and show a personal income of at least $15,000.

The Holt Renfrew Card from American Express is another reward credit card with no annual fee, free supplementary cards, and a 19.99 percent interest rate. Every dollar charged to the card earns 1.4 bonus points. Making purchases at Holt Renfrew earns 40 percent more.  Cardholders get 10 percent off with the first purchase on the card, made at Holt Renfrew. Points can be redeemed for a selection of desirable goods, including exclusive fragrances, beauty products, accessories, designer clothes, and more. It is easy to redeem points by phone. Added beneficial features include purchase protection plan, free shipping for purchases worth more than $100, Shop in-VIP style, and more.  Shop in-VIP style gives cardholders access to their own Holt Renfrew Personal Shopper, and they can get assistance and expert advice whenever needed. Those who want to buy a new outfit for a gallery opening or cocktail party, or need a second opinion on whether a pair of shoes goes with a particular bag can turn to experts for help. Holt Renfrew sends preferred mailings to cardholders, and they can browse through details on product lines, trends, and latest fashions. They are also sent invitations to Holt Renfrew Events, such as in-store appearances by celebrities and designers, product launches, and more. There are even more perks going with this card, such as complimentary basic alterations for clothes that do not fit properly. Cardholders are eligible for free-of-charge cuff and hem alterations on all in-store purchases.

The American Express AIR MILES Platinum Credit Card is another of the American Express credit cards with rewards, earning one bonus mile for every $10 charged to the card. A welcome bonus of 500 reward miles is offered with the first purchase. The annual fee is zero the first year and $65 thereafter. An introductory interest rate of 2.99 percent applies during the first 12 months, and the standard rate is 19.99 percent. The card goes with beneficial features such as travel accident insurance, car rental theft and damage insurance, American Express assured reservations, and more. The card is also offered with reserved seating, with tickets for events to be purchased by phone, online, and from the event’s box office. Front of The Line allows cardholders to buy tickets for special events, theatre shows, and sought-after concerts before tickets are offered to the general public. Likely applicants for this card have an annual income of $15,000 or more and are Canadian residents who have not declared bankruptcy over the last seven years. They are of the age of majority and have made timely payments.

The Starwood Preferred Guest Credit Card is another option for persons who look for a reward credit card. It is offered with an interest rate of 19.99 percent, and the annual fee is $120. Supplementary cards cost $50 a year. Cardholders receive a bonus of 20,000 reward points, and every dollar earns one Starpoint. Reward points can be redeemed for free nights, and cardholders can choose from more than 100 resorts and hotels around the world. The card is featured with baggage delay insurance, car rental theft and damage insurance, travel emergency assistance, and more.

The American Express AeroplanPlus Platinum Card is a reward card that earns Aeroplan Miles. Every $1 in purchases earns up to 1.5 bonus miles, and the welcome bonus is equal to 25,000 bonus miles. The annual fee is $499 while supplementary AeroplanPlus Gold cards cost $50, and AeroplanPlus Platinum Cards cost $199 a year. The interest rate is 0 percent when the balance is paid in full but goes up to 30 percent applicable to delinquent charges. The American Express AeroplanPlus Gold Card is another card offered with rewards, and every dollar spent on the card earns 1 Aeroplan Mile. The welcome bonus is equal to 2,500 bonus points. The same interest rate applies as the one offered with the Platinum Card. Travel emergency assistance, purchase protection plan, emergency card replacement, and more are offered. The American Express AeroplanPlus Card is a third option, earning one Aeroplan Mile for every $1 charged to the card. The annual fee is $60, and supplementary cards cost $20 a year. These three rewards cards are charge cards. In addition to them, AMEX Canada offers three other charge cards, including the Platinum Card, the American Express Gold Rewards Card, and the American Express Card.

Holders of American Express credit cards can manage their accounts online, using services and tools that help them bank anywhere, stay organized, and get assistance 24/7. With the help of online tools, cardholders can schedule payments, view recent transactions, and set up text message and email payment reminders. Cardholders can also access their card accounts remotely, from a desktop computer or a laptop, using AMEX’s suite of resources and user-friendly tools. Finally, clients of AMEX Canada who have any questions may turn to their customer support 24/7.

MBNA Canada offers insurance products, online banking, and a variety of credit cards to choose from. Clients of MBNA can choose from standard and specialty credit cards, such as professional credit cards, student credit cards, sports credit cards, specialty rewards cards, and many others. A leader in the credit card industry, MBNA is part of the family of companies of the Bank of America, with the endorsement of over 5,000 institutions and organizations around the world.

MBNA Canada No Annual Fee Credit Cards

Most credit cards offered by MBNA are featured with no annual fee, including Toronto Raptors, CFL Rewards, Shoppers Drug Mart, Platinum Plus, and many others.

MBNA Canada Cashback Credit Cards

MBNA Canada features three credit cards with cash back, among which Smart Cash Platinum Plus and PremierRewards. The first credit card is offered with an interest rate of 19.99 percent and no annual fee. Cardholders earn 1 percent cashback on all qualifying purchases, 3 percent on purchases at grocery stores and gas stations, and 5 percent on grocery and gas purchases during the first six months. PremierRewards is another credit card that earns cashback in the amount of 1 percent on all net purchases. This credit card goes with no annual fee and an interest rate of 19.99 percent. The credit line is up to $100,000, and there are no earning or spending limits. iTravel 2000 is yet another cashback credit card with no annual fee and interest rate of 19.99 percent. Purchases in itravelCASH earn 1 percent cashback to be redeemed toward itravel2000 products. There are no blackout periods or restrictions. Canadian Automobile Association – Quebec (CAA) is a credit card intended for CAA members. It earns 0.5 percent cash back, and those who shop at participating Couche-Tard locations earn additional rebates. The card is offered with no annual fee and two introductory interest rates. Clients who opt for an introductory rate of 1.99 percent over the first 6 months get a standard AIR of 18.99 percent on cash advances and 16.99 on purchases. Those who choose an introductory rate of 3.9 percent get a standard AIR of 14.99 percent on purchases and 16.99 on cash advances. Futura Rewards is also a cashback card offered by MBNA and intended for clients who seek to repay student loans or save for education. The card is featured with no annual fee, an interest rate of 18.99 percent on purchases, and 19.99 percent on all other transactions. The card earns 2 percent in Futura Rewards.

Melaleuca is a cashback credit card that earns 1 percent to be redeemed towards Melaleuca merchandise. The first retail transaction earns 50 bonus points. The card goes with no annual fee, and the interest rate is 17.99 percent on retail purchases and 19.99 percent on all other transactions.

MBNA Canada Reward Credit Cards

Clients of MBNA Canada who prefer to use a reward credit card have a number of such cards to choose from. One credit card is WordPoints, featured with a welcome bonus of 1,000 bonus points with the first purchase. The card earns one point for every $1 in purchases, and a bonus of 1,000 points is offered on the card’s anniversary. Reward points can be redeemed for merchandise and travel. The interest rate is 19.99 percent, and the annual fee is $29. MBNA also offers a variety of travel rewards cards for every taste. Alaska Airlines Platinum Plus, for example, is a good option for persons who want to earn rewards with no restriction on the number of miles to be earned. A bonus of 25,000 points is offered, and every $1 in purchases earns one mile. In addition, cardholders earn a round-trip companion ticket priced at $99. Every dollar used to buy tickets of Alaska Airlines earns 3 bonus miles. The card is featured with an annual fee of $75, and the interest rate is 18.99 percent on retail purchases. The interest rate is set at 19.99 percent on cash advances, access checks and deposits, and balance transfers.

Best Western is another of the MBNA credit cards with rewards, featured with no annual fee and an interest rate of 19.99 percent. Cardholders receive a welcome bonus of 20,000 reward points with the first purchase charged to the credit card. One dollar in purchases is equal to 1.5 bonus points, and every qualifying cash advance earns 50 bonus points. Spending at retail partners of MBNA and staying at Best Western hotels earns even more bonus points. Cardholders who spend $6,000 in purchases are entitled to a one-tier elite status update. This card is offered with PayPass and chip and PIN technology. Choice Privileges is another offer by MBNA Canada, featured with no annual fee, a 16.9 percent interest rate on retail purchases, and 18.99 on balance transfers, cash advances, and access checks. An introductory interest rate of 1.99 percent applies to access checks and deposits and balance transfers during the first 6 months. Client of MBNA who choose this credit card earn 8,000 bonus points with the first purchase and up to 15 points for every dollar at more than five thousand Choice Privileges locations around the world. Every dollar in retail purchases earns two points.

CruisePlus Privileges is another of the MBNA Canada credit cards, offered with an annual fee of $29. The interest rate is 18.99 percent. An introductory rate of 1.99 percent applies within a period of 6 months. Every dollar in retail purchases earns one point, and cardholders get additional seven points when purchasing cruise fares available from CruisePlus. Around the clock fraud protection and common carrier travel accident insurance are included benefits.

Harley Davidson is a reward credit card intended for motorcycle lovers. It goes with no annual fee and credit line up to $100,000. The interest rate is 17.99 percent on purchases. Every $2 charged to the card is equal to 1 bonus point. Points can be used at all participating Harley-Davidson retailers across the country. Canadian Direct Insurance Inc is yet another of the MBNA Canada credit cards offered with rewards. This card goes with no annual fee, interest rate of 14.99 percent on retail purchases, and 16.99 percent on all other transactions. For every $2 in purchases, clients earn one bonus point. Points do not expire and can be used toward travel, gift cards, merchandise, or they can be exchanged for cash back.

More Rewards is a credit that goes with 4 points for every dollar when used together with a Save-On-More loyalty card. A welcome bonus of 25,000 is offered with the first purchase. The card goes with no annual fee, an introductory interest rate of 1.99 percent, and a standard interest rate of 19.99 percent. Clients of MBNA who choose Edmonton Eskimos earn one bonus point for every $1, with points to be redeemed toward exclusive ESKS merchandise and experience. There is no annual fee and the interest rate is 19.99 percent. Montreal Canadiens with HABS Rewards is a good choice for clients of MBNA who want to redeem points toward exclusive HABS merchandise and experience. Every $1 earns one bonus point, and cardholders get a welcome bonus of 1,000 points. The card is offered with an interest rate of 19.99 percent and no annual fee.

Pharmaprixis another rewards credit card that earns Pharmaprix Optimum Points, and $1 earns 25 points. The welcome bonus is 25,000 points. There is no annual fee, and the interest rate is set at 19.99 percent. An introductory rate of 1.99 percent applies to access checks and deposits as well as balance transfers. Shoppers Drug Mart, which is available in Quebec only, is another of the MNBA credit cards with rewards. Every $1 charged to the card earns 25 Shoppers Optimum Points, and the welcome bonus is 15,000 points. The card is featured with no annual fee, and the interest rate is set at 19.99 percent. The Sony Card is a reward card intended for persons who shop at authorized Sony dealers. The card earns double points on Sony merchandise and one point for every $1 in other purchases. It goes with no annual fee, and the interest rate is 19.99 percent.

MBNA also offers a variety of rewards credit cards to clients who are sports fans. Calgary Flames, for example, goes with a 17.99 percent interest rate on purchases, 19.99 percent on all other transactions, and no annual fee. Other cards to choose from are Detroit Red Wings and the Oilers Rewards Credit Card Program. The latter earns one bonus point for every $1 to be redeemed toward exclusive Oilers merchandise and experience, including taking an Oilers player to school, being the stick boy/girl for a game, and more. Toronto Maple Leafs is another of the MBNA Canada credit cards with rewards, earning one LEAFS point for every dollar in purchases. Points can be redeemed toward exclusive LEAFS merchandise and experience. There is no annual fee, and the interest rate is 19.99 percent.

Toronto Blue Jays is a sports credit card intended for persons who want to show their love for the Blue Jays. It goes with an introductory rate of 1.99 on balance transfers, no annual fee, and around-the-clock fraud protection.  Toronto Raptors is a credit card ideal for persons who want to cheer with the Raptors every time they charge an item to the credit card. It goes with no annual fee, and cardholders earn one bonus point for every dollar charged to the card. A welcome bonus of 1,000 points is offered, and RAPTORS Points can be redeemed toward exclusive RAPTORS merchandise and experience, such as End Zone tickets to a Raptors game, and much more

Ottawa Senators with SENS Rewards is a reward card and a good fit for clients who want to redeem points toward exclusive SENS merchandise and experience. Cardholders can play golf with players, travel with the team, and a lot more. The interest rate is 19.99 percent, and there is no annual fee.

CFL Rewards Platinum Plus MasterCard is another reward credit card offered with no annual fee, a 19.99 percent interest rate, and rewards points. Every $1 spent on the card earns cardholders one CFL point, and bonus points can be redeemed toward CFL merchandise and experience, such as official CFL team watch, official CFL Polo, and more. Cardholders receive a welcome bonus of 1,000 points.

MBNA Canada Balance Transfer Credit Cards

One credit card with a low interest balance transfer rate is NFL. This card goes with a 1.99 interest rate on balance transfers over the first 10 billing cycles. Other credit cards with an introductory interest rate of 1.99 percent on balance transfers are Canadore College, Conestoga College, and many others. Major League Baseball is a credit card offered with an introductory rate of 3.9 percent. The same rate applies to PGA TOUR, Inc, which is a credit card, intended for customers who want to show they are true golf fans. American Quarter Horse Association is another credit card with an introductory rate of 3.9 percent, no annual fee, and up to $100,000 credit limit. This credit card is a good choice for persons who want to show their love for horses. The card goes with PayPass and chip and PIN technology.

MBNA Canada Student Credit Cards

MBNA Canada features a large variety of student credit cards. Acadia University, for example, is a credit card, offered with around-the-clock fraud protection, no annual fee, up to $100,000 credit limit, interest rate of 16.99 percent on purchases, and 18.99 percent on balance transfers. A promotional rate of 3.9 percent on access checks and deposits and balance transfers apply over the first 6 months. The same conditions apply to the following credit cards: Athabasca University, Brandon University, and Trent University. 

Brock University is featured with a promotional interest rate of 1.99 percent on access checks and deposits and balance transfers over the first 10 months. Other cards featured with a promotional rate of 1.99 percent, standard rate of 18.99 percent on balance transfers, and 16.99 percent on purchases include: Canadore College, Conestoga College, Dalhousie University, Laurentian University, and McGill University. The same conditions apply to Memorial University of Newfoundland, Royal Military College, and Queen’s University at Kingston, and the grace period is 21 days. A promotional interest rate of 1.99 percent is offered with other student cards as well, and these are featured with chip and PIN technology and PayPass. Such cards are: Sheridan College, Seneca College, Ryerson University, and University of Alberta. These credit cards are offered with no annual fee. University of British Columbia is another student credit card with a 1.99 introductory interest rate, 24/7 customer service, online access to one’s account, and more. Standard interest rates of 18.99 percent on balance transfers and 16.99 percent on purchases apply. Student credit cards offered with the same terms and conditions are University of Calgary, University of New Brunswick, University of Ottawa, and University of Toronto. These cards are also featured with international acceptance and immediate cash access available from 430,000 ATMs around the world. Other credit cards featured with the same beneficial features and introductory interest rate are University of Victoria, University of Western Ontario, University of Windsor, as well as York University.

Specialty Cards

MBNA Canada offers three credit cards to customers who want to support charities. The Canadian Wildlife Federation, for example, is a credit card with no annual fee, 16.99 percent interest rate on retail purchases, and 18.99 percent on all other transactions. Every time cardholders charge items to the card, the Canadian Wildlife Federation receives donations. Ducks Unlimited is a credit card for clients who want to support Ducks Unlimited and is offered with no annual fee. The Royal Canadian Geographical Society is another credit card linked to a charity, with donations going to the Royal Canadian Geographical Society. This card is offered with no annual fee.  The interest rate on purchases is 16.99 percent.

MBNA also offers three career and professional credit cards. One option is the Canadian Bar Association, featured with no annual fee, up to $100,000 credit limit, and 9.9 percent interest rate. Around-the-clock fraud protection is offered. The Canadian Nurses Association is another specialty credit card for professionals, going with no annual fee, a promotional rate of 3.9 percent on access checks and deposits and balance transfers, and a standard rate of 16.99 on purchases. The rate is 18.99 percent on all other transactions. A third option is the College of Family Physicians of Canada Credit Card, with no annual fee, up to $100,000 credit limit,  a promotional 3.9 percent interest rate, and a standard rate of 16.99 percent on purchases.

Finally, MBNA Canada offers a variety of sports cards many of which are also a good option for a balance transfer credit card. Bombardier Sea-Do is offered with no annual fee, Around-the-clock fraud protection, and it is a good option for persons who love watercraft and sport boats. Bombardier Sky-Doo is another sports credit card with a low introductory fee of 3.9 percent on balance transfers over the first six months and a standard rate of 17.99 percent on purchases. This card is a good choice for snowmobiling enthusiasts and is offered with no annual fee.

Capital One Canada takes pride in being a leader on the credit card market, featuring competitive credit card terms and a variety of cards to choose from. Clients enjoy some of the best rewards programs and rates and can look into premium, classic, and guaranteed cards, suited for persons with different requirements and standard of living. Clients of Capital One can choose from low interest rate credit cards, reward credit cards, business credit cards, guaranteed credit cards, and a lot more.

Capital One Low Interest Credit Cards

Capital One offers three low interest credit cards to its individual clients. One is the Gold MasterCard with a 9.9% Interest Rate. This card is an ideal choice for clients who seek to save money on interest charges and carry a monthly balance. The income of applicants should be $30,000 or more. This credit card goes with a balance transfer and purchase rate of 9.9 percent and an annual fee of $49. The interest rate on cash advances is also set at 9.9 percent. Note that the balance transfer and purchase rate will be equal to a variable Prime rate plus 7.9 percent in January, 2015. The card also goes with a number of included benefits, among which extended warranty and price protection, baggage delay insurance, and MasterAssist Travel Assistance, among others. Another of the Capital One credit cards with low interest is the Gold MasterCard with a 11.9% Interest Rate. The rate is guaranteed for three years and set at 11.9 percent on balance transfers and purchases. The rate will become a variable rate equal to the Prime rate plus 9.9 percent in January, 2015. The annual fee is just $19. This credit card is a good pick for clients of Capital One Canada who have a minimum household income of $30,000, carry a balance, and want to save on interest charges. With this credit card, clients can opt for 1 percent cash back or rewards miles for an annual fee of $99. Those who prefer to collect bonus points earn one point for every dollar, and a bonus of 5,000 rewards miles with the first purchase. Points can be redeemed for travel, gift cards, merchandise, and cash. Clients who prefer to get cash back earn 1 percent cash back on purchases.  The total annual fee grows to $118. Additional benefits going with this card include travel accident insurance, baggage delay insurance, extended warranty, and more. Another low interest credit card offered by Capital One is the Gold MasterCard with a 14.9% Interest Rate. Again, this interest rate applies until January, 2015, when it becomes equal to the Prime rate plus 12.9 percent. Until then, the balance transfer and purchase rate is set at 14.9 percent while the interest rate on cash advances is 19.8 percent. The annual fee is zero. Note that this card is not a good fit for persons who carry a low balance and have a combined household income of less than $30,000.

Another of the Capital one credit cards with low interest is SmartLine Platinum MasterCard, featured with an interest rate of just 5.99 percent on balance transfers and purchases. The interest rate on cash advances is higher or 19.8 percent, and the annual fee is zero. This card is a good fit for persons who carry a balance, have excellent credit and a household income of at least $40,000, and carry a monthly balance. The credit card is a good choice for those who spend about $3,000 a month and want to save on interest charges. Included benefits are baggage delay insurance, extended warranty, and more. The Fusion Platinum MasterCard is yet another option for persons who look for a low interest rate credit card. It is offered with no annual fee and an interest rate of 9.9 percent on purchases and balance transfers (the interest rate is 19.8 percent on cash advances). Likely applicants carry a balance, have a household income of at least $40,000, and want to earn rewards. Every $2 spend on the card earn one bonus point.

Capital One Reward Credit Cards

Capital One Canada offers a variety of credit cards with reward incentives. One option is the Aspire Travel World MasterCard, offered with an annual fee of $120 and an interest rate equal to the Prime rate plus 16.8 percent. This credit card is an ideal choice for clients of Capital One who want to earn reward points, do not carry a balance, and have a minimum personal income of $70,000. The first purchase earns a bonus of 35,000 bonus miles, and an anniversary bonus of 10,000 is offered every year. Supplementary cards are free-of-charge and also earn reward points. One dollar charged to the card earns two bonus points. Clients enjoy a variety of added benefits including trip cancellation insurance, extended warranty, and travel emergency medical insurance. Other beneficial features are trip interruption insurance and flight delay insurance. With flight delay, persons are reimbursed for living expenses up to a limit of $1,000 per trip. Trip cancellation is also a valuable insurance cover in case an illness, injury, or another protected cause prevents cardholders from starting their trip. Cancellation expenses of up to $1,000 a day are offered. Another of the Capital One credit cards with rewards is the Delta SkyMiles World MasterCard, with an annual fee of $120, an annual fee of $49 for supplementary cards, and an interest rate of 19.8 percent. Every dollar in purchases charged to the card earns 1 Delta Mile while Delta purchases earn 2 points for every dollar. Adding an authorized user earns additional 2,500 bonus miles. A welcome bonus in the amount of 25,000 points is offered with the first purchase. This card is offered with a number of beneficial features among which trip cancellation insurance, flight delay insurance, travel accident insurance, and others. Purchase assurance and price protection are offered as well as concierge services, including assistance with arrangements for shopping, business, entertainment, and travel.

Another good choice for a rewards credit card is the Aspire Travel Platinum MasterCard, offered with an interest rate equal to the Prime rate plus 16.8 percent. This rate applies to balance transfers, purchases, and cash advances. The annual fee is zero. The first purchase earns a welcome bonus of 50,000 bonus miles. Every $1 charged to the card earns one reward mile. This credit card is an ideal choice for persons who do not carry a balance, have a household income of at least $30,000, and want to earn rewards. The typical cardholder has excellent or good credit, spends over $1,000 monthly, and pays the balance in full. A number of added benefits go with this card, including MasterAssist travel assistance, car rental collision/ loss damage waiver, extended warranty, and more. Another of the Capital One Canada credit cards with rewards is the Delta SkyMiles Gold MasterCard, which goes with a 19.8 percent interest rate, applicable to balance transfers, cash advances, and purchases. The annual fee on this card is zero. It is a good choice for clients who do not carry a balance, fly often with Delta Air Lines, and have a household income of at least $30,000. The likely applicant has good or excellent credit, a monthly spend of at least $1,000, and carries a low balance. The first purchase on the card earns 2,500 bonus points, and every $1 in Delta purchases earns one reward points. Cardholders get one point for every $2 spent on all other purchases. Beneficial features include purchase assurance, baggage delay insurance, zero fraud liability, and others.

Capital One Cashback Credit Cards

Clients who prefer to get cash back can check Capital One credit cards with cash back. Two such cards are the Aspire Cash World MasterCard and the Aspire Cash Platinum MasterCard. Clients who go with the first card earn 1.5 percent cash back on all purchases. The first purchase earns a welcome bonus of $100. The interest rate is equal to the Prime rate plus 16.8 percent, applicable to purchases, cash advances, and balance transfers. The annual fee is $120. This card is a good fit for persons who want to earn cash back, do not carry a balance, and have a personal income of at least $70,000. Likely applicants spend over $2,000 a month and have good or excellent credit. All purchases charged to the card earn 1.5 percent cash back, and clients get extra 20 percent in cash rebates on the card’s anniversary. The first purchase earns a bonus of $100. There is no limit on the cash back to be earned, and cardholders can add authorized users at no added cost, thus earning even more cash. Points do not expire, and cardholders can choose how to have their cash – by statement or credit. It is easy to redeem points online or over the phone. Cardholders who opt for this card enjoy a number of beneficial features as well. These include trip interruption insurance, flight delay insurance, travel accident insurance, zero fraud liability, and more. Another of the Capital One credit cards to check is the Aspire Cash Platinum MasterCard, offered with no annual fee, and an interest rate equal to the Prime rate plus 16.8 percent. Likely applicants for this card have a personal income of at least $30,000 and good or excellent credit. The card is also a good choice for clients of Capital One who spend over $1,000 a month, pay their balance in full, and want to earn cash back. The card earns 1 percent cash back on net purchases, and a bonus of $50 is offered with the first purchase. Cardholders can request supplementary cards and earn even more cash back. Cash rewards do not expire and can be redeemed at any time. Added benefits that go with this credit card include zero fraud liability, baggage delay insurance, purchase assurance, travel accident insurance, and others.

Capital One No Annual Fee Credit Cards

Capital One offers a variety of credit cards with no annual fee. One is the Gold MasterCard with a 14.9% Interest Rate, with no annual fee and a 14.9 percent interest rate. This card is a good choice for persons who carry a balance and want to save on interest payments. The typical cardholder has good credit. Benefits that go with this card include travel accident insurance, price protection, purchase assurance, baggage delay insurance, and more. Other Capital One credit cards with no annual fee to choose from are Delta SkyMiles Gold MasterCard, Aspire Cash Platinum MasterCard, and Aspire Travel Platinum MasterCard.

Capital One Secured Credit Cards

Clients who look for secured credit cards have plenty of options to choose from. The Guaranteed MasterCard, for example, is offered to clients of Capital One Canada who seek to rebuild credit. This credit card is offered with an interest rate of 19.8 percent and an annual fee of $59. Approval is guaranteed if the applicant does not have an existing account at Capital One, has not had an account in bad standing there, has not applied for a credit card over the last 45 working days, and is of the majority age. The annual household income of applicants should be at least $20,000. This credit card is offered with price protection, baggage delay insurance, zero fraud liability, purchase assurance, and more. Another of the Capital One credit cards offered with guaranteed approval is the Low Rate Guaranteed MasterCard, going with an interest rate of just 14.9 percent on purchases. The same rate applies to balance transfers, and the rate on cash advances is 19.8 percent. The annual fee is $79. This card is a good choice for persons who seek to strengthen or rebuild their credit, have a household income of at least $20,000, and carry a balance. Likely applicants have a low monthly spend, monthly balance of $100, and pay at least the minimum balance. Included benefits are purchase assurance, price protection, and car rental collision/ loss damage waiver, among others. The Gold Plus MasterCard is another secured credit card that helps cardholders build their credit history. The card is featured with an annual fee of $59 and a 19.8 percent interest rate. In two years, the interest rate shrinks to 13.8 percent. The credit card is offered with a number of beneficial features, among which purchase assurance, baggage delay insurance, and MasterCard Benefits such as emergency cash advances, referral to the closest ATM, 24/7 telephone access, and emergency card replacement.

The Guaranteed MasterCard for Newcomers is yet one option for persons who seek to build or strengthen their credit history. The annual fee is $59, and the interest rate is set at 19.8 percent. This card is an ideal choice for persons with no credit history in Canada who have an annual household income of over $20,000. The Guaranteed Secured MasterCard is another option for persons who want to build or rebuild credit. Security funds are required, and they may be as low as $75 or $300. This credit card goes with a credit limit of $300 or more. On closing the account, security funds are fully refundable. Likely applicants have a household income of over $20,000. The card is offered with an annual fee of $59, an interest rate of 19.8 percent, and zero fraud liability. A final option is the Low Rate Guaranteed Secured MasterCard, going with an interest rate of 14.9 percent on balance transfers and purchases and an annual fee of $69. The interest rate on cash advances is set at 19.8 percent. The card goes with included benefits such as Master RoadAssist Service, zero fraud liability, and 24/7 customer service among others.

TD Canada Trust offers a wide selection of financial products and services to clients who look for insurance and investment products, mortgages, day-to-day banking services, electronic banking, and credit cards. TD Bank features a variety of credit cards, including small business cards, student cards, reward and travel cards, and others.

TD Bank Secured Credit Cards

TD Bank offers secured credit cards to persons who seek to rebuild credit or are new to Canada and have no credit history. The limit on the credit card is determined by the deposit made to it. The deposit is held up to 3 years, and this period depends on the type of card the cardholder has. A secured credit card is a good choice for clients of TD Bank who want to take care of emergency purchases, hotel bookings, and car rentals. Any of the Toronto-Dominion Bank credit cards can be a secured credit card depending on whether the cardholder prefers to earn reward points or take advantage of another program of choice.

TD Bank Student Credit Cards

TD Canada Trust offers student credit cards that are a good fit for the requirements and needs of university and college students. One credit card offered to the student population is the TD Green Visa Card, going with a 21.5 percent interest rate on cash advances and 19.99 percent on purchases. There is no annual fee, and the card is offered with a variety of valuable included benefits. Among them are Budget Rent A Car and AVIS discounts, common carrier travel accident insurance, and others. TD Bank also offers optional services, including balance protection, travel medical insurance, and no fee balance transfers and Visa checks, among others. Another of the TD Canada Trust credit cards suited for students is the TD Classic Travel Visa Card. Customers who choose this card earn 2,000 bonus points in the form of a welcome bonus upon approval. Every $1 spent in purchases earns two TD points. Bonus points can be redeemed for vacation packages, cruises, train travel, car rentals, hotel bookings, air travel, and more. Cardholders are not limited to reward seats only. There are no advance booking requirements, blackout periods, or seat restrictions, and this applies to seat sales as well. Beneficial features that go with this card include free-of-charge authorized user cards, Verified by Visa, personal banking services, no fee balance transfers, and a lot more.

TD Bank US Dollar Credit Cards

Clients of TD Bank who travel frequently to the US and want to make purchases in US dollars may opt for the TD US Dollar Visa Card. An interest rate of 19.99 percent applies to purchases, and the interest rate on cash advances is slightly higher – 21.5 percent. The annual fee is $39 USD.  This credit card is an ideal choice for persons who want to know how much they spend as they do not have to worry about conversion rates. Among the included benefits featured with this card are delayed and lost baggage insurance, with a coverage in the amount of up to $1,500, and common carrier travel accident insurance. Emergency travel assistance services are also offered, helping cardholders with personal emergencies when travelling. Trip interruption insurance is available as well. Authorized user cards are offered free-of-charge.

TD Bank Low Interest Credit Cards

To clients who prefer to use a credit card with a low interest rate, Toronto-Dominion Bank offers the TD Emerald Visa Card. The interest rate is equal to the TD Prime rate plus 1.75 percent, and it goes up to the Prime rate plus 9.75 percent. The annual fee is $25, and there are many beneficial features, going with this card.  These include TD Auto Club, balance protection, as well as travel medical insurance. Authorized user cards are offered at no added cost.

TD Bank No Annual Fee Credit Cards

Clients of Toronto-Dominion who look for TD Bank credit cards with no fee can check the TD Gold Select Visa Card. This card is featured with a 21.5 percent interest rate on cash advances, and the interest rate on purchases is set at 19.99 percent. The annual fee is zero, and the card is offered with a variety of included and optional features. Included benefits are no fee traveler’s checks, extended warranty, and rental discounts from Budget Rent A Car and Avis. Optional services are free supplementary cards and travel medical insurance for persons who travel 2 or more times per year for pleasure or business. Trip interruption and trip cancelation coverage benefits are included in the Annual Plan. Cardholders also enjoy personal banking services, among which 24/7 instant cash access and account access, every branch banking, and check cashing privileges, with all branches of Toronto-Dominion Bank cashing almost any check drawn on a bank in Canada, which is payable to the cardholder. Verified by Visa and The Power of Visa are also offered. TD Standard and Deluxe Club is another beneficial feature. The Deluxe Plan offers services such as emergency accommodation and meals, emergency transportation car rental, traffic accident towing, and hazardous weather services, among others. The Standard Plan includes roadside assistance, lock-out assistance, fuel delivery and flat tire changes, and more.

TD Bank Reward Credit Cards

Toronto-Dominion Bank offers a variety of reward credit cards to clients who prefer to earn reward points Among the TD Canada Trust credit cards with reward incentives are the TD Platinum Travel Visa Card and TD First Class Travel Visa Infinite Card. The TD Platinum Travel Visa Card allows clients to earn TD points and redeem them for vacation packages, hotels, flights, cruises, train travel, and even airport parking. Upon approval, all cardholders are entitled to a welcome bonus of 20,000 reward points. Every dollar charged to the card earns three points, and cardholders receive nine bonus points for every dollar spent on travel purchases. Clients earn 9 TD points if they choose to book travel over the Internet through Expedia for TD, which is the Preferred Travel Provider of Toronto Dominion. Clients who make annual purchases in the amount of $30,000 earn 90,000 bonus points. Exclusive dining, concierge, and hotel privileges are also offered, including complimentary concierge services, boutique and luxury hotel privileges, as well as dining privileges. This card goes with a number of included benefits, such as trip interruption insurance, priority pass membership discount, and delayed and lost baggage insurance. Emergency travel services are also offered, and cardholders can be provided with lost luggage assistance, emergency transportation, and consultation and medical referrals. Transportation to another hospital or medical facility is also provided, as well as bail bond assistance and legal referrals. Another of the Toronto-Dominion Bank credit cards is the TD First Class Travel Visa Infinite Card, earning 3 bonus points for every $1 in purchases. The welcome bonus is in the amount of 20,000 reward points. Cardholders can request additional authorized user cards and earn points on them as well. Supplementary authorized user cards cost $50 a year. The card is offered with travel medical insurance, trip cancelation insurance, CardAssist Card Registry Service, and more. Guaranteed hotel reservations are an added benefit, giving cardholders peace of mind, should they arrive late. The card goes with a 19.99 percent interest rate, and the annual fee is $120.

TD Bank Cashback Credit Cards

The TD Gold Elite Visa is one cashback credit card offered by Toronto-Dominion. The card earns a 1 percent cash rebate, and there is no limit on the cash to be earned. The credit card earns cash back every time a cardholder is using it to pay bills, travel, get entertained, and do shopping. There are a number of benefits going with the card, among which emergency travel assistance services, trip interruption insurance, no-fee traveler’s cheques from American Express, and more. There are optional services as well. These include Power of Visa, chip enabled technology, and travel medical insurance, among others.

TD Bank Auto and Gas Credit Cards

The TD Driver’s Reward Visa is one of the Toronto Dominion credit cards offered with TD Driver’s Rewards Points. The card earns 2 percent bonus points on purchases made on the card. Every dollar cardholders spend on gas purchases earns 2 points up to $700 and 1 point per $1 over this amount. Points can be redeemed toward the lease or purchase of new or used vehicles, and service and automotive parts’ purchases. These include spark plugs, tires, windshield wipers, car mats and seat covers, car radio, GPS system, and more. Automotive services and parts should be bought from eligible merchants, and cardholders should allow enough time for the automotive services and parts to be posted to the account. Regarding redemptions toward vehicles, it is important to have the vehicle’s date of lease or purchase, VIN number, vehicle model and make, as well as the dealership name. To have the dollar value of bonus points credited, cardholders should specify the number of points they want to redeem. The points are credited to one’s account in 2 to 3 working days. The TD Driver’s Reward Visa is featured with a variety of benefits, among which message service, emergency card replacement, guaranteed hotel reservations, and more. Optional balance protection and travel medical insurance are available.

TD Bank Business Credit Cards

To its business customers, Toronto Dominion bank offers three business credit cards. The TD Business Travel Visa Card goes with a 19.99 percent interest rate on purchases, minimum credit limit of $1,000, and annual fee of $149. Supplementary cards are offered and also cost $149 a year. The interest rate on cash advances is 20.5 percent. Every dollar charged to the card earns 3 bonus points, and these can be redeemed for hotel stays, flights, car rentals, train tickets, taxes, and airport parking. There are no blackout periods, seat restrictions, and advance booking requirements. Beneficial features include monthly management reports divided into categories, such as food and beverage, travel and airfare, auto rental, payments and credits, and more. Business banking services include preauthorized payment service, EasyWeb Internet banking, check cashing privileges, and others. Another of the TD credit cards for business is the TD Business Visa Card, offered with an annual interest rate of 21.5 on cash advances and 19.99 on purchases, annual fee of $50 per card, and minimum credit limit of $1,000. The card is featured with travel and protection benefits, including optional Business Auto Club, guaranteed hotel reservations, no fee traveler’s checks from American Express, and more. Business banking services include 24/7 account access to account information and accounts, every branch banking, and preauthorized payment service offering convenient and easy automatic payments, made from any account at any bank in Canada. The TD Venture Line of Credit Visa Card is another of the TD Canada Trust credit cards intended for small business owners. The card goes with variable rate, which is based on the TD Prime rate, no annual fee, and $1,000 minimum credit limit. The maximum credit limit on this card is $50,000. No annual review or business plan is required for yearly renewal if the account is in good standing. Note that the interest-free period is zero days. It is easy to apply because applications are reviewed mainly based on personal creditworthiness. There are no setup, monthly, or annual fees. Cardholders are in control of how often, how much, and for what they can use the credit card. Plenty of beneficial features go with this card, among which Powered by Visa, Visa payWave, chip enabled technology, as well as and supplementary cards. Up to three cards can be requested.

Note that features, annual fees, and interest rates are subject to change. In addition, coverages, features, and benefits are subject to changes, exclusions, conditions, cancellation, and limitation. Some of the coverages and benefits that go with credit cards may be available to the primary cardholder only.

CIBC offers to its clients personal and business banking services, from bank accounts to insurance and investment products, mortgages, lines of credit and loans, and a variety of credit cards. The bank features credit cards intended for business owners as well as personal credit cards for clients from every walk of life. Clients of the Canadian Imperial Bank of Commerce can choose from everyday cards, student credit cards, reward and travel credit cards, and business credit cards, among others.

CIBC Student Credit Cards

Persons who look for Canadian Imperial Bank of Commerce credit cards for students can check the CIBC Classic Visa Card for Students. There is no minimal income requirement to apply for this card. It is offered with a 19.99 percent interest rate, applicable to purchases, 21.50 percent interest rate on balance transfers, convenience checks, and cash advances, and no annual fee. This card is a good fit for students who need a credit card for day-to-day purchases and are enrolled full-time in a recognized higher institution of learning (university or college). It is featured with a variety of benefits, among which Personal Spend Manager, which allows cardholders to develop spend categories and monitor and manage the ones that are important to them. Another feature is the Online Spend Report, giving cardholders a comprehensive view of their card-related spending and allowing them to establish customized budgets. Spend Alerts are yet another beneficial feature available through the online banking service of CIBC. Clients can choose to get notifications by online message, email, or phone once they are nearing their credit limit or upon having exceeded their customized budget. Credit Report Alerts and Fraud Alerts are also available. Credit Report Alerts allow cardholders to stay up-to-date regarding unusual activity on their credit files and important changes to their credit reports.

CIBC Cashback Credit Cards

Clients of CIBC who prefer to use a cashback credit card can choose from three options. The CIBC Dividend Card is offered to customers who have an annual household income of $15,000 or more. The card goes with a 21.50 percent interest on convenience checks, cash advances, and balance transfers and 19.5 percent on purchases. There is no annual fee, and cardholders can request up to three additional cards at no added cost. This card earns 1 percent cash back on net purchases charged to the card. Additional benefits include common carrier accident insurance, purchase protection through reimbursement, repairs, and replacement on most purchases charged to the card. Cardholders also get up to 20 percent discount when shopping at participating AVIS stores. The CIBC Dividend Visa Infinite Card is another option for clients looking for Imperial Bank of Commerce credit cards with cash back. The same interest rates apply as those offered with the CIBC Dividend Card, and it is featured with no annual fee. This card is a good choice for persons who want to earn cash back and need a card for travel, unexpected emergencies, and day-to-day shopping. Annual purchases over $3,000 earn 1 percent cashback. Optional features are also offered with the card, including trip interruption and trip cancelation insurance, CIBC Payment Protector, and emergency travel medical insurance. Emergency card replacement is available. Another of the CIBC credit cards with cash back is the CIBC Dividend Unlimited World MasterCard. This credit card earns two percent cashback and is offered with comprehensive travel and purchase protection. The annual fee is set at $79. Additional 2 percent cashback can be earned by shopping at participating CIBC Bonus Rewards retailers, inns, hotels, spas, and golf courses. The card also earns additional three percent cashback at participating high-end restaurants. Out of province emergency travel medical insurance, purchase security insurance, trip interruption insurance, and extended warranty are also offered. The card is featured with emergency replacement and guaranteed hotel reservations.

Two other Canadian Imperial Bank of Commerce credit cards to choose from are the CIBC Dividend One MasterCard and CIBC Dividend Platinum MasterCard. The CIBC Dividend One MasterCard goes with no annual fee, up to three supplementary cards at no added cost, and interest rate of 19.99 percent. Purchases charged to the card earn one percent cashback. It is a chip-enabled card, featured with guaranteed hotel reservations, flight delay and baggage insurance, car rental discounts, and more.  The CIBC Dividend Platinum MasterCard earns 2 percent cash back or the amount of up to $735 a year. The annual fee is $75. Persons who apply for this card should have a minimum household income of $30,000. The card goes with AVIS rental car discounts, emergency card replacement, and Auto Rental Collision / Loss Damage Insurance, among others.

CIBC Reward Credit Cards

Clients of the Imperial Bank of Commerce who prefer to use rewards credit cards can choose from a number of such cards on offer. Among the CIBC credit cards offered with rewards is CIBC Aventura. Likely applicants are persons with a minimum combined household income of $120,000 or a minimum personal income of $70,000. The interest rate on purchases is 19.99 percent, the annual fee is $120, and supplementary cards cost $50 a year. Clients can request up to three additional cards. One dollar spent on purchases earns one Aventura point.  Every dollar spent at drugstores, gas stations and grocery stores earns 1.5 Aventura points. Points can be redeemed for lifestyle rewards, gift cards, and a selection of merchandise. The CIBC Aerogold Visa Infinite Card earns 1.5 reward points for every $1 in purchases at grocery stores, gas stations, and drug stores. Clients receive a bonus of 15,000 points with the first purchase. The interest rate is set at 19.99 percent on purchases, additional cards cost $50 a year, and the annual fee is $120. Likely applicants are persons with a combined household income of $100,000 or over or  a minimum personal income of $60,000 a year. Customers who look for Canadian Imperial Bank of Commerce credit cards with rewards can also check the CIBC Aero Classic Visa Card, going with an annual fee of $29, up to three free supplementary cards, and interest rate of 19.99 percent. A minimum combined household income of $15,000 is required. The card earns one reward point for every two dollars in purchases. It is featured with Visa payWave, emergency card replacement, common carrier accident insurance, and more.

Other reward cards to look into are the CIBC Aerogold Visa Card and CIBC PETRO-POINTS Master Card, among others. The CIBC Aerogold Visa Card gives cardholders access to every seat on Jazz and Air Canada, including Executive First and Executive Class. Cardholders earn 1.5 bonus points for every $1 spent on gas, groceries, and at drug stores. The card also earns 1.5 points for every $1 spent at Fairmont Hotels and Resorts around the world. The minimum required household income is $15,000, and the interest rate is set at 19.99 percent. The annual fee is $120, and additional cards cost $50 a year. Clients can request up to three supplementary cards. Added benefits include common carrier accident insurance, guaranteed hotel reservations, emergency card replacement, and more. The card also goes with flight delay and baggage insurance for delayed, damaged, stolen, or lost checked baggage.

The CIBC Aventura Visa Infinite Card is another reward credit card, featured with Bonus Aventura Points. The card earns 1.5 points for every $1 spent at grocery stores, gas stations and drug stores. Points can be redeemed for a variety of travel options. Clients can choose from tour packages, cruise lines, car rental agencies, hotels, and more. Cardholders can also choose from more than one hundred airlines, and there are no fees, blackout periods, or restrictions. All other purchases earn one Aventura point, and a welcome bonus of 15,000 is offered with the first purchase. Likely applicants for this card have a minimum household income of $100,000 or a personal income of at least $60,000. The card goes with an annual fee of $120, $50 for additional cards, and 19.99 percent interest rate. Additional benefits that go with this card include trip interruption insurance, out of province travel medical insurance, and others. Identity theft assistance, enhanced monthly statements, and fraud and credit report alerts are also offered. Clients enjoy guaranteed hotel reservations, and emergency card replacement is available.

CIBC Auto and Gas Credit Cards

Persons who prefer to use an auto and gas credit card may check the CIBC PETRO-POINTS Master Card. It goes with a 19.99 percent interest rate, zero annual fee, and up to 3 free supplementary cards. The minimum required household income is $15,000. Buying one litre of fuel from Petro-Canada stations saves 2 cents. A welcome bonus of 15,000 points is offered with the first purchase. Another credit card to look into is the CIBC Driver’s Edge World MasterCard Card. Cardholders earn a 2 percent rebate on every $1 charged to the credit card at hotels, spas, inns, retail stores, and restaurants. Other participating Bonus Rewards establishments are golf courses and extra rewards restaurants, including Irish Embassy Pub and Grill, Woodhill Garden Center, Terra Catering, and others. Rebates can go toward the lease or purchase of any eligible vehicle. An additional rebate of three percent is offered for using the card at select high-end restaurants. This card goes with a 19.99 percent interest rate, and additional benefits include flight delay and baggage insurance, common carrier accident insurance, and more.

CIBC No Annual Fee Credit Cards

The bank offers the CIBC Dividend Visa Infinite Card to clients who prefer to use a credit card with no annual fee. Applicants should have a minimum household income of at least $15,000. This card is featured with no annual fee and 19.50 percent interest on purchases. Cardholders can request 3 supplementary cards free-of-charge. Additional benefits include Spend Alerts, enhanced monthly statements, and identity theft assistance, among others. Identity theft assistance gives cardholders access to clear instructions and guidance in case they suspect they have become a victim of identity theft. Cash advances are offered in the amount of up to $1,000 a day. Other added benefits include guaranteed hotel reservations, personalized convenience checks free-of-charge, and emergency card replacement. Another credit card offered with no annual fee is the CIBC Dividend One MasterCard.

CIBC Low Interest Credit Cards

The CIBC Select Visa Card is one option for clients who look for Canadian Imperial Bank of Commerce credit cards with low interest. The card goes with a 11.99 percent interest on cash advances, purchases, convenience checks, and balance transfers. The minimum required household income is $15,000. Additional benefits include AVIS car rental discounts, guaranteed hotel reservations, emergency card replacement, and more.

CIBC Business Credit Cards

To its business clients, the Canadian Imperial Bank of Commerce offers two business cards – the CIBC bizline VISA Card and the CIBC Aerogold VISA Card for Business. The CIBC bizline VISA Card is offered with no annual fee, minimum credit limit of $5,000, interest rate as low as the CIBC prime rate plus 1.5 percent and up to nine free supplementary cards. The grace period is at least 21 days. Cardholders can access cash in three ways: through ATMs, bizline cheques, and their VISA card. The CIBC Aerogold VISA Card for Business is another option, featured with a $5,000 minimum credit limit, annual fee of $180, and interest rate as low as 10.8 percent. Additional cards cost $50 a year, and cardholders can request up to nine additional cards. Every dollar in purchases earns one bonus point.

CIBC US Dollar Credit Cards

Clients who want to use a US dollar credit card may check the CIBC US Dollar Visa Card. It is offered with an annual fee of $35 USD, 19.99 percent interest rate on purchases, and three free additional cards. The minimum required household income is $15,000. This card is a good choice for persons who travel to the USA frequently, saving them fees, charges, and foreign exchange conversions.

Scotiabank offers a range of financial services to its business and individual clients, from day-to-day and online banking to investment products, insurance plans, loans and lines of credit, mortgages, and more. The credit cards featured by the Bank of Nova Scotia include no annual fee credit cards, rewards credit cards, low rate credit cards, and a variety of others. Business customers can choose from a number of credit cards intended for businesses, helping them control their business expenses. Business credit cards are designed for mid-sized and small companies and are featured as the ideal solution to reducing borrowing costs and managing cash flow.

Scotiabank Student Credit Cards

The Bank of Nova Scotia offers two credit cards, which are especially designed for students. One option is L’earn VISA, featured with zero annual fee, 21.99 percent interest on balance transfers and cash advances, 19.99 percent on purchases, and interest-free period of 21 days or more. The minimum credit limit is $500. Clients who choose this credit card earn up to 1 percent cash back on purchases charged during the year. Additional features include optional balance protection and instant cash advances. Visa zero liability and Visa payWave are also offered. Another of the Bank of Scotia credit cards is SCENE Visa, going with a credit limit of $500, interest-free period of 21 days, 21.99 percent interest rate on balance transfers and cash advances, and 19.99 percent on purchases. The card earns one bonus point for every dollar in purchases, and you get 5 bonus points for using the card at participating Cineplex theatres. Points can be redeemed for music, movies, and more, and the first purchase earns 4,000 bonus points. There is no annual fee. Scotia Visa cheques are an added benefit and can be used to transfer balances from high interest retail and gas credit cards as well as to pay for insurance premiums, large items, utility bills, or medical bills.

Scotiabank Cashback Credit Cards

Scotiabank also offers cashback credit cards with plenty of beneficial features. Among the Bank of Nova Scotia credit cards featured with cash back is the Scotia Momentum VISA Infinite, going with a minimum credit limit of $5,000, annual fee of $99, and 19.99 percent interest rate on purchases. The interest rate on balance transfers and cash advances is higher or 21.99 percent. Likely applicants have a minimum household income of $100,000 or a minimum personal income of $60,000. This card earns one percent cash back on purchases, two percent on recurring bills and drugstore purchases, and four percent on purchases in grocery stores and gas stations. Additional benefits include up to 20 percent rental car discounts at AVIS car rental stores, Scotia Visa cheques, balance protection, and instant cash advances, among others. Another cashback credit card to look into is the Scotia Momentum VISA, offered with an interest-free period of 21 days or more, $500 minimum credit limit, and interest rate of 19.99 on purchases. The annual fee is $39.

Scotiabank Low Interest Credit Cards

Clients of Scotiabank who look for low interest credit cards have three options to choose from. Scotiabank Value VISA is offered with an 11.99 percent interest rate, interest-free period of 21 days or more, $500 minimum credit limit, and annual fee of $29. This card is a good fit for customers of the Bank of Nova Scotia who prefer to save on interest, pay down their balances quicker, and simplify monthly payments. Additional features include rental discounts, Scotia VISA cheques, and zero liability. Another of the Bank of Nova Scotia credit cards with low interest is Scotiabank No-Fee Value VISA, featured with a 16.99 percent interest rate, zero annual fee, and $500 minimum credit limit. This card goes with the same beneficial features as Scotiabank Value VISA. A third offer is ScotiaLine Visa, featured with zero annual fee, $20,000 minimum credit limit, and secured or unsecured interest rates. Secured rates equal the prime rate of Scotiabank plus 1 percent while unsecured rates equal the prime rate plus 4.99 percent. The credit limit ranges from $20,000 to $500,000. The card is offered with extended warranty protection, purchase security, and interest-free period of 21 days or more.

Scotiabank Reward Credit Cards

The Bank of Nova Scotia also offers reward credit cards to its clients. One is SCENE VISA and another is ScotiaGold Password VISA, with an annual fee of $110 and $5000 minimum credit limit. The interest rate is set at 21.99 percent for balance transfers/ cash advances and 19.99 for purchases. The card earns one reward point for every dollar in purchases, and a welcome bonus is offered with the first purchase. Clients who purchase travel through Scotia Rewards get 5 percent cash back. Cardholders travel with no restrictions, at any time of the year, and anywhere. The Scotia Rewards Concierge Service gives clients the opportunity to book private tennis or ski lessons, arrange a floral delivery, obtain events and sporting tickets, make restaurant reservations and recommendations, and more. Other beneficial features include car rental discounts, instant cash advances, and free card registration service for all debit and credit cards and important documents, including insurance policies, passports, and driver’s licenses. In the event of theft or loss, Scotiabank places an urgent stop notice and a card replacement process is started.  There is no restriction on the number of documents and cards to be registered.

Another of the Bank of Nova Scotia credit cards with rewards is ScotiaHockey VISA. This card goes with an annual fee of $49, grace period of at least 21 days, and $500 minimum credit limit. The interest rate on cash advances and balance transfers is set at 21.99 percent, and a lower interest rate applies to purchases – 19.99 percent. One dollar in purchases earns one ScotiaHockey Rewards point, and points can be redeemed for merchandise, electronic gift certificates, exclusive hockey events, travel, and more. Cardholders who redeem for travel enjoy flexible travel options and no booking fees. There are no blackouts or restrictions, and points can be redeemed by phone or online. The first purchase charged to the card earns 2,000 bonus points. Beneficial features include balance protection, instant cash advances, and Visa payWave, among others.

Scotiabank No Annual Fee Credit Cards

Clients of Scotiabank who want to have a no annual fee credit card can choose from a variety of options. Scotiabank No-Fee Momentum VISA and Scotiabank No-Fee Value VISA are two good choices. Scotiabank No-Fee Momentum VISA is offered with a $500 minimum credit limit, zero annual fee, and grace period of at least 21 days. An interest rate of 21.99 applies to balance transfers and cash advances, and the interest rate on purchases is set at 19.99 percent. A low interest rate of 7.99 percent is offered for a period of six months, but it applies to purchases only. Cardholders earn 1 percent cash back on recurring bill payments and drugstore, grocery store, and gas purchases. All other purchases earn 0.5 percent. There is a long list of merchants that qualify for cash back of 1 percent. Among them are Canada Safeway, No Frills Drugs, Gale S Gas Bar, Canadian Tire Gas Bars, and many others. Additional features include instant cash advances, AVIS car rental discounts, and VISA payWave, which offers security, convenience, and speed when charging small purchases. Among the Bank of Nova Scotia credit cards with no annual fee is also the No-Fee ScotiaGold Visa. This credit card goes with a $5,000 minimum credit limit, zero annual fee, and 19.99 interest rate on purchases. The interest rate on cash advances and balances is higher (21.99 percent). This card is featured with emergency travel assistance, rental car collision insurance, and commission free traveler’s cheques. Cardholders who would like to have additional cards issued can download and fill in the bank’s supplementary card order form. Other no fee credit cards to look into are SCENE VISA and ScotiaLine VISA.

Scotiabank Business Credit Cards

Scotiabank offers four credit card varieties to its business clients. One option is the ScotiaGold Passport for business Visa, which is featured with rewards. This card goes with a $5,000 minimum credit limit, $500,000 maximum credit limit for secured lines of credit, and $50,000 maximum limit for unsecured lines of credit. The card is offered with an annual fee of $120 and 19.99 percent interest rate on purchases. Additional cards cost $50 a year. The card earns 1 bonus point for every dollar in purchases, and cardholders can redeem points for brand name merchandise, Scotia Rewards credit and investment vouchers, gift certificates, and unrestricted, flexible travel options. Cardholders who hold supplementary cards also earn points. Additional card benefits include instant cash advances, access to Visa mini-statements, as well as free VISA checks to pay utility and dental/ medical bills, pay insurance premiums, and make balance transfers.  Personalized credit cards with the cardholder’s business and personal name are offered.

Another option is the ScotiaLine for business VISA card. This card goes with zero annual fee, credit limit up to $50,000 for unsecured lines of credit and credit limit up to $500,000 for secured lines of credit. The unsecured rate is equal to the prime rate plus 2.49 to 5.49 percent, and the secured rate is set at as low as the prime rate plus 1 percent. An interest-free period of 21 days or more applies to purchases. Free personalized checks and supplementary cards are offered.

Clients who look into Bank of Nova Scotia credit cards for business may also check the Scotiabank VISA Business Card. They are free to select the right combination of silver and gold credit cards, which are offered in US and Canadian currencies. Cardholders get individual limits for cash advances and credit as to meet their cardholder and business requirements. Silver credit cards are offered with more modest credit limits, while gold cards are featured with international concierge services and comprehensive travel insurance. Benefits include savings and cash back rewards, pricing based on currency and card type, and toll-free support. Simplified expense management is an added benefit through the Scotiabank VISA Business Card program. It helps cardholders streamline administration, consolidate business-related spending, and reduce expenses. Clients enjoy convenient monthly payments through direct debit and have fewer checks to write. Consolidating payments is a good way to reduce account transactions and lower service charges. The CAD program costs $65 CAD for silver cards and $95 CAD for gold cards. With the USD program, silver cards cost $65 and gold cards – $95.

A fourth business card offered by the Bank of Nova Scotia is the Scotiabank Commercial Card. It is a one-card solution to corporate level expense management, small-dollar purchasing, entertainment, and more. This scalable and flexible program can be integrated with future and existing business plans and is fully customized. Business owners can impose merchant restrictions and use spending and transaction limits to control spending at the cardholder level. This card also gives cardholders the opportunity to oversee travel policies and company-wide spending through reports on individual employees, cost centers, or a combination of both. Central billing is another option featured with individual billing and consolidated monthly invoice, or both. The Scotiabank Commercial Card is offered with a number of benefits, including the opportunity to reduce supplier inquiries. This is possible by consolidating invoices into one payment. Cardholders can also analyze the spending patterns of different vendors as to negotiate discounts. In addition, program managers manage business accounts throughout the process – from the initial consultation up to the stage of program implementation. Finally, Scotiabank benchmarks performance through objective and quantitative criteria at regular intervals. This helps cardholders attain cost-effective benefits.

The Commercial Card program of the Bank of Nova Scotia is offered to corporate and commercial clients with sales over $20 million a year. Spending starts from $5 million a year. Commercial credit cards are generally a good choice for corporate entities with geographically dispersed operations, a large number of suppliers, and decentralized buying authority.