I looked into the best credit cards for travel rewards in Canada, and the only way to earn more rewards is to use a premium credit card with an annual fee. I calculated the travel rewards based on spending an average of $2,500 a month - $30,000 annually on your credit card.
Missing a payment date on your credit card used to mean a late fee and a rate hike. But more cards are coming out that show leniency with late payments.
While credit cards can, indeed, lead to the bondage of debt, they can also be great financial tools. How you use your credit card matters, and with the right approach, credit cards can help you improve your finances and better manage your cash flow.
The Miles by Discover Card offer up easy to understand rewards where you can easily rack up miles for your everyday card use. See details in our Miles by Discover review.
I love using the MBNA Smart Cash MasterCard for my everyday spending. I've been using this cash back credit card for a year and have received over $500 in cash back so far.
It doesn't get much better than receiving cold-hard cash back just for using a credit card for your every day spending. Here are the benefits for using the MBNA Smart Cash MasterCard:
Debt snowflaking can help you reduce your debt with small amounts over time. For many this is a great way to be debt-free, especially credit card debt.
If you have tried to reign in your spending and get control of your unwieldy household finances, but still the credit card balance and other loans are heading upwards, you might be ready for a tool many governments and companies have used successfully - zero-based budgeting.