Originally Posted by
Tax Dude
MG:
$60/year. I think I got a deal for the first year, but I can't remember exactly. I did need a US address to apply, but if you "move" to Canada after you already have the card you can have a Canadian address. I have a BoA bank account in NY state and can pay it online from that.
OK thanks. I can't justify a fee card with my spend level in the US. Since you can buy miles from AC directly at 3 cpm, you could buy > 2000 miles from AC with the US$60 annual fee. Since you earn 1 mile/$ spent, you would have to put over $2K on the card just to break even.
So the no fee, 0.5% cash back BMO card is still the best deal for me.
It would be a different story if I could charge business expenses on my personal credit card.