I wonder why all these cards are disappearing.
If cashback on all purchase can be 1.75%
10K spend is $175
$CAD175 gets in promotions roughly
- 20K IHG
- 27K Hilton
- 30K Club Carlson
One can probably get (much) more out of each chain system, and that is at our end user level.
What's wrong with Canadian Financial Institutions not throwing those cards at users but choosing to discontinue them? With their negotiating power they'd get much better return on hotel partner cards then on their cashback cards...