[Consolidated] Which Canadian credit card should I get?
Sep 7, 2012, 12:24 pm
#61
Join Date: Sep 2008
Location: Toronto
Posts: 426
Sep 7, 2012, 1:02 pm
#62
Join Date: Sep 2010
Location: Canadia
Programs: A loyal Amerisuites customer... oh wait
Posts: 2,033
Fair enough. Just saying if your goal is BA points, you should plan it out.
Startup bonuses aren't great with RBc. Good startup deals are Capital One Aspire, BW MC, Starwood Amex, new Marriott Visa.
Startup bonuses aren't great with RBc. Good startup deals are Capital One Aspire, BW MC, Starwood Amex, new Marriott Visa.
Sep 7, 2012, 8:29 pm
#63
Join Date: Sep 2008
Location: Toronto
Posts: 426
Signed up and was approved over the phone for the RBC Visa Infinite. Got the standard 15k miles, plus the fee waived for the first year.
Thanks to FT, I went from 1 credit card to 4 in less than a year! Travelling 1st and Business is a lot more fun when you use miles instead of cash
Thanks to FT, I went from 1 credit card to 4 in less than a year! Travelling 1st and Business is a lot more fun when you use miles instead of cash
Sep 8, 2012, 9:41 pm
#64
Join Date: Nov 2011
Posts: 6,385
Signed up and was approved over the phone for the RBC Visa Infinite. Got the standard 15k miles, plus the fee waived for the first year.
Thanks to FT, I went from 1 credit card to 4 in less than a year! Travelling 1st and Business is a lot more fun when you use miles instead of cash
Thanks to FT, I went from 1 credit card to 4 in less than a year! Travelling 1st and Business is a lot more fun when you use miles instead of cash
Sep 9, 2012, 9:04 pm
#65
Join Date: Aug 2012
Programs: AC E35K, NEXUS
Posts: 4,368
My bank nudged me to switch to the TD First Class Visa Infinite a few years ago. I was walking around with a green basic Visa because I never thought about it. The annual fee is waived based on chequing balance, and the card has all the bells and whistles. It gives 3 points per $1 charged (more for travel purchases through their travel agent) and seems to cost 200 points per $1 travel redeemed. That's a 1.5% reward ratio if my late night arithmetic is right. I keep accumulating and not spending it, so I have no idea how the redemption goes (rough or smooth). I can't see posts on this card here so hope perhaps someone will pipe up with an experience.
Sep 9, 2012, 11:28 pm
#66
Join Date: Nov 2011
Posts: 6,385
My bank nudged me to switch to the TD First Class Visa Infinite a few years ago. I was walking around with a green basic Visa because I never thought about it. The annual fee is waived based on chequing balance, and the card has all the bells and whistles. It gives 3 points per $1 charged (more for travel purchases through their travel agent) and seems to cost 200 points per $1 travel redeemed. That's a 1.5% reward ratio if my late night arithmetic is right. I keep accumulating and not spending it, so I have no idea how the redemption goes (rough or smooth). I can't see posts on this card here so hope perhaps someone will pipe up with an experience.
Sep 10, 2012, 8:03 pm
#67
Join Date: Sep 2008
Location: Toronto
Posts: 426
Sep 10, 2012, 8:07 pm
#68
Join Date: Sep 2008
Location: Toronto
Posts: 426
My bank nudged me to switch to the TD First Class Visa Infinite a few years ago. I was walking around with a green basic Visa because I never thought about it. The annual fee is waived based on chequing balance, and the card has all the bells and whistles. It gives 3 points per $1 charged (more for travel purchases through their travel agent) and seems to cost 200 points per $1 travel redeemed. That's a 1.5% reward ratio if my late night arithmetic is right. I keep accumulating and not spending it, so I have no idea how the redemption goes (rough or smooth). I can't see posts on this card here so hope perhaps someone will pipe up with an experience.
Sep 10, 2012, 9:35 pm
#69
Join Date: Aug 2012
Programs: AC E35K, NEXUS
Posts: 4,368
Interesting, folks, thanks! To me, I figured that I don't charge anything different than before and now I have potential travel, so I am at least ahead of that. However, FT creates aspirational thinking! Most of my travel is YYZ - USA destinations, and the only FF I have is Aeroplan. Some of the cards are with banks I don't want to deal with, based on bad past experiences, but I will look at the transfer/point conversion thing and who has what. I hadn't got past the "hey, free points" stage before now. :-)
Sep 10, 2012, 9:56 pm
#70
Join Date: Nov 2011
Posts: 6,385
Sep 11, 2012, 10:27 am
#71
Join Date: Sep 2008
Location: Toronto
Posts: 426
I applied last week, but just to update, I cancelled my application today.
Although I was "approved" for $20k over the phone, RBC dragged me back to their branch TWICE to provide more documentation. I have a stellar credit score, high income, and no debt. RBC has made me provide 3 years of tax returns (originals, not copies - they made me go back for those), notice of assessments, asset details, and also made me log on to my TD checking account in front of them to prove that I have the funds that I stated I had (I guess the documents I provided from TD were not to be trusted).
If RBC wants to treat their clients like liars and con artists, then I have no desire doing any business with them. They just called me again 10 minutes ago asking for yet more documents, and I told them to cancel my application and take a hike. Again, I have NO OUTSTANDING DEBT. No line of credit, no mortgage, no car payments, nothing. I have a credit score in the 800's, lots of assets owned by me in my own name, and a high income that I pay all my taxes on. Never missed a payment on anything in my life. To make me jump through hoops like this is rather ridiculous.
Contrast that with AMEX, who approved me right away and I got the card within 48 hours.
So even if RBC called me back and offered a million miles per dollar spent, I would tell them to shove it.
Although I was "approved" for $20k over the phone, RBC dragged me back to their branch TWICE to provide more documentation. I have a stellar credit score, high income, and no debt. RBC has made me provide 3 years of tax returns (originals, not copies - they made me go back for those), notice of assessments, asset details, and also made me log on to my TD checking account in front of them to prove that I have the funds that I stated I had (I guess the documents I provided from TD were not to be trusted).
If RBC wants to treat their clients like liars and con artists, then I have no desire doing any business with them. They just called me again 10 minutes ago asking for yet more documents, and I told them to cancel my application and take a hike. Again, I have NO OUTSTANDING DEBT. No line of credit, no mortgage, no car payments, nothing. I have a credit score in the 800's, lots of assets owned by me in my own name, and a high income that I pay all my taxes on. Never missed a payment on anything in my life. To make me jump through hoops like this is rather ridiculous.
Contrast that with AMEX, who approved me right away and I got the card within 48 hours.
So even if RBC called me back and offered a million miles per dollar spent, I would tell them to shove it.
Sep 11, 2012, 11:02 am
#72
Join Date: Dec 2011
Location: West
Posts: 3,357
I applied last week, but just to update, I cancelled my application today.
Although I was "approved" for $20k over the phone, RBC dragged me back to their branch TWICE to provide more documentation. I have a stellar credit score, high income, and no debt. RBC has made me provide 3 years of tax returns (originals, not copies - they made me go back for those), notice of assessments, asset details, and also made me log on to my TD checking account in front of them to prove that I have the funds that I stated I had (I guess the documents I provided from TD were not to be trusted).
If RBC wants to treat their clients like liars and con artists, then I have no desire doing any business with them. They just called me again 10 minutes ago asking for yet more documents, and I told them to cancel my application and take a hike. Again, I have NO OUTSTANDING DEBT. No line of credit, no mortgage, no car payments, nothing. I have a credit score in the 800's, lots of assets owned by me in my own name, and a high income that I pay all my taxes on. Never missed a payment on anything in my life. To make me jump through hoops like this is rather ridiculous.
Contrast that with AMEX, who approved me right away and I got the card within 48 hours.
So even if RBC called me back and offered a million miles per dollar spent, I would tell them to shove it.
Although I was "approved" for $20k over the phone, RBC dragged me back to their branch TWICE to provide more documentation. I have a stellar credit score, high income, and no debt. RBC has made me provide 3 years of tax returns (originals, not copies - they made me go back for those), notice of assessments, asset details, and also made me log on to my TD checking account in front of them to prove that I have the funds that I stated I had (I guess the documents I provided from TD were not to be trusted).
If RBC wants to treat their clients like liars and con artists, then I have no desire doing any business with them. They just called me again 10 minutes ago asking for yet more documents, and I told them to cancel my application and take a hike. Again, I have NO OUTSTANDING DEBT. No line of credit, no mortgage, no car payments, nothing. I have a credit score in the 800's, lots of assets owned by me in my own name, and a high income that I pay all my taxes on. Never missed a payment on anything in my life. To make me jump through hoops like this is rather ridiculous.
Contrast that with AMEX, who approved me right away and I got the card within 48 hours.
So even if RBC called me back and offered a million miles per dollar spent, I would tell them to shove it.
Sep 11, 2012, 11:19 am
#74
Join Date: Nov 2011
Posts: 6,385
I applied last week, but just to update, I cancelled my application today.
Although I was "approved" for $20k over the phone, RBC dragged me back to their branch TWICE to provide more documentation. I have a stellar credit score, high income, and no debt. RBC has made me provide 3 years of tax returns (originals, not copies - they made me go back for those), notice of assessments, asset details, and also made me log on to my TD checking account in front of them to prove that I have the funds that I stated I had (I guess the documents I provided from TD were not to be trusted).
If RBC wants to treat their clients like liars and con artists, then I have no desire doing any business with them. They just called me again 10 minutes ago asking for yet more documents, and I told them to cancel my application and take a hike. Again, I have NO OUTSTANDING DEBT. No line of credit, no mortgage, no car payments, nothing. I have a credit score in the 800's, lots of assets owned by me in my own name, and a high income that I pay all my taxes on. Never missed a payment on anything in my life. To make me jump through hoops like this is rather ridiculous.
Contrast that with AMEX, who approved me right away and I got the card within 48 hours.
So even if RBC called me back and offered a million miles per dollar spent, I would tell them to shove it.
Although I was "approved" for $20k over the phone, RBC dragged me back to their branch TWICE to provide more documentation. I have a stellar credit score, high income, and no debt. RBC has made me provide 3 years of tax returns (originals, not copies - they made me go back for those), notice of assessments, asset details, and also made me log on to my TD checking account in front of them to prove that I have the funds that I stated I had (I guess the documents I provided from TD were not to be trusted).
If RBC wants to treat their clients like liars and con artists, then I have no desire doing any business with them. They just called me again 10 minutes ago asking for yet more documents, and I told them to cancel my application and take a hike. Again, I have NO OUTSTANDING DEBT. No line of credit, no mortgage, no car payments, nothing. I have a credit score in the 800's, lots of assets owned by me in my own name, and a high income that I pay all my taxes on. Never missed a payment on anything in my life. To make me jump through hoops like this is rather ridiculous.
Contrast that with AMEX, who approved me right away and I got the card within 48 hours.
So even if RBC called me back and offered a million miles per dollar spent, I would tell them to shove it.
My friend applied for the 50k Avios bonus, and then tried to apply for another Infinite/Platinum Avion.
They're apparently really stringent on the cards.
Same process as you needed.
+1 Shove it.
Sep 11, 2012, 12:23 pm
#75
Join Date: Dec 2009
Location: NB, Canada
Programs: Fairmont, Amex MR, Marriott
Posts: 2,531
I have not checked, but I would assume they did the credit check. No employer call, no request for documents, nothing.
They did get me to pick the card up at the branch (needed ID) which seemed strange, but I think it was just a chance to do a sales pitch.