May 13, 2013, 10:15 pm
Last edit by: jerry305
CANADIAN REFERENCE ON FLYERTALK Canadian Credit Card Master List - Curated for Best Offer A complete listing of all the major credit cards in Canada along with their sign-up bonus, annual fee, CPM, and other pertinent information.
AMEX recent discussion American Express Canada application and reward strategies (2018) • Which credit card should I get? • Cards with good bonuses • List of Credit Cards with Great Welcome bonuses (RFD version)
BLOGS Canadian Kilometers • PointsNerd • Rewards Canada • Don't Call the Airline! • Pointshogger • Canadian Travel Hacking
CONFERENCE • PointsU conference (2018 & 2019 website)
MilesBuzz: Canada
Feb 9, 2018, 10:20 am
#4517
Original Poster
Join Date: Sep 2010
Location: Canadia
Programs: A loyal Amerisuites customer... oh wait
Posts: 2,033
Brim Financial cashback MasterCard
4% cashback on PAP (pre-approved payments)
Some folks at RFD are getting excited about Brim Financial's cashback MasterCard.
https://brimfinancial.com
The World Elite card features:
2% cashback
4% cashback on PAP (pre-approved payments)... it's written as 2% cash back with a 2X multiplier
$120 annual fee
Reward earning, for some reason, caps out at $25,000 - $30,000 of spend per year.
Example:
Say you've got $1,000 in pre-approved payments per month / $12,000 per year
• On a card where you earn 2%, value of points is $240 per year.
• On the Brim Financial World Elite card, you earn 4%, so $480 per year. Annual fee is $120 per year. Net $360 per year. So at that level of spend, you're netting 3%.
(Brim also has a $0 fee card, that pays 1% cashback, or 2% on PAP (pre-approved payments).)
I'd say the World Elite card makes a lot of sense only if you (or your company) makes between $800 to $2,500 per month of pre-approved payments, and then it makes a lot of sense.
Last edited by jerry305; Feb 9, 2018 at 10:28 am
Feb 9, 2018, 6:06 pm
#4518
Join Date: Sep 2012
Location: YVR
Posts: 1,847
Originally Posted by jerry305
Some folks at RFD are getting excited about Brim Financial's cashback MasterCard.
[url
Some folks at RFD are getting excited about Brim Financial's cashback MasterCard.
[url
https://brimfinancial.com[/url]
The World Elite card features:
2% cashback
4% cashback on PAP (pre-approved payments)... it's written as 2% cash back with a 2X multiplier
$120 annual fee
Reward earning, for some reason, caps out at $25,000 - $30,000 of spend per year.
Example:
Say you've got $1,000 in pre-approved payments per month / $12,000 per year
• On a card where you earn 2%, value of points is $240 per year.
• On the Brim Financial World Elite card, you earn 4%, so $480 per year. Annual fee is $120 per year. Net $360 per year. So at that level of spend, you're netting 3%.
(Brim also has a $0 fee card, that pays 1% cashback, or 2% on PAP (pre-approved payments).)
I'd say the World Elite card makes a lot of sense only if you (or your company) makes between $800 to $2,500 per month of pre-approved payments, and then it makes a lot of sense.
The World Elite card features:
2% cashback
4% cashback on PAP (pre-approved payments)... it's written as 2% cash back with a 2X multiplier
$120 annual fee
Reward earning, for some reason, caps out at $25,000 - $30,000 of spend per year.
Example:
Say you've got $1,000 in pre-approved payments per month / $12,000 per year
• On a card where you earn 2%, value of points is $240 per year.
• On the Brim Financial World Elite card, you earn 4%, so $480 per year. Annual fee is $120 per year. Net $360 per year. So at that level of spend, you're netting 3%.
(Brim also has a $0 fee card, that pays 1% cashback, or 2% on PAP (pre-approved payments).)
I'd say the World Elite card makes a lot of sense only if you (or your company) makes between $800 to $2,500 per month of pre-approved payments, and then it makes a lot of sense.
Sigh....we need more travel cards..........
Feb 9, 2018, 9:17 pm
#4519
A FlyerTalk Posting Legend
Join Date: Apr 2004
Location: GVA (Greater Vancouver Area)
Programs: DREAD Gold; UA 1.035MM; Bonvoy Au-197; PCC Elite+; CCC Elite+; MSC C-12; CWC Au-197; WoH Dis
Posts: 52,134
Feb 11, 2018, 11:21 am
#4520
Original Poster
Join Date: Sep 2010
Location: Canadia
Programs: A loyal Amerisuites customer... oh wait
Posts: 2,033
I know three people with RBC Rewards cards.
One hasn't been able to make use of her points.
One uses his points to buy gift cards. (Ouch.)
And myself, I signed up for the card just to get the signup bonus, and I haven't found a great redemption for the points, and I'll need to do that before the annual fee comes up.
So I think there are a lot of people not making great use of their RBC Rewards points.
This offer might be good for those folks who should just extract some value from their RBC points and be done with it.
https://www.rbcrewards.com/#!/domore
"Special limited time offer – convert your RBC Rewards points between February 1 and February 28, 2018 and receive 15% more in bonus WestJet dollars.†
Promotional bonus WestJet dollars expire one year from date of issue.
All eligible RBC Royal Bank® cardholders and other clients that earn RBC Rewards®points have the option of converting their points** into WestJet dollars‡ which can be applied like cash towards WestJet marketed and operated flights and WestJet Vacations‡ packages, at any time, for travel to any of WestJet's destinations in North America, Mexico, Hawaii and the Caribbean - even during seat sales!
One hasn't been able to make use of her points.
One uses his points to buy gift cards. (Ouch.)
And myself, I signed up for the card just to get the signup bonus, and I haven't found a great redemption for the points, and I'll need to do that before the annual fee comes up.
So I think there are a lot of people not making great use of their RBC Rewards points.
This offer might be good for those folks who should just extract some value from their RBC points and be done with it.
https://www.rbcrewards.com/#!/domore
"Special limited time offer – convert your RBC Rewards points between February 1 and February 28, 2018 and receive 15% more in bonus WestJet dollars.†
Promotional bonus WestJet dollars expire one year from date of issue.
All eligible RBC Royal Bank® cardholders and other clients that earn RBC Rewards®points have the option of converting their points** into WestJet dollars‡ which can be applied like cash towards WestJet marketed and operated flights and WestJet Vacations‡ packages, at any time, for travel to any of WestJet's destinations in North America, Mexico, Hawaii and the Caribbean - even during seat sales!
Feb 15, 2018, 1:36 pm
#4521
Join Date: Feb 2013
Location: YQM
Posts: 341
Brim Financial cashback MasterCard
4% cashback on PAP (pre-approved payments)
Some folks at RFD are getting excited about Brim Financial's cashback MasterCard.
https://brimfinancial.com
The World Elite card features:
2% cashback
4% cashback on PAP (pre-approved payments)... it's written as 2% cash back with a 2X multiplier
$120 annual fee
Reward earning, for some reason, caps out at $25,000 - $30,000 of spend per year.
Example:
Say you've got $1,000 in pre-approved payments per month / $12,000 per year
• On a card where you earn 2%, value of points is $240 per year.
• On the Brim Financial World Elite card, you earn 4%, so $480 per year. Annual fee is $120 per year. Net $360 per year. So at that level of spend, you're netting 3%.
(Brim also has a $0 fee card, that pays 1% cashback, or 2% on PAP (pre-approved payments).)
I'd say the World Elite card makes a lot of sense only if you (or your company) makes between $800 to $2,500 per month of pre-approved payments, and then it makes a lot of sense.
4% cashback on PAP (pre-approved payments)
Some folks at RFD are getting excited about Brim Financial's cashback MasterCard.
https://brimfinancial.com
The World Elite card features:
2% cashback
4% cashback on PAP (pre-approved payments)... it's written as 2% cash back with a 2X multiplier
$120 annual fee
Reward earning, for some reason, caps out at $25,000 - $30,000 of spend per year.
Example:
Say you've got $1,000 in pre-approved payments per month / $12,000 per year
• On a card where you earn 2%, value of points is $240 per year.
• On the Brim Financial World Elite card, you earn 4%, so $480 per year. Annual fee is $120 per year. Net $360 per year. So at that level of spend, you're netting 3%.
(Brim also has a $0 fee card, that pays 1% cashback, or 2% on PAP (pre-approved payments).)
I'd say the World Elite card makes a lot of sense only if you (or your company) makes between $800 to $2,500 per month of pre-approved payments, and then it makes a lot of sense.
Feb 15, 2018, 3:18 pm
#4522
Join Date: Nov 2014
Location: Somewhere
Posts: 1,178
Feb 15, 2018, 5:18 pm
#4523
Join Date: May 2013
Location: west coast best coast
Programs: TINDER GOLD, STARBUCKS GOLD, COSTCO EXECUTIVE!!
Posts: 3,989
I know three people with RBC Rewards cards.
One hasn't been able to make use of her points.
One uses his points to buy gift cards. (Ouch.)
And myself, I signed up for the card just to get the signup bonus, and I haven't found a great redemption for the points, and I'll need to do that before the annual fee comes up.
So I think there are a lot of people not making great use of their RBC Rewards points.
This offer might be good for those folks who should just extract some value from their RBC points and be done with it.
https://www.rbcrewards.com/#!/domore
"Special limited time offer – convert your RBC Rewards points between February 1 and February 28, 2018 and receive 15% more in bonus WestJet dollars.†
Promotional bonus WestJet dollars expire one year from date of issue.
All eligible RBC Royal Bank® cardholders and other clients that earn RBC Rewards®points have the option of converting their points** into WestJet dollars‡ which can be applied like cash towards WestJet marketed and operated flights and WestJet Vacations‡ packages, at any time, for travel to any of WestJet's destinations in North America, Mexico, Hawaii and the Caribbean - even during seat sales!
One hasn't been able to make use of her points.
One uses his points to buy gift cards. (Ouch.)
And myself, I signed up for the card just to get the signup bonus, and I haven't found a great redemption for the points, and I'll need to do that before the annual fee comes up.
So I think there are a lot of people not making great use of their RBC Rewards points.
This offer might be good for those folks who should just extract some value from their RBC points and be done with it.
https://www.rbcrewards.com/#!/domore
"Special limited time offer – convert your RBC Rewards points between February 1 and February 28, 2018 and receive 15% more in bonus WestJet dollars.†
Promotional bonus WestJet dollars expire one year from date of issue.
All eligible RBC Royal Bank® cardholders and other clients that earn RBC Rewards®points have the option of converting their points** into WestJet dollars‡ which can be applied like cash towards WestJet marketed and operated flights and WestJet Vacations‡ packages, at any time, for travel to any of WestJet's destinations in North America, Mexico, Hawaii and the Caribbean - even during seat sales!
Last edited by MileageAddict; Feb 16, 2018 at 11:45 am Reason: removed inflammatory comment
Feb 15, 2018, 5:35 pm
#4524
A FlyerTalk Posting Legend
Join Date: Apr 2004
Location: GVA (Greater Vancouver Area)
Programs: DREAD Gold; UA 1.035MM; Bonvoy Au-197; PCC Elite+; CCC Elite+; MSC C-12; CWC Au-197; WoH Dis
Posts: 52,134
Feb 15, 2018, 5:58 pm
#4525
Join Date: Oct 2010
Location: YVR - Vancouver, with most winter weekends in Whistler.
Programs: Aeroplan 35K, Alaska MVP, Marriott Titanium / Lifetime Platinum, Hertz President's Circle
Posts: 4,609
Mine went to AAdvantage pre-devaluation and Avios post devaluation. I consider them to be secondary accounts
Feb 15, 2018, 8:00 pm
#4526
Join Date: May 2013
Location: west coast best coast
Programs: TINDER GOLD, STARBUCKS GOLD, COSTCO EXECUTIVE!!
Posts: 3,989
Feb 15, 2018, 8:05 pm
#4527
Join Date: May 2013
Location: west coast best coast
Programs: TINDER GOLD, STARBUCKS GOLD, COSTCO EXECUTIVE!!
Posts: 3,989
Brim Financial cashback MasterCard
4% cashback on PAP (pre-approved payments)
Some folks at RFD are getting excited about Brim Financial's cashback MasterCard.
https://brimfinancial.com
The World Elite card features:
2% cashback
4% cashback on PAP (pre-approved payments)... it's written as 2% cash back with a 2X multiplier
$120 annual fee
Reward earning, for some reason, caps out at $25,000 - $30,000 of spend per year.
Example:
Say you've got $1,000 in pre-approved payments per month / $12,000 per year
• On a card where you earn 2%, value of points is $240 per year.
• On the Brim Financial World Elite card, you earn 4%, so $480 per year. Annual fee is $120 per year. Net $360 per year. So at that level of spend, you're netting 3%.
(Brim also has a $0 fee card, that pays 1% cashback, or 2% on PAP (pre-approved payments).)
I'd say the World Elite card makes a lot of sense only if you (or your company) makes between $800 to $2,500 per month of pre-approved payments, and then it makes a lot of sense.
I need a Chase card replacement and it's gonna be either this or Rogers Bank. Rogers Bank seems a bit more established. Brim's website has a lot of things "coming soon" and feels a bit fly by night for a financial lender..
Feb 16, 2018, 8:04 am
#4528
Join Date: Mar 2008
Location: Toronto, Canada
Programs: Aeroplan, Bonvoy, Alaska, Avios
Posts: 1,290
PAP's? Who has a lot of those that are credit cardable. IE utilities. I guess you could pay monthly on car insurance but it's cheaper to do a single payment anyway.
My worry is the 2% Capone and MBNA are dead cards walking. THAT WOULD HURT!!!!!!!!!!!!
My worry is the 2% Capone and MBNA are dead cards walking. THAT WOULD HURT!!!!!!!!!!!!
Feb 16, 2018, 9:31 am
#4529
Join Date: Sep 2012
Location: YVR
Posts: 1,847
It's not looking good for my CapOne 2% Aspire Travel, and the MBNA Alaska seems to be hanging on by a thread, too. The only non-Amex cards I have that seem to have any value anymore are my RBC WestJet and Avion cards...
Feb 16, 2018, 1:36 pm
#4530
Join Date: Oct 2013
Posts: 353
like all the good cardsLast edited by emilio911; Feb 16, 2018 at 3:48 pm Reason: I was wrong, it's available in Quebec :D