Credit Card Articles

Canadian Credit Cards Offer a Variety of Benefits

22 August 2010 by CreditCardsCo™

Scotia Bank Rewards Visa

Low Rate Guaranteed Secured MasterCard

You don't have to have bad credit to take advantage of the benefits offered by a secured credit card. Maybe you do not like the hassle of staying ahead of interest rates. Maybe you are not fond of fees, especially the hidden ones that are easy to slip in because you are too concerned with avoiding other fees. Maybe you do indeed have bad credit or no credit at all, and want a simplified, low-rate card that can help you establish or reestablish your credit. Prepaid cards can help you by acting like a debit card, giving you access to money that you have deposited in an account. However, if you really want the same benefits of a credit card without all the hassle, you should look into this Low-Rate Guaranteed Secured MasterCard.

The way the Low-Rate Guaranteed Secured MasterCard works, is that you fill out your application like any other card, but you are also required to make a security deposit on the account. This is not money that you get to spend. It is the insurance that you need to let the credit card company know that you will not default on your account. After you do this, you will get approved for a credit limit, which is often higher than the security deposit that you made. When you do this, you get to take advantage of all the features of a typical credit card, like roadside assistance, global concierge service, and the one-touch efficiency feature known as MasterCard PayPass, as well as 24/7 customer service and the ability to use your card all over the world.

BMO Gold Air Miles Card From MasterCard

Sometimes, you need credit to live your life. For instance, if you travel across the country to handle sales or customer accounts, you will likely use a credit card to pay for your expenses. This makes it easier to track your write-offs for tax purposes. However, it also helps you to know how much you spend on these things and how you can take advantage of bonus rewards programs that payout on travel accommodations. With the BMO Gold Air Miles Card, you get 150 bonus miles on your first purchase, and then about 6 or 7% miles on every dollar spent. You will also find a convenient discount on your Air Miles usage.

That is not all though, of course. Travel accommodations are more than flight arrangements. Accordingly, you will get double miles at Shell stations across the country, so if you prefer to road trip instead of fly, you can still take advantage of the benefits. If you don't want to take your own vehicle, you will also get double rewards on National and Alamo rental cars. This card also includes BMO Travel Protection which gives you additional insurance when you make travel arrangements using your card. This includes a Collision Damage Waiver, just in case you get into an accident.

MBNA Gold Fixed Rate MasterCard

Trying to find a credit with a fixed rate is not an easy task. Trying to find one that also has a low rate is near impossible. That's why when you find one you should try to take advantage of it. Even if you don't necessarily need a new credit card, you might want to apply for it and use it on your new standard purchases and find another card that offers a decent rate on balance transfers. This combination will quickly help you reduce your credit liability and you need to act fast because there is no way of knowing how long you will be able to get something like this, or if you will ever find the offer again.

The MBNA Gold MasterCard offers the same low, fixed rate on both standard purchases and cash advances. Keep in mind that this card does not allow balance transfers, however it is the perfect alternative to your other high interest cards. Another attractive feature is that fact there is no annual fee, but you still get all the great benefits of a MasterCard. For instance, 24-concierge service is included, along with a fully-integrated web site. Also included are purchase assurance and warranty extension.

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