- Charge Cards:
You have many charge cards options in Canada, all designed to attract your business by offering competitive incentives and bonuses. Cash back programs and domestic rewards are among the most popular kinds of incentives, for obvious reasons. Getting cash rebates and discounts on things you already use is always a favorable reward for most people. The second most popular kind of incentive is probably air miles and travel rewards. If you like to travel, or need to for work, these can save you a lot of money every year just for using them towards every day purchases. Pay your balance off every month and it’s like getting free plane tickets. The third most common kinds of incentives have to do with rates. Some cards offer introductory rates as low as 0%. If you couple that with equally low balance transfer rates and you could easily improve your credit standing in only a matter of months by paying them down quicker.