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Best Credit Card Points Program (pg. 7)
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| geroin |
| quote: | Originally posted by Jem_hadar
Love that feature where all warranties on items you purchase with the credit card are extended by a year. Fantastic feature. |
there are exclusion and limitations on that..
Exclusions
Property Excluded
The Insurer will not pay for any expenses incurred directly or indirectly relating to:
1. Living plants, animals, fish and birds.
2. Money, travellers cheques, bullion, stamps, tickets and tokens, evidence of title or any other negotiable item.
3. Jewelry, gems, watches and furs or garments trimmed with fur, if contained in baggage, unless such baggage is hand carried at all times by you or your travelling companion.
4. Automobiles, watercraft, amphibious or air cushion vehicles, aircraft, spacecraft, trailers or outboard motors and other accessories attached to or mounted on such property or any motorized vehicles except motorized lawnmowers, other gardening equipment, snow-blowers or motorized wheelchairs for handicapped persons.
5. Property illegally acquired, kept, stored or transported, or property seized or confiscated for breach of any law or by order of any public authority.
6. Any and all business property and equipment intended for commercial use.
Perils Excluded
The Insurer will not pay for any expenses incurred directly or indirectly as a result of:
1. Mysterious disappearance, or fraudulent acts of you or your family members.
2. After an item is received in good order, any wear and tear, gradual deterioration, latent defect or inherent vice, marring or scratching of any fragile or brittle article.
3. Any act of God such as flood or earthquake.
4. Act of foreign enemies or rebellion, voluntarily and knowingly exposing yourself to risk from an act of war (declared or not) or voluntarily participating in a riot or civil disorder.
5. Loss or damage resulting from intentional or criminal acts committed or attempted to be committed by you or your family members.
6. Loss or damage caused by birds, vermin, rodents or insects.
7. Loss or damage to sports equipment and goods where the loss or damage is due to the use thereof.
8. Setting, expansion, contraction, bulging, buckling or cracking, dampness or dryness of atmosphere, changes of temperature, freezing, heating, evaporation, loss of weight, leakage of contents, exposure to light, contamination, change in color or texture or finish, rust or corrosion.
9. Delay, loss of use, or consequential damages.
10. Loss or damage to electrical appliances or devices of any kind (including wiring) when loss or damage is due to electrical currents artificially generated, including arcing, unless fire or explosion ensues and then only for such loss and damage.
11. Loss or damage while undergoing any installation process or while being worked on, where damage results from such installation process or work. |
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| geroin |
| quote: | Originally posted by Jem_hadar
24.99% = FAIL. |
not only that but their low rate interest offer is very fishy as well, they charge a 1% fee on balance transfers whereas rbc (and some others) do not.
so if you transfer for example $6000 to their account as a balance transfer it will cost you extra 60 bucks fee. |
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| Jem_hadar |
| quote: | Originally posted by geroin
there are exclusion and limitations on that..
Exclusions
Property Excluded
The Insurer will not pay for any expenses incurred directly or indirectly relating to:
1. Living plants, animals, fish and birds.
2. Money, travellers cheques, bullion, stamps, tickets and tokens, evidence of title or any other negotiable item.
3. Jewelry, gems, watches and furs or garments trimmed with fur, if contained in baggage, unless such baggage is hand carried at all times by you or your travelling companion.
4. Automobiles, watercraft, amphibious or air cushion vehicles, aircraft, spacecraft, trailers or outboard motors and other accessories attached to or mounted on such property or any motorized vehicles except motorized lawnmowers, other gardening equipment, snow-blowers or motorized wheelchairs for handicapped persons.
5. Property illegally acquired, kept, stored or transported, or property seized or confiscated for breach of any law or by order of any public authority.
6. Any and all business property and equipment intended for commercial use.
Perils Excluded
The Insurer will not pay for any expenses incurred directly or indirectly as a result of:
1. Mysterious disappearance, or fraudulent acts of you or your family members.
2. After an item is received in good order, any wear and tear, gradual deterioration, latent defect or inherent vice, marring or scratching of any fragile or brittle article.
3. Any act of God such as flood or earthquake.
4. Act of foreign enemies or rebellion, voluntarily and knowingly exposing yourself to risk from an act of war (declared or not) or voluntarily participating in a riot or civil disorder.
5. Loss or damage resulting from intentional or criminal acts committed or attempted to be committed by you or your family members.
6. Loss or damage caused by birds, vermin, rodents or insects.
7. Loss or damage to sports equipment and goods where the loss or damage is due to the use thereof.
8. Setting, expansion, contraction, bulging, buckling or cracking, dampness or dryness of atmosphere, changes of temperature, freezing, heating, evaporation, loss of weight, leakage of contents, exposure to light, contamination, change in color or texture or finish, rust or corrosion.
9. Delay, loss of use, or consequential damages.
10. Loss or damage to electrical appliances or devices of any kind (including wiring) when loss or damage is due to electrical currents artificially generated, including arcing, unless fire or explosion ensues and then only for such loss and damage.
11. Loss or damage while undergoing any installation process or while being worked on, where damage results from such installation process or work. |
OK true. Though I only use it for large(r) elecontric purchases usually, so I'm covered.
Like a new TV, iPod, stereo, computer, monitor, etc. |
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| Abercrombie |
| I use my Airmiles Amex and double-dip with my Airmiles card whenever I can. The points I get fly me to Las Vegas every 2 years for free. |
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| Jem_hadar |
| quote: | Originally posted by Abercrombie
I use my Airmiles Amex and double-dip with my Airmiles card whenever I can. The points I get fly me to Las Vegas every 2 years for free. |
Right on, thats great.
I should how quickly I accumulate airmiles wiht my bmo airmiles card. Cash in those babies everyone couple or several years to fly to north carolina :D |
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| DJ Mach X |
Shell CashBack MasterCard from BMO
2.5˘ CashBack on every dollar you spend at Shell for the first 3 months1
1.5˘ CashBack on every dollar you spend at Shell after the first 3 months1
0.5˘ on every dollar you spend on purchases everywhere else2
No annual fee
I use this for all gas purchases, over $30 gives me like 5X the airmiles and they always send me coupons that get you 10 or 15X for >30$ fills.
Last year was the first full year of using it and I got like $130 back in cashback plus the airmiles points, which I don't even know how many I have lol...
My other one is...
Low Rate Guaranteed Secured MasterCard®
Guaranteed low rate of 14.9%
Save money when you transfer high-interest rate balances
Build or strengthen your credit history
Annual Interest Rates
Purchase 14.9%
Balance Transfer 14.9%
Cash Advance 19.8%
I did have bad credit and used both of these, the capital one first to start building credit. Now with my BMO Shell card, use that one as my primary card, and a lower limit Capital One as my "internet" credit card, the one I use for internet purchases and ebay etc...
I was thinking of putting them together and maybe getting one good CC and going with that.
I am with BMO for my bank, but will never change there, so I'm not changing banks.
I do ride a bit of balance sometimes, but always make big payments well over the minimum each month. I use my cards as my primary card, over cash or debit most times.
Any suggestions? |
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| Special K |
| thanks for the help + info everyone!!! |
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| Mach X |
OK, this MAY sound stupid.
Myself and my bro are going to Europe for 3 weeks this Summer.
And we're thinking that since we're just going to spend as need be, and split it down the middle afterwards ie. tickets, lodging, spending, eating etc... and we're both waiting on a lump sum of money (about $2k each) that we'll get in September.
So the idea is to get a credit card strictly for the trip, including everything that is associated or related to the trip.
We'll cosign it together, and get two cards, but same account. This way if it get's lost, we have another one, and we can leave our normal day to day cards that are associated to our bank accounts etc at home.
So, what card is:
1) Easy to get with decent credit limit
2) Good rewards to earn since there will substantial use and balance
3) Good customer service in case of issues overseas
4) Something good for traveling in general ie. insurance, travel insurance, fraud protection etc...
We both have decent credit, so #1 is not that big of an issue, but simple is better.
Thanks!
| quote: | Originally posted by Abercrombie
I use my Airmiles Amex and double-dip with my Airmiles card whenever I can. The points I get fly me to Las Vegas every 2 years for free. |
LOL @ "double dip" :haha: |
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| *~LiSa-LoO~* |
| quote: | Originally posted by Mach X
OK, this MAY sound stupid.
Myself and my bro are going to Europe for 3 weeks this Summer.
And we're thinking that since we're just going to spend as need be, and split it down the middle afterwards ie. tickets, lodging, spending, eating etc... and we're both waiting on a lump sum of money (about $2k each) that we'll get in September.
So the idea is to get a credit card strictly for the trip, including everything that is associated or related to the trip.
We'll cosign it together, and get two cards, but same account. This way if it get's lost, we have another one, and we can leave our normal day to day cards that are associated to our bank accounts etc at home.
So, what card is:
1) Easy to get with decent credit limit
2) Good rewards to earn since there will substantial use and balance
3) Good customer service in case of issues overseas
4) Something good for traveling in general ie. insurance, travel insurance, fraud protection etc...
We both have decent credit, so #1 is not that big of an issue, but simple is better.
Thanks!
LOL @ "double dip" :haha: |
TD Gold Elite or TD First Class Travel
TD also has other Travel cards as well, which you can see from that link. |
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| KStuff |
| quote: | Originally posted by Mach X
OK, this MAY sound stupid.
Myself and my bro are going to Europe for 3 weeks this Summer.
And we're thinking that since we're just going to spend as need be, and split it down the middle afterwards ie. tickets, lodging, spending, eating etc... and we're both waiting on a lump sum of money (about $2k each) that we'll get in September.
So the idea is to get a credit card strictly for the trip, including everything that is associated or related to the trip.
We'll cosign it together, and get two cards, but same account. This way if it get's lost, we have another one, and we can leave our normal day to day cards that are associated to our bank accounts etc at home.
So, what card is:
1) Easy to get with decent credit limit
2) Good rewards to earn since there will substantial use and balance
3) Good customer service in case of issues overseas
4) Something good for traveling in general ie. insurance, travel insurance, fraud protection etc...
We both have decent credit, so #1 is not that big of an issue, but simple is better.
Thanks!
LOL @ "double dip" :haha: |
One thing you want to look at is exchange rates, and how they are calculated when comparing cards.
Another recommendation is looking up your ATM card charge fees. Cash is still king. 3 years ago, TD charged me $5.00 each time I used an ATM, PC Financial charged $2.50. That's on top of their markup of the exchange rate. I think now my Select Service doesn't charge anything. How exchange rates are calculated are worth looking into here also. |
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| geroin |
| quote: | Originally posted by KStuff
One thing you want to look at is exchange rates, and how they are calculated when comparing cards.
Another recommendation is looking up your ATM card charge fees. Cash is still king. 3 years ago, TD charged me $5.00 each time I used an ATM, PC Financial charged $2.50. That's on top of their markup of the exchange rate. I think now my Select Service doesn't charge anything. How exchange rates are calculated are worth looking into here also. |
exchange rates are pretty much the same throughout all credit cards + aditional 2.5% when converting different currencies to canadian..
i would not recommend using cash withdrawal option on your credit card as the atm fees are quite high for that + Exchange rate and the conversion fee. If you need cash best would be to exchange money there or here in advance.
daily rates for rbc: http://www.rbcroyalbank.com/rates/cashrates.html
i used to work at rbc so don't really know other credit cards but i know most are very similar to each other in terms of benefits..
best one for travel insurance and points for rbc is gold or platinum preferred but it has a yearly fee of 110. if you were to share an account it would be 110 for primary and 40 for a coapplicant.
these are the insurances you would get:
Out of Province/Country Emergency Medical Insurance (2)
Trip Cancellation/Trip Interruption Insurance (2)
Auto Rental Collision/Loss Damage Insurance (1)
Travel Accident Insurance(4)
Emergency Purchases Insurance (3)
Purchase Security & Extended Warranty Insurance (3)
Hotel/Motel Burglary Insurance (3)
Flight Delay Insurance (2)
http://www.rbcroyalbank.com/cards/t...-preferred.html
btw there is also a trick that you may not know, if you were to pay the $150 total fee get all your protection then return from the trip and change your card to a free type of credit card you would get m ost of the fee you didn't use back (example paid 110 decided to switch card 2months later 90 is refunded back). |
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| Mach X |
| quote: | Originally posted by geroin
exchange rates are pretty much the same throughout all credit cards + aditional 2.5% when converting different currencies to canadian..
i would not recommend using cash withdrawal option on your credit card as the atm fees are quite high for that + Exchange rate and the conversion fee. If you need cash best would be to exchange money there or here in advance.
daily rates for rbc: http://www.rbcroyalbank.com/rates/cashrates.html
i used to work at rbc so don't really know other credit cards but i know most are very similar to each other in terms of benefits..
best one for travel insurance and points for rbc is gold or platinum preferred but it has a yearly fee of 110. if you were to share an account it would be 110 for primary and 40 for a coapplicant.
these are the insurances you would get:
Out of Province/Country Emergency Medical Insurance (2)
Trip Cancellation/Trip Interruption Insurance (2)
Auto Rental Collision/Loss Damage Insurance (1)
Travel Accident Insurance(4)
Emergency Purchases Insurance (3)
Purchase Security & Extended Warranty Insurance (3)
Hotel/Motel Burglary Insurance (3)
Flight Delay Insurance (2)
http://www.rbcroyalbank.com/cards/t...-preferred.html |
Thanks alot for that, it seems that you're all leaning towards the bank cards, perhaps I should check out BMO (My bank) to see what they offer as well.
Everything is Euro or GBP, so I don't see the exchange ing me much. Trying to avoid cash at all possible lol, nice to have a detailed record of all spending. |
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