Where do you spend the money?
Scotia's Gold Amex is good if you shop mostly at Amex-accepting supermarkets and gas stations. It has a $15k income req. I think. MBNA SmartCash is an ok alternative.
Chase Amazon for overseas shopping.
Amex SimplyCash for misc (1.25% flat).
*Edit* see aig link for GCR - they have some cash sweeteners for some cards.
Thanks, I'll check out the AIG and Amex cards, although i don't think Amex is accepted as widely as Visa or Mastercard, correct? I order hardly anything off Amazon, maybe $150 total, ever.
Here is a breakdown of what i normally use my visa for monthly on average for 2 adults and 1 child
$200 BC Medical + anything else medical/dental/optical
$600 groceries and household
$50 eating and coffee out
$300 car insurance, fuel, repairs and maintenance
$120 2 phones (one gets company subsidy, one does not)
$100 Misc company expenses (refunded)
$150 other/everything else
I second the Scotiabank Momentum Infinite Visa.
The 4% cash back on groceries/gas, 2% on bills is great. There is no catch to getting your money, it is just credited to your account at the end of November, great for Christmas purchases.
The 4% doesn't work at Walmart as it is based on the merchant code. So if you buy your groceries at Walmart, you will only get 1% back. This is a positive for my family as we dislike Walmart and the 3% bonus coupled with price matching and PC Plus points make Loblaws our grocery/gas preferred choice.
The min. annual income is usually a suggestion in my experience.
Wow, that's insane value from the Scotia Momentum Infinite card, if i'm calculating it right, it looks like i could get at least $300 a year back even after paying a $90-$100 annual fee. And i also do most of my shopping and refuelling at Superstore and hardly ever go in Walmart as well. I will look into getting past the requirements for that one, thanks!