Just like
with ordinary credit cards, miles are awarded based on purchases of groceries, gas, and everything else you can charge to your card.
Compared to paying out annual interest approaching 20 % (in the case
of ordinary credit cards) and much more than that for payday loans, would it not make sense to liquidate some of your RRSP to discharge those high - interest obligations, or at least cut them down to a manageable size?
Find out the inner workings of credit card miles — everything from how to earn and use them, to how they differ
from ordinary credit card... Read More
It is worthwhile to pair anyone of these cards with a good cash back or rewards credit card and use it at any point where the rewards rate on it will surpass that of
an ordinary credit card (namely on personal Triple Point days or bonus point events).
It is worthwhile to pair anyone of these cards with a good cash back or rewards credit card and use it at any point where the rewards rate on it will surpass that of
an ordinary credit card (namely on personal Triple Point days or bonus point events).
Your Visa check card will work like
a ordinary credit card and your credit line will be the amount you have available in your checking account.
However, the two are still quite high relative to
ordinary credit cards, making this distinction irrelevant.
Though the Horizon Gold Card doesn't charge any interest, your monthly minimum payments are significantly higher than what they would be on
an ordinary credit card.
With
an ordinary credit card, you usually being paying interest on purchases after 25 days.
Prepaid credit cards serve as a good low - cost alternative to banks and
ordinary credit cards.