A while ago I wrote how I used to have a Visa Aerogold credit card which might just be the worst Canadian rewards credit card ever. I finally made the switch to a no-fee rewards card called the CIBC Dividend Visa which is ok – but it’s not as good as the MNBA Premier Rewards Platinum Plus Mastercard.
1% cash back reward
The main thing I like about this card is the fact that it pays 1% cash back on all purchases from the first dollar. The Dividend card that I currently own has a sliding scale so I only earn 1% cash back after spending $3,000 annually.
No annual fee
After paying $170/year for the Aerogold – I will never pay annual fees again. This card has no fees of any sort.
Car insurance and extended warranty
Another great benefit of this card is that it provides extra insurance for car rentals so you don’t have to pay extra for collision when renting. It also provides extra warranty for most purchases.
I’m signing up
This card looks good to me so I’m going for it. If you want to sign up for the card then feel free to sign up through one of the affiliate links on this post.