Vancouver Forum: Best Air Miles Credit Card so far?

Hey Guys,

Just need your opinion on something. I have recently applied for an American Express Aeroplan Credit Card. This CC gives you one mile for every dollar you spend and hence your chances of flying for free are maximized. The anual fee for this CC is only $60.00! There are other Credit Cards that will earn you almost the same amount air miles but the anual fees are higher than the one I applied for.

What are the other best available Credit Cards that earn air miles with very little anual fee in Canada?

Thanks!

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Hi, I’m new to this forum. And I was hoping that you could help me. I’ve been trying to find the best credit card offers and reviews., especially for travel So far, I’ve checked out www.financeglobe.com for some tips.

Anyone have any good or bad experiences? Whats the best deal for rewards?

Well first off you can't even reserve a hotel let alone rent a car without a CC so I'd say they are very neccessary. I for one would never even think of traveling outside my province without one, can you imagine being in another country (say 3rd world) and have no access to a bank machine and an emergency pops up and you have no CC? No thanks, I'll keep mine and I could go on and on as to what else they are imperative for but I think you get the point or I would hope so.


quote name='Numbers' date='Feb 21 2007, 02:02 PM' post='1607580']
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt">I like the theoretical view that if a person uses a credit card they can use “someone else’s” money for 21 days (or whenever your credit card balance is due), however, I fail to understand what the advantage is from doing this. To make interest on money that you would have used to purchase goods with, but instead chose to use a credit card, you would need to have quite a bit of money/investment funds in order to make it worthwhile.</p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt">
<p> </p></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt">I could only come up with a few good reasons to use credit cards;</p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt">
<p> </p></p>
<ol style="MARGIN-TOP: 0in" type="1">
<li class="MsoNormal" style="MARGIN: 0in 0in 0pt; mso-list: l0 level1 lfo1; tab-stops: list .5in">You don’t have to carry around cash/change.
<li class="MsoNormal" style="MARGIN: 0in 0in 0pt; mso-list: l0 level1 lfo1; tab-stops: list .5in">You can purchase things and not have the money to pay for them immediately.
<li class="MsoNormal" style="MARGIN: 0in 0in 0pt; mso-list: l0 level1 lfo1; tab-stops: list .5in">You can choose not to pay off the credit card balance, in essence choosing to create your own payment plan for your purchase albeit, at 20 + %.
[/list]
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt">
<p> </p></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt">Am I on my own on this one?</p>
[/quote]

I have a CIBC Aerogold Visa..i think its the best card for the price..120$ annual fee...and they gave me 15000 aeroplan points to start. Its been 7 months since i got it, and i already have enough for a return trip to LA. its gives 1.5pts/$1 for groceries, gas and 1pt everywhere else. car rental insurance is included, no need to buy tht 23.95/day thing when renting and it covers some travel expenses as well when flt is delayed/rescheduled etc. well worth it.

American express Platinum is $50. and gives one air mile on AIR MILES program per $10 spent

credit cards and airmiles stuff are scams i don't see the need to give my money to credit card companies regular everytime i use thier cards. paying credit card bills ONLY make these loan sharks richer and is a waste of time

Probably the best deal out there that most people have not heard about - sorry, no air miles here - but it's Citibank's "Driver's Edge". You get 2% accumulation on your cc purchases towards the purchase of a new or used vehicle. The best part is that the vehicle can be purchased anywhere...local dealer, private, even from the US and can be any make and model. The real best part - the card is FREE! :D I don't know of any other cc that gives you the equivalent of 2% cash back for no annual fee.

The accumulation is based on a five year window. If you think about how much you spend on your cc each year, multiply that by by 2%, then you can calculate how much you'd get back when you decide to get another vehicle. e.g. If you spend an average of $25,000 in a year, you'd get $500 in the kitty each year. If you wait five years, you would get $2,500 that you can get back in cold hard cash when you buy a vehicle. That's a lot more bang for the buck than any air mile collection program. I've participated for many years and it really works.

Bob, on Mar 17 2008, 09:43 PM, said:

Just be sure to use the cashback after you've gotten the best price for the car. Some car dealerships will trick you into thinking that the cashback reduces your the discount on your car, but don't ever buy that.

I have seen people over spending on unwanted things just to accumulate so called points on their credit card. If you see all the enticing offers with annual fee, without annual fee etc., the dollar value is around 1% of your spending. If that is the case, why not get a cash back credit card. So, that you know what exactly you are getting in return in $$ value? In this simple case you know that if you spend $1000 you will get back $10. So, the over spenders who collect points can sit back and think 'Is it worth spending $1000 on unwanted stuff to get back $10?'.
Is it not time to save? Or is it just spend, spend, spend and collect points for a flight to the middle of no where?
Think about it.

I was checking out http://www.airmiles-creditcards.net/ and I would say that the American Express Air Miles Gold Credit Card and Gold Mosaik Air Miles Mastercard are the two best choices...

I have an AmEx with up to 2% cash rebate but I'm shopping right now for an Air Miles credit card.

Don't just use your CC for the sake of accumulating miles and make sure to pay off your balance every month otherwise you'll just ended up loosing money on this deal!


@Sephardic-Male
Why are they scam? Can you elaborate?

horrible customer service with AMEX. Would avoid at all costs.

The catch with AM, on Feb 21 2007, 10:05 AM, said:

The catch with AM, on Feb 21 2007, 10:09 AM, said:

Oops, sorry, entered my name then pressed enter and the dumb thing posted.

Anyway, I also want to add my 2 cents here on how STUPID american express is. I applied for the AM credit card and I was approved, they then phoned me and told me everything is great with the app but they just required a copy of 2 other credit card statements proving my mailing address so they would not mail their ax to the wrong address. Ok, fine this makes sense kinda so it was May 6 2008 and I faxed them a visa and a m/c statement both from March 2008. Two days later they phone me and tell me this is not good enough and they want me to find my April 2008 statements!!! I said to the rep on the phone but I thought all you wanted was credit card address verification? Well, we really need to see your most current statements so w will put your app on hold until you find your April 2008 statements and then I remembered this thread which I had read before I sent in my app and I said to the lady on the phone, you know what? forget it!!! Keep your stupid credit card, if you guys are going to give me grief over one month of statements and I'm not even a customer yet, I can just imagine how you will treat me after I become a customer just cancel my application. Then she says "all right, just for the record, you are asking me to cancel the current application in progress?" YES!!!! "Ok, no problem, if you ever change your mind just call us back."

In closing, I really don't think american express is worth the hassle. Get a BMO Mosaik AM card.

i think there is some confusion here. there are a few different offers.

first there is Airmiles and aeroplan. these are two different programs.

for airmiles. amex has a no fee airmiles cc $20 =1 airmile.

Li Areekkal, on Mar 31 2008, 06:02 AM, said:

Li, THANK YOU! This makes the MOST sense for me and keeps the math simple. I too, know MANY people that over spend to flaunt a 50% in reduction on travel. Cold, hard cash works for me too. Thanks for voicing an easy, clear concept.