Scotia’s Momentum Visa Infinite card is the cash back rewards king in Canada and right now for a limited time when you sign up for the card you’ll get a free $100 gift card upon approval.
This is the go-to rewards card for all of my grocery and gas spending (4% cash back), as well as for drug store spending and recurring bill payments (2% cash back). As an added bonus, the $99 annual fee is waived in the first year.
For the $100 gift card you can choose between Amazon, Starbucks, Future Shop, or the Ultimate Dining card – which includes Swiss Chalet, Montana’s, Kelsey’s, Harvey’s or Milestones.
Travel rewards fans can get in on the act as well with the Scotiabank Gold American Express card, which pays 4x points on groceries, gas, dining, and entertainment spending. The $99 annual fee is waived in the first year.
The $100 gift card promotion doesn’t come around often, so if you’re in the market for a new rewards card you should take advantage of this offer today.
This week’s recap:
On Monday I posted my 2014 portfolio rate of return and announced the switch from dividend stocks to my two-fund indexing solution.
On Wednesday Marie asked what was lurking inside your fridge and cabinets with this guide to expiry dates.
On Friday Marie posted a primer on how to get started with a portfolio of index funds.
Over on Rewards Cards Canada I explained how to get top value from your rewards program.
I was happy to contribute to this article by Melissa Leong on nine must-have (and free) financial apps for 2015.
Marie was equally thrilled to share her thoughts on this Gail Johnson column on how to deal with rising interest rates.
Dan Bortolotti has updated the model portfolios on his Canadian Couch Potato blog. Simplicity was the driver behind these changes – no more REITs, real return bonds, or small cap stocks.
Another solid primer – this time by Bridget Casey – on how to build a balanced portfolio using index funds.
Here’s a sad look at how NHL defenseman Jack Johnson was screwed by his parents and left with millions in debt.
Million Dollar Journey continued its series of Net Worth updates from various readers – this one from Nobleea, an oil and gas engineer from Edmonton.
Ever wonder how much money you’ve made over the course of your career? This blogger looked back at the jobs she’s held over the last decade.
Sandi Martin at Spring Personal Finance reveals what she wants from you in 2015.
Stephen Weyman from How To Save explains how to get the most out of your new car warranty.
Financial Uproar’s Nelson Smith takes a look at who should buy life insurance and why.
One of the most colourful personal finance bloggers is J. Money from Budgets are Sexy. He was recently featured in this Forbes article about how he socked away $400,000 in seven years.
Here’s a look at how J. Money saves money…(in pictures).
I took out an RRSP loan last year to catch up on some unused contribution room. Here, Dan Wesley explains the positive and negatives of RRSP loans.
Mark Seed explores what it takes in order to transition from working to retirement.
Michael James on Money uses a clever example to explain why it’s better for investors to use a limit order instead of a market order.
Michael Kitces wonders if the DALBAR study overstates the behaviour gap (the difference between investment returns and investor returns).
Steadyhand’s Tom Bradley says no one can predict the future – not even financial advisors.
And finally, Preet Banerjee continues his video blogging exploits with this analysis that questions how much you actually make when you sell your house:
Have a great weekend, everyone!