Limited Time Opportunity: Download Credit Card Hacks For Free on Amazon

Credit Card Hacks:

What Credit Card Companies Don’t Want You to Know By Award-Winning Author Ahmed Dawn

This is a special post to let you all guys know that my latest book Credit Card Hacks has been published and currently available on Amazon.

There is a promotional free download offer, which will expire on December 12, 2020 midnight. Grab your free copy here:

mybook.to/CreditCardHacks

Credit Card Hacks is a must-have guide for digital-age credit card users and delivers simple steps to use credit cards for savings and travelling the globe for free or paying very little.

If you are not using the right credit card, you are losing an opportunity to earn a free point or mile. To help you get started with credit card benefits, this book will show you:

 - How to Pick the Right Credit Cards

- How to Use Promotional Rate Offers

- What Credit Card Feature You Should Never Use

- The Hidden Credit Card Perk No One Uses

- How to Travel for Free/Fly Business Class Using Credit Cards

- And much more

Is Travel Credit Card Scotiabank Gold American Express Now A Cash Back Credit Card As Well?

Scotiabank Gold Amex Credit Card Offers New Feature

First Published Date: November 26, 2016

Scotiabank Gold American Express travel credit card is known for its mega proprietary points offer on selected categories, beating any other cards. For example, 4 points for every $1 spent at eligible gas, grocery, dining, and entertainment purchases in Canada. You can read my full review here: The ScotiaBank Gold American Express Card Review. However, a recent change made on Scotia Rewards Program, starting November 6, 2016, makes Scotiabank Gold Amex Credit Card as a Cash Back credit card as well.

Author/Copyright: Ahmed Dawn www.adawnjournal.com

In the past, Scotiabank Gold Amex card members were only allowed to redeem points for travel purchases, as it’s a travel rewards credit card. But to make the use of this credit card more flexible and attractive, Scotiabank is now allowing you to redeem points for statement credit on any purchases. This change of feature makes this card basically a travel credit card that works as a Cash Back credit card as well.

However, this change puts Scotiabank Gold Amex card in direct competition with Scotia’s own cash back credit card, the Scotia Momentum Visa Infinite Card, which offers 4 percent on gas + grocery and 2 percent on pharmacy + recurring bills. Read my review on this card here Scotia Momentum Visa Infinite Card review if you need to decide which one to choose.

There is another travel credit card, the MBNA World Elite Rewards MasterCard, which offers a flat 2 points per dollar on all spending and allows you to redeem points for cash back.

I consider this cash back option offered by Scotiabank Gold Amex travel credit card as a positive change, as it provides greater flexibility for customers.

Credit Card Bonus Rewards Points Shrinking

Several Credit Cards Change Bonus Rewards Points

First Published Date: December 5, 2016

In the past few weeks, I found out that several credit cards are changing their rewards points options. In my last article, I talked about Scotia Amex Gold Rewards. Today I will talk about two other credit cards that have instituted negative changes, unlike Scotia.

MBNA Rewards Platinum Plus MasterCard

This is a free rewards credit card that used to give 1000 bonus points every year on the anniversary date. However, MBNA recently sent a notification mentioning it will no longer provide any anniversary points starting January 1, 2017.

This does not come as a surprise to me, as I was expecting various cutbacks on points and features since TD Bank Group purchased MBNA. MBNA used to offer several cash back and rewards points credit cards with generous rewards and features. However, TD is terrible with its own rewards credits cards and it’s no wonder they will make all MBNA credit cards like their own (with reduced rewards and features). MBNA is no longer the choice for low-annual fee and no-fee credit cards since TD starting axing its benefits. There are other credit card companies that offer better deals for low annual fee and no-fee credit cards.

MBNA Rewards World Elite MasterCard

This card is no longer providing first year free. Before the $89 annual fee was waived for the first year.

BMO World Elite MasterCard

BMO was one of the few banks in Canada that allowed you to receive introductory bonus points on credit cards when you switch one account to another. For example, the BMO World Elite MasterCard gives 30,000 points (see below) if you apply and get approved. However, if you are already an existing different cardholder at BMO and switched to this card, you would still get 30,000 intro points. A couple of days ago I switched my BMO Air Miles World Elite MasterCard and as such I will receive 30,000 points. However, a BMO rep mentioned that starting January 1, 2017 these intro bonus points on switching one card to another will be discontinued. So if you are an existing cardholder and plan to get the BMO World Elite MasterCard, this is the time to do it.

BMO World Elite MasterCard is also reducing its 30,000 intro bonus points to 20,000 and increased minimum income requirement from $70,000 to $80,000.

When one door closes, another door opens. Always keep an eye open for new opportunities for credit card rewards and A Dawn Journal is here to provide you unbiased information because unlike most other sites, I do not promote any credit cards and I do not receive commissions from credit card companies.

RBC Business Cash Back MasterCard Review

No Fee 1% Cash Back Card

First Published Date: February 5, 2017

If you are a small business owner and looking for a no-frills credit card, look no further than the RBC Business Cash Back MasterCard. This card may not provide a lot of benefits, but it’s still good for those who aren’t looking for anything from a plain vanilla business credit card.

Sometimes you just want to have a business credit card to keep an active credit card under your business name. And that’s exactly why I have this credit card, although I don’t really use it. For a No Annual Fee credit card, the RBC Business Cash Back MasterCard offers the following features:

– Promotional 2 percent cash back for the first three months

– 1 percent cash back across the board thereafter

– Get cash back whenever you accumulate $25 or once a year in January

– Purchase security guarantee for 90 days

– Extended warranty for one additional year

As you can see, it’s not really a feature-rich credit card, but for no fee getting 1 percent back on everything is not bad either.

Business owners may need to separate their business transactions on credit cards, hence the need for a separate credit card solely for business. I charge my all business transactions on my regular personal credit cards that offer rich rewards and still keep a couple of no-fee business credit card accounts active for my business credit file.

If you are looking for better rewards on your business transactions, there are other annual fee credit cards you can go for. But for those who are not willing to pay annual fee, the RBC Business Cash Back MasterCard does the job and still provides 1 percent return.

New Canadian Prepaid Credit Card Rules

Federal Government Tightens Prepaid Credit Card Rules

First Published Date: February 7, 2017

The Canadian government unveils new prepaid credit card regulations to protect consumers today. Here are some changes that will take place starting May 1, 2014.

– There will not be any more expiration dates on prepaid cards.

– There will not be any maintenance or dormancy fess for at least one year once you activate the card.

– The outside packaging or box will clearly show fees user friendly way.

– Information such as how long you can use it, terms and conditions, a toll-free number, etc must be clearly displayed.

While prepaid credit cards are relatively new, you can find them in grocery stores and supermarkets, and they are becoming very popular.