Best Store/retail Credit Card
If you regularly cross off your shopping list at Shoppers Drug Mart and Loblaws banner grocery stores , then the PC Financial World Elite Mastercard is a no brainer.
The premium, no-fee retail credit card earns between 45 to 30 PC Optimum points per dollar spent at affiliate retailers , and 10 PC points per dollar everywhere else you swipe the card . With over 4,500 retail and gas locations affiliated with the PC Optimum program, thereâs no shortage of opportunities to rack up bonus points.
PC Optimum points can be redeemed for purchases from Shoppers Drug Mart and Loblaws banner grocery stores in increments of 10,000 points for $10.
To qualify for the PC Financial World Elite, youâll need to earn an annual income of $80,000 . If you donât hit those minimum income requirements, the good news is you can still qualify for PC Financialâs other great no fee retail credit cards.
Why we like it:
Thanks to its impressive earn rates of between 4.5% to 3% and its partnership with some of Canadaâs largest grocery, pharmacy, and gas station brands, the PC Financial World Elite stands out for being one of the best no fee credit cards for purchasing household essentials.
It also doesnât hurt that the PC Optimum Points program is extremely easy-to-understand and flexible .
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How Can You Determine Whether Your Discover Card Will Be Accepted
99% of places that take credit cards nationwide accept Discover. If youre shopping in person, you can look for a sticker on the door or checkout area with the Discover acceptance mark. Even if that sticker is missing, you can always ask to try your Discover Card first. And if you find a merchant that doesnt accept Discover, you can call our customer service team and well work to add them.
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Heres Where American Express Is Accepted:
- Where American Express is Accepted in the U.S.: 10.6 million merchants
- Where American Express is Accepted Internationally: 160+ countries and territories
- Countries Where American Express is Accepted Most: Canada, Australia, UK, India, Mexico
- Places Where American Express is Not Accepted: Cuba, Sudan, South Sudan, Iran, Syria
- Major Retailers That Accept American Express: Amazon, IKEA, Sears, Target, Walmart, Lowes, Apple, Best Buy, Staples, CVS
- Major Retailers That Dont Accept American Express: Costco, small non-chain stores/restaurants
So, an American Express card is enough for your shopping within the U.S. Though you may find some stores that dont take it, the majority will. But youll probably want to have a no foreign transaction feeVisa or Mastercard when you go abroad. Those networks guarantee you worldwide coverage, with acceptance in over 200 countries and territories. And Mastercard and Visa cards are accepted just about universally within those regions. Amex cards still have hit-or-miss acceptance in many.
Balance Transfer Cards Are Popular Too
While they didn’t make the cutoff for the top 10 most-searched credit cards, two cards that allow for balance transfers racked up more than 60,000 monthly searches each. The Chase Slate® and the Citi Simplicity® Card both let you consolidate your debt by transferring a balance from another card. With the Chase Slate®, there’s no fee for transferring a balance in the first 60 days, and with the Citi Simplicity® Card you get 21 months of 0% APR on balance transfers , then a rate of 14.74% – 24.74% Variable.
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The Most Popular Credit Cards:
We came up with this list of the 10 most popular credit cards by pulling search traffic estimates from the SEO research website Ahrefs as of December 15. We limited the top search results to seven credit card issuers: American Express, Bank of America, Capital One, Chase, Citi, Discover, and Wells Fargo.
The Costco Anywhere Visa® Card by Citi is the most-searched credit card by far with 935,000 monthly searches. By comparison, the second-most popular credit card search, for Southwest credit cards, racked up just 171,000 monthly searches.
Are You Ready For An Elite Credit Card
While the cards in the previous section arent only for the likes of Lady Gaga, they still have stringent application requirements.
To qualify, youll need excellent credit scores and a strong income. So, before applying, check your credit scores and to make sure youre a good candidate. You can also see if youre pre-approved for any credit card offers . If your scores arent yet up to par, build your credit with other credit cards first.
Since these luxury cards also come with high annual fees, run the numbers to ensure youll get enough value out of your chosen card.
And no matter which of the best credit cards you apply for, always use it responsibly. Youll never get to Black-card status if youre deep in Platinum-card debt.
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Most Widely Accepted Internationally
jschner4. Should a prudent traveler carry both?Visa advertised throughout the Beijing Olympics that Visa was the ONLY card accepted there.PhillyInvestorWhen I was in Brazil a couple of summers ago, I was surprised by the number of places that only took MasterCard.There were also places, that would take locally-issued Visa/MC, but not cards issued by international banks. I didn’t know that was allowed, actually. I guess the “honor all cards” rule doesn’t apply everywhere.
Why Does Amex Have Low Worldwide Merchant Acceptance
Part of the reason American Express cards have limited acceptance is due to their higher merchant processing fees . A MPF is what a merchant is charged each time a credit card is swiped, and the fee varies by network. According to a 2018 Nilson Report, Amex has the highest MPF at 2.33% compared to 2.17% for Visa and Mastercard and 2.09% for Discover.
Amexs higher fees are due in part to the higher spending of Amex cardholders, which can be more profitable for merchants. Its key to note Amexs MPFs have been steadily declining over the past several years and its acceptance rate has been rising. An Amex rep told LendingTree that Amex is attempting to reach equal merchant acceptance with Visa and Mastercard in the U.S. by 2019, and they are making good progress towards that goal.
According to Nilson Report data, Amex expanded merchant acceptance from 6.4 million locations in 2013 to 9 million in 2017. And, an Amex rep stated its data showed the issuer added 1.5 million new U.S. locations accepting their cards within the past 12 months.
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Which Type Of Credit Card Should You Choose
All of the major networks offer a wide variety of credit cards that provide various benefits to cardholders. So, the type of credit card you choose shouldnt necessarily be based off the backing network, but more so on the benefits of the card whether its cash back, travel perks, or the ability to build credit.
You really shouldnt run into an issue using a card from one of the lesser accepted networks, unless you predominately shop at small businesses or travel abroad. If thats the case, choose a card from Visa or Mastercard to carry as a backup to your Amex or Discover card.
Best Balance Transfer Card Accepted Everywhere
The U.S. Bank Visa® Platinum Card offers to new cardmembers an unusually long period of 0% introductory APR on purchases and on balance transfers completed in the first 60 days after account opening . This cards APR range for purchases, transfers, and cash advances is lower than that of many competitors.
The card gives you 24/7 access to VantageScore® credit scores, credit alerts, and Score Simulator through the TransUnion CreditView Dashboard. You can use the U.S. Bank Mobile App to view transactions, check your balance, and make payments, among other options. You can also set up AutoPay to avoid late fees and interest, and the cards monthly payment due date is yours to choose.
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Best Air Miles Credit Card
If youâre an avid Air Miles collector, you can rack up significantly more rewards with the BMO Air Miles World Elite in your wallet and get some premium travel perks to boot. The card offers a lucrative 0.083 Miles per dollar, triple the miles when shopping at Air Miles partner stores , and over a dozen types of insurance.
The Air Miles World Elite also includes a sign-up bonus for new cardholders that includes a first year annual fee waiver and up to 3,000 bonus miles: 1,000 Miles after making your first purchase on the card and another potential 2,000 Miles if you hit a minimum spend of $3,000 within your first three months of activating your account.
Why we like it:
When shopping at Air Miles Partners , you can rack up triple the Miles by paying with this credit card and showing your Air Miles Collector Card at the same time. The Air Miles World Elite also offers arguably the best insurance of any other Air Miles credit card period, with up to $2 million in out of province medical insurance along with personal effects coverage . Last but not least, the sign-up bonus is enough to let you book up to two short-haul flights within North America.
Cardholders get a 15% discount on flights booked using Miles within North America.
Where Are Discover Credit Cards Accepted
Among the four major U.S. credit card networks, Discover has the third highest acceptance rate among merchants domestically. However, it does not lag far behind the two leaders, Visa and Mastercard. Of course, there are exceptions to this rule. Mostly notably, Costco America’s largest membership-only warehouse club accepts only Visa cards.
As mentioned above, a large number of international merchants accept Discover. However, this acceptance isn’t evenly spread among all countries. Discover has partnered with several other major card networks, which has helped to expand their reach abroad. In certain parts of the world, stores that accept Diners Club, China UnionPay or JCB will also accept a Discover-branded card.
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Barclays Visa Black Card
The Black Card from Barclays is made of stainless steel and it looks absolutely beautiful. But its extremely exclusive since you have to prove you have a huge income putting you in the 1% richest persons in your country, just to get one. To keep the Black Card you have to pay $500 each year, but with this car youll have access to the VIP Airport Lounges, a $250,000 travel insurance, premium hotel access, concierge service and other rewards.
How Many Credit Cards Should I Have
Many people have multiple credit cards, and there are benefits to this. It can help increase your credit score by giving you more available credit and therefore a better credit utilization ratio.
At its most basic, having access to more credit can help you finance more purchases if you don’t have enough cash to cover everything up front.
You can also earn more rewards by optimizing which card you use for certain spending categories. For instance you may make all your dining purchases with a card that earns bonus rewards in that category, but another card that for grocery purchases, since it has its own bonus multiplier
Ultimately, it’s up to you to decide how many credit cards you need. Make sure to evaluate your spending habits and research what card would be best for you.
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Balance Transfer Credit Cards
A balance transfer card is one that offers a low or 0% APR for transfers made to the card for an introductory period of time. After that introductory period, the cards standard variable APR will typically apply. There may be a balance transfer fee to shift debt to a balance transfer card, usually 3% to 5% of the amount being transferred.
Card Selection Of American Express Vs Visa
Do you want a travel card, a cash back card, or a business card? If you want plenty of choices for rewards types, points redemption, and other benefits, it’s helpful to choose an issuer with a wide card selection.
You’ll have far more card options with Visa vs. American Express. Most of the major card issuers partner with Visa for at least some of their credit cards. It’s also the payment network with the greatest .
There’s not as wide a selection of American Express credit cards. It offers its own cards and a limited selection of cards with other card issuers on the American Express payment network. You’ll have plenty of options, just not as many as you would with Visa.
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Best No Fee Cash Back Credit Card
The Tangerine Money-Back Card earns you 2% cash back in two chosen spending categories and 0.5% on everything else. Thereâs a total of 10 bonus categories to choose from â including everything from groceries and gas, to restaurants, public transit, hotel stays, and more.
It also currently features a welcome offer of 15% back when you spend up to $1,000 in everyday purchases within your first 2 months. Offer expires December 31, 2021.
Why we like it:
Two percent on bonus categories is one of the richest return rates for a no fee credit card. The freedom to choose your bonus categories is also great, as is the fact your cash back is refunded on a monthly basis .
This card offers a 1.95% promotional interest rate on balance transfers for new cardholders for the first six months. If you state that you earn at least $60,000 during the application process, youâll get bumped up to the higher-tier Tangerine World Mastercard and get additional benefits like mobile device insurance and rental car coverage.
American Express Vs Visa
Many or all of the products here are from our partners that pay us a commission. Its how we make money. But our editorial integrity ensures our experts opinions arent influenced by compensation. Terms may apply to offers listed on this page.
If you’re looking for a new , you may find yourself picking between American Express vs. Visa. Consumers often wonder which is the better choice, considering that these are two of the world’s four major payment networks. Here’s how they stack up.
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Low Interest Credit Cards
A low interest credit card is one that has a low ongoing interest rate, typically far lower than the industry average APR on other cards. For those who typically carry a balance on their cards, this may be a more beneficial option since over time, the interest charges will be less than on a card with a higher interest rate. This is different from a card with a 0% APR in that a low interest cards rate is ongoing and doesnt expire after a promotional period.
Coutts World Silk Card
Queen Elizabeth II uses the Coutts World Silk Card, as do at least 100 other people who have $1 million or more in a Coutts account. Known as Englands most exclusive credit card, the Coutts World Silk Card comes with a 24/7 concierge service, access to exclusive airport lounges, and private shopping at designer stores.
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Charge Coins Medals And So On
Charge coins and other similar items were used from the late 19th century to the 1930s. They came in various shapes and sizes with materials made out of celluloid , copper, aluminum, steel, and other types of whitish metals. Each charge coin usually had a little hole, enabling it to be put in a key ring, like a key. These charge coins were usually given to customers who had charge accounts in department stores, hotels, and so on. A charge coin usually had the charge account number along with the merchant’s name and logo.
The charge coin offered a simple and fast way to copy a charge account number to the sales slip, by imprinting the coin onto the sales slip. This sped up the process of copying, previously done by handwriting. It also reduced the number of errors, by having a standardized form of numbers on the sales slip, instead of various kinds of handwriting style.
Because the customer’s name was not on the charge coin, almost anyone could use it. This sometimes led to a case of mistaken identity, either accidentally or intentionally, by acting on behalf of the charge account owner or out of malice to defraud both the charge account owner and the merchant. Beginning in the 1930s, merchants started to move from charge coins to the newer Charga-Plate.
Choice Rewards World Mastercard Review
The Choice Rewards card is an appealing credit card for many consumers as it offers a long list of benefits. On top of providing cardholders with a competitively low interest rate, First Tech waives annual and fees on foreign transactions, cash advances, and balance transfers. Additionally, cardholders can take advantage of a 0% introductory APR on balance transfers. This in addition to a straightforward rewards program.
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