June 13, 2012
-- If you are looking for US dollar credit cards and are flying frequently, you will find out that the Canadian credit card market has plenty to offer. US dollar credit cards in Canada are offered by American Express, Chase Bank, Citibank, Capital One, and many others. Some are featured with cash back, reward points, and other beneficial features. Here are some good offers.
The Venture US dollar credit card for frequent travelers by Capital One, for example, earns you two miles a dollar on all purchases, no matter how frequent they are. You also get the additional bonus of 25,000 miles, equivalent to $250 in traveling expenses. Miles can be redeemed regardless of the aim and purpose. There is no maximum number of miles to be earned, and they can never expire. All flights for you are free no matter the airline and time. There is no annual fee the first year ($59 after that), no foreign transaction fees, and the annual interest rate ranges from 11.9 percent to 19.9 percent. You will need excellent credit to get approved for this card.
Another option is the Chase Sapphire Preferred Card. It lets you earn 50,000 bonus points if you charge $3,000 to the card in the first 3 months. This is the equivalent of $625 in air travel costs and hotel accommodations. No foreign transaction fees are charged when you use your card outside the United States. The points you earn on air travel costs and accommodations are doubled, and you get a point for every dollar spent on anything else apart from this. The annual fee is waived the first year – it is $95 after that. The annual interest rate is 13.24 percent. Again, you should have an outstanding credit history.
Chase Bank offers its Southwest Airlines Rapid Rewards Premier Credit Card to all frequent Canadian travelers. You get 2 free flights after the first purchase charged to the card. You also earn 6,000 points annually on the anniversary date the card was issued. Points can be redeemed for hotels, international travel costs, gift cards, and more. You get 2 points for each dollar spent on Southwest Purchases and 1 for each dollar spent on everything else. The variable annual interest rate is 14.24 percent, the annual fee is $99.00, and you need excellent credit to apply.
The Citi Gold / AAdvantage World MasterCard offers 30,000 bonus miles if you make over $750 in purchases during the first 4 months. You get one mile per dollar spent on purchases, and the annual fee of fifty dollars is waived the first year. The variable annual rate is 15.24 percent.
American Express’ Premier Rewards Gold Card offers 15,000 reward points, which can be redeemed for certain $150 gift certificates if you make more than $1,000 in purchases during the first three months of holding the card. It is possible to make triple points on flight ticket purchases, double on groceries and gas, and one point per dollar you spend on everything else. For more information and credit card comparison please visit: http://www.creditcardreview.ca/