No Fee Rewards Credit Cards
As you may know already, I’m a big fan of no fee rewards credit cards and cash back credit cards. If you have the discipline, it’s a great way to funnel your spending to accumulate the points/cash on money that’s going to be spent anyways. Of course, these points programs only work to your advantage if you pay off the balance every month. Otherwise, the interest will eat you alive.
After getting emails from a couple readers about a newer MBNA cash back credit card to add to my list of no annual fee cash back credit card contenders, I decided to take a look myself. Much to my surprise, the new offering is, in my opinion, among the best in Canada.
The new credit card star is called the MBNA PremierRewards Platinum Plus Mastercard. The no fee cash back card offers 1% cash back starting from the first $1 that you spend with no maximum rebate. In addition to that, the platinum card offers a comprehensive insurance package which includes: purchase insurance, extended warranty, car rental and travel accident insurance. Seems like a winner to me!
Killing Sacred Cows Book Winner
As usual, I did a giveaway to accompany my book review of Killing Sacred Cows. The response was tremendous as we totaled over 150 entries over a couple days. I guess money myths are an interesting topic! Using a random number generator, toby was selected as the lucky winner. Congrats!
While on the topic of contests, be sure to enter the moonjar giveaway. 2 lucky readers will receive the moonjar products which will be drawn for in about a week.
Money Stories and Links
To add to the BCE take over drama, CBC announces that the BCE takeover could be delayed.
Consumerism Commentary lists 8 tips for talking about money with your significant other.
Canadian Capitalist is celebrating 4 years of blogging with 10 books to giveaway! Be sure to enter soon as the contest ends tonight at 8pm EST.
The Digerati Life writes about the worst economic crisis since the great depression and asks “who’s to blame?”
Lazy Man and Money ponders if it’s possible to save money and the environment at the same time.
The Sun’s Financial Diary charts the quarterly GDP growth rate from 1987 – 2008.
Brip Blap asks do you need a bailout?
Money Smart Life lists some safe places to invest your money in a bad economy.
My Dollar Plan has a scary story about how an administrative error can cost you your retirement.
Generation X Finance thinks that the real estate market in the U.S is an opportunity of a lifetime for prospective home buyers.
Frugal Dad asks have you ever been embarassed to be frugal?