Get money-saving tips in your inbox.

Stay on top of personal finance tips from our money experts!

News & Resources

Cash Back Rewards Credit Cards Infographic

Nov. 19, 2011
1 mins
A man sits on a couch and types his credit card details into his phone

If you properly budget, credit cards can not only be a way to spend...but a way to save. How? We're talking cash back credit card rewards. Cash not only makes it easier to determine your ROI (because we all know the value of $1)...BUT you can spend your rewards on whatever YOU want….in other words no more rewards catalogue.

How much savings are we talking here? The average Canadian household can save $562 in the first year by using a cash back credit card for their purchases. Over 5 years, that savings builds to $2,382. Want to see how much you can save? Find out how using our infographic...

TIP: Want more information on the cash back credit card used to calculate the savings in the infographic? The MBNA Smart Cash MasterCard, Scotiabank Momentum Visa Infinite card and SimplyCash Card from American Express are some of the best cash back reward cards we've found.

Latest life insurance articles

10 Life insurance myths debunked
Life insurance is for someone older or has kids, right? Wrong. Let’s debunk life insurance myths and learn why everyone needs some form of coverage.
6 mins read
Do you need life insurance? A primer for Canadians
Life insurance isn’t a one-size-fits all solution. But if you have dependents, it can be an important financial safety net for those you love.
7 mins read
Why life insurance should be part of estate planning for new parents
Life insurance is one of the best ways new parents can protect their family and help loved ones in the event of your unexpected death.
5 mins read

Subscribe to our newsletter

Stay on top of our latest offers, relevant news and tips!

Thanks for joining!

You'll be hearing from us shortly - stay tuned.