Credit cards are a fact of life in modern society for almost everyone. In fact, for the financially literate, credit cards provide great incentives for use. Travel rewards, cash back, and insurance coverage are just some of the advantages credit cards have, and that’s before mentioning delaying the cost of your purchases for 21 days in most cases. However, a lot of people haven’t recognized how valuable credit cards are to the credit card companies and the major banks. Many of our friends, neighbour’s, and coworkers are carrying balances on their credit cards, and paying huge fees for cash advances and balance transfers. This makes credit cards a lucrative business, and gives the credit card companies a significant incentive to get their cards in our wallets and purses. For this reason, you can get PAID to get a credit card, on top of the welcome bonuses you commonly see advertised online. For example, I recently applied for a TD Aeroplan Visa Infinite card. TD was offering up to 30000 Aeroplan points after $1000 in spending and adding a supplementary cardholder. That’s not a bad deal, but after the $120 annual fee, and a $50 fee for a supplementary card, the deal isn’t quite as sweet. However, multiple sites were offering the same card through referral links for either first year free, or with cashback of up to $60 and a 50% rebate of the first year annual fee, effectively giving you the first year free. Some credit card companies are willing to go so far as to give you hundreds of dollars in rewards, cash, travel, or a combination. I’d highly recommend taking a look at the link below which will have a rotating list of offers that you can take advantage of the next time you’re looking for a credit card. I have personally used each this site, and I’ve received all of the advertised incentives and cash payments as described.
https://www.greatcanadianrebates.ca/register/180046/
