Canadian Credit Card Rewards Programs (Verification)

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Canadian Credit Card Rewards Programs (Verification)

RBC reward points can be redeemed and be used for booking flights on any airline worldwide. TD reward points can be redeemed to pay an annual fee.

TD Rewards

  • The Information presented in TD Rewards section in the spreadsheet is applicable for all TD Reward cards and not just for the “TD Rewards” card.
  • TD Rewards Cardholders can use reward points to pay an annual fee. Though TD Rewards Visa card does not have an annual fee, TD First Class Travel Visa Infinite ($120) and TD Platinum Travel Visa ($89) has an annual fee.
  • The company did not disclose the information on the number of points to cover the annual fee.
  • TD Reward cards do not have a travel grid/chart based on the type of flight i.e., short-haul, long-haul, etc.
  • TD Reward Cardholders can earn 2 reward points for every $1 in travel purchases via phone and 3 reward points via online through Expedia.
  • TD Reward Cardholders can only redeem points after making the missed card payment (All TD cards).

Avion / RBC Rewards

  • There is a booking fee of $30 per Flight ticket with additional taxes.
  • RBC Rewards Cardholders can use reward points to pay an annual fee. The company did not disclose the information on the number of points to cover the annual fee.
  • Cardholders can redeem reward points for booking flights on any airline worldwide.

BMO Rewards

  • The Information presented in BMO Rewards section in the spreadsheet is applicable for all BMO Reward cards and not just for the “BMO Rewards” card.
  • BMO Rewards program does not have a travel grid/chart based on the type of flight i.e. short-haul, long -haul, etc.

Research Strategy

To verify the highlighted data quoted in RC, we scoured through respective websites on Canadian Credit Card Rewards Programs and related articles. As BMO Rewards and TD reward programs have no travel grid/chart, especially based on type of flights in their websites and related reports, it was confirmed that there is no travel grid/chart for respective programs.




Sources
Sources

Quotes
  • "Unlike some other loyalty rewards programs, the only way you can earn TD Rewards is by getting a TD Rewards credit card."
  • "Can you use points to cover taxes & fees? Yes, you can use your points to cover taxes and fees."
Quotes
  • "By booking online through RBC Rewards Travel: no charge."
  • "By calling RBC Rewards Travel: $30.00, plus taxes, per booking, charged to your credit card (regardless of number of passengers or items per booking)."
Quotes
  • "Redeem your points for flights on any airline worldwide "