Cut or Use? The NO FEE 5% Cash Back Canadian Credit Card

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Instagram: @thefiregrind
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I am a big believer in stock market investing as one of the main ways to achieve Financial Independence. If you are too, I would love for you to join me on this journey as I track my progress towards Financial Independence. I hope to build a community of like-minded individuals who want to reach financial independence while living a reasonable life because what good is money if you die early from only eating instant noodles (for the record, I love instant noodles)!

Note that this is NOT professional financial advice but rather documenting what I have learned over the years I have been investing and for entertainment purposes only. I want to share my journey with you to inspire you to take a hold of your finances and invest for the future!
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My main card is a Tangerine credit card which has no annual fee and for 3 items I get 2% cash back monthly. For all other purchases I use my West Jet RBC card as the $119.00 cost is re-cooped by using the card and the savings for free bags for up to 8 people is valuable to me. Also the lower cost companion fares are also a value.

deshonydo
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You're confused Daniel, a CREDIT card is linked to a line of credit, you spend the bank's money. This is a prepaid card, it's linked to its own account, just like the KOHO prepaid visa card, you spend your own money.... not the same at all. Prepaid cards are in the debit card family, you spend your own money, it's just visa or mastercard branded which makes it usable worldwide as a regular Visa or mastercard branded card (those without the interac logo on the front).

ivito
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You do know triengle elite card also gives 3% on groceries right?

Volfas
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5% cashback? Ive never seen of heard of this, it's 1% unless you get your paycheque deposited, it'll go up to 3%

kevinm
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CIBC Dividend Platinum card 3% on gas and groceries 2% on recurring bill payments dinning and transportation 1% everything else

swordcitrus
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I applied for this card for the Tungsten card. And now I dont know why I applied for it. Im not travelling anytime soon, so the FX fee isn't an issue.

hdk
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yeah ws cash visa card is a huge disappointment.. i won't be carrying it around.

speedyfeint
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It's still pretty good for weekend eating

frostyfireRBLX
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Pls make another video on converse technology

Deep
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Love Rogers World Elite card. But u do have to earn and spend a lot per year to be eligible per year.

fidelsantos
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I have 20-30 credit cards with 2-3 that i actively use.

ericpark
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MOGO VISa Debit Card with 2% Bitcoin cashback. Make a review about it

wasamillenniumbugprogramme