Credit Cards

Amazon Mastercard by MBNA

  • Last Updated:
  • Aug 19th, 2019 9:09 pm
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Aug 29, 2012
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I'm just not sure how profitable Brim is. Offices in the GTA and a medium sized payroll don't come cheap. Sure, credit cards are usually an eminently profitable business, but I wonder how many people have really ever heard of them. I'm just not sure about the long term viability of the company.

The only real good thing coming out of the Amazon launch is the presence of another no FX credit card in Canada.

It's a crime against humanity that the banks still charge it. Many of them just raised their regular interest rate to 20.99%!!
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Feb 17, 2012
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ORLEANS
So the rogers WE would still be better card for using abroad?
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With Rogers you pay an extra 2.5% conversion charge upfront and collect 4% rewards points, easily redeemed for statement credit anytime once you have collected $20 worth, which you earn on $1,143 spend. Easy for most to do this every month, for a net return of 1.5%. Amazon (the way the old one Chase one worked): pay 0% upfront and collect 1% later, paid out once you have earned $20.

For me, Rogers beats Amazon hands down. But Amazon wins if you need to refund something like a hotel cancellation, because if you do that with Rogers you don't get the 2.5% surcharge refunded.

Edited to fix mistake on old Amazon payout timing
Last edited by Kiraly on May 18th, 2019 9:47 pm, edited 2 times in total.
18% = GTA residents as a proportion of Canada's total population
97% = chance that an RFDer lives in the GTA when he posts something location specific, without giving a location

Were you hit with surprise customs/import fees on an Amazon.ca purchase?
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Aug 18, 2005
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Delight wrote:
May 17th, 2019 5:21 am
TD killed off their mastercard portfolio (keeping it with MBNA), and doesn't seem like they're going back. I don't think this is quite right.
Agreed. And TD is the master of hidden fees, so I would hardly expect them to offer a 0% Forex card.
What if there were no hypothetical questions?
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does prime membership fee qualify for the 2.5% CB?
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MasterPro wrote:
May 18th, 2019 8:43 am
with their reputation?
Brim card is great. No complaints from here or the overwhelming majority of actual cardholders.
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Feb 2, 2007
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GTA
Kiraly wrote:
May 18th, 2019 11:53 am
With Rogers you pay an extra 2.5% conversion charge upfront and collect 4% rewards points, easily redeemed for statement credit anytime once you have collected $20 worth, which you earn on $1,143 spend. Easy for most to do this every month, for a net return of 1.5%. Amazon (the way the old one Chase one worked): pay 0% upfront and collect 1% later. You need to wait for the once-a-year payout.
For the Amazon Visa by Chase there wasn't an annual payout, but every time you accumulated $20 in "points", you would get $20 statement credit.
I wish Rogers would have implemented something like that instead of their current system.
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adrian2 wrote:
May 18th, 2019 9:29 pm
For the Amazon Visa by Chase there wasn't an annual payout, but every time you accumulated $20 in "points", you would get $20 statement credit.
I wish Rogers would have implemented something like that instead of their current system.
Not sure what rock you’ve been under but the current setup is the same save for one step where you have to manually redeem, which, some people prefer in fact and is a minor inconvenience at best to those who don’t.
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Oct 13, 2007
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masterman wrote:
May 17th, 2019 1:05 pm
CTFS WE is 3% on groceries, excluding WalMart
Walmart is not a grocery store so the exclusion is moot.
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robsaw wrote:
May 17th, 2019 12:04 pm
All MBNA Canada cards are backed/administered by TD (MBNA is just a brand now, cards are legally issued by TD), so if it is a TD Mastercard that would almost certainly be an MBNA branded card.
I don’t think it is just a brand. Recently applied for my third MBNA and they made note of my multiple cards and took credit away from one to provide it on the new one. There was no mention of my TD card.
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starchoice wrote:
May 18th, 2019 9:39 pm
Walmart is not a grocery store so the exclusion is moot.
Walmart is on MC's grocery category list. Some people with MCs with grocery accelerator categories enjoy a boost at Walmart. For example, Tangerine MC gives 2% at Walmart if grocery is one of your accelerator categories.
Cards:HSBC WE MC 1.5%/3% travel 0 FX MC acceptance 31 day med AF $49
CTC WE MC 3% grocery, 3.54% CTC, RA, billpay
Bank: Alterna (2%+, no fees)
Brokers: IB (For. stocks/low comm)/Reg. RBCDI(service, USD)
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starchoice wrote:
May 18th, 2019 9:39 pm
Walmart is not a grocery store so the exclusion is moot.
Only MasterCard classifies Walmart Supercentres as grocery (for the sake of grocery accelerators). CTFS deliberately excluded them, because they don't see Walmart MC as a viable competitor. They're basically hoping you'd choose them (CTFS) over PCO, and in the event that you shop grocery at non-Loblaws grocers, you'd still use CTFS over a 3-4% G&G card. Tang, RBC and the likes give grocery accelorator at Walmart with their MC.
starchoice wrote:
May 18th, 2019 9:43 pm
I don’t think it is just a brand. Recently applied for my third MBNA and they made note of my multiple cards and took credit away from one to provide it on the new one. There was no mention of my TD card.
They don't need to mention TD CT when moving CL from one MBNA card to the next. You can go on MBNA's website and see TD mentioned all over the terms of service & even in cardholder agreement afaik. Subbies don't need to mention parent co on every transaction and interaction.
Last edited by titaniumtux on May 18th, 2019 9:50 pm, edited 1 time in total.
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Altera wrote:
May 18th, 2019 9:33 pm
Not sure what rock you’ve been under but the current setup is the same save for one step where you have to manually redeem, which, some people prefer in fact and is a minor inconvenience at best to those who don’t.
Doesn't Rogers have an option to autoredeem if you select this in the app?
Cards:HSBC WE MC 1.5%/3% travel 0 FX MC acceptance 31 day med AF $49
CTC WE MC 3% grocery, 3.54% CTC, RA, billpay
Bank: Alterna (2%+, no fees)
Brokers: IB (For. stocks/low comm)/Reg. RBCDI(service, USD)
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masterman wrote:
May 17th, 2019 11:21 am
+1
Really, this is only geared towards heavy Amazon shoppers who have a Prime membership already.
I doubt this judging from the many who had the original card just for the no ForEx feature.

Unless you have to have Prime to have the card or there is an AF, it will be a popular card.
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starchoice wrote:
May 18th, 2019 9:46 pm
I doubt this judging from the many who had the original card just for the no ForEx feature.

Unless you have to have Prime to have the card or there is an AF, it will be a popular card.
Yes, Amazon Visa was popular for the no FX fee features but times have changed.

There are more no FX fee cards to choose from now:

-Brim MC
-HOmetrust Visa
-Scotia Passport Infinite Visa
-upcoming Scotia Amex Gold
-HSBC WE MC
-Rogers WE MC (net 1.5% cashback after 2.5% FX fee)
Cards:HSBC WE MC 1.5%/3% travel 0 FX MC acceptance 31 day med AF $49
CTC WE MC 3% grocery, 3.54% CTC, RA, billpay
Bank: Alterna (2%+, no fees)
Brokers: IB (For. stocks/low comm)/Reg. RBCDI(service, USD)

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