There is a saying "be careful what you wish for", is that the reason you didn't mention CTFS Triangle?titaniumtux wrote: ↑ Are we running bets? Let's get an escrow for bets in Bitcoin please
My predictions...(cards that are currently "too good to be true" by Canadian standards)
- gotta nerf Brim basic/world/WE. Something's gonna change
- HSBC WE cards - will likely nerf as well
- MBNA RWE will likely incur another nerf
- Chatr MC should nerf...too good for Canadians!
- Tang MC basic. World tier will likely remain status quo but uncapped 2%/3cat on diminishing merch fees for MC...ha
- Desjardins Cashback WE...no way they'll leave the 4%/grocery uncapped
- Aeroplan suite (three issuers)...they'll probably make earn rates even more categorized...I expect a base earn rate on premium cards to fall to 0.7pts/$1 spent to come closer in line to AmEx Cobalt base in if cashed out on misc statement credit or BMO Eclipse base earn redeemed on travel
- PCF...surely they'll find other ways to nerf their offerings...maybe remove into BT offer
Devaluation on MBNA RWE is not going to happen. It is the only non-Amex card giving 2% on everything in Canada.titaniumtux wrote: ↑ Are we running bets? Let's get an escrow for bets in Bitcoin please
My predictions...(cards that are currently "too good to be true" by Canadian standards)
- gotta nerf Brim basic/world/WE. Something's gonna change
- HSBC WE cards - will likely nerf as well
- MBNA RWE will likely incur another nerf
- Chatr MC should nerf...too good for Canadians!
- Tang MC basic. World tier will likely remain status quo but uncapped 2%/3cat on diminishing merch fees for MC...ha
- Desjardins Cashback WE...no way they'll leave the 4%/grocery uncapped
- Aeroplan suite (three issuers)...they'll probably make earn rates even more categorized...I expect a base earn rate on premium cards to fall to 0.7pts/$1 spent to come closer in line to AmEx Cobalt base in if cashed out on misc statement credit or BMO Eclipse base earn redeemed on travel
- PCF...surely they'll find other ways to nerf their offerings...maybe remove into BT offer
Also Brim WE.EdisonL299 wrote: ↑ Devaluation on MBNA RWE is not going to happen. It is the only non-Amex card giving 2% on everything in Canada.
25K caps, $199 + $50/card annual fee make it difficult to keep after 1st year.someweirdo wrote: ↑ Also Brim WE.
What is bmo card changing to? I didnt see anything on this...HermanH wrote: ↑ Issuers seem to be trying to hide devaluations behind a smokescreen of bonus earn rates on some categories.
My spend in base non-bonus categories is over 60% of total, so while bonus categories are nice, nerfing the base earn rate erases all the category gains and then some.
I was just reading about BMO nerfing the base earn on the Cashback W.E. MC and calling it an improvement due to decent bonus category earn hobbled by ridiculously low monthly bonus category caps.
At first I was excited about the 5% on groceries...but it’s capped at $500/month and then 1%? No thanks
CTFS can be a funny issuer. If they "devalue" anything, it's by removing super awesome payees from their bill pay. One could try all they want about that, but wouldn't do it in the threads here since it's all top secret MS tricks. As for product offerings...they've been real slow at changing anything. Theoretically, they already "nerfed" the basic
MC, but we at RFD all have the WE tier card so it doesn't matter.EdisonL299 wrote: ↑ Devaluation on MBNA RWE is not going to happen. It is the only non-Amex card giving 2% on everything in Canada.
I really don't think that CTFS will remove the bill pay feature. They make too much money on interest from it.titaniumtux wrote: ↑ CTFS can be a funny issuer. If they "devalue" anything, it's by removing super awesome payees from their bill pay. One could try all they want about that, but wouldn't do it in the threads here since it's all top secret MS tricks. As for product offerings...they've been real slow at changing anything. Theoretically, they already "nerfed" the basic
OMG, you mean TD/MBNA doesn't nerf its MBNA product offerings?
I
Am
Lost
For
Words...
Downtown single hipsters use World Elite cards from one of the big 5? I thought they all used debit cards or neobank prepaids.
Remove the bill pay feature? No. That's the candy they throw to lure cardholders. Remove certain payees? Very likely, especially when some ppl are cycling five figures monthly through those payees via MSPoutinesauce wrote: ↑ I really don't think that CTFS will remove the bill pay feature. They make too much money on interest from it.
They already devalued the Triangle card earnings in the everything else category, so I doubt further downgrades are coming.
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