Credit Cards

Easy to churn card for big spending

  • Last Updated:
  • Aug 10th, 2021 9:10 pm
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[OP]
Deal Addict
Jun 15, 2021
1236 posts
1143 upvotes

Easy to churn card for big spending

Hi all. My 2 car insurance and house insurance are coming up. Looking for a card that is easy to get the rewards.

I saw that CIBC has 10% on everything up to 2k for 4 months. Not on their website but through GCR (only FYF showing up on their website). Unfortunately GCR is $0. But the reward is easy to get since the 10% gets added immediately, and you can claim it as soon as I get 25$ worth.

BMO also has a 10%, but it looks like only $1000 for everything (the other 1000 is a combination of gas/groceries, etc). I don't know how easy is to get the reward if anyone could chime in please.

I already did the amex 10%.

I'm open to other suggestions, but most rewards cards are more difficult to claim the rewards (for example HSBC you had to wait 6 months to receive the points, then book a hotel, then cancel, and then have access to the reward)
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4 replies
Member
Aug 26, 2017
306 posts
285 upvotes
BMO cashback is per statement and you can redeem it at anytime ($1 minimum).
Deal Addict
Feb 4, 2019
2687 posts
4385 upvotes
BC
https://www.reddit.com/r/churningcanada ... nada_2021/

Amex MR / MR-S are easy to redeem for cash at 1 cpp if you prefer that.

For example, Amex Business Edge through referral is effectively 10% on $5000:
Assuming you hit the $5000 MSR in the first month, you get 55K welcome bonus + 1K monthly spend bonus + 5K base earn = 61K points.
Redeem for $610, subtract $99 AF, equals $511 return on $5000 spend or 10.2%.

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