Are you a Shopping lover? And, you are not able to shop every day just because you are afraid of your financial situation? Then, don’t worry Best Store Credit Cards Canada is your best Saviour. As it comes up with exciting offers, rewards, and cashback which makes your life easier and lightens up your burden. Here is the list of Best Store credit cards in Canada.

What is Store Credit Card?

You must be confused that what is the Best Store Credit Cards in Canada after all. Don’t worry we have got your back.

Store Credit cards are credit cards that can be used only at a specific brand or store to get more rewards. Retailer partners with Banks and provide credit cards to customers to encourage them to purchase on credit and pay off later. Whenever a customer purchases through that credit card, they get cashback, points, and various rewards. Those points can be redeemed later on for free purchases and merchandise. Below are the details of the 5 Best Store Credit Cards in Canada. 

5 Best Store Credit Cards in Canada 2021

If you are a regular visitor of the US and most of your expenses are done in USD. Then it might be troublesome for you to exchange the currencies more often. So, it’s better if you get US Dollar Credit cards from Canadian Bank.

As US Dollar credit card allows you to purchase items in the US without any currency conversion, which really saves your foreign transaction fee. And you don’t need to be updated regarding the current USD-CAD exchange rate.

Is a US Dollar Credit card worth it?

Absolutely, US Dollar Credit cards are worth every penny if you frequently make purchases in the US dollar. It waives off your currency conversion charges which totally is a relief. Sigh. We have mentioned the list of Best US Dollar Credit Cards in Canada below:

5 Best US Dollar Credit Cards in Canada

Scotiabank US Dollar Visa Card

Key features:

• Annual fee: $35USD
  
• Cash advance rate: 22.99%
  
• Credit Limit: $500.00 Minimum
  
• No US currency conversion fee
  

Scotiabank US Dollar Visa card is the Best US dollar credit card because it’s eligible for apple pay and google pay. And it also provides various rewards, cashback.

Scotiabank US Dollar Visa card Rewards/Benefits:

• Purchase security and extended warranty.
  
• If you participate in AVIS Car rental locations worldwide then you will get a 20% discount.
  
• You can pay your visa statement with US dollars easily from the scotia US dollar daily interest account. Or if you don’t have any, then open one easily through Scotia Online Financial services.
  
• Free supplementary card.
  
• Insurance protection.
  

BMO US Dollar Mastercard

Key features:

• Annual fee: $35
  
• Purchase interest rate: 19.99%
  
• Cash advance rate: 22.99%
  
• If you purchase a total of $1000 US dollars or more in a year then your next year’s annual fee will be waived off.
  

BMO US Dollar Mastercard is counted as the best US dollar credit card as it gives you 15% off admission to Cirque du Soleil shows touring in Canada and even 20% off on resident shows in Las Vegas.

BMO US Dollar Mastercard Benefits:

• You can add another cardholder for free.
  
• Extended warranty and purchase protection are provided.
  
• Easy access to your credit scores, just by logging into your mobile or through online banking for free.
  
• You can reset your PIN directly and issue the statements through your mobile app.
  
• Zero liability protection helps you from any loss resulting from theft or fraud.
  
• BMO Alerts, whenever you make a transaction to confirm if it’s really you.
  

[wps_note size=”17″ background=”#fae588″ color=”#333333″ radius=”3″]Are you a Shopping lover? And, you are not able to shop every day just because you are afraid of your financial situation? Then, don’t worry Best Store Credit Cards Canada is your best Saviour. Read our article on Best Store CC.

T.D US Dollar Visa Card

Key features:

• Annual fee: $39 USD
  
• Purchase interest: 19.99%
  
• Cash advances: 22.99%
  
• Credit limit: $1000 USD minimum
  

TD US Dollar Visa Credit Card Travel benefits:

• Trip Interruption Insurance: which gives $5000 coverage per insured person and max $25000 for all the insured person on the same trip.
  
• Emergency Travel Assistance services: it allows you to call when you are in need of help. It’s a toll-free number.
  
• Delayed and lost baggage insurance: it gives coverage up to $1000 in case of baggage lost or delayed for more than 6 hours.
  

TD US Dollar Visa Card Extra Benefits:

• you can use Apple pay or Samsung Pay wherever contactless payment is accepted.
  
• It allows you to ask for an emergency cash advance of up to $5000 for the TD US Dollar visa card.
  

RBC US Dollar Visa Gold

Key features:

• Annual fee: $65USD
  
• Purchase rate: 19.99%
  
• Cash advance rate: 22.99%
  

Although the RBC US Dollar Visa card is quite expensive but does provide some offers according to the value:

• As you can earn 1 RBC point per $1 USD you spend.
  
• Travel insurance, auto rental insurance, Damage insurance Trip cancellation/ Trip interruption, and Emergency purchase insurance.
  
• Along with these, Purchase security and an extended warranty are also provided.
  

CIBC US Dollar Aventura Gold Visa

Key features:

• Annual fee: $35 USD
  
• Purchase rate: 19.99%
  
• Cash advance rate: 22.99%
  
• Income required: $15,000 minimum
  

CIBC US Dollar Aventura Gold Visa offers you 1 point for every $1 you spend on travel purchases through their center. And 1 point on every $2 you spend on any other purchases.

CIBC US Dollar Aventura Gold Visa Extra benefits:

• No conversion fees.
  
• The trip can be booked at the very last minute, no need to be in a foreign exchange line-up.
  
• You can use your Aventura points to pay down your credit card balance easily.
  
• Travel insurance, Auto Rental Collision, and Loss Damage insurance.
  
• Purchase security and extended protection Insurance

Read Also: CIBC Dividend Visa Infinite Card Review

FAQs About US Dollar Credit card

Is a US Dollar Credit card worth it?

Absolutely, US Dollar Credit cards are worth every penny if you frequently make purchases in the US dollar.

Best Student Credit Cards in Canada – Attention! Want to save every penny possible!!!!!! When you are suddenly plunged into independence at the age of 18 (majority age for some provinces), the world of finance could be quite bewildering. Starting to save for the future and being financially responsible from a young age should be a befitting goal. 

Why do you need a Student Credit Card?

On having a student credit card in canada, various personal expenses during your college years like buying a car and others can be readily met even if you don’t draw an honorarium. Best Student credit cards can provide you with rewards and/ or cash-backs. The cardholder needs to be consistent in paying their monthly credit balance for their credit history to be healthy. Having a good credit history is essential to show financial responsibility in repaying the incurred debts, and would serve in the future for receiving larger credit. We recommend you use the Mogo Free Credit Monitoring tool to monitor your credit score monthly.  

Is it necessary to have a job?

College students aged 18 years or above (legal age varies per province) can apply for student credit cards. The majority of the banks do not imply for the student to have a specific job or income source. In the event they demand, the applicant can consider getting a part-time job or put forward an alternative income source, probably your parents’ income or guarantee, loans, or personal savings.

5 Best Student Credit Cards in Canada 2021

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Looking for a Credit Check before Applying for Student Credit Cards?

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CONCLUSION: Best Students Credit Cards Canada

The above-curated information is from meticulous research as I have not earned the opportunity to purchase the Best Student Credit Cards in Canada. The above 5 student credit cards in Canada are the best student credit cards currently available in Canada, as they have no annual fees and you can easily earn rewards or cash backs. Savings is a dominant issue among college students and the above student credit cards can assist to resolve those issues.

Tangerine Money-Back Credit Card: Review, Eligibility, Cashback, Pros and Cons

Tangerine credit cards are the best no-annual-fee credit card in Canada and Best Student Credit Cards in Canada. As you know how troublesome it is to find the best credit card in Canada that includes all the exciting features and is still able to fulfill our desires. Tangerine Money-Back Credit card makes it easy for you to save money on every purchase and return you with exciting cashback and Money-back rewards.

Although, no-fee credit cards are in high demand nowadays as customers are preferring affordability. And, Tangerine Credit card is one of them that provides maximum satisfaction to their cardholders.

Card Name & Issuer: Tangerine Money-Back Credit Card

Tangerine was established as ING DIRECT CANADA on April 27, 1997. Particularly, they don’t have branches everywhere but it’s more like a website. Its headquarters is situated in Toronto.

Tangerine Money-Back Credit Card Annual Fee

As you are aware of the fact that Tangerine money-back credit card doesn’t require an annual fee. Therefore, you are good to go.

Eligibility Requirements for Tangerine Money-Back Credit Card

• The Gross annual income required for this card is $12,000 or more.
• And you must have attained the majority age in Canada.
• Must be a permanent resident of Canada.
• No history of Bankruptcies.

Tangerine Money-Back Credit Card Rewards/Offers

• You will earn 2% money-back rewards on any two purchase categories and 0.50% Money-back rewards on any other purchase category.
• There is no prior limit on earning money-back rewards.
• You can deposit all your tangerine money-back rewards on Tangerine savings account and get an extra 2% money-back category.
• 2% Money-Back Categories includes:
  • Grocery
  • Furniture
  • Hotels
  • Gas
  • Recurring bill payments
  • Restaurant

How to Apply for Tangerine Money-Back Credit Card?

• Visit the official site of Tangerine Money-back credit card. You need to register an account to apply for it.
• If you already have an account then you can choose to log in.
• Then you will be presented with a form on that particular site.
• Tangerine will be asking you about the employment information, annual salary, mailing addresses, and contact information.
• Read the full statements and fill the respective form and submit it.

Insurance Coverage on Tangerine Money-back Credit Card

• Purchase insurance:
  Purchase assurance is provided to cardholders to cover loss, theft, or any damage on new purchases made anywhere in the world.
  The validity of this insurance is up to 90 days from the date of purchase.
• Extend warranty

Tangerine Money-Back Credit Card Pros

• The crucial pros of this card are that there is no annual fee required.
• You can choose your money-back categories by yourself.
• Your money back category can be increased added with extra benefits.
• You will get various cashback offers along with a welcome offer
• Compatible with mobile payment apps.
• Cashbacks can be easily redeemed and transferred to a savings account.

Tangerine Money-Back Credit Card Cons

• Tangerine Bank doesn’t have any branch anywhere. they are like a web portal bank.
• Regular cashback rewards are not enough alluring for customers.
• Insurance coverage isn’t up to the mark.
• The purchase protection period is very much limited.
• You cannot give cashbacks as cash or cheques.

Editor’s Review on Tangerine Money-back Credit card

Tangerine Money-back credit card is no doubt a top-notch card. And it doesn’t require an annual fee. But at the same time, its money-back returns rate is quite low as compared to any other no annual fee credit card. Tangerine money-back credit card gives you the advantage of choosing your 2% money-back categories for money-back returns and apart from that, you can increase your money-back category too.

However, the Insurance coverage is also not up to the mark and the 2% money-back rate is very modest. At last, I would say the Tangerine Money-back credit card is quite beneficial for those who prefer affordability and don’t want to pay an annual fee but expect satisfying offers. Then this card would be the best option as it’s compatible with mobile Payment apps like Gay. And Redeeming is easier for cardholders because the money-back rate gets transferred to the Tangerine savings account automatically and can be redeemed as per the user’s preference.

FAQs (Frequently Asked Questions)

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