If you love to shop, earning rewards on your spending is a no-brainer. Several major retail stores offer co-branded credit cards which can earn you rewards, discounts and other special benefits.
The big thing to remember about store credit cards is that they typically have high interest rates. Maintaining a balance on store credit cards will eat away at your rewards faster than you can earn them, so make sure to pay them off monthly in order to really reap in the benefits.
Amazon.ca Rewards
Amazon offers one co-branded credit card that can earn you Amazon Rewards points on your purchases. These points are worth 1 cent each and are automatically converted to a $20 Amazon.ca gift card once your balance reaches 2,000 points.
Canadian Tire Money
Canadian Tire offers two co-branded credit cards (and a third card that is invite only) that you can use to earn CT Money on your purchases. CT Money is worth face value.
Costco Rewards Canada
Costco offers one co-branded credit card that you can use to earn Costco Rewards on your everyday spending. Rewards earned with the card can also be stacked with rewards earned by having Costco Executive membership.
PC Optimum Rewards
PC Financial offers three credit cards that you can use to earn PC Optimum points on everyday purchases and travel. All three cards have no annual fee and you can use them to earn as much as 30X points on your purchases.
Walmart Rewards Canada
Walmart offers two co-branded credit cards that earn Walmart Rewards Dollars. These Dollars are worth face value and can be redeemed in $5 increments towards purchases made online at walmart.ca and at Walmart stores in Canada only.
