We usually sign up for credit cards because of special features and benefits – from cash-back earning rates to travel perks to balance transfer offers. And one feature that may make or break your decision between one credit card or another is the welcome promotion – a special bonus that adds value for new credit card holders.
You’ve likely come across providers offering a lump-sum of cash-back or rewards points, free vouchers for airport lounge entry or companion flights, first-year annual fee exemptions…
Many credit card issuers give away these bonuses as soon as your account is opened, no questions asked. However, the most lucrative bonuses may require you to fulfill specific criteria first (like spending a certain amount or making an initial purchase).
Moreover, these promotions generally run for a limited time, so before it’s too late, check out the best credit card welcome bonus offers for this month:
Scotiabank PassportTM Visa Infinite* Card
Sign up for the Scotiabank PassportTM Visa Infinite* Card during this limited time offer, new cardholders can earn a one-time 25,000 Scotia Reward point bonus, with the first $1,000 spent on eligible purchases, within the first 3 months. Plus, receive a $50 e-Gift Card from RateSupermarket.ca when your application is approved.
This card offers 2x Scotia Rewards points on every dollar you spend on eligible purchases, no mark-up on foreign exchange transactions, and Complimentary Airport Lounge Access.
Sign-Up Bonus Expiry Date: August 31, 2019
Scotiabank®* Gold American Express® Card
Apply for the Scotiabank®* Gold American Express® Card and earn up to 30,000 bonus Scotia Rewards points within your first year (that’s up to $300 in rewards!).
Additionally, this card features Amex exclusive benefits (Front of the Line), and earns five Scotia Rewards points for every $1 spent on eligible grocery store, dining & entertainment purchases, three Scotia Rewards points on eligible gas station & applicable transit purchases, and one Scotia Reward point on all other eligible purchases.
Sign-Up Bonus Expiry Date: December 30, 2019
MBNA True Line® Mastercard® Card
Sign up for the MBNA True Line® Mastercard® Card and get a zero percent promotional interest rate, for the first 10 months of card membership, on balance transfers completed within 90 days of opening the account. A fee of three percent does apply to the amount advanced, with a minimum fee of $7.50.
This card has no annual fee, and after the promotional period expires a comparatively low interest rate of 12.99 percent will apply to eligible purchases, and unpaid balance transfers.
Sign-Up Bonus Expiry Date: N/A (Subject to change without notice)