There are plenty of credit cards out there. And a million dollar question is: what is the perfect card for me?? Is it really worth paying an annual fee for a card, when there are cards available with no fee? When I got my first credit card, my priority, like most people, was not to pay any annual fee. The bank guy tried to explain me the benefits and rewards associated with a fee based card, but all I understood was that he was trying to sell me something, I could get for free. So after using that no fee card for a good year and a half, after comparing features of a lot of reward based cards and after crunching a few numbers on my calculator, I decided to switch to a card which earn reward points for me and like just about everything in life, that came with an annual fee.

We all travel. It’s not a matter of ’íf’ but a matter of ‘when’ we travel. I was using my card for all living expenses like utilities, groceries, travel etc. My monthly bill was a little over a thousand bucks a month. So with a point-a-dollar math, I earned about 15,000 points a year, and in three years time, I had almost 60,000 points coz there was a 15,000 points bonus. Now that is all the points you need to travel to Europe from Canada. So paying $120 a year for a trip to Europe every three years, that sounds like the deal I will always be interested in. I am pretty sure, my next trip to Europe will be more fun coz its paid for by the bank.
Happy travel