Details of the changes to Meridian credit cards and earn 2x status miles when you fly on Royal Air Maroc out of Montreal

Here’s your Rewards Canada update! Your near daily dose of
loyalty program, credit card and travel news, bonuses, deals and more.

A few weeks ago we let you know that Merdian Credit Union
stopped accepting applications for their cards. The credit union stated
they were going to change providers and update their cards for the
fall. Meridian has new revealed some of the details of their new cards
which should be available in October. The biggest change is that they
will now be issuing the cards themselves rather than with Collabria (as
many credit unions do). 

It also looks like they are taking page from
some other banks’ playbooks with their marketing/rewards tactics as they
state “There will be a small change in the points earn rate
structure, with no real impact for the Meridian Visa Cash Back Card and
the Meridian Visa Infinite* Travel Rewards Card.”
and yet there is an impact. Here are the earn rates for the two cards they have revealed the details for:

Meridian Visa Cash Back Card

  • Earn 2 points for every $2 spent on gas, groceries, pharmacy, utility bill payments (previously 1 point for every $1)
  • Earn 1 point for every $2 spent on all other purchases (previously 0.5 points for every $1)

Meridian Visa Infinite* Travel Rewards Card

  • Earn 6 points for every $2 on purchases in foreign currencies (previously 3 points for every $1)
  • Earn 3 points for every $2 spent on all other purchases (previously 1.5 points for every $1)

You’ll notice everything is “for every $2” and depending on how
points are awarded – either per purchase or per statement you’ll be
earning less than before. If it is per purchase and that purchase is $15
you’ll only earn points for $14 of that purchase. Over the a period of
time that can add up to a lot of a points lost. If, per chance is by
statement, it won’t be as bad as you may only lose out on a point or two
each month. For example if your statement amount is $1019.57 you’ll
only lose the points for the $1.57 above $1018.

Not the greatest move on Meridian’s part in terms of rewards – I mean
it is better for them as they’ll be issuing fewer points but
unfortunate for those who do have or will be planning on getting one of
their cards.

Click here to learn more about the Meridian card changes.

Image via Meridian

If you are planning on flying Royal Air Maroc between
Montreal and Casablanca anytime between now and the end of the year and
credit those flights to Safar Flyer (RAM’s frequent flyer program)
you’ll earn double elite status miles. No registration is required, simply make sure your Safar Flyer number is included on your reservation. Click here to learn more. 

Image via Royal Air Maroc 

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