Credit Card Spending Caps

RWRDS Daily Update – December 13

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

Loyalty Lesson: Credit Card Spending Caps Explained

We recently posted a Loyalty Lesson that delved into the perplexing 5x points earn rate on the National Bank of Canada World Elite Mastercard. More so, it was a look at the spending cap for the card’s 5x points earn rate and really how convoluted it is. That made us think that we should put together a guide on credit card spending caps as they are quite prevalent in the Canadian market across many of the issuers – not just to National Bank.

Many of the banks also bury the details of spending caps in the foot notes or terms and conditions of their cards making them hard to find. So you can use this guide as quick reference to see what limitations, if any, you may encounter when getting a card.

Continue on here to the main Rewards Canada the read the entire Loyatly Lesson

Additional 5x points Cobalt Multipliers

Cobalt Multipliers

Three more confirmed American Express Cobalt Card locations for you! Thanks to Jeff for letting us know that Oak Restaurant in Aruba is 5x points and tells us “I highly recommend it. Just don’t go without a reservation.” And then James continues to provide locations in the GTA area and they Dave & Buster’s as well as Pho Saigon St. Both of these are 5x points as well.

Check out the list American Express Cobalt Card Confirmed Multiplier Locations here

New Plaza Premium Lounge in Orlando

A few months one of readers commented on a DragonPass post that they were disappointed in the change from Priorty Pass to DragonPass on their credit card as they longer had a lounge to visit in Orlando International Airport (MCO). Well that should change very quickly as Plaza Premium has now opened up a lounge at MCO! It is on Plaza Premium’s website but does not show up on the DragonPass websites just yet. Given their partnership however I would have to wager a strong guess that this lounge will be (or even already is) accessible to DragonPass members. Orlando is a very popular destination for Canadians and accessing this lounge will be great….. for those flying Lynx or Sunwing. The lounge is in Terminal C which currently only houses Lynx and Sunwing from the Canadian carriers that fly to MCO.

Learn more about the new lounge here.

Image via Plaza Premium


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Deals:

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Canadian Bonus Offers

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Other Bonus Offers

Copa ConnectMiles
– Receive up to a 50% when you buy 5,000 or more ConnectMiles. Valid until Jan 13, 23. More…

Emirates Skywards
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Etihad Guest
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Finnair Plus
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Iberia Plus
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Marriott Bonvoy
Riverhead 3,000 bonus Bonvoy Points per stay at The Residence Inn Long Island East End. Book now for stays until Jan 24, 23. More…

Preferred Hotel Group I Prefer
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Wyndham Rewards
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