Canadians had already embraced online shopping at record levels coming into 2020. The COVID-19 pandemic significantly accelerated the growth of e-commerce. Millions of Canadian consumers now do most of their shopping online. Canadians who have embraced these habits should look to utilize the best credit cards for this purpose. That way, consumers can get the best bang for their buck as they gear up for summer purchases.
The Rogers World Elite Mastercard is available to Canadians with a personal annual income of $80,000 or at least $150,000 for the household. This card offers a 1.5% cash back on every purchase and 3% on website purchases made in U.S. currency. Moreover, consumers are granted a welcome bonus of $25 when they make a purchase within three months.
Toronto-Dominion Bank offers the TD First Class Travel VISA Infinite Card. This earns consumers three points per dollar spent. Moreover, the card comes with a welcome bonus of 60,000 TD Rewards points. This equals a travel value of $300 for those who want to cash in. The card requires an annual income of $60,000 personally or $100,000 for the household.
Finally, investors enthusiastic about Amazon shopping can target the Amazon.ca Rewards Mastercard. The no-fee card earns 2.5% in Amazon Rewards points per dollar spent on Amazon.ca. This is for Amazon Prime Members only. There is also a welcome bonus of 5% on Amazon.ca for the first six months up to $150 in rewards. There is no income requirement specified on this particular card.
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