The top plastic picks have been crowned in RateSupermarket.ca's annual Best of Finance Awards
TORONTO, Dec. 3, 2014 /CNW/ - Roll out the red carpet - awards season has arrived with the annual Best of Finance rankings presented by RateSupermarket.ca, Canada's comprehensive financial rates comparison resource. The awards, which highlight the best banking products for consumers, kick off December with the top credit cards available in Canada.
"The right credit card, when used appropriately, can be a powerful financial tool," says RateSupermarket.ca Editor Penelope Graham. "Whether Canadians are looking to earn high-value rewards, offset daily spending, or control lingering debt, it's important to select a card with features that will aid in achieving those financial goals."
And without further ado… meet this year's best credit cards:
The Best CashBack Rewards Credit Cards
The Best Travel Rewards Credit Cards
The Best Low Interest Credit Cards
The Best Low Balance Transfer Credit Cards
Best of Finance Awards Methodology:
To select the winners, each credit card's value was extrapolated over a 24-month period, taking into account all promotional rates, bonus gifts, annual purchase rates and fees to determined the total value earned or saved. Calculations were based on the median Canadian household income* and average Canadian household spending expenditures as reported by Statistics Canada**.
About RateSupermarket.ca ( www.ratesupermarket.ca )
Over 7 Million Canadians have found their best rate for personal finance products on RateSupermarket.ca. Launched in 2008, RateSupermarket.ca is Canada's largest and most comprehensive rate comparison site, offering visitors transparent access to the best mortgage rates as well as credit cards, bank accounts, insurance quotes and GIC rates.
Image with caption: "RateSupermarket.ca (CNW Group/RateSupermarket.ca)". Image available at: http://photos.newswire.ca/images/download/20141203_C7066_PHOTO_EN_8895.jpg
For further information: Tara Bolger, Blue Sky Communications, p:416 929 2052, e:[email protected]