Last summer, I blogged about how I upgraded one of my credit cards by cancelling the old one and applying for one with higher cash back.
My campaigns were starting to skyrocket at that time, especially my spending (my ROI wasn’t so great!), and I wanted to take advantage of all the paid traffic I was purchasing with my credit card.
The post explains that the best card I could find at the time, for cash back (I don’t travel enough for a travel card to be worth it to me), was 1% (save for a somewhat sketchy 1.5% card which I opted not to try) – credit card perks in Canada are nowhere near as good as those in the States.
My old card was 0.5% cash back and had an annual cap of $250 (in refund), so that was definitely a pretty pointless card to have. My new one was 1% with an unlimited cap, although with an annual fee of $100 per year.