WhatBank – Credit Card Assumptions and Model Updates
Sometimes credit cards change how you accumulate points or cash back. This page shows if WhatBank’s credit card model is up to date as well as spending assumptions used by WhatBank to calculate a value for each card.
All Cards
- Not using promotional interest rate for purchases
All AIRMILES Cards
- If you select Statement Credit and an AIRMILES card is in the top five, assume the cash value is in the form of AIRMILES Cash Miles
AMEX
If you’re using AMEX cards for flights, WhatBank adds up your Membership Rewards and calculates the points value based on two methods.
Using AMEX’s Fixed Points Travel Program
Transferring the points to Aeroplan.
American Express Aeroplan
-
Model: up-to-date, revised September 23, 2022
American Express Aeroplan Reserve
- Flights are purchased through Air Canada or Air Canada Vacations
- Car rental and hotels are purchased directly with the merchant or through American Express Travel Services
-
Model: up-to-date, revised September 23, 2022
American Express AIR MILES
-
Model: up-to-date, revised June 11, 2022
American Express AIR MILES Platinum
-
Model: up-to-date, revised June 11, 2022
American Express AIR MILES Reserve
-
Model: up-to-date, revised July 15, 2022
American Express Cobalt
-
Model: up-to-date, revised June 11, 2022
American Express Essential
-
Model: up-to-date, revised June 11, 2022
American Express Green
- Hotel and car rental are made through the American Express Travel website
-
Model: up-to-date, revised June 11, 2022
American Express Platinum
- The $200 Annual Travel Credit only gets included when points are used for flights
- Hotel and car rental are made through the American Express Travel website
-
Model: up-to-date, revised September 23, 2022
American Express SimplyCash
-
Model: up-to-date, revised October 14, 2022
American Express SimplyCash Preferred
-
Model: up-to-date, revised October 14, 2022
BMO
Car rentals are assumed to be through National or Alamo unless otherwise stated.BMO AIR MILES Mastercard
- Not adding an additional cardholder so not getting additional miles
- 2/3 of gas purchased is at AIR MILES partner
- 80% of groceries purchased is at AIR MILES partner
- 100% of car rental at Budget, Alamo, or National
-
Model: up-to-date, revised June 11, 2022
BMO AIR MILES World Elite Mastercard
- Not adding an additional cardholder so not getting additional miles
- 2/3 of gas purchased is at AIR MILES partner
- 80% of groceries purchased is at AIR MILES partner
- 100% of car rental at Budget, Alamo, or National
- You require 25% fewer miles for flights when you book through airmiles.ca (up to a maximum of 750 Reward Miles).
-
Model: up-to-date, revised July 1, 2022
BMO Ascend World Elite Mastercard
-
Model: up-to-date, revised June 11, 2022
BMO CashBack Mastercard
-
Model: up-to-date, revised June 11, 2022
BMO CashBack World Elite Mastercard
-
Model: up-to-date, revised July 2, 2022
BMO eclipse Visa Infinite
- Not adding an additional cardholder so not earning 10% more points on all purchases
-
Model: up-to-date, revised June 11, 2022
BMO eclipse Visa Infinite Privilege
-
Model: up-to-date, revised July 2, 2022
BMO Preferred Rate Mastercard
-
Model: up-to-date, revised June 11, 2022
BMO Rewards Mastercard
- 100% of car rental at Alamo or National
-
Model: up-to-date, revised June 11, 2022
Students – BMO AIR MILES Mastercard
-
Model: up-to-date, revised June 11, 2022
Students – BMO CashBack Mastercard
-
Model: up-to-date, revised June 11, 2022
CIBC
Travel purchased through CIBC Rewards Centre.
CIBC card is linked to Journie gas card. 2/3 of gas is purchased at Pioneer, Ultramar, or Chevron gas stations.
CIBC Aeroplan Student Visa
-
Model: up-to-date, revised September 8, 2022
CIBC Aeroplan Visa
-
Model: up-to-date, revised September 8, 2022
CIBC Aeroplan Visa Infinite
- No annual fee rebate because WhatBank assumes you do not have a CIBC Smart Plus Account
-
Model: up-to-date, revised November 7, 2022
CIBC Aeroplan Visa Infinite Privilege
- Air Canada purchases are done directly with Air Canada
-
Model: up-to-date, revised November 7, 2022
CIBC Aventura Gold Visa
-
Model: up-to-date, revised July 1, 2022
CIBC Aventura Student Visa
- You do the 5 activities required to earn 2500 pts within the first month
-
Model: up-to-date, revised June 11, 2022
CIBC Aventura Visa
- You do the 5 activities required to earn 500 pts within the first month
-
Model: up-to-date, revised June 11, 2022
CIBC Aventura Visa Infinite
- The $200 Annual Travel Credit only gets included for flight calculations
- Just the first year annual fee is rebated because WhatBank assumes you do not have a CIBC Smart Plus Account
-
Model: up-to-date, revised November 7, 2022
CIBC Aventura Visa Infinite Privilege
-
Model: up-to-date, revised November 7, 2022
CIBC Costco Mastercard
- Must have a valid Costco Wholesale membership
- The CIBC Costco Mastercard is a rewards card whose reward takes the form of a Cash Back Gift Certificate that can only be redeemed for purchases at Canadian Costco Wholesale warehouse locations
-
Model: up-to-date, revised June 11, 2022
CIBC Dividend Platinum Visa
-
Model: up-to-date, revised June 11, 2022
CIBC Dividend Student Visa
-
Model: up-to-date, revised July 21, 2022
CIBC Dividend Visa
-
Model: up-to-date, revised June 11, 2022
CIBC Dividend Visa Infinite
- Only first year annual fee is rebated because WhatBank assumes you do not have a CIBC Smart Plus Account
-
Model: up-to-date, revised June 11, 2022
CIBC Select Visa
-
Model: up-to-date, revised June 11, 2022
PC Financial
PC Financial cards are rewards cards whose reward takes the form of PC points that can only be redeemed for purchases at Loblaws affiliated stores.
Gas – 3/4 of gas purchased is from Esso/Mobil
Drugstore – 100% at Shoppers Drug Mart
Groceries – 100% at PC Point grocery stores
Travel/Hotel/Car Rental – 100% through PC Travel
PC Point grocery stores include: Loblaws, No Frills, Valu-mart, Zehrs, Real Canadian Superstore, Independent, Fortinos, Wholesale Club.
Two visits per year to Shoppers are during 20X points days.
PC Financial Mastercard
-
Model: up-to-date, revised June 11, 2022
PC Financial World Elite Mastercard
-
Model: up-to-date, revised June 11, 2022
PC Financial World Mastercard
-
Model: up-to-date, revised June 11, 2022
RBC
Gas – 2/3 of gas purchases is from Petro Canada. The value of earned Petro Points is included in the value of all RBC cards.
Drugstore – 80% of drugstore purchases is from Rexall
RBC Avion Visa Infinite
-
Model: up-to-date, revised June 11, 2022
RBC Avion Visa Infinite Privilege
-
Model: up-to-date, revised June 11, 2022
RBC Avion Visa Platinum
-
Model: up-to-date, revised June 11, 2022
RBC Cash Back Mastercard
-
Model: up-to-date, revised June 11, 2022
RBC Cash Back Preferred World Elite Mastercard
-
Model: up-to-date, revised June 11, 2022
RBC RateAdvantage Visa
- Purchase interest rate is RBC Prime + 8.75%. Your rate will vary based on RBC’s credit assessment.
-
Model: up-to-date, revised June 11, 2022
RBC ION Visa
-
Model: up-to-date, added September 11, 2022
RBC ION+ Visa
- Don’t get monthly fee rebate since don’t have RBC Signature No Limit Banking or RBC Advantage Banking for students account.
-
Model: up-to-date, added September 11, 2022
RBC Visa Classic Low Rate Option
-
Model: up-to-date, revised June 11, 2022
RBC Visa Platinum
-
Model: up-to-date, revised June 11, 2022
WestJet RBC Mastercard
- If student, assume no annual fee since have RBC Advantage Banking account
-
Model: up-to-date, revised June 11, 2022
WestJet RBC World Elite Mastercard
-
Model: up-to-date, revised December 7, 2022
Scotia
Travel is purchased through Scene+ Travel.Scotiabank eligible grocery stores include: Sobeys, IGA, Safeway, Foodland, FreshCo, Voilà by Sobeys, Voilà par IGA, Voilà by Safeway, Chalo! FreshCo, Thrifty Foods, IGA West, Les Marchés Tradition, Rachelle Béry, and Co-Op.
L’earn Visa
-
Model: up-to-date, revised June 11, 2022
Scotiabank Scene+ Visa
- Groceries – 100% at Scotiabank eligible grocery stores
- Maximum Scene+ points awarded for purchases made at Cineplex is $3,600 / month
-
Model: up-to-date, revised November 8, 2022
Scotiabank Scene+ Visa Card for Students
- Groceries – 100% at Scotiabank eligible grocery stores
- Maximum Scene+ points awarded for purchases made at Cineplex is $3,600 / month
-
Model: up-to-date, revised October 3, 2022
Scotia Momentum Mastercard
-
Model: up-to-date, revised June 11, 2022
Scotia Momentum No-Fee Visa
-
Model: up-to-date, revised June 11, 2022
Scotia Momentum Visa
-
Model: up-to-date, revised June 11, 2022
Scotia Momentum Visa Infinite
-
Model: up-to-date, revised June 11, 2022
Scotiabank American Express
- Groceries – 100% at Scotiabank eligible grocery stores
-
Model: up-to-date, revised November 8, 2022
Scotiabank Gold American Express Card
- Groceries – 100% at Scotiabank eligible grocery stores
- Annual fee since WhatBank doesn’t assume you have Ultimate or Preferred Package
-
Model: up-to-date, revised November 8, 2022
Scotiabank Passport Visa Infinite
- Groceries – 100% at Scotiabank eligible grocery stores
-
Model: up-to-date, revised November 8, 2022
Scotiabank Platinum American Express
-
Model: up-to-date, revised November 8, 2022
Scotiabank Value Visa
-
Model: up-to-date, revised June 11, 2022
Tangerine
WhatBank automatically chooses the two largest spending categories as the Money-Back Categories. WhatBank assumes two, not three, spending categories because the cash back is not auto-deposited into a Tangerine savings account.Tangerine Money-Back
-
Model: up-to-date, revised July 28, 2022
Tangerine World MasterCard
-
Model: up-to-date, revised July 28, 2022
TD
Travel is purchased through Expedia online.TD Aeroplan Visa Infinite
-
Model: up-to-date, revised January 6, 2023
TD Aeroplan Visa Infinite Privilege
-
Model: up-to-date, revised January 6, 2023
TD Aeroplan Visa Platinum
-
Model: up-to-date, revised September 6, 2022
TD Cash Back Visa
-
Model: up-to-date, revised June 11, 2022
TD Cash Back Visa Infinite
-
Model: up-to-date, revised November 5, 2022
TD Emerald Flex Rate Visa
- Purchase interest rate is TD Prime + 8.75%. Your rate will vary based on TD’s credit assessment.
-
Model: up-to-date, revised June 11, 2022
TD First Class Travel Visa Infinite
-
Model: up-to-date, revised November 5, 2022
TD Platinum Travel Visa
-
Model: up-to-date, revised June 11, 2022
TD Rewards Visa
-
Model: up-to-date, revised June 11, 2022