Overview of credit card features
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| no | - Travel Accident Insurance
| yes | - Trip Cancellation Insurance
| no | - Trip Interruption Insurance
| no | | no | | no | | no | - Price Protection Insurance
| yes | - Extended Warranty (1 Year)
| no | - Purchase Protection (90 days)
| yes |
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Card details
American Express Essential Credit Card; $0 annual fee; ongoing 12.99% purchase APR (one of the lowest of any Amex card in Canada); no rewards program (trades rewards for a low rate); 21.99% cash advance APR; 2.5% foreign transaction fee; baseline insurance: buyers assurance, purchase protection, travel accident, common carrier accident; Front of the Line presales; Amex Offers; reports to Canadian credit bureaus to help build credit history.
This card is good for:
Cardholders who carry a month-to-month balance and want the lowest possible Amex APR over rewards.