BMO IGA Sobey Airmiles Mastercard | Credit card reward programs | Discussion forum

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BMO IGA Sobey Airmiles Mastercard
December 6, 2010
9:41 pm
Bobster
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Is it a bad idea to switch credit cards to take advantage of welcome bonuses? For example, BMO and IGA/Sobey came up with a new Mastercard that rewards holders 140 bonus airmiles for their first purchase. I have a BMO Mastercard 0.5% cash back that I seldom use and was thinking of switching to this card.

http://www.iga.net/bmo/?lang=en

December 9, 2010
7:25 am
Doug
British Columbia, Canada
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Personally, I'd limit my applications to one per year - and don't close the credit cards too often either. Otherwise, too many enquiries on your credit bureau affects your credit score.

Cheers,
Doug

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