Hubert Mastercards Coming Soon | Page 2 | Hubert Financial | Discussion forum

Their travel card may be worthwhile for some people. It offers free travel health insurance to age 75 for specified time periods. The only other card that I know of that offers this is the one from Meridian but not directly comparable as it's Visa, although there may be others. Most cut off the health insurance at age 65, if they offer it at all.

This card is expensive, at $199, but, still, it might work out for a healthy 72-yr old who shops at Costco a lot and travels frequently for no longer than 2 weeks at a time. A narrow range - not exactly a market!

If this is the best Hubert can do, then they should stick to their core business, give us better rates, and stop spending our money on developing products with limited appeal. The credit card market is fairly full already, from what I can see. Apart from Tangerine's short-lived effort, there have been no significant improvements in credit card offerings for quite a while - except for the unheralded increase in the travel health insurance to age 75 and $5million. Mostly, they have gotten worse - e.g. Tangerine, changes in foreign currency transactions, reductions in cashback from MBNA, etc..

Cranston said
Disappointing for sure!!! Would you not think that most of us here respect them for their High Interest Savings and GIC Rates, service and a pretty good system? How do these MasterCard offers now impact on your overall opinion of Hubert??

It looks like to me there is a bit of a misnomer here for the "Hubert Cash Back Mastercard you’ll earn cash rewards on all your purchases. The best part is you get to decide what you do with them! See the list of all the current rewards here!"

Calling it a Cash Back card but is only a "Rewards" card. Think about it?? Hard earned "cash" for over priced "rewards" that may or may not be available. This looks like to me, as a another version of the already flubbed up Air Miles program.  

I'd rate it a 1/5 (both cards). I've read a bit more and these cards are really sub-par.

I think they just made them so they can try to sell more products.

Peseta said
Forex is 2.5% which is disappointing but not surprising.

Maybe the reason why almost no one offers a no-forex card is due to the fact that Canadians seem to be happy paying fees (not just forex but bank fees in general).  

There is the Amazon card Visa.

Peseta said

I believe Chase stopped issuing Amazon Visa cards as of April of this year.  

Oops I am sorry. I knew that, but forgot!! I must have received mine a few days before the cut off. Since Chase is the real isssuer I am waiting for "bad news" some time soon.

Another option is to spend less abroad. The Canadian economy could use your help, and it helps you in the end.
I know this sounds corny, and not always feasible, but, still, worth thinking about alternatives where possible...

Top It Up said

Yeah, no ... fat chance that I'm going to forgo spending 2-3 months a year in Europe and visit Casa Loma, instead.  

Can't argue with your logic, LOL.

Cranston said

Oops I am sorry. I knew that, but forgot!! I must have received mine a few days before the cut off. Since Chase is the real isssuer I am waiting for "bad news" some time soon.  

There is the FIDO MasterCard. I was planning on getting the Amazon VISA until I found out Chase closed new applicants. FIDO has a better net rate although you are still paying the FX fee and best part, there is no annual fee, just like Amazon VISA.

And who knows if Amazon VISA will continue once your card expires too.