Canada Debit Card Options
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When it comes to choosing a Canada debit card, numerous options exist. Interestingly, the debit card in general has a history of 20 years. At that time, the concept was old but the development of a card such as this was new. The public was introduced to a unique type of card that provided another payment option, one that would not get them into debt or cost them high interest rates and fees.[br]
When it comes to choosing a Canada debit card, numerous options exist. Interestingly, the debit card in general has a history of 20 years. At that time, the concept was old but the development of a card such as this was new. The public was introduced to a unique type of card that provided another payment option, one that would not get them into debt or cost them high interest rates and fees.[br]
In the last couple of years, more and more people are turning away from credit cards as they try to dig themselves out of debt, which has resulted in a huge rise for people using both American and Canada debit card. Because so many people are making this switch, issuing companies are creating programs whereby consumers are rewarded for using the debit card just as they would be if using a standard credit card. By 2006, more than 28.8 million debit cards were being used in North America and by 2016, experts anticipate numbers climbing to 34.4 million.
In Canada, a number of excellent card exist, which gives consumers a choice. The following are some of the options for a Canada debit card that people might consider:
Tire Options MasterCard
This particular Canada debit card is designed for retail purchases although it can be used around the globe and for thousands of merchants. Although anyone can get this Canada debit card, it has been shown to be one of the more popular choices for people who love shopping. This debit card offers cash advances, it offers better security for online buying, and when buying Canadian tire flyer items, they receive a nice discount.[br]
Applying for this Canada debit card is easy to get. People can simply go to the website and fill out an application, visit one of the Canadian Tire stores and get an application in person, or call the toll-free number. In fact, some of the Canadian Tire Gas Bars also have applications for this type of Canada debit card.
Canadian Imperial Bank of Commerce (CIBC)
This financial institution issues the CIBC Canada debit card, which is backed by Visa. With this bank having been in existence for more than 140 years, it has a strong reputation. This Canada debit card uses the most innovative chip technology, which features an easy to use tracking system for spending and fraud alerts and it can be used for cash advances around the world.
For anyone interested in getting a Canada debit card, it would be worthwhile to look at the various options to find the one that is going to provide the more rewards for use. In addition, consumers should look for a debit card that can be used in more places or places in other countries that they frequent.
