Credit CardsJessica Hemrich

BMO SPC CashBack MasterCardCard Features:

• CashBack: An annual rebate to your credit card: $1 cash back for every $200 spent on your card

• NO ANNUAL FEE

• SPC (Student Price Card Ltd.) discounts of 10% to 15% at hundreds of your favourite stores

• Earn 1.5% CashBack at Shell locations in Canada

• Earn 1.5% CashBack and get up to 25% off rentals5 at National Car Rental & Alamo Rent A Car locations worldwide

• 19.9% interest rate (or 12.9% for an additional $45/year)

The RBC® Cash Back MasterCard Card Features:

• Purchase Rate:19.99%

• Cash Advance Rate: 21.99%

• Annual Fee: $0

• Earn 2% cash back credits† on grocery store purchases.

• Earn up to 1% cash back credits† on all other purchases and pre-authorized payments* made with your RBC Cash Back MasterCard.

The RBC Royal Bank® Visa‡ Classic Low Rate Card Features:

• Purchase Rate: 11.99%

• Cash Advance Rate: 11.99%

• Annual Fee: $20

• Additional Card: $0

•Worldwide access to cash advances of up to $500 daily (up to your available credit limit)††

•Accepted at more than 600,000 locations in Canada and over 24 million worldwide

•Time-saving autopayment service

•Commission-free travellers cheques

MacBook Air

Price: $1,449.00

Specifications:

• 13-inch MacBook Air

• 1.6GHz Dual-Core Intel Core i5, Turbo Boost up to 2.7GHz

• Intel HD Graphics 6000

• 4GB 1600MHz LPDDR3 SDRAM

• 256GB PCIe-based Flash

I would like to buy myself a MacBook Air because it would be nice to have a new computer of my own that is reliable. It would be convenient to have for doing homework as well as storing music, photos, etc.

Debt Repayment

Debt Repayment

My Future With Credit Cards In the future I think I will try to avoid using credit cards and make purchases that I can actually afford using my money in savings. I feel like it is inevitable that I will end up using a credit at some point, but I will try my best to make wise purchases. If I did use a credit card I’m afraid I would overspend and end up in debt. However, if I do use a credit card I will most likely pay everything on time, so having bad credit/debt probably won’t be too much of an issue for me.