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How Canadian Credit Cards Differ
From American Credit Cards

Many people are wondering if there are any differences in Canadian credit cards over the well-known American issued credit cards. Well, for most aspects of credit card functionalities, Canadian and American credit cards do not have any major differences as credit cards from both countries are widely accepted whenever Visa or MasterCard is honored.
And just like in the United States, there are Canadian credit cards that are designed for travel; cash back rewards; or air miles. Currently the popular Canadian cards include the TD Green Visa, RBC Royal Bank Visa credit cards and CIBC credit cards. The TD Green Visa credit card does not have an annual fee and offer rewards on car rentals. On the other hand the RBC Royal Bank offers a wide range of Visa personal credit cards that feature reward points that can be exchange to airfare tickets while CIBC offer benefits such AVIS car rental discounts and Common Carrier Accident Insurance.
They also have secured credit cards for those individuals with unsatisfactory credit rating and for those who wanted to rebuild their credit score. The popular secured Canadian credit cards are Horizon Plus MasterCard and Home Trust Secured Visa where cardholders are required to open and maintain certain amount of deposits to back up their credit card accounts.
Although, when it comes to varieties, it is common knowledge that American credit cards are more diverse because for some reason, credit card options in Canada are somehow not that much. However, there are ample credit cards to choose from and even they are not as diverse as the American credit cards, cardholders of Canadian cards still enjoy the same privilege as owning a credit card from the US.
Likewise, majority of credit card companies in the United States such as Capital One, Chase, Sears and MBNA credit cards are extending their banking and credit card services in Canada and hence, most of the benefits, rewards and privileges of standard US credit cards are very much the same in Canada. In fact, there is also American Express credit cards that are issued in Canada because American Express has operation office in this country.
So whether it is a Canadian or American credit card, their slight differences does not really matter because they are both acceptable worldwide and the basis for applying and getting credit card approval for both countries are almost the same. Lastly, Canadian credit cards can provide the same purchasing power to its consumers just like any credit cards that are issued in the United States.