What's the reward value of a higher credit score for you? - Canada
If you don't yet have good or excellent credit, you may be wondering what's in it for me? Your credit score can have an impact on your mortgage rate, auto insurance premiums, and the value of the rewards you earn from your spending through credit cards. But how much of a difference can it make for you?
The Pareto ranking feature of our tool can be used to quickly see how much of a difference a higher credit score could make in your reward earnings for your expenses. To do that, we've preset the preferences below to Pareto rank cards based on the tradeoff between the average annual rewards you can earn from a card and the effort required to achieve the credit score needed to qualify for that card.