 Hello everyone, this is financial author Ahmed Dunn of Ahmed Dunn.com. On this channel you'll find financial travel and more videos just like the one you're watching right now. If you like what you see, please give it a thumbs up and consider subscribing. Hello everyone, this is financial author Ahmed Dunn of Ahmed Dunn.com. Today I'll have another episode of a credit card video and I'll be presenting your Canada Best Credit Card for 2018. So for this video, I'll talk about a little bit from here and then for the next part of the video, I'll take you to my laptop screen where I'll be showing you some other things you need to know. So whenever you're looking at any best credit card rankings or any best credit card links or any website, keep in mind that these websites are in general about 99% of the times they're affiliated websites and they are actually actively promoting the credit card companies. So for example, if you look at the top five credit cards for the best viewers Canada 2018, the first credit card is the American Express Cobalt credit card. The second credit card is American Express Gold credit card. And the third credit card is RBC WestJet World Elite credit card. And the fourth credit card is SPG American Express credit card. And the fifth credit card is RBC Visa Infinite Avion credit card. So all these credit cards do not have any full travel insurance coverages and they do not provide concierge service, which is a main thing you should be looking at whenever you're choosing a best credit card, except the RBC Visa Avion Infinite credit card. So the American Express credit card, they maybe are good for obtaining points, but they're not a good credit card. They shouldn't be best travel credit cards because they're not giving you lots of valid features. The main important features just as I just mentioned that they do not cover a full travel insurance and then they do not have concierge services. So these are all actually affiliated links, which I'll show you in a moment how to detect if any credit card, any websites, they are promoting these credit cards and they're providing you with affiliated links so they can make money based on their ranking. So the more good things they say about the credit cards, the more people will sign up and the more people these sites will make money. So they are actively promoting these credit card companies and in order to get unbiased and honest opinion, check for those websites which do not provide any affiliated links or which are not affiliated any credit card companies. This website will not provide you any link and will not give you any even link. What it means that they're not collecting money from the credit card companies. And also I have my own website which is ameddan.com and I do credit card reviews, but you will not see any link which will take you to the credit card website to sign up for credit cards. And also on my YouTube channel you will not see any links which provides affiliated links that I can make money of those links. So let me take you to my laptop screen and I'm going to be showing you some very important things which will help you to detect how to detect these websites which are promoting the credit card companies and which are providing affiliated links to make money. And the best credit card rankings actually is to make more money of you. So you have to be careful about what you see. There is no really a best credit card. It all depends on your lifestyle and what you are looking for. However, if you are looking for best credit cards in general, I will just stay away from those cards which do not have full travel insurance coverage and which do not give you concierge services. So let's go to my laptop screen then I will show you some more information. Thank you. These are affiliated rankings and the website has interest to make money by recommending or giving you these rankings. So let's take a look at the reverse Canada website. So the first thing I would like to show you the top 10, the 10th annual travel reverse credit cards for 2018. And if you scroll down, then you will see these credit cards and as I mentioned before, these are the top five credit cards. So now let's click on the link of the first credit card. So if you click on the link and what I'll do, I'll copy the link, so copy link address and then I'll put it on the note to show you how you know that this is an affiliated website and they're making money by giving you the link. So whenever you click the link and sign up for these credit cards and the credit card companies is paying these websites. So I pasted the link and if you take a look at here, so if you click that link, this is going to take you to the American Express website and here's the affiliated ID. So if you look at this ID, this ID is how American Express is tracking how many visitors are going to apply or coming to American Express website through this website and then they get paid. So let's take a look at another website to show you the same thing. So here, okay, I'll copy the WestJetRBC World Elite MasterCard and then let's copy this link, copy link address and I'll paste it right underneath our first link. Okay, so here I can see that here's a link here, right here and that's how they know that this is an affiliated person who's signing up for this credit card is coming from this website. So that's how they keep track of how many people are signing up and that's how they make money. Now, there's no problem giving you an affiliated link and making money off you whenever you're signed up and giving you the top recommendation to have to mention the best or top travel viewers. There's no problem with that. But what is troublesome is that they're not giving you any disclosure or not telling you that these are affiliated links and they're making money. So these are not honest and unbiased opinions and also they're not telling you that by signing up for their top recommended credit cards in case something goes wrong. Let's say you purchase travel with American Express Gold or American Express Cobalt credit card and your trip got canceled and your loss is $3,000. So these websites, they're not going to pay $3,000 due to the losses based on you signed up for that credit card based on their recommendation. They're not going to stand by you and they're not going to tell you that they didn't mention that at first and you signed up thinking this is the best credit card. But if something goes wrong, then you need to cancel your trip because this card doesn't provide trip cancellation insurance, so you're not going to get back any money. And then this credit card or any other website, reverse Canada or any other affiliated website which are not giving you the full truth behind any credit cards, they're not going to pay you back that money. So that's the point what you're losing. So let's say whenever you're getting a best credit card recommendations, they should give you all the good things and the bad things. Not only the good things, hiding the bad things. So that's the point where I had problem with these top or best credit card ratings. So that's one thing I wanted to show you and then the other thing I'm going to show you. Another way you can tell that these are, this website is promoting credit card companies because they're affiliated is by looking at a press release which you should buy American Express. And let me show you that one. Okay, so here is a press release which is, let me close my note here. So I just closed it. So reverse Canada names the American Express Cobalt card as the top overall card for 2018 news provided by American Express. So this is a press release issued by American Express. You can read the whole thing in order to do that just search for just go to the website link which I'll actually give you right here. I'll put it in the note again. So if you need to look at the look at this news press release, then you can just, you know, go here. So newsware.ca and you can search for American Express or yours Canada or you can just copy or you can just copy this link. Actually cannot copy but you can just, you know, do a search for by putting news where American Express yours Canada and you're going to get a hit. So I will just close it. So what happens here? This is a press release issued by American Express. And they're making it a big deal that reverse Canada chose their credit cards for six categories, top spot in three of six categories rankings. So here they're, you know, they're giving you all the details and everything. And they're telling you on top of cobalt, American Express cars on multiple hours in the multiple in the following categories. So American Express gold second place is star root. Fourth, American Express gold second place again, another category blue sky, another category platinum card is another category. And they're even giving you that for more information on the Rewards Canada top travel, yours great card, visit yours Canada.ca. So this is just a cross promotion. So Rewards Canada is promoting American Express, American Express is promoting Rewards Canada. So that's how it goes. So it's just, you know, these are not honest and unbiased best or top rankings. These are all just promotional rankings. So you're not going to get any unbiased or honest opinion from these websites. So that's what to look for. So if you are, if you want honest, unbiased opinion, go for small websites, individual websites which are not affiliated with any anyone. For example, I can actually show you my own website right here. So let's say if you go to my own website. And if you go to a credit card review. So let's go to credit cards, Rewards here. And I'll just show you one credit card. I have lots of credit card articles, but I'll just show you one of them, which I reviewed a credit card. So let's take a look here. Okay. Okay, so, okay. So here is TD cashback visa infinite credit card review. So let's go to that article. And if you go to the article, then you will see that I have a disclosure right at the top. Although I didn't have to, but I put disclosure mentioning that this is an honest and non affiliated review right here. So these are not compensated or affiliated with any credit card companies. All credit card articles are 100% unbiased. And if you go through the whole article, you're not going to find any link anywhere. So there's no link. If I giving you link, these links are just my to my YouTube videos and to my another page on the same website. It's not any affiliate ring. So that's what to look for whenever you'd like to find any trusted opinions or reviews on any credit card. And I'd like to show you something else here. Let's say if you're going to the problem with Canadian websites like Rewards Canada and other big websites who are reviewing or giving top ratings, they never mention or disclose anything that they're affiliated. So for example, if you saw through the whole website of Rewards Canada, you're not going to see anywhere that they're mentioning that these are affiliated links and they're affiliated with the company credit card company. They are paid by the credit card company. So that's a big problem because you're not getting the truth. Even if you go to the main page, let me just take you to the main page. Let's say we're going to the main page here and same thing. You're not going to find anything anywhere that mentioned that, you know, on this site has lots of affiliated reviews or anything. On the contrary, if you go to similar sites or big websites or small websites in the US, so these websites in the America, in the US, they're always disclosing the truth. They're giving you top best or top 10 credit cards, but they're telling you that these are affiliated links and they make money off you. So you know what to look for. So you are getting the truth upfront and you know what to expect. And it wouldn't be a big problem because they're giving you the truth. For example, I'll take you to the pointsguide.com website, which is a big website in the US. There are lots of articles and top recommendations for credit cards and stuff. So let's take a scroll down towards the bottom of the website and I'll show you what I mean. So if you go here, so you keep going, going, going. And let's take a look here. Okay. So right here, the credit card offers that appear on the website are from credit, are from credit card companies from which the pointsguide receives compensation. This compensation may impact how and where products appear on the site. So they're giving you information here and they're disclosing that these are all affiliated links. And then if you go to any top cards or any listing or any page which has any credit card, then they're mentioning you on that page again. So they're giving you actually, actually, sorry, this is taking you to the American Express application. That's not what I want to show you. I wanted to show you another credit card review where they're telling you, you know, these are affiliated. But you can check it by yourself later on. So the pointsguide.com is the website. So you can see here here again. So each page everywhere you see that, you know, they're disclosing everything. I'll take you to another big website, which is million miles secrets.com. So this is another website where they talk about miles and credit cards. These are all US credit cards. So this is the main page. So same here. If you scroll down towards the bottom of the website, then you're going to see that there is a disclosure and which is right here. So many of the compensation credit cards appear on this site are from credit issues from which this site receives compensation. Compensation does not impact the placement of cards. So they're again, they're giving you full disclosure and you know what to expect. And you know that, you know, there's money exchange going on behind these rankings, ratings or reviews. And here, even if you go to any individual credit card review or top listing, you'll see the same thing. But in Canada, we never see that. They're never telling you. So that's why you have to be careful based on these to follow these recommendations or to listen to these recommendations. There's no actually 100% top or best credit card. Everyone's unique situation is different. So what credit card is number one for me is not going to be number one for you. For example, if you look at the American Express Gold Rewards credit card, this credit card is very good in order to collect points, especially if you're making lots of travel purchases. It offers two points for lots of categories. However, in terms of buying full travel like plane ticket, hotel or book vacation, this is not a good card because you're losing on full travel insurance coverage. Also, this card does not give you concierge service, which is a very big thing in terms of when you are arranging your book trips or travel. And if you have problem in foreign countries, concierge can always help. Another card is the RBC Visa Infinite Avian credit card. This credit card may not give you lots of points. It's not going to give you two points for travel purchases. However, it has full insurance coverage and it gives you concierge service access, which is Visa Infinite Concierge Concierge. So no credit cards are the same and it's almost impossible to give you a recommendation for top 10 or top best credit cards. So whenever you're choosing credit cards, figure out what you need, what you're looking for. Are you looking for points? Are you looking for travel insurance? Are you looking for concierge services? And are you looking for everything then make up your mind based on reviews or ratings from sites which are non-affiliated and provide honest and unbiased opinions. So that's all for now. If you like what you see, please give it a thumbs up and consider subscribing. And there will be more quicker videos coming up. So I'll see you shortly. Thank you.