 Hello everyone, this is financial author Amit Dan of amitdan.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 me the thumbs up and consider subscribing. Hello everyone This is Amit Dan of amitdan.com today I'll talk about new great cars which are coming to Canada and I'll talk about some features and look at some of the benefits which look like too good to be true and For the rest of the video, I'll take you to my laptop screen and we'll talk about from there. Thank you Hello, everyone. We are looking on a Bream website which is at Breamfinancial.com and I'm going to go through some of the features and then I'll explain them One by one. So Breamfinancial is launching new great cars on the Canadian market that will change the parade card game and These great cars have features and flexibilities never seen before in Canada so let's touch base on some of the features and The first one we are looking at the real world's structure. So Based on what Bream website is mentioning that there are no limits on how or when you can redeem Also, there are no specific categories to earn accelerated points If you shop more at the same stores then the earn rate increases, which is they're mentioning right here The next one I'd like to talk about is the installment payment option. So this is a feature we never seen before so Bream will offer the ability to set up installment payments towards a purchase that can be paid in installments at a set lower interest rate They call this actually a one-time installment fee here. You can see that this is 7% but this is actually just another name of a interest rate And this will not affect you the rest of the parade limit as per Bream website and the next feature is free global Wi-Fi Which is through boingo company So it will give you access to one million boingo Wi-Fi hotspots across the globe and This is a neat park that would come in handy if you travel and the Next one is the 0% foreign transaction fees So this is one of the most sought-after features on the Canadian parade cars Especially since the Marriott Rewards and Amazon parade cars offered by Chase That provided no foreign currency fee are no longer available in Canada. So this is going to be a Interesting feature or very sought-after feature for this parade car So most of lots of people will just get this great car only for this feature and then they have lots of travel insurances and Let's take a look at some of the Insurance details. Let me just try to find here. Okay So here if you see if you take a look at it and then you'll see that they're providing most of the or I would say all of the important travel insurances people look for and These travel insurances provided by reputable Canadian provider Another feature which is my favorite is that the provider is actually not One of the providers unlike the Scotia American Express Gold and many other Canadian travel trade cars Service by the same insurance company where the provider has had ratings Where when it comes to a full-fledged claims. So the provider you're going to be dealing with the brim which is a Reputable company and then that should make everyone happy and it's actually RSA So that's a very important feature and this is one of my favorites feature another favorite features after foreign no foreign transaction fee and Then if you take a look here, let me just find Here okay, so here They're mentioning that they will provide lounge access So that this will be done only the hiring cards and The name of the program is called lounge key However, it is not clear that how many visits will be included in it Or if it's just a membership, they will offer because lounge key provides different types of lounge access based on the credit card companies So some credit cards may only provide An old fee and then you have to pay each time you enter or some car will provide An old fee plus unlimited Admissions or some car to provide unlimited I'm sorry an old fee plus four entrances so it all depends and they're not giving any specifics here What type of lounge access they'll be providing and there are some more other features which the credit card will offer For example, including real-time payment clearing To open up available credit limit without waiting to two to three days, which is the case for most other credit cards and So all these features and everything it sounds like too good to be true So we're gonna have to wait and see when the card cards come out and then we'll find out more about these so Bream website is actually Accepting accepting application. So if you hit get bring then it will take you to the sign up page and when I applied for this credit card, then it told me to That they'll contact me once they start processing my application. So it looks like, you know They're not ready. They're not reviewing or accepting applications yet so We're gonna have to wait to see once, you know, they start issuing credit cards and Whether these features are all true and how much these features live up to the promise their Bream financials making So if this card happens to be a true travel credit card Then definitely this will increase the competition on the Canadian credit card market and which is good for everyone And there I and I hope to see more great cards like this in the future 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 videos coming up So I'll see you shortly. Thank you