Frugal Flyer’s Black Friday Week: Elevated Credit Card Rebates!

Ever since we launched our FlyerFunds Rebate Program, our goal has always been to educate our readers on the world of miles and points so they can travel more for less while putting cash back in their wallets when signing up for financial products.

To cap off 2024, we are excited to launch Frugal Flyer’s Black Friday Week event in which we are offering elevated FlyerFunds Rebates on four of our most popular credit cards for a very limited period of time. 

Read on to find out which cards have an elevated rebate offer for this week only and how you can take advantage of this promotion.

Frugal Flyer’s Black Friday Week of Elevated Credit Card Rebates has concluded!

We hope you were able to add a new card to your wallet during this promotion.

Frugal Flyer’s Black Friday Week of Elevated Credit Card Rebates

We work closely with many financial institutions in Canada to bring you great offers on credit cards, and for Black Friday we’ve partnered with three financial institutions to bring you elevated rebates for a limited time putting more cash back in your wallet for the holidays and shopping season ahead!

Frugal Flyer’s Black Friday Week promotion will commence on November 25th at 12:01 am EST and will run until November 29th at 11:59 pm EST so ensure you get your rebate application and credit card application in before then. 

In order to be eligible, readers must generate a rebate application and apply for the desired credit card product during the dates outlined for our Black Friday Week event above, else rebate amounts will revert to the normal amount after the event. Refer to the terms and conditions for eligibility for each credit card rebate offer.

This means that if you generate a rebate with the elevated rebate amount, but don’t apply for the credit card until after the event has concluded, you will not receive the elevated rebate amount if approved but instead will receive the normal rebate amount.

If you have been looking for a new credit card, this is a great opportunity to add a new card to your wallet and work on the welcome bonus with your holiday spending! Without further ado, let’s take a look at the cards that are available with elevated FlyerFunds Rebates during our Black Friday Week promotion.

Eligible Credit Cards with Elevated Rebates

Tangerine Money-Back World Mastercard

The Tangerine Money-Back World Mastercard now has an elevated FlyerFunds Rebate of $200, up from the normal rebate amount of $150.

Tangerine Money-Back World Mastercard

$160

Apply Now Learn More Terms & Conditions apply

Tangerine Money-Back World Mastercard

The Tangerine Money-Back World Mastercard offers cardholders the ability to choose up to three accelerated spending categories to increase their cash back earnings.

Check out our Tangerine Money-Back World Mastercard review for more details.

Earn $160 in FlyerFunds when you apply through Frugal Flyer.

BONUS
$120 cash back

MINSPEND
$1,500

EST. VALUE
$280+

ANNUAL FEE
$0

FOREX FEES
Yes

EXPIRY
Jan 30, 2026

New eligible cardholders can also receive a welcome bonus of up to 120 cash back:

• Earn $120 when you spend $1,500 in your first 3 months

The Tangerine Money-Back World Mastercard has no annual fee and gives you the ability to select up to three categories in which you earn 2% cash back when you get your rewards deposited into your Tangerine Savings Account. All other purchases earn 0.5% back.

Cash back that is earned on the Tangerine Money-Back World Mastercard is paid monthly and can be issued as either a statement credit on the credit card account or deposited to a Tangerine Savings account.

If you are interested, you can apply for this cash back rebate offer on the Tangerine Money-Back World Mastercard.

BMO CashBack World Elite Mastercard

The BMO CashBack World Elite Mastercard now has an elevated FlyerFunds Rebate of $150, up from the normal rebate amount of $75.

BMO CashBack World Elite Mastercard

$125

Apply Now Learn More Terms & Conditions apply

BMO CashBack World Elite Mastercard

The BMO CashBack World Elite Mastercard earns up to 5% cash back on grocery purchases, plus elevated cash back earning rates on other popular spending categories.

Check out our BMO Cashback World Elite Mastercard review for more details.

Earn $125 in FlyerFunds when you apply through Frugal Flyer.

BONUS
$335 cash back

MINSPEND
$2,600

EST. VALUE
$460+

ANNUAL FEE
$120 (FYF)

FOREX FEES
Yes

EXPIRY
Jan 31, 2026

New eligible cardholders can also receive a welcome bonus of up to 335 cash back:

• Get up to $335 in additional cash back including 10% cash back in your first 3 months.*
• Plus, the $120 annual fee is waived in the first year.*

The BMO CashBack World Elite Mastercard has an annual fee of $120 and earns 5% cash back on all grocery purchases for up to $500 in spend per statement period.

BMO CashBack World Elite Mastercard users will also receive 4% cash back on transit purchases (up to $300 per statement period), 3% cash back on gasoline purchases (up to $300 per statement period), 2% cash back on recurring bill payments (up to $500 per statement period), and 1% on all other purchases. If a statement period spending cap is reached, all future purchases in that category will earn 1% cash back for the remainder of that period.

Cash back that is earned on the BMO CashBack World Elite Mastercard can be redeemed at any time as long as the cash back earned balance is over $1. The cash back can be applied as a statement credit on the credit card account, deposited into a BMO chequing or savings account, or deposited into a BMO InvestorLine account.

If you are interested, you can apply for this cash back rebate offer on the BMO CashBack World Elite Mastercard.

Simplii Financial Cash Back Visa Card

The Simplii Financial Cash Back Visa card now has an elevated FlyerFunds Rebate of $100, up from the normal rebate amount of $60.

Simplii Financial Cash Back Visa Card

$60

Apply Now Learn More Terms & Conditions apply

Simplii Financial Cash Back Visa Card

The Simplii Financial Cash Back Visa card earns 4% cash back on purchases at restaurants, bars, and coffee shops on up to $5,000 in spending per calendar year.

Check out our Simplii Financial Cash Back card review for more details.

Earn $60 in FlyerFunds when you apply through Frugal Flyer.

BONUS
$80 cash back

MINSPEND
$1,000

EST. VALUE
$140+

ANNUAL FEE
$0

FOREX FEES
Yes

EXPIRY
–

New eligible cardholders can also receive a welcome bonus of up to 80 cash back:

• Earn up to 8% cash back† for your first 3 months on up to $1,000 in eligible spend

The Simplii Financial Cash Back Visa card has no annual fee and earns 4% cash back on all purchases made at restaurants, bars, and coffee shops for up to $5,000 in spend per calendar year. 

Cardholders will also earn 1.5% cash back on all purchases at grocery stores, gas stations, drug stores, and on pre-authorized purchases for up to $15,000 in spend per calendar year. All other purchases, including those made in the categories above once the respective spending cap is reached, will earn 0.5% cash back.

Cash back that is earned on the Simplii Financial Cash Back Visa card is automatically redeemed once per year on the last day of the cardholder’s December statement. The cash back will be applied as a credit on the next credit card statement.

If you are interested, you can apply for this cash back rebate offer on the Simplii Financial Cash Back Visa card.

BMO Ascend World Elite Mastercard

The BMO Ascend World Elite Mastercard now has an elevated FlyerFunds Rebate of $150, up from the normal rebate amount of $75.

BMO Ascend World Elite Mastercard

$125

Apply Now Learn More Terms & Conditions apply

BMO Ascend World Elite Mastercard

The BMO Ascend World Elite Mastercard earns 5x BMO Rewards on travel purchases and offers four airport lounge passes annually.

Earn $125 in FlyerFunds when you apply through Frugal Flyer.

BONUS
90,000 BMO Rewards points

MINSPEND
$34,500

EST. VALUE
$728+

ANNUAL FEE
$150 (FYF)

FOREX FEES
Yes

EXPIRY
Jan 31, 2026

New eligible cardholders can also receive a welcome bonus of up to 90,000 BMO Rewards points, earned in a segmented structure:

• Earn 45,000 BMO Rewards points upon spending $4,500 within the first 110 days*
• Earn 3,750 BMO Rewards points for each subsequent 30 day period in which you spend at least $2,500 in purchases on your card, beginning on Day 111 and ending on Day 482 from account open date (up to a maximum of 45,000 BMO Rewards points)

The BMO Ascend World Elite Mastercard has an annual fee of $150 and earns 5 BMO Rewards points per dollar spent on all travel purchases for up to $15,000 in spend per calendar year. 

Cardholders will also earn 3 BMO Rewards points per dollar spent on all dining, entertainment, and recurring bill payment purchases for up to $10,000 in spend per category per calendar year. All other purchases, including those made in the categories above once the respective spending cap is reached, will earn 1 BMO Reward point per dollar spent.

The BMO Ascend World Elite Mastercard also offers four complimentary airport lounge passes per year, for usage at airport lounges that participate in the DragonPass Lounge Program. Passes can be used by both the cardholder and their guests.

BMO Rewards points can be redeemed towards travel, contributed towards an eligible BMO investment account, as a statement credit, or for gift cards or merchandise.

We always recommend redeeming your BMO Rewards points for travel which will result in your points being worth the maximum value of 0.67 cents per point. If you want to learn more about how you can get the most out of your points, take a few minutes to read our BMO Rewards guide.

If you are interested, you can apply for this cash back rebate offer on the BMO Ascend World Elite Mastercard.

Conclusion

Our elevated FlyerFunds Rebate offers are only available for a few days, so don’t wait to apply if you are interested in any of these credit cards!