Should you sell your home before you buy another? + MORE Apr 16th

The “Big Five” Canadian banks offer credit cards and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Did you know that there are many other options?
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RWRDS Daily Update – November 20, 2023 + MORE Nov 20th

New Amex Offers for Luxury Escapes and Just Golf Stuff, Save 40% on Pointsyeah Online Award search premium memberships and Air Canada is bringing back non-stop Calgary to Ottawa flights. Check out today's points & miles updates here: The post RWRDS Daily Update – November 20, 2023 appeared fi.... More »

OFFER EXTENDED: Earn up to 105,000 bonus Aeroplan Points with the TD® Aeroplan® Visa Infinite Privilege* Card + MORE May 30th

There are more credit card options in Canada than you can shake a stick at! Stay on top of the best rates and plans right here. Canadian merchants eligible to claim rebates after settlement with Visa, Mastercard - Business News - Castanet.net - news.google.caCanadian merchants eligible to cla.... More »

RWRDS Daily Update – February 26, 2024 + MORE Feb 27th

WestJet, United and JetBlue all raise checked bag fees, a New Amex Offers statement credit for Noble Estates and Catch up on This Week in RWRDS. Check out today's points and miles updates here: The post RWRDS Daily Update – February 26, 2024 appeared first on Rewards Canada..... More »

Can I get bonus points on my condo rental stay? + MORE Apr 18th

If you have a credit card that gives bonus points for travel expenses, make sure nontraditional accommodations count for the bonus before counting on more points.... More »
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American Express Cobalt Card: The best card in Canada offering 30,000 welcome bonus points + 5x points on your eats and drinks + MORE Jun 21st

 If you are a Rewards Canada regular then this card needs no introduction, however over the past couple of weeks we've had quite a few new visitors to the site so we want to introduce you to best credit card in Canada and the one that should be in every Canadian's wallet. That card is the .... More »
Air Canada: Triple Aeroplan Miles on flights within Canada or Canada and the U.S. booked in Latitude or higher Here is a new premium fare bonus from Air Canada for travel in Canada or between the Canada and the U.S.. Like all Aeroplan promos if you booked travel before today it won’t count towards the bonus. I booked today but Flex fare only so this bonus won’t work for that flight!Offer detailsEarn Triple Aeroplan Miles when you fly round trip (or 2 one-way segments) on a Latitude fare or above within Canada or between Canada and the U.S.. Register Online (Registration is required) Apr 15 – Jun 15, 16Find  many more Aeroplan Bonus Miles offers here TD Aeroplan Visa Infinite Card• Receive a Welcome Bonus of 15,000 Aeroplan Miles with  your first Purchase• You could receive another 10,000 Aeroplan Miles when you keep your Account open and active for 90 days after Account approval                                           • In addition, you could receive 5,000 Aeroplan Miles when you add an Authorized User to your Account by May 27 (Authorized User must call and activate their Card by July 15, 2016)                                                        • Annual Fee Rebate for the first year(Primary Cardholder only) – that’s $120 in savings!• Offer Valid until May 27, 2016• Earn 1…

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Finance Minister Joe Ceci calls Friday’s shift to double-A high ‘a disappointment’

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Why you need to be careful with rental car upgrades when using the CDW coverage from your credit cardIf you recall we’ve had a couple posts surrounding one of my family’s car rentals recently. More specifically the 10 day rental in Maui:Earning Stories: 2,500 Aeroplan Miles on a Hertz SUV rental in Maui Redemption Stories: Using Diners Club Club Reward Points for a Hertz Car RentalEverything was fine for us and as we mentioned in those posts we were upgraded from a Ford Explorer or equivalent to a Infiniti QX80 that was fully loaded. When I looked up what this car was worth it was in the $70,000 to $80,000 range. The rental was with Hertz as being Hertz Gold Plus Rewards members makes the pick up easy and fast as Maui usually has pretty long line up at all their car rental offices. Also being Hertz Gold Plus rewards means they have my credit card on file, the Diners Club Club Rewards MasterCard and that I decline all insurance coverage, primarily the CDW. However, CDW coverage varies by card and by issuer. So when I found out about the upgrade I wasn’t concerned as Diners Club does not put a dollar limit on the car but they do exclude certain makes of cars…

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Should you sell your home before you buy another?Q: We are moving and plan on buying before we sell. We know this is risky, but we are pretty confident our current house will sell relatively quickly. Is there a way to buy a home with, say 5% down, and then increase that down payment as soon as our current home sells? We’d like to keep the monthly mortgage payments on our new home as low as possible.
— Confused about transaction timing, Toronto, Ont. 

Answer No. 1 from Monika Furtado, Calgary residential realtor:
There are a number of factors to consider when moving between properties. The first consideration is cost. Can you afford to hold two properties should your current home sit on the market and not sell for a few months? If you can afford this option you are best to move forward with a 20% down payment to avoid unnecessary CMHC fees—fees that would be added to the purchase price of your second home if you put down less than 20%. However, by opting for an open mortgage or a home equity line of credit on the new home you could then put more money against the purchase of that home once your present house sells…

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