How to go about securing the best rate and plan for your credit card in Canada.
Latest News
Two 'safe' ways to build credit using cards - CreditCards.com + MORE Jan 6th
The right credit card can help you build strong credit. Either piggybacking or going solo, responsible cardholder behavior is key..... More »
American Express Canada’s Shop Small is back! Receive a $5 statement credit when you spend $10 (up to 3 times) + MORE Jun 7th
American Express Canada’s Shop Small offer has returned for summer 2024! After skipping 2023 for its primary consumer cardholders, Amex has brought the offer back for the next 6 weeks. This is an amazing promotion that many Amex Cardmembers eagerly await each year and its good to see it back.... More »
RBC sets out timeline for the HSBC transition and they aren’t wasting any time (Updated Jan 19) + MORE Jan 19th
RBC has laid out a timeline for the transition of banking products from HSBC to RBC and they aren’t wasting any time with the migration! January 19: One more update listed below of unconfirmed details that select HSBC credit card holders will receive Avion credti cards with extra benefits and/.... More »
Banks tighten standards for card applicants, says Federal Reserve Aug 7th
Banks made it harder to get a credit card in the second quarter of 2018, according to the Federal Reserve's survey of bank loan officers, with subprime borrowers facing tighter approval standards..... More »
How you're not teaching kids responsible credit card use + MORE Aug 4th
Children are observers and parents unwittingly tend to do things just about guaranteed to show kids exactly what not to do with credit cards..... More »
Ontario’s largest credit union has struck a deal to buy a division of leasing service Roynat from Scotiabank for an undisclosed sum.
Banking woes easing for some legal pot businesses
– canadianbusiness.com
SALEM, Ore. – In a once-empty office in Oregon’s Department of Revenue headquarters, officials have installed a mini-fortress.
Recently hired workers sit behind bulletproof glass at a window inaccessible to the public. Police officers brought out of retirement roam the building with handguns on their hips. Security cameras monitor the hallways.
The changes, paid for with a $3.5 million budget and inspired by the state’s newly legal marijuana industry, are similar to those Colorado and Washington made for accepting huge cash payments of pot taxes from businesses historically blocked from banking.
Such security arrangements are a necessity for safety reasons, but new statistics suggest that could be starting to change.
Federal data show that the number of banks and credit unions across the country willing to handle pot money under Treasury Department guidelines issued two years ago has jumped from 51 in March 2014 to 301 last month.
More than three years into Washington’s legal pot experiment, a large majority of businesses are paying taxes electronically, a sign of better access to bank accounts…
Recently hired workers sit behind bulletproof glass at a window inaccessible to the public. Police officers brought out of retirement roam the building with handguns on their hips. Security cameras monitor the hallways.
The changes, paid for with a $3.5 million budget and inspired by the state’s newly legal marijuana industry, are similar to those Colorado and Washington made for accepting huge cash payments of pot taxes from businesses historically blocked from banking.
Such security arrangements are a necessity for safety reasons, but new statistics suggest that could be starting to change.
Federal data show that the number of banks and credit unions across the country willing to handle pot money under Treasury Department guidelines issued two years ago has jumped from 51 in March 2014 to 301 last month.
More than three years into Washington’s legal pot experiment, a large majority of businesses are paying taxes electronically, a sign of better access to bank accounts…
Infographic: Credit card complaint rates
– creditcards.com
Some credit lenders manage to lessen the number of complains lodged against them in 2015, compared to 2014
In this undated image provided by the Committee Against Institutionalizing Disabled Persons, a civic group representing the former inmates at the Brothers Home, guards unload children from a truck in Busan, South Korea. An Associated Press investigation shows that rapes and killings of children and the disabled three decades ago at a South Korean institution for so-called vagrants, the Brothers Home, were much more vicious and widespread than previously realized. It also reveals that the secrecy around Brothers has persisted for decades because of a cover-up orchestrated at the highest levels of government.(Committee Against Institutionalizing Disabled Persons via AP) MANDATORY CREDIT, NO SALES, NO ARCHIVEBUSAN, Korea, Republic Of — Three decades ago, a policeman tortured Choi Seung-woo over a piece of bread he found in the boy’s schoolbag.
After being stripped and having a cigarette lighter repeatedly sparked near his genitals, the 14-year-old falsely confessed to stealing the bread…
Flexible travel points credit cards aren’t only for flights, hotels or car rentals! Whale watch excursions count too!
– RewardsCanada.ca
Humpback’s in Maui!As you know Rewards Canada is all about flexibility. We even have our very popular feature on reward card flexibility with the famed yoga infographic. In that piece we state the most flexible travel rewards cards are those that allow you to book travel on your own and redeem for it after the charge posts to your account. What this actually allows you to do is be on vacation or in the midst of any travel, put a travel charge on the card and then when you get home you can redeem your points for the charge(s). Whether it is some train tickets, a ferry ride or even an excursion, as long as it posts as a travel charge you have the ability to redeem for it.Here is an example from a recent trip we had. We booked a whale watch tour in Maui and paid for it with our American Express Gold Rewards card. When the charge posted I noticed it earned double points which meant Pacific Whale Foundation is set as a travel merchant! Sure enough when I went online to see what charges I could use my points on it shows up as a redemption option:The “Use my points” feature on the American Express website is a great way to see what travel related charges you’ve had that can be redeemed for with the card…
