All about Canadian credit cards. Learn the ins and outs and get the latest news.
Latest News
TD Cash Back Visa Card review Oct 27th
There isn’t much that rings sweeter than cash in your pocket, which is precisely the allure of the cash back credit card. Canada’s Big Five banks (and many smaller ones too) offer a wide range of credit cards that allow you to accumulate cash rewards simply by using them. And to maximize those r.... More »
What steps can I take to rebuild my poor credit history? Mar 6th
There’s no quick fix or to repairing your credit history, but every step counts including paying your bills on time and perhaps setting up automatic withdrawals so you don’t miss a payment..... More »
The best Aeroplan credit cards in Canada for 2024 + MORE Sep 25th
Aeroplan is Canada’s largest airline loyalty program—and one of its most lucrative. Owned by Air Canada, Aeroplan offers a ton of flexibility compared to other airline loyalty programs. You can redeem Aeroplan points with more than 50 partner airlines and even transfer points to other programs. .... More »
New Welcome Bonus of 20,000 points and first year free with National Bank of Canada's top three travel rewards credit cards + MORE Feb 26th
This week has seen the return of limited time increased welcome bonuses on several cards from National Bank of Canada. The offer provides 20,000 bonus points and no annual fee in the first year when you spend $3,000 in the first three months on either the Platinum, World or World Elite Masterc.... More »
A line of credit is derailing my mortgage application + MORE May 14th
In our April 2016 issue of MoneySense, we introduced you to Lindsay Tithecott, a 29-year-old who is trying to pay down debt, build up savings and buy a larger condo. Throughout the year we’ll be giving her a financial challenge every two weeks to help her get her finances in tip top shape. She’s.... More »
Top 10 credit bureau myths
– creditcards.com
Just how the bureaus work and who they work for are often misunderstood
April 28 Update: BMO Rewards World Elite adding supplementary card fee, Air France celebrates 1 year in YVR, Best Western Rewards contest!
– RewardsCanada.ca
News, Tips & Tricks Rewards Canada reader Jeff W. alerted us to some negative changes coming to the BMO World Elite MasterCard. As of June 10th supplementary cards will no longer be free. Each additional card will cost $50. Ouch! Also if you are inactive with the card for 12 months they’ll charge you a $10 inactivity fee! Seriously if you aren’t going to use the card for a year you probably shouldn’t have it seeing that you have to pay at least $150 for the card! Granted some may have it just for the insurance or get the card free with one of the premium BMO accounts and they’ll have to make at least one purchase every 12 months, not a big deal but still. But back on the card annual fees, the other cards that BMO competes with either have a $150 annual fee with no fee for supplementary cards or $120 annual fee and $50 for the supp. This now makes the card on of the most expensive in the Infinite/World Elite categories with only Infinite Privilege and some other high end cards costing more…Marriott Rewards: Double Elite Status Credit on all Marriott stays Worldwide starting this June
– RewardsCanada.ca
Here is a great promotion for us Canadians (well anyone outside of the U.S. since they are excluded) Double Elite Nights for all your Marriott stays from June 6th to the end of the year. This is a pretty good deal! While it is well known that Marriott Rewards tends to have slightly weaker elite benefits then some of their competitors it is always good to have them at your disposal. So now instead of 10 nights for Silver status it will only take 5, Gold will now be 25 instead of 50, Platinum is 38 versus the regular 75. Where things get even more interesting is if you have or get yourself the Marriott Rewards Premier Visa card. When approved it provides you with 15 night credit (automatic Silver status) so to reach gold you would need 35 more nights but with this promotion that is cut down to 18 or 30 more for Platinum. Although it states registration opens up on May 3rd I registered successfully for it today. Registration does close on September 9th so as we have always preached, register for it now before you forget…
