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?
Latest News
New Marriott Bonvoy American Express Card Amex Offer: 3 bonus points per dollar spent on grocery purchases + MORE Apr 22nd
Thanks to Rewards Canada contributor Jeff W. for alerting us this morning to this amazing new Amex Offers offer that came out for the Marriott Bonvoy™ American Express® Card:For the next 3 months cardmembers who are targeted for this offer (and it looks like a good portion of them .... More »
Targetted offer: Earn an amazing 10 Aeroplan Miles per dollar and save 15% when you use a TD Aeroplan credit card to book Air Canada flights + MORE Sep 16th
Here's a sweet offer for those of you who have an Aeroplan co-brand credit card issued by TD and are lucky enough to be targetted for it! Keep an eye out for the email in your in-box to see if you are one of the lucky ones. The offer which launches today (September 16th) offers select TD.... More »
June 1 Update: When earning 5x points isn't the same as earning 5x points - a loyalty lesson, more TD card offers extended & SiriusXM Amex offer + MORE Jun 2nd
Here's your Rewards Canada Daily update! Your daily dose (or near daily dose) of loyalty program, credit card and travel news, bonuses, deals and more. This update is brought to you by the HSBC World Elite Mastercard which is currently offering a welcome bonus of up to 70,000 bonus points a.... More »
Canada's Choice results are in! See who Canada chose as their favourite credit cards and loyalty programs + MORE Oct 20th
Canada, we asked you to come out and vote for your favourite credit cards and loyalty programs in late September and early October for our Canada's Choice awards. The results are in and we are pleased to present them to you here. For some categories there are no surprises while we were definit.... More »
National Bank Customers Can Now Make International Transfers by Mastercard and Interac + MORE Jun 8th
National Bank, one of Canada’s largest and oldest financial institutions, is offering its users a more natural way to send money abroad, thanks to the new feature announced by the bank in May. The new International Transfer by Mastercard and Interac is a joint, cross-border solution for Canadians.... More »
The Ultimate No Strings Attached Travel Credit Card Portfolio
– RewardsCanada.ca
In this feature of Rewards Canada’ Ultimate Credit Card Portfolios we look at the ultimate one for earning flexible travel points that have no stings attached. That means points that you can earn and then use on any travel, at anytime, that you can book through any provider and even use the points after you purchase the travel. This is the ultimate wallet that most Canadians should have who travel only once or twice per year and don’t want to be held back by traditional loyalty programs. We have always recommended that you should carry a Visa, a MasterCard and an American Express card in your wallet. The reason why is that there are benefits, promotions and earning potential unique to each brand of credit card. We won’t go into detail here as you can read all about it in our feature on how to Maximize your Miles and Points but here we outline one card from each brand that will help you build up those most flexible travel points faster than ever. Ultimately there are various options that could be utilized for such a portfolio but we look at one card from each issuing family that won’t totally break the bank on annual fees but will provide strong travel point earning along with very strong insurance benefits…What Is a Credit Union? The Pros and Cons vs a Bank
– canadianfinanceblog.com
In recent years, there has been a lot of backlash against banks. While the backlash has been a little bigger with our neighbours down south, there have still been plenty of people here in Canada looking for a place to keep their money that isn’t associated with big banks.One of the options you have is to choose a credit union. Credit unions are different from banks, and some even think they are superior to banks. If you are looking for an alternative to banks, a credit union might be a good choice. Plus, as an added perk, many credit unions offer lower car loan and mortgage rates than you will see at banks.
What is a Credit Union?
In the early 20th century, it was hard for “regular” working folks to get access to banks. Many tradespeople, teachers, and others struggled to build relationships with banks. Some decided to pool their resources to some degree. Credit unions are cooperative financial institutions that are owned by their members. It’s possible for you to sit on the board of your local credit union, and attend meetings and vote…
