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
Supreme Court considers credit card surcharges + MORE Jan 11th
If New York's surcharge ban falls, other states could domino, bringing retailers a step closer to charging extra to use plastic.... More »
RWRDS Daily Update – November 21, 2023 + MORE Nov 21st
The Ultimate Guide to Credit Card & Loyalty Programs for the All Inclusive Vacationer, WestJet is adding flights between Regina and Minneapolis & New Amex Offers statement credit for FedEx. Check out today's points & miles updates here:
The post RWRDS Daily Update – November 21, 202.... More »
Canadian North and First Air to merge - Aurora Rewards will remain as the new airline's frequent flyer program Jul 22nd
On July 10 the Government of Canada approved the merger of Canada's two major airlines of the north, First Air and Canadian North. The merged airline will be known as Canadian North but with a planned integration timeline of 18-24 months the two airlines will continue to operate separately for the t.... More »
The Difference Between a Secured and Unsecured Loan Oct 12th
The two most common types of loans are secured and unsecured loans. Whether you’re looking to borrow money for a new car or even a vacation, it’s best to understand your options before applying.
What is a secured loan?
Secured loans are generally more customizable and negotiable. They can have .... More »
Big new welcome bonus of 140,000 points on The Platinum Card from American Express + MORE Oct 30th
An awesome welcome bonus of up to 140,000 Membership Rewards points has been revealed The Platinum Card® from American Express This new offer is 40,000 points higher than the last offer and is available to new customers who are approved for the card and meet the minimum spending requirements set ou.... More »
Hurry! Grab SWISS First Class Award Tickets via Aeroplan on their Montreal-Zurich route!! 70,000 Miles each way + $55
– RewardsCanada.ca
The U.S. blogs are starting to alight with this deal! Normally SWISS First Class is not available as an award to anyone but Miles & More Senator members but for some reason they have opened up. This may not last long and there is lots of phantom availability (shows available but when you click through it doesn’t say bookable) We tried one date, Wednesday September 14th and it is available one way between Montreal and Zurich for only 70,000 miles and $54.65 in taxes/fees! I’m guessing this won’t last long so book sooner than later at aeroplan.com SWISS First Class details for their A330-330 out of YULHat Tip to One Mile at a time—- Rewards Canada Exclusive TD Aeroplan Visa Infinite Card• Receive a Welcome Bonus of 15,000 Aeroplan Miles with your first Purchase • In addition, you could receive 5,000 Aeroplan Miles when you add an Authorized User to your Account by September 2nd (Authorized User must call and activate their Card by Feb…One week left to grab the up to 3,000 Bonus Miles offer with the BMO AIR MILES World Elite MasterCard
– RewardsCanada.ca
You have one week to grab the BMO AIR MILES World Elite MasterCard with the up to 3,000 Bonus Rewards Miles offer. The sign up bonus awards 1,000 miles upon your 1st purchase and 2,000 more miles when you spend $3,000 on the cards within 60 days. As of June 10th the offer will drop to 1,000 miles.BMO AIR MILES World Elite MasterCard3,000 Bonus AIR MILES when you apply for and receive the BMO AIR MILES World Elite MasterCard that’s enough for 3 select short haul flights! – Exclusive 25% Flight Discount on all AIR MILES flights in North America with no blackout periods – 1 AIR MILES reward mile for every $10 that you spend on your credit card – WEB ONLY OFFER – Not available by phone or in branch Apply onlineWhy your bond funds are bombing
– moneysense.ca
Interest rates are near all time lows, which augers poorly for bond funds.
To get a glimpse of the misery on offer, let’s take a quick look at three popular exchange traded funds (ETFs) from Vanguard Canada. Just be warned, as I walk through a few back-of-the-envelope calculations, the pickings are slim for risk-averse investors.
Vanguard sells three Canadian bond ETFs and it provides a variety of interesting facts and figures on them at www.vanguardcanada.ca. I’m going to focus on yield to maturity because it is a rough indicator of what sort of return each fund is likely to generate. (Do not confuse yield to maturity with distribution yield or trailing 12-month yield.)
The Vanguard Short-Term Bond ETF (TSX:VSB) has a yield to maturity of 1.3%. If you’re willing to take on more credit risk, you can opt for the Vanguard Short-Term Corporate Bond ETF (TSX:VSC), which has a yield to maturity of 2.0%. But it is the longer-term Vanguard Aggregate Bond ETF (TSX:VAB) that forms a core part of many passive portfolios…
To get a glimpse of the misery on offer, let’s take a quick look at three popular exchange traded funds (ETFs) from Vanguard Canada. Just be warned, as I walk through a few back-of-the-envelope calculations, the pickings are slim for risk-averse investors.
Vanguard sells three Canadian bond ETFs and it provides a variety of interesting facts and figures on them at www.vanguardcanada.ca. I’m going to focus on yield to maturity because it is a rough indicator of what sort of return each fund is likely to generate. (Do not confuse yield to maturity with distribution yield or trailing 12-month yield.)
The Vanguard Short-Term Bond ETF (TSX:VSB) has a yield to maturity of 1.3%. If you’re willing to take on more credit risk, you can opt for the Vanguard Short-Term Corporate Bond ETF (TSX:VSC), which has a yield to maturity of 2.0%. But it is the longer-term Vanguard Aggregate Bond ETF (TSX:VAB) that forms a core part of many passive portfolios…
Just 10 credit score points shy of a mortgage
– creditcards.com
These strategies will help you get the final points needed to qualify for that home loan
