How to go about securing the best rate and plan for your credit card in Canada.
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Why digital and virtual credit cards are safer than the real thing Jul 3rd
One of the biggest fears consumers have is losing a credit card, but a lost card is usually detected quickly and the account frozen. A bigger danger may lie in using your credit card to make payments online—especially if you are unfamiliar with the vendor or using a public Wi-Fi network that can b.... More »
The 3 most overrated credit cards in Canada + MORE Aug 12th
Out of the several hundred credit card options in Canada there are perhaps three dozen cards that get the majority of attention. Rightfully so, some of these cards deserve the attention they get – cards like the American Express Cobalt Card and the Scotiabank Passport Visa Infinite Card,.... More »
What Is a Credit Bureau? Important Information for Canadian Consumers + MORE Apr 29th
Whether we realize it or not, credit bureaus have a significant impact on our financial lives. The information they provide to lenders can determine mortgage rates, lending amounts, and credit card approvals. But what exactly is a credit bureau, and what can you do with their information?
What Is a .... More »
Canada’s Best Balance Transfer Credit Cards 2019 + MORE Aug 13th
Are you longing to be debt-free but struggling with high-interest cards? Then a balance transfer credit card, which allows you to move the balance off of some or all of your credit cards over to this new card at a super low-interest rate if you sign up (sometimes even as low as 0%) can be a good str.... More »
Amex Shop Small promotion returns for March - earn $5 credits or 300 bonus Membership Rewards points + MORE Mar 3rd
Amex's awesome Shop Small offer is back again for this month! Last seen in November & December the offer once again does not have a dedicated landing and registration page for four cities in Canada. The offers are actually listed in the Amex Offers section on the Amex Canada app or onli.... More »
Scotiabank SCENE Visa Card sign up bonus increased to 4,000 points
– RewardsCanada.ca
An offer we saw last year has returned. The increased sign up bonus of 4,000 points for the Scotiabank SCENE Visa Card is back! The sign up bonus is good for four regular priced movies at Cineplex theatres across Canada or $40 off purchases at places like Sport Chek, Cara group of Restaurants and more! Find out more about this offer or apply for the card here.• 4,000 bonus SCENE points – that’s four free movies. • Earn one SCENE point for every dollar you spend • Earn five SCENE points for every dollar you spend at participating Cineplex Entertainment theatre or online at cineplex.com • Redeem points for free movies at Cineplex Entertainment theatres, music and other entertainment rewards • No annual fee • 20% AVIS rental card discount Apply Online Poll: 4 in 10 co-signers lose money
– creditcards.com
Helping out a credit-challenged friend or family member by co-signing can cause lasting damage to credit and relationships
Scotiabank Scene Visa Card Review
– canadianfinanceblog.com
Do you like movies?If you like movies, the Scotiabank Scene Visa card might be just the credit card for you. You can earn points for free movies and other entertainment, just by spending on what you already love.
Scotiabank Scene Visa Review: Rewards Program
In order to take full advantage of this credit card program, you need to be a member of the Scene program, which allows you to earn points at Cineplex Entertainment theatres. Membership is free, offering you the chance to earn free movies. Some of the ways to earn points include:
Sign up bonus of 250 Scene points.
Every time you see a movie, you receive 100 points.
You can receive 10% off movie snacks all the time.
You can get a free movie when you reach 1,000.
But that’s just for the regular Scene program. The Scotiabank Scene Visa card rewards program provides you with a way to supercharge your ability to gain points. The Scene credit card offers the following points:
One Scene point for each $1 you spend on your credit card…
Can an RDSP be seized by a creditor?
– moneysense.ca
Q: My adult daughter has a Registered Disability Savings Plan. But she has a bad credit record and there are still a few creditors out there who haven’t been settled with. Do you know if an RDSP can be seized by a creditor?
— Stressed in Sarnia, Ont.
A: Sorry to break it to you, but there is no specific creditor-proofing for RDSPs. “It’s something the feds have identified but I haven’t heard of any actual policy proposals,” says Joel Crocker of the Planned Lifetime Advocacy Network. That being said, your daughter isn’t necessarily bereft of options to protect her savings. “One way to get creditor protection may be to purchase segregated funds in your RDSP, as these are considered insurance products and are exempt from creditor claims,” says Toronto fee-only planner Jason Heath. Keep in mind, however, that you also pay higher annual operating expenses for these types of funds, which can lower your investment returns.
The post Can an RDSP be seized by a creditor? appeared first on MoneySense.
— Stressed in Sarnia, Ont.
A: Sorry to break it to you, but there is no specific creditor-proofing for RDSPs. “It’s something the feds have identified but I haven’t heard of any actual policy proposals,” says Joel Crocker of the Planned Lifetime Advocacy Network. That being said, your daughter isn’t necessarily bereft of options to protect her savings. “One way to get creditor protection may be to purchase segregated funds in your RDSP, as these are considered insurance products and are exempt from creditor claims,” says Toronto fee-only planner Jason Heath. Keep in mind, however, that you also pay higher annual operating expenses for these types of funds, which can lower your investment returns.
The post Can an RDSP be seized by a creditor? appeared first on MoneySense.
Plan carefully before opening multiple small-business credit cards
– creditcards.com
Multiple business cards may help your credit score and increase your rewards-earning potential, but first consider how you will manage them
