There are more credit card options in Canada than you can shake a stick at! Stay on top of the best rates and plans right here.
Latest News
Reconsideration lines offer a second chance at credit card approval + MORE Jul 6th
If your credit card application has been denied you might have a second chance of approval by calling the issuer's reconsideration line. Here's when to call and what to say..... More »
Hurricane Irma: Cuba’s devastation in photos + MORE Sep 11th
CAIBARIEN, Cuba — Hurricane Irma ripped roofs off houses, collapsed buildings and flooded hundreds of miles of coastline as it raked Cuba after cutting a trail of destruction across the Caribbean. It has killed at least 24 people and has officials scrambling to bring aid on Sunday.
These photos sh.... More »
October 9 Update: Purchase Give A Mile's limited edition Pilsner to help fund flights of compassion, Amex Centurion Lounge in JFK now open & Turkish Airlines further delays Vancouver launch + MORE Oct 10th
Shout to our friends at Give A Mile who sent us their limited edition Reservoir Pigs Pilsner brewed by Calgary's Village Brewery. A portion of each sale of this beer goes to Give A Miles to help provide their flights of compassion. As you may or may not know we have been partnered with Gi.... More »
American Express Cobalt Card: The best card in Canada offering 30,000 welcome bonus points + 5x points on your eats and drinks + MORE Jun 21st
If you are a Rewards Canada regular then this card needs no introduction, however over the past couple of weeks we've had quite a few new visitors to the site so we want to introduce you to best credit card in Canada and the one that should be in every Canadian's wallet. That card is the .... More »
Top 5 Cash Back Credit Card Sign Up offers for March - These cards provide the best value out of their welcome bonuses Mar 3rd
Here are Rewards Canada's Top 5 Cash Back Credit Card Sign Up offers for the month of March 2021. This is not a 'best' credit card list like our Top Cash Back Credit Card rankings but instead a look at cards that have very good acquisition (welcome/sign up) offers. As always when choosing a card .... More »
June 10 Update: Scotiabank More Rewards Visa added to comparison charts, Air Canada & WestJet resume Ft. McMurray flights
– RewardsCanada.ca
News, Tips & Tricks Back on May 30th we let you know that the Scotiabank More Rewards Visa Card was now available. We have finally got around to adding the card to our comparison charts on the main Rewards Canada site. You can see how it compares to others on these charts: Canadian Travel Credit Card Comparison: All Travel Rewards Credit Cards Canadian Travel Credit Card Comparison: Travel Points Credit CardsThe chart does not show you however that you can earn up to a 2.54% return with this card! Both Air Canada and WestJet resumed flights to and from fire ravaged Ft. McMurray today. These represent the first commercial flights to the city in more than a month. (Source Air Canada & WestJet) Posts since our last update: Current Bonus Mile Offers for flying within Canada or from Canada to the rest of the World Another reminder for you about the one page on the main Rewards Canada site that sees a good amount of… Travel DealsFly British Airways between Toronto and London for as low as $693 all in…How mortgage lending has changed over the years
– moneysense.ca
OTTAWA – The federal government has moved several times in recent years to restrict mortgage lending. Here’s a quick look at some of the changes Ottawa has made:
Feb. 15, 2016: The minimum down payment for new government-backed insured mortgages increases from five per cent to 10 per cent for the portion of the house price over $500,000.
Understanding how mortgage payments work »
July 9, 2012: The maximum amortization period for new government-backed insured mortgages drops to 25 years from 30 years. Ottawa lowers the maximum amount Canadians can borrow when refinancing to 80 per cent from 85 per cent and stops offering insurance on mortgages for homes worth more than $1 million.
April 18, 2011: Ottawa withdraws government insurance backing on lines of credit secured by homes, such as home equity lines of credit.
March 18, 2011: The maximum amortization period for government-backed insured mortgages is cut to 30 years from 35 years and the maximum amount Canadians can borrow in refinancing their mortgages is reduced to 85 per cent from 90 per cent of the value of their homes…
Feb. 15, 2016: The minimum down payment for new government-backed insured mortgages increases from five per cent to 10 per cent for the portion of the house price over $500,000.
Understanding how mortgage payments work »
July 9, 2012: The maximum amortization period for new government-backed insured mortgages drops to 25 years from 30 years. Ottawa lowers the maximum amount Canadians can borrow when refinancing to 80 per cent from 85 per cent and stops offering insurance on mortgages for homes worth more than $1 million.
April 18, 2011: Ottawa withdraws government insurance backing on lines of credit secured by homes, such as home equity lines of credit.
March 18, 2011: The maximum amortization period for government-backed insured mortgages is cut to 30 years from 35 years and the maximum amount Canadians can borrow in refinancing their mortgages is reduced to 85 per cent from 90 per cent of the value of their homes…
