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This week we look at the best card options to replace your PC Mastercards if you are cancelling it as part of the Loblaws boycott, discuss Choice Privileges summer bonus points promotion and more in our weekly credit card and loyalty rewards newscast! Watch This Week in RWRDS here: Listen to This We.... More »
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Canadians aren’t short of credit card options, that’s for sure. At an average of two to three credit cards per person, we have more credit cards than debit cards in our wallets. But there’s still room for one more, suggests Wealthsimple with its recently launched bank-like offerings, including.... More »
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It’s Bonus Season: 6 Credit Cards with Extra Rewards + MORE Feb 3rd
From December to February, many employees see a holiday bonus land on their desks. It’s what we call Bonus Season! To celebrate, we’ve selected six great rewards credit cards for our Bonus Season Event. On top of the great welcome offers, points, or cash back rates offered by these cards, you.... More »
This Week in RWRDS: August 2, 2024 – The Ultimate Cash Back Credit Card portfolio + MORE Aug 3rd
This week we look at the Ultimate Cash Back Credit Card portfolio, Neo Financial card changes, a great AIR MILES travel bonus and more in our weekly credit card and loyalty rewards newscast! Watch This Week in RWRDS here: Listen to This Week in RWRDS here: Topics of discussion: The Ultimate Cash B.... More »
Thanks to Rewards Canada reader Brian K. who alerted us to this new feature from American Express! You can now redeem your Membership Rewards points for any purchase made with cards that earn the points. That’s right, no longer are your limited to redeeming for travel purchases, converting to frequent flyer miles or guest points or merchandise.They now call this the Use Points for Purchases program. Essentially this means all Membership Rewards points earning cards now have a cash back feature. Now you are probably wondering, what is the redemption rate? Is it the same as TripFlex? No it is not. As you can see the old ‘TripFlex’ redemption remains at 1,000 points for a $10 credit:While the new feature to redeem points for any charge is at 1,000 points for a $7 credit:So does this new redemption option offer good value? Not so much. As you can see it is 30% less than the Travel Redemption option. On most purchases this represents less than a 1% return which is low when you look a competing cash back cards like the mbna Rewards World Elite which offers a straight 2% cash back on all purchases…Authorized user doesn't like the piggyback ride
– creditcards.com
Don’t jump off too soon; a close look at the entire credit profile may show it’s a net positive
Employees give CEO a new car after he shared the wealth
– canadianbusiness.com
SEATTLE – The employees of a company whose boss gave them a well-publicized big raise have bought him a new Tesla.
The Seattle Times reports ( http://bit.ly/29BWuF5 ) that Gravity Payments CEO Dan Price posted the news of the gift on Facebook Thursday, saying “Gravity employees saved up and pitched in over the past six months and bought me my dream car.”
Gravity spokesman Ryan Pirkle said the gift was thought up and organized by an employee who was one of those most impacted by Price’s decision last year to raise to $70,000 the annual salary for all the more than 130 people who work at the company that processes credit-card payments. At the time Price said he would also make $70,000, dropping his salary from more than $1 million annually.
The post Employees give CEO a new car after he shared the wealth appeared first on Canadian Business – Your Source For Business News.
The Seattle Times reports ( http://bit.ly/29BWuF5 ) that Gravity Payments CEO Dan Price posted the news of the gift on Facebook Thursday, saying “Gravity employees saved up and pitched in over the past six months and bought me my dream car.”
Gravity spokesman Ryan Pirkle said the gift was thought up and organized by an employee who was one of those most impacted by Price’s decision last year to raise to $70,000 the annual salary for all the more than 130 people who work at the company that processes credit-card payments. At the time Price said he would also make $70,000, dropping his salary from more than $1 million annually.
The post Employees give CEO a new car after he shared the wealth appeared first on Canadian Business – Your Source For Business News.
