How to go about securing the best rate and plan for your credit card in Canada.
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Here's your Rewards Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. Neo Financial has once again boosted their everyday interest rate for their Neo Money Savings Account. The accounts now offer a full time 2.25% and this is not.... More »
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While snow and cold are gripping much of the country, it's a perfect time to think ahead to a summer vacation. And right now is the perfect time to apply for a credit card with a handsome sign-up bonus..... More »
A look at the great value provided with the Annual Worldwide Companion Pass from Aeroplan's Ultra Premium Credit Cards + MORE Jan 27th
In this "A look at the value' post we welcome back Rewards Canada contributor Dee who delves into the value that can be received from the Annual Worldwide Companion Pass benefit on select Aeroplan co-brand credit cards. This pass is an annual benefit available on four Ultra Premium Air Canada.... More »
People deferring their mortgage payments are making an unpleasant discovery: it can wreck your credit rating Mar 30th
Deferring payment on your mortgage buys you time to deal with COVID-19’s economic havoc, but the people behind your credit score might just see bad news..... More »
Best credit cards for airport lounge access 2022 + MORE Apr 14th
For a frequent traveller, lounge access can vastly improve air travel, especially if you have to make multiple flight connections. On a long-distance trip with layovers, having access to food and drinks, a quiet place to rest, entertainment, a business centre and even a shower during a stop on your .... More »
Walmart set to begin Visa ban today from stores in Thunder Bay, Ont.
– canadianbusiness.com
MONTREAL – Walmart’s threat to ban the use of Visa cards at its Canadian stores gets underway today in the northwestern Ontario city of Thunder Bay.
After months of negotiations, the retailing giant is eliminating Visa as a payment option at three stores in Thunder Bay, vowing to roll it out to its 400 locations in Canada.
Walmart hasn’t disclosed when that rollout will begin.
Despite the impasse, Walmart says it remains optimistic that an agreement will eventually be reached with Canada’s largest credit card company.
Visa, meantime, says it will do everything “reasonable” to ensure Canadians can use their Visa cards everywhere they want to shop, including at Walmart stores.
Visa last month accused Walmart of using consumers as pawns in its battle over merchant fees with its threat to ban the popular credit card.
Walmart says it pays more than $100 million in fees annually for customers using credit cards like Visa, MasterCard and Discover.
Visa defended itself, saying it offered Walmart one of the lowest rates of any merchant in Canada…
After months of negotiations, the retailing giant is eliminating Visa as a payment option at three stores in Thunder Bay, vowing to roll it out to its 400 locations in Canada.
Walmart hasn’t disclosed when that rollout will begin.
Despite the impasse, Walmart says it remains optimistic that an agreement will eventually be reached with Canada’s largest credit card company.
Visa, meantime, says it will do everything “reasonable” to ensure Canadians can use their Visa cards everywhere they want to shop, including at Walmart stores.
Visa last month accused Walmart of using consumers as pawns in its battle over merchant fees with its threat to ban the popular credit card.
Walmart says it pays more than $100 million in fees annually for customers using credit cards like Visa, MasterCard and Discover.
Visa defended itself, saying it offered Walmart one of the lowest rates of any merchant in Canada…
Wal-Mart set to begin Visa ban today at stores in Thunder Bay
– theglobeandmail.com
After months of negotiations, retail giant is eliminating Visa as a payment option at three Thunder Bay stores; vows to extend ban to its 400 locations in Canada.
