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Can your card company impose a new annual fee on you? + MORE Mar 8th
Card issuers can make changes to their products, such as start charging fees on otherwise no-fee cards. These are your options when hit with a new fee on your credit card..... More »
Top 5 Credit Card Sign Up offers for August - These cards provide some of the best value out of their welcome bonuses + MORE Aug 14th
Here are the Rewards Canada Top 5 Credit Card Sign Up offers for the month of July! This is not a 'best' credit card list like our Top Travel Rewards Credit Card rankings but instead a look at cards that have very good acquisition (sign up) offers. As always when choosing a card you should always .... 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 »
Rate survey: Average card APR remains at record 16.06 percent for second week + MORE Jul 12th
July 12, 2017: The national average APR for new card offers remained above 16 percent Wednesday for the second week in a row, according to the CreditCards.com Weekly Credit Card Rate Report..... More »
Canada’s Best Metal Credit Cards for 2022: Everything You Need to Know + MORE May 13th
Are you looking for the highest possible credit card rewards and benefits? Look no further than a metal credit card. Except for black credit cards, metal credit cards offer the most exclusive credit card rewards in Canada. You can expect great earning rates, extensive travel benefits, and top-notch .... More »
Moody’s downgrades Turkey’s credit rating to ‘junk’ status
– canadianbusiness.com
NEW YORK, N.Y. – Moody’s has downgraded Turkey’s credit rating to “junk” status, a further blow to an economy shaken by terrorist attacks, a failed military coup and a diplomatic spat with Russia.
The rating agency on Friday lowered its rating on Turkey’s debt one notch, stripping it of investment-grade status. The move could mean higher borrowing costs as investors demand steeper interest rates to take on riskier Turkish debt.
Moody’s indicated it expects Turkey’s economic growth to be weighed by political turmoil following July’s coup attempt that could scare off vital foreign investment and stall economic reforms.
It also cited the impact on the country’s tourism industry from a string of extremist attacks and a row over Turkey’s downing of a Russian warplane last year that has kept Russian visitors away.
The post Moody’s downgrades Turkey’s credit rating to ‘junk’ status appeared first on Canadian Business – Your Source For Business News.
The rating agency on Friday lowered its rating on Turkey’s debt one notch, stripping it of investment-grade status. The move could mean higher borrowing costs as investors demand steeper interest rates to take on riskier Turkish debt.
Moody’s indicated it expects Turkey’s economic growth to be weighed by political turmoil following July’s coup attempt that could scare off vital foreign investment and stall economic reforms.
It also cited the impact on the country’s tourism industry from a string of extremist attacks and a row over Turkey’s downing of a Russian warplane last year that has kept Russian visitors away.
The post Moody’s downgrades Turkey’s credit rating to ‘junk’ status appeared first on Canadian Business – Your Source For Business News.
Yahoo hack: How to protect yourself
– moneysense.ca
This week, news hit that around 500 million Yahoo accounts were hacked by a state-sponsored attack. For a while, Yahoo was the main email provider for Rogers customers, so some Canadians could be affected. What does this mean for the safety of your financial information? We spoke to Toronto-based cyber-security expert, Dave Lewis to find out.
Am I affected?
You may have received an email from Rogers informing you of the hack, prompting you to change your password. In a statement to Newstalk 1010, Rogers said that Yahoo is looking into the issue and that so far, no account numbers or credit card information has been stolen. In the next few days, you may want to check out HaveIBeenPwned.com, says Lewis. It’s a site that documents email addresses that have been breached in some way. Of course, it may take some time for it to update to include the latest Yahoo hack.
No credit card information stolen—that’s good right?
Yes and no. Banks and credit unions will protect you against anti-fraud…
Am I affected?
You may have received an email from Rogers informing you of the hack, prompting you to change your password. In a statement to Newstalk 1010, Rogers said that Yahoo is looking into the issue and that so far, no account numbers or credit card information has been stolen. In the next few days, you may want to check out HaveIBeenPwned.com, says Lewis. It’s a site that documents email addresses that have been breached in some way. Of course, it may take some time for it to update to include the latest Yahoo hack.
No credit card information stolen—that’s good right?
Yes and no. Banks and credit unions will protect you against anti-fraud…
Paid a charged-off debt; now what?
– creditcards.com
It’s not enough to just pay a charge-off and forget about it. There are some cases in which the information about the paid charge-off doesn’t get to the credit reporting agencies
September 23 Update: Air Canada announces Montreal-Shanghai service and Canadian North Aurora Rewards business class lounge offer
– RewardsCanada.ca
News, Tips & TricksAmidst the big news today from Marriott and Starwood, Air Canada had their own announcement that shouldn’t be missed! As we speculated yesterday Air Canada has announced new service to China from Montreal. More specifically Shanghai and this makes sense seeing that Air China already flies between Montreal and Beijing. Here is an excerpt from the press release:Air Canada today announced the introduction of daily year-round flights from Montreal to Shanghai, China beginning February 16, 2017. This marks Air Canada’s first direct service to China from Montreal as well as the introduction of state-of-the-art Boeing 787-8 Dreamliner aircraft on flights departing from Montreal. Tickets will be available for purchase on aircanada.com and through travel agents on September 28. All Air Canada flights provide for Aeroplan accumulation and redemption and, for eligible customers, priority check-in, Maple Leaf Lounge access, priority boarding and other benefits. Canadian North Aurora Rewards members can enjoy free access to the Plaza Premium Lounge with free breakfast in Edmonton…

