The “Big Five” Canadian banks offer credit cards and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Did you know that there are many other options?
Latest News
July 7 Update: BMO card changes coming later this week, AIR MILES adds All Purpose Realty as a partner & closure of NEXUS enrollment centers extended + MORE Jul 8th
Have you been contemplating the BMO No Fee Rewards Mastercard with its 20,000 point bonus? Grab it now as that offer will change on Friday! On the other hand if you have been thinking about the card's sibling, the BMO Rewards World Elite Mastercard wait to apply for it. The sign up offer gets b.... More »
January 15 Update: New welcome offers on the RBC Avion Visa Infinite & Rewards+ Visa cards and double points on Best Western stays until the end of January Jan 16th
Here's your Rewards Canada Daily update! Your daily dose (or near daily dose) of loyalty program, credit card and travel news, bonuses, deals and more. The RBC Rexall partnership we detailed earlier this week also include new welcome offers on two of RBC's credit cards. If you apply via the R.... More »
Why we overspend to earn rewards points Jun 21st
Even the most financially disciplined person might catch themselves chasing rewards from a credit card or loyalty rewards program. It’s not just you or a lack of willpower; credit card issuers and retailers design rewards programs to tap into the psychology of spending.
Research shows that peop.... More »
Best ever welcome bonus on the TD First Class Visa Infinite Card - earn up to 100,000 welcome points + first year free Apr 25th
The TD® First Class Travel® Visa Infinite* Card is currently offering a welcome bonus of up to 100,000 points along with an annual fee rebate for the primary and additional cardholders for the first year. Not only does this tie the best ever bonus seen on the card it is also one of the highest .... More »
RWRDS Daily Update Sep 10: We review the Home Trust Preferred Visa Card + MORE Sep 11th
The Home Trust Preferred Visa card receives the RWRDS Canada review treatment and New Amex Offers for Fubo & Uniworld River Cruises. Check out today's points & miles updates here:
The post RWRDS Daily Update Sep 10: We review the Home Trust Preferred Visa Card appeared first on Rewards Can.... More »
TD Bank raises rate for variable-rate mortgages
– moneysense.ca
TORONTO – TD Bank (TSX:TD) is raising the interest rate it charges customers with variable-rate mortgages.The bank is increasing its TD Mortgage Prime rate to 2.85 per cent from 2.7 per cent, effective Tuesday.
Customers with fixed-rate mortgages are unaffected by the change.
TD’s prime rate for other products with a variable interest rate, such as lines of credit, are not affected as that rate remains at 2.7 per cent.
.cbR{box-sizing:border-box;display:block;width:100%;margin:1em 0;border:1px solid #bbb;padding:.5em}@media (min-width:480px){.cbR{width:250px;margin:0 0 1em 1em;float:right}}Expect tougher mortgage rules by November
Borrowers with variable-rate mortgages often negotiate a discount to the prime rate, but the rate they pay still goes up and down as the prime rate changes.
The increase means borrowers with variable-rate mortgages at TD will see a larger portion of their mortgage payment go toward paying interest instead of repaying principal if their payment remains the same…
Simple strategies for increasing your card rewards
– creditcards.com
First, shift monthly spending from cash and checks to credit
Review: Scotiabank Gold American Express® Card
– ratesupermarket.ca
Looking to earn travel rewards faster? The Scotiabank Gold American Express® Card is a quick route to getting you to the destination of your dreams. As part of the Scotia Rewards program, cardholders can earn four times the points on gas stations, grocery stores, dining and entertainment experiences, while earning one point per dollar on all other purchases wherever American Express is accepted. Points can be redeemed for travel, gift cards, merchandise, experiences, charitable donations, investments and more.
Cardholders get access to the American Express Travel Privileges program and receive special offers including discounts on cruises, hotels, airfare, car rentals and even full vacation packages. And, if you’re new to Canada, it’s part of the StartRight program meaning you don’t necessarily have to have a credit history in Canada in order to use it. All in all, it’s a well-rounded piece of plastic that just happens to be RateSupermarket.ca’s 2015 Best of Finance winner for best travel rewards credit card with a fee in Canada…
