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
Coast Capital Savings Credit Union Review Nov 13th
Coast Capital Savings is a BC-based credit union with a long history dating back to the 1940s. As a federally chartered credit union, it has expanded its services to members across Canada, offering a wide range of personal banking products and services.
If you’re unfamiliar with Coast Capital,.... More »
Walmart Rewards World Mastercard coming this September Aug 15th
The market continues to get flooded with new credit cards. One of the latest to be announced is the Walmart Rewards World Mastercard. The card is being released just as the original Walmart Rewards Mastercard celebrates its 10th anniversary in Canada. The new card will open up for applications.... More »
Haven’t you damaged your credit card products enough? More negative changes coming to BMO cards Nov 13th
For long time readers of RWRDS Canada you know I have no love lost with BMO. Out of the big 5 banks they have been the absolute worst in devaluing, changing and shadily marketing their products over the past decade or so. Now, we get even more negative changes from this bank, whose cards don’t.... More »
Aeroplan and Esso to split as the latter joins forces with PC Optimum + MORE Mar 15th
Late on Monday night news came out that the relationship between Esso and Aeroplan was coming to end on May 31 (Thanks to Anshul at PointsMilesandBling for the heads up) Following that, yesterday morning further news came out that Esso was partnering with Loblaw's PC Optimum program. Of course for A.... More »
Q&A: What to do if merchant details on card statement are unfamiliar Oct 8th
Finding charges inaccurately reported on credit card statements can be annoying, but disputing them can be cumbersome. Keeping receipts and tracking expenses can help you figure out legitimate expenses without having to initiate a chargeback..... More »
David Sax pens a nostalgia-evoking love letter to analog
– macleans.ca
Cover of ‘The Revenge of Analog’ by David Sax. (No Credit)THE REVENGE OF ANALOG
By David Sax
Two-thirds of the way through this book full of middle-aged, middle-class white people finding markets for products that remind them of their childhood (vinyl, board games, paper notebooks, etc.), a Detroiter at a dive bar downs a shot of whisky and tells David Sax, “We put our value in technology jobs and forget those who built things. We treat them as inferior. If we continue that, our country is f–ked.”
This particular chapter is about Shinola, the Motor City producer of handmade watches that’s been slammed for making luxury goods most Detroiters can’t afford, but that, as Sax reminds us, has at least created half-decent manufacturing jobs. One salient impact of the digital revolution—including automation and the technological disruption of industry—has been to leave a lot of people out of work, and Sax’s championing of everything analog is most vital when the stakes are high…
Taking credit card fees out of employees' tips
– creditcards.com
Yes, you can take card fees out of charged tips, but your employees may resent the practice
Second Cup signs deal for $8-million loan following review of strategic options
– canadianbusiness.com
MISSISSAUGA, Ont. – The Second Cup Ltd. (TSX:SCU) has signed a deal for a four-year, $8-million secured term loan from an affiliate of Serruya Private Equity following a review of its strategic options.
The company says proceeds from the loan will be used to repay its existing $6-million credit facility and for general corporate purposes.
Second Cup had established a special committee to review its strategic options. Such moves often result in a sale or other major transaction.
The company said Monday that the special committee has fulfilled its mandate and is no longer required.
The loan carries an interest rate of 10 per cent and includes warrants to purchase up to 600,000 common shares at a strike price of $2.75 per share.
The company has also agreed to nominate someone from Toronto-based Serruya Private Equity to sit on its board of directors.
The Second Cup was founded in 1975 and has more than 295 franchised and company-owned cafes in Canada.
The post Second Cup signs deal for $8-million loan following review of strategic options appeared first on Canadian Business – Your Source For Business News.
The company says proceeds from the loan will be used to repay its existing $6-million credit facility and for general corporate purposes.
Second Cup had established a special committee to review its strategic options. Such moves often result in a sale or other major transaction.
The company said Monday that the special committee has fulfilled its mandate and is no longer required.
The loan carries an interest rate of 10 per cent and includes warrants to purchase up to 600,000 common shares at a strike price of $2.75 per share.
The company has also agreed to nominate someone from Toronto-based Serruya Private Equity to sit on its board of directors.
The Second Cup was founded in 1975 and has more than 295 franchised and company-owned cafes in Canada.
The post Second Cup signs deal for $8-million loan following review of strategic options appeared first on Canadian Business – Your Source For Business News.
David Sax pens a nostalgia-evoking love letter to analog
– macleans.ca
Cover of ‘The Revenge of Analog’ by David Sax. (No Credit)THE REVENGE OF ANALOG
By David Sax
Two-thirds of the way through this book full of middle-aged, middle-class white people finding markets for products that remind them of their childhood (vinyl, board games, paper notebooks, etc.), a Detroiter at a dive bar downs a shot of whisky and tells David Sax, “We put our value in technology jobs and forget those who built things. We treat them as inferior. If we continue that, our country is f–ked.”
This particular chapter is about Shinola, the Motor City producer of handmade watches that’s been slammed for making luxury goods most Detroiters can’t afford, but that, as Sax reminds us, has at least created half-decent manufacturing jobs. One salient impact of the digital revolution—including automation and the technological disruption of industry—has been to leave a lot of people out of work, and Sax’s championing of everything analog is most vital when the stakes are high…
Second Cup signs deal for $8-million loan after reviewing strategic options
– theglobeandmail.com
Company says proceeds will be used to repay its existing $6-million credit facility and for general corporate purposes
