All about Canadian credit cards. Learn the ins and outs and get the latest news.
Latest News
Top 5 Small Business Credit Card Sign Up offers for April - These cards provide the best value out of their welcome bonuses Apr 13th
Here are the Rewards Canada Top 5 Small Business Credit Card Sign Up offers for this month! This is not a 'best' credit card list like our Top Travel Rewards Credit Card rankings but instead a look at cards for small businesses that have very good acquisition (welcome/sign up) offers. As a.... More »
Marriott Bonvoy American Express credit cardmembers can earn an additional 2,000 bonus points per Marriott stay + MORE Aug 28th
The fall systemwide promotion from Marriott Bonvoy we detailed last night just got even better if you have the Marriott Bonvoy™ American Express®* Card or the Marriott Bonvoy™ Business American Express® Card. There is an additional offer to register for if you have one of those cards or choo.... More »
From a phone call to financial innovation: The story of Mastercard and Neo Financial - BetaKit + MORE Jul 24th
From a phone call to financial innovation: The story of Mastercard and Neo Financial BetaKit.... More »
Should I shop at Whole Foods if I have an Amazon credit card? + MORE May 8th
With 5 percent back at Whole Foods with an Amazon credit card, it can be tempting to shop there. But you'll need to do the math to see if you'll actually save money.... More »
RWRDS Daily Update – June 22, 2023 + MORE Jun 23rd
Scotiabank Platinum American Express Card review, Porter Airlines confirms Toronto-St. John's flights and One more Walmart coding with 5x points for the Cobalt Card. Check out today's points & miles updates here:
The post RWRDS Daily Update – June 22, 2023 appeared first on Rewards Canada..... More »
6 times when just paying the minimum due makes sense
– creditcards.com
Contrary to popular advice, paying more on your credit cards isn’t always the best option
Survey: Average card APR jumps to record 15.27 percent
– creditcards.com
Dec. 21, 2016: The average APR on new credit card offers rose to an all-time high Wednesday after the Federal Reserve increased its benchmark interest rate, according to the CreditCards.com Weekly Credit Card Rate Report.
Can you unlock a LIRA early?
– moneysense.ca
Q: I have a LIRA from my employment some years ago in the amount of $250,000.I live in Alberta.
Due to downsizing last year, I was laid off. I am now employed but incurred considerable credit card debt and family owed debt while unemployed and would like to gain access to the money. I am 52 years old.
Would I qualify?
—Valerie
A: I’m sorry to hear it has been a tough year, Valerie. I think it’s been a rough one for a lot of Albertans given the price of oil, widespread flooding and the Fort McMurray wildfire. Hopefully, 2017 is better.
Locked-in retirement accounts or LIRAs are not like regular RRSPs. LIRAs come from a transfer of a pension upon leaving an employer, whether from a defined benefit (DB) pension plan or defined contribution (DC) pension plan. You can withdraw from regular RRSPs at any time – LIRAs are different.
The best way to unlock a LIRA early »
Each province has different rules regarding unlocking locked-in accounts. Sometimes, it’s as simple as having a balance below a certain threshold, but generally the unlocking criteria have to do with life events – like financial difficulty…
Why credit applications get denied after recent bankruptcy
– creditcards.com
Try secured cards and becoming an authorized user to rebuild scores
