Folks, pay more than the credit card minimum + MORE Feb 23rd

This week, new research from TransUnion found that Canadian consumers who make more than the minimum payments monthly on their credit card debt are also more likely to make higher payments on other types of credit as well. The research, which looked at consumers in Canada, Hong Kong and the United States, showed that the more consumers pay over their minimum payment due for credit cards or other revolving lines of credit, the less likely they are to be delinquent on their debt.
The news was especially good for Canadians. According to the survey of 1,100 Canadian consumers, 88% indicated that they more often pay a greater amount than their minimum due on revolving debts each month. “Our findings are good news for Canadian consumers,” said Todd Skinner, president of TransUnion. “Even if consumers can’t pay the full balance, they may now find that lenders view them more positively depending on the amount they pay.
But there was troubling news as well. About 40%, or 4 in 10 Canadians, were uncertain about the importance or benefits of paying off more than the minimum due…

Transborder Aspire Lounge Entrance – Photo courtesy of Swissport To start our latest vacation the Rewards Canada family recently visited the new Transborder Calgary Airport Aspire Lounge. This lounge opened up on October 31, 2016 along with the entire new International terminal at YYC. This is the only transborder lounge in YYC as the old Rocky Mountain Lounge is now closed and is one of four lounges available in Calgary. The other three are the Aspire Lounge International, Chinook Lounge (Domestic) and Air Canada Maple Leaf Lounge.The Lounge The new lounge has a much more open feel than the old Rocky Mountain lounge with lots of seating in booth areas, bar seats and bench seating. The lounge also has some loungers in semi enclosed areas where you can watch TV. The seats in the booth areas all featured cubbies for small carry on items and more importantly individual plugs for charging all your electronics!Here are some general photos I took of the lounge:At the check in desk!Middle of the lounge seating with bar stools to the backThese are the seats with the cubbies and plug ins to charge your electronicsFood & DrinksOutside of the peace and quiet of lounges the biggest draw for many to business class lounges are the food and drink options…

Travel insurance can be tough to understand, and if you’re not reading the fine print, you could be relying on inaccurate myths to inform your coverage decisions. Luckily, InsurEye, a Canadian insurance education site has compiled a massive list of 111 insurance myths that are out there. We’ve looked at the top 10 auto insurance myths, top 15 home insurance myths and top seven disability insurance myths. InsurEye debunked them all for you. Here are the top nine travel insurance myths to consider before you buy this coverage for your next trip outside Canada.
1. MYTH: Provincial insurance such as OHIP provides enough coverage during your trips outside of Canada.
FACT: No, provincial programs such as OHIP in Ontario, RAMQ in Quebec, AHCIP in Alberta or MSP in British Columbia provide very limited coverage that doesn’t exceed a couple of hundred dollars per day. A single day in a U.S. hospital can cost you up to $10,000. So consider getting travel medical insurance when travelling or alternatively, make sure that your credit card provides necessary coverage…

‘One early group, the Society of Guardians for the Protection of Trade against Swindlers and Sharpers, was established in London in 1776.’

News, Tips & TricksAeroplan’s Match Weeks are returning for 2017! Match Weeks is where Aeroplan will match all mileage donations made to 10 of their charitable partners. The Match Weeks will kick of next week the The Stephen Lewis Foundation. If you were planning to donate to one or more of these foundations, of course it is good to donate at anytime but even better if you can do so during a Match Week! (Source Aeroplan) The Stephen Lewis Foundation (February 27 ‒ March 5) ‒ The Stephen Lewis Foundation works with community-level organizations which are turning the tide of HIV/AIDS in Africa by providing care and support to women, orphans, grandmothers and people living with HIV and AIDS.David Suzuki Foundation (March 27 ‒ April 2) ‒ The David Suzuki Foundation’s mission is to protect the diversity of nature and our quality of life, now and for the future.Doctors Without Borders/Médecins Sans Frontières (MSF) (April 3 ‒ 9) ‒  MSF provides medical care to people caught in many kinds of catastrophes around the world, including armed conflicts, natural disasters such as floods and earthquakes, epidemics of disease and malnutrition crises…