All about Canadian credit cards. Learn the ins and outs and get the latest news.
Latest News
This Week in RWRDS: May 25 – 31, 2024 + MORE Jun 1st
This week we look at the best card options to replace your PC Mastercards if you are cancelling it as part of the Loblaws boycott, discuss Choice Privileges summer bonus points promotion and more in our weekly credit card and loyalty rewards newscast! Watch This Week in RWRDS here: Listen to This We.... More »
The Marriott Bonvoy American Express Card provides big time value with its limited time best ever welcome offer + MORE Jul 22nd
Back in June American Express revealed the best ever welcome bonuses on their co-brand cards with Aeroplan and Marriott. These offers are extremely lucrative and we've already taken a look at how the Aeroplan offers can provide enormous value (read that post here) and now it's time for us to take a .... More »
50% bonus qualifying spend on bookings with Air Canada for Business & posting issues with the BMO AIR MILES 3x partner multiplier + MORE Jul 13th
Here's your Rewards Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. If your business participates in the Air Canada for Business program now is the time to book flights with Air Canada. From today through to September 30th all compan.... More »
October 1 Update: Primera Air ceases operations, great gift card offer from PC Optimum and more! + MORE Oct 1st
Primera Air, the low cost transatlantic carrier that offered flights out of Toronto to London and Paris has ceased operations. The airline enters bankruptcy protetction and stops all flights on October 2nd. The airline had just announced further Canadian flights for next year including Montreal.... More »
Earn Double Miles with AIR MILES Card Linked offers until July 31 + MORE Jul 27th
When AIR MILES went through their revamp in late 2021 one of the new features they added was Card Linked Offers. This is where you can link any Canadian Mastercard to your AIR MILES account and when you use that card at the merchants featured in Card Linked Offers you earn AIR MILES Reward Mil.... More »
Scotiabank Platinum American Express – The sleeper card in the Canaidan premium card market
– RewardsCanada.ca
One card that does not get too much attention on our site or many others is the Scotiabank Platinum American Express card. The card is a sleeper card. That is, there is little promotion of it, little talk of it but when you consider the benefits that come with it you can see why we call it a sleeper card.We even reminded ourselves of the card, hence this post, when we released our Ultimate High End Credit Card portfolio a few weeks ago. We did consider the card but in reality the ultimate high end card is the Platinum Card from American Express so that card took the Amex slot for the portfolio. However you could give this card consideration if you don’t need all the benefits and the heftier price tag from Amex’s own offering.This card isn’t cheap as well but it is $300 less than The Platinum Card from American Express. At $399 the Scotiabank Platinum American Express Card falls into the realm of less than 10 cards in Canada that have annual fees over $150. That being said, this card fills a great niche for someone who may be a semi-frequent traveller that only travels maybe a half dozen times per year or so…Rate survey: Average card APR falls to 15.77 percent
– creditcards.com
May 24, 2017: The national average APR for new card offers dropped to a four-week low Wednesday, according to the CreditCards.com Weekly Credit Card Rate Report.
Earn up to 75 Bonus WestJet Dollars for travel to Las Vegas
– RewardsCanada.ca
WestJet Rewards has brought back their ever popular Las Vegas bonus. There are two parts to the offer, a flight only bonus and a flight+hotel booking bonus. The flight only offer is huge: 50 bonus dollars on round trip flights to Vegas. Book a flight and a 2 or more night stay at the Wynn Las Vegas or Encore booked via WestJet Vacations and you’ll earn a total of 75 bonus WestJet dollars.Offer details:Earn up to 75 Bonus WestJet dollars when you book travel to Las Vegas. Earn 50 bonus dollars for round trip flights between Canada and Las Vegas. Earn 75 bonus dollars if you book a flight and a 2 or more night stay at the Wynn Las Vegas or Encore booked via WestJet Vacations. Full details, online registration and booking (Registration is required) Book by Jun 25 for travel until Mar 31, 18And why not make your WestJet travels even more rewarding and enjoyable by taking advantage of our Exclusive offer for WestJet Rewards Silver Status when you apply for and receive the WestJet RBC World Elite MasterCard! Home Capital draws $250 million more from emergency line of credit
– canadianbusiness.com
Home Capital Group says it has drawn down a further $250 million this week from its emergency line of credit to repay deposit notes due Wednesday.
That leaves the Toronto-based mortgage company (TSX:HCG) with $350 million left from a $2 billion line of credit provided by the Healthcare of Ontario Pension Plan late last month.
The pension plan provided the loan after Home Capital’s customers began to drain their high-interest savings accounts.
The flood of deposit withdrawals followed allegations filed against Home Capital in April.
Home Capital has denied accusations that it misled investors in statements and comments issued by senior executives, including two former CEOs and a third man who was the lender’s chief financial officer at the time.
The post Home Capital draws $250 million more from emergency line of credit appeared first on Canadian Business – Your Source For Business News.
That leaves the Toronto-based mortgage company (TSX:HCG) with $350 million left from a $2 billion line of credit provided by the Healthcare of Ontario Pension Plan late last month.
The pension plan provided the loan after Home Capital’s customers began to drain their high-interest savings accounts.
The flood of deposit withdrawals followed allegations filed against Home Capital in April.
Home Capital has denied accusations that it misled investors in statements and comments issued by senior executives, including two former CEOs and a third man who was the lender’s chief financial officer at the time.
The post Home Capital draws $250 million more from emergency line of credit appeared first on Canadian Business – Your Source For Business News.
The Moody’s ratings agency on Wednesday cut China’s credit rating due to surging debt, prompting a protest by Beijing and highlighting challenges faced by communist leaders as they overhaul a slowing economy.
