There are more credit card options in Canada than you can shake a stick at! Stay on top of the best rates and plans right here.
Latest News
Weekly rate report: Average card rate registers at 16.92 percent for fourth week + MORE Sep 26th
September 26, 2018: The average credit card interest rate didn’t budge Wednesday, according to the CreditCards.com Weekly Credit Card Rate Report..... More »
December 21 Update: Use TD Rewards Points for Amazon purchases and Air Transat's Boxing Day sale Dec 21st
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. This update is brought to you by the HSBC World Elite Mastercard which is currently offering a welcome bonus of up to 100,000 bonus points!.... More »
2019 will bring big changes, more control to first-time borrowers + MORE Jan 7th
Beginning this year, young borrowers with thin or non-existent credit histories will be able to proactively influence their FICO scores by granting credit bureaus access to more of their financial information..... More »
RWRDS Daily Update – March 18, 2024 + MORE Mar 19th
Three new Amex Offers for Air Canada, Dior & William Ashley; we've updated our Guide to No Foreign Transaction Fee Credit Cards for Canadians and Catch up on This Week in RWRDS. Check out today's points & miles updates here:
The post RWRDS Daily Update – March 18, 2024 appeared first on .... More »
A look at how the current TD Aeroplan Visa Infinite Card sign up offer of up to 40,000 miles can provide huge value! Sep 17th
Earlier this month TD came out with an amazing new offer for the TD Aeroplan Visa Infinite Card. The offer provides the best ever welcome bonus of up to 40,000 Aeroplan Miles and a first year annual fee rebate for the primary card. The 40,000 Aeroplan Miles welcome bonus is broken down into .... More »
How to help a 17-year-old build good credit, in 3 steps
– creditcards.com
At that age, just shy of adulthood, it’s the right time, and parents can help
June 20 Update: New Holiday Inn opens in Montreal, 400 Free Best Buy Rewards Zone points, $20 off Avianca flights
– RewardsCanada.ca
News, Tips & Tricks IHG (InterContinental Hotels Group) opened their newest hotel in Canada last week. The Holiday Inn Hotel & Suites® Montreal Centre-ville West located in downtown Montreal is their 16th location in Quebec. This urban hotel is located steps away from the Bell Center, Place du Canada and Old Montreal, making it the perfect destination for business travelers, families and vacationers. The hotel encompasses 15 floors of a high-rise multi-use building that also includes apartments. The Holiday Inn Hotel & Suites Montreal Centre-ville West features an Indoor salted swimming pool with steam bath and whirlpool, Fully-equipped fitness center and Guests can enjoy delicious Southern Italian and American cuisine at Le Restaurant Crossbar Best Buy is offering 400 Best Buy Rewards Zone points for continuing to subscribe to their emails. Not sure if everyone is getting this or only select members. Be sure to check your email for it. We’ve updated the latest offers for the TD Aeroplan Visa Infinite and Infinite Privilege cards across our site…Home Capital inks deal to sell $1.2B of mortgage assets to KingSett Capital
– canadianbusiness.com
Home Capital Group is selling $1.2 billion in mortgage assets to real estate-focused private equity firm KingSett Capital as it looks to stabilize its position following a flood of customer withdrawals from their savings accounts.
The deal will allow Home Capital (TSX:HCG) to reduce its debt, after taking on an emergency $2-billion line of credit with onerous terms from the Healthcare of Ontario Pension Plan.
The alternative mortgage lender says it expects to lose approximately $15 million on the transaction.
Home Capital says KingSett will buy the portfolio for 99.61 per cent of its outstanding principal value, less a share of future credit losses.
The company will initially receive 97 per cent of the outstanding principal value of the mortgages. The remainder will be subject to any credit losses in the portfolio.
“This transaction will help the company further stabilize its liquidity position and highlights the flexibility and options created by the quality of our assets,” Bonita Then, Home Capital’s interim president and CEO, said in a statement…
The deal will allow Home Capital (TSX:HCG) to reduce its debt, after taking on an emergency $2-billion line of credit with onerous terms from the Healthcare of Ontario Pension Plan.
The alternative mortgage lender says it expects to lose approximately $15 million on the transaction.
Home Capital says KingSett will buy the portfolio for 99.61 per cent of its outstanding principal value, less a share of future credit losses.
The company will initially receive 97 per cent of the outstanding principal value of the mortgages. The remainder will be subject to any credit losses in the portfolio.
“This transaction will help the company further stabilize its liquidity position and highlights the flexibility and options created by the quality of our assets,” Bonita Then, Home Capital’s interim president and CEO, said in a statement…
Aeroplan Star Partner Locator now available online
– RewardsCanada.ca
Aeroplan reached out to us last night to pass along some great news for award bookings on their Star Alliance partners.Aeroplan members now have access to the STAR PNR online which eliminates the need to call the Contact Centre to select seats on Star carriers. By now seeing your actual Star Carrier PNR you can go straight to that carrier’s website and use the PNR provided by Aeroplan to select your seats.Definitely makes the process of seat selection and even check in on these partners much easier. While it is Star Alliance at this time one can assume that having this system in place right now will allow Aeroplan to provide with whichever airlines they continue to partner with or add as partners come 2020. Up to 500 Bonus AIR MILES when you book a hotel stay via the AIR MILES Travel Hub
– RewardsCanada.ca
Another bonus for booking hotels via the AIR MILES Travel Hub! The AIR MILES Travel Hub, a is a hotel booking engine powered by PointsHound.com and allows AIR MILES Collectors to book stays at more than 150,000 hotels and all-inclusive resorts around the world and earn additional AIR MILES Reward Miles for those stays. As always with third party booking options there are pros and cons to booking with them. The pros are that you can earn miles at hotels that you may not normally earn any miles or points at (ie independent boutique hotels) and you can earn miles at hotels that are not normally associated with that loyalty program (ie a chain that does not partner with AIR MILES). The cons are that you may not be getting the best price (always compare with sites like Trivago, Expedia etc.), you may not earn hotel points or elite qualification (many hotel programs do not award points for booking via OTA’s and third party sites) and you may not receive hotel elite status perks like late check out, upgrades etc…

