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Latest News
Weekly Shopping Bonus Offers Round Up: Scene+, PC Optimum, AIR MILES & more Dec 26th
It’s Thursday! So you know what that means! Here is your weekly shopping bonus offers round up. Be sure to check your accounts and load all your personalized shopping offers. AIR MILES AIR MILES has a great Boxing Day bonus of 20x miles on all eligible purchases made site wide via AIR MILES Shops..... More »
Receive up to 50,000 points back on Aeroplan hotel bookings + MORE Nov 14th
Air Canada Aeroplan has brought back a “points back” promotion for booking hotel stays with your Aeroplan points. Members can receive up to a 50,000 Aeroplan points rebate when registering for this offer and redeeming for eligible stays. This time the tiered offer is capped at 40,000 points reba.... More »
After payment processors prompt removal of Steam games, journalists investigating the censorship resign - Notebookcheck + MORE Jul 21st
After payment processors prompt removal of Steam games, journalists investigating the censorship resign NotebookcheckValve confirms credit card companies pressured it to delist certain adult games from Steam PC GamerAustralian anti-porn group claims responsibility for Steam's n.... More »
Why now is the right time to get the Platinum Card from American Express + MORE Jul 29th
With its $699 annual fee the most expensive publicly available card in the Canadian market is The Platinum Card® from American Express. Right away that number seems to turn many people away but in reality, if you do any travel, and it doesn't have to be a lot of travel - paying.... More »
REMINDER The credit card to consider getting right now - August 2022 + MORE Aug 23rd
We continue our monthly feature where we recommend a card to consider applying for right away during the course of the current month. How do we pick which card should be highlighted? We'll look at numerous factors however in most cases it will primarily be due to the limited time offer on .... More »
Equitable Bank grows deposit base, leaves credit line untapped
– theglobeandmail.com
As of June 30, Equitable had just over $10-billion in deposits, up from $9.95-billion at the end of March
Aimia in talks with new Aeroplan partners as it braces for Air Canada’s departure
– canadianbusiness.com
Loyalty program operator Aimia Inc. (TSX:AIM) swung to a loss of $25.1 million in its latest quarter as it said it’s in talks with a number of potential partners to replace its departing Aeroplan partner Air Canada (TSX:AC).
CEO David Johnson wouldn’t provide details of the Montreal-based company’s plans for replacing Air Canada on a conference call with analysts Thursday, but said to “expect a re-invented program which will continue to be multi-airline.”
Johnson and departing chief financial officer Tor Lonnum said during the call that Aimia’s diversified customer base and cash resources are giving management time to cut costs, simplify the business and find new offerings for card holders.
Still, Johnson said Aeroplan customers mainly use their points for travel, and that’s likely to continue both before and after 2020 when Air Canada will begin to operate its own points program.
By the end of 2019, Aimia said it expects to reduce annualized costs by $70 million, in part by cutting its workforce by 10 per cent this year…
CEO David Johnson wouldn’t provide details of the Montreal-based company’s plans for replacing Air Canada on a conference call with analysts Thursday, but said to “expect a re-invented program which will continue to be multi-airline.”
Johnson and departing chief financial officer Tor Lonnum said during the call that Aimia’s diversified customer base and cash resources are giving management time to cut costs, simplify the business and find new offerings for card holders.
Still, Johnson said Aeroplan customers mainly use their points for travel, and that’s likely to continue both before and after 2020 when Air Canada will begin to operate its own points program.
By the end of 2019, Aimia said it expects to reduce annualized costs by $70 million, in part by cutting its workforce by 10 per cent this year…
Loyalty program operator Aimia Inc. swung to a loss of $25.1 million in its latest quarter as it said it’s in talks with a number of potential partners to replace its departing Aeroplan partner Air Canada.
