Remove authorized users before filing for bankruptcy – CreditCards.com + MORE Jan 12th

IHG Rewards Club members can now redeem points for stays at Kimpton Hotels. The brand was bought a few years by IHG and at the start of this IHG finally closed the Kimpton Karma program and made IHG Rewards Club the program for stays at the hotels. Kimpton has 66 hotels in the U.S. and Caribbean and the redemption rates for them are on the high end ranging from 40,000 to 70,000 points per night. Find out more here.Delta Airlines is changing their Halifax to New York JFK route to La Guardia starting May 1st. Nothing else changes with the schedule but may be good for you to know especially if you have already booked flights beyond that date and were expecting to fly into JFK. (Source Routesonline) Posts since our last update: Earn up to 30% Bonus Aeroplan Miles when you fly Air Canada or Air China between Canada and China this spring To celebrate the expanded partnership between Air Canada and Air China as well as the Canada-China Year of Tourism…We want to hear your WestJet More Canada More Rewards stories – did you earn 10 bonus dollars? 1,000? Let us know For the better part of 2017 you could have been or were earning bonus WestJet dollars on flights across Canada…Travel DealsBritish Airways has some amazing fares right now for travel between Canada and the U…

RRSP Contribution
You don’t necessarily need new money in order to come up with the cash to maximize your 2017 RRSP contribution.
That should come as welcome news after all the holiday spending. January makes some big demands on cash flow as credit-card bills come due. Add to that the opportunity to top up your TFSA (as detailed last column), and you probably don’t want to be reminded that the annual RRSP deadline is already looming if you wish to minimize taxes for the just-completed 2017.
First, a quick fact check and reminder on deadlines. This year’s deadline is March 1st, which falls on a Thursday. The maximum you can contribute for 2017 is $26,010 (it will be $26,230 for calendar 2018), assuming you earned sufficient income to get that much room, and that you’re not in a good employer pension plan that chops RRSP room down by the amount of the Pension Adjustment (PA) shown on your T-4. Yes, Virginia, tax time is looming, so brace yourself for the annual blitz of T-4 slips, T-3s and T-5s…

When things start to go south, immediately remove any authorized users to prevent bad credit marks from showing on their credit reports.

Just before the Christmas break Scotia brought out another card to add to their ever expanding portfolio of rewards credit cards, the Scotia Momentum® Mastercard®* Credit Card. There wasn’t too much fan fare with the launch and rightfully so as the card is a mediocre cash back card. Outside of being a Mastercard which means that Scotiabank now offers all three major card brands, the card is essentially a duplicate of their Scotia Momentum No Fee Visa Card.  The card has a base earn of 0.5% on spending which is boosted to 1% on eligible gas station, grocery store and  drug store purchases and recurring bill payments. It really doesn’t have any insurances or benefits included as well. With many other no fee cards they offer a minimum 1% on all spending and even have some travel insurances included so you can see why this card is mediocre in our minds.The sign up bonus for this card is an 7.99% introductory interest rate on purchases for the first 6 months so it could appeal to those who need to extend their credit and not pay off the card every month for the first half a year…