The “Big Five” Canadian banks offer credit cards and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Did you know that there are many other options?
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Justin Dallaire on making the right money decisions for you (not your bank) Nov 29th
Justin Dallaire joined the MoneySense team three years ago, bringing with him a wealth of business reporting knowledge. He oversees some of our most popular features, including the annual Where to Buy Real Estate list, first-time home buyer guide, credit card rankings and a wide range of mortgage an.... More »
RC23 Spotlight: Air Canada Aeroplan (Prizes: 3 x 23,000 Aeroplan points) + MORE Sep 13th
Air Canad Aeroplan is the next RC23 RWRDS Canada’s 23rd Anniversary Contest sponsor that we are giving the spotlight to! As one of the oldest and largest programs in Canada, Air Canada Aeroplan is well known to Canadians! The program has received a lot of the spotlight since being revamped nearly .... More »
Before it’s Too Late! Best Credit Card Welcome Offers of August 2019 + MORE Aug 2nd
We usually sign up for credit cards because of special features and benefits – from cash-back earning rates to travel perks to balance transfer offers. And one feature that may make or break your decision between one credit card or another is the welcome promotion – a special bonus that adds .... More »
How to maximize your travel credit card perks—even when you aren’t travelling + MORE Aug 5th
With the majority of Canadians now at least partially vaccinated against COVID-19, travel is starting to open up again. We’re seeing friends who’ve been carefully bubbled start to post pictures of their road trips or domestic flights to see family for the first time since the pandemic locked thi.... More »
RWRDS Daily Update April 24: Guide to No Foreign Transaction Fee Credit Cards for Canadians Apr 24th
Guide to No Foreign Transaction Fee Credit Cards for Canadians and save 15% on Coast Hotels Gift Cards. Check out today's points & miles updates here:
The post RWRDS Daily Update April 24: Guide to No Foreign Transaction Fee Credit Cards for Canadians appeared first on Rewards Canada..... More »
A 1099-C does not wipe out unpaid debt from credit reports
– creditcards.com
Even when reported on your tax return, a 1099-C does not automatically clear an unpaid balance from your credit report.
The Bank of Montreal has stopped allowing customers to use its credit cards to buy cryptocurrency such as bitcoin.
March 16 Update: Rogers and Fido Mastercards being devalued, bonus Infinity MileageLand Miles out of YYZ/YVR & more
– RewardsCanada.ca
Yesterday morning Rewards Canada reader J Smith commented on our feature for No Foreign Transaction Fee Credit Cards for Canadians letting us know that there once again changes happening to the Rogers Platinum Mastercard and Fido Mastercard. It hasn’t been too long that these cards underwent changes and now they are at it once again – and the changes, for the most part, aren’t good. You can read all about the changes here. The good news is strictly on the Rogers Platinum Mastercard and that is the annual fee is being removed as of March 13. The card normally carried a $29 annual fee but that was waived if you were a Rogers customer so the card is now a no fee card for everyone. On to the bad news, the two cards are being devalued on the rewards side. The big bright spot for both cards was 4% cash back on foreign transaction purchases, hence it being featured in the No Foreign Transaction Fee Credit Cards piece. The cards do have a 2.5% foreign exchange fee which meant you came out 1… Canadians had 28 per cent more gripes about their banks last year than they did in 2016, according to a new report from the ombudsman overseeing the industry, with bogus credit card charges a particular thorn in the side of many customers.
