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Ontario scientists discover hidden gem on Mars, here’s what it can teach us about the planet’s history - NOW Toronto + MORE Jul 2nd
Ontario scientists discover hidden gem on Mars, here’s what it can teach us about the planet’s history NOW Toronto.... More »
‘Extinct’ bird species reappeared on Indian Ocean island after 30,000-year gap, Brit researchers discover - The Sun + MORE May 12th
‘Extinct’ bird species reappeared on Indian Ocean island after 30,000-year gap, Brit researchers discover The SunBird That Became Extinct 136000 Years Ago Has Come Back From Dead The Daily Beast'Back From the Dead': Bird That Went Extinct 136,000 Years Ago Has Reappeared&nb.... More »
RWRDS Daily Update – October 18 + MORE Oct 19th
Here’s your Rewards Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. Marriott Bonvoy cuts transfer bonuses for three airlines Marriott Bonvoy continues with more modifications to their program. The latest comes in the points to miles.... More »
Small Business Credit Profile: Cowboy Cricket Farms Aug 29th
A couple of credit cards funded an edible insect business whose products are carried in nearly 50 retailers throughout the country..... More »
45,000 point offer on the Scotia Gold American Express ending early, Oman Air will join the oneworld Alliance & Novotel Hotels celebrates the LIGHTYEAR Movie Jun 20th
Here's your Rewards Canada Daily update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. We have been advised that the current welcome bonus offer on the Scotiabank Gold American Express card will now end on June 29 instead of July 4. The offer provi.... More »
Pay debt or invest? How to use your tax refund
– moneysense.ca
OTTAWA — Many tax filers recognize that paying down debt or investing are smarter ways to spend their tax refund than splurging on a new big-screen TV or a quick weekend getaway.
But with household debt levels near record levels and interest rates starting to climb, the choice between saving or reducing the amount owed has become an increasingly important decision.
Those with refunds need to consider their whole financial picture when weighing the choice, said Andy Nasr, director and lead investment strategist at Scotia Wealth Management.
READ: Tax changes Canadians need to know before April 30
“This isn’t just about investing, it’s about really developing a plan to preserve and accumulate wealth and that’s going to vary from person to person,” he said.
“It is going to depend on your objectives and your risk tolerance.”
If you have high-interest debt such as a balance on a credit card, using your tax refund to reduce or eliminate that debt should be the priority…
But with household debt levels near record levels and interest rates starting to climb, the choice between saving or reducing the amount owed has become an increasingly important decision.
Those with refunds need to consider their whole financial picture when weighing the choice, said Andy Nasr, director and lead investment strategist at Scotia Wealth Management.
READ: Tax changes Canadians need to know before April 30
“This isn’t just about investing, it’s about really developing a plan to preserve and accumulate wealth and that’s going to vary from person to person,” he said.
“It is going to depend on your objectives and your risk tolerance.”
If you have high-interest debt such as a balance on a credit card, using your tax refund to reduce or eliminate that debt should be the priority…
Children flying solo? How to save on unaccompanied minor fees
– creditcards.com
When buying airfare for an unaccompanied minor, you may be able to pay with your card points and use a premium card’s travel credits to cover the added fees.
RBC says it has resolved technical problem with some credit card transactions
– canadianbusiness.com
TORONTO _ Royal Bank of Canada says it has fixed technical issues that affected some credit card transactions this morning.
Numerous people complained Friday morning via social media that their RBC Visa purchases were declined.
At least one person was able to use an RBC Mastercard as an alternative payment at the same location.
An RBC representative said mid-morning that the technical problem was investigated and resolved.
The bank said it regrets the inconvenience and encourages clients to contact RBC if they experience any issues with their cards.
Several people took to Twitter to complain about the inconvenience, starting about 7 a.m. Eastern Time _ about three hours before the bank said the problem had been fixed.
The post RBC says it has resolved technical problem with some credit card transactions appeared first on Canadian Business – Your Source For Business News.
Numerous people complained Friday morning via social media that their RBC Visa purchases were declined.
At least one person was able to use an RBC Mastercard as an alternative payment at the same location.
An RBC representative said mid-morning that the technical problem was investigated and resolved.
The bank said it regrets the inconvenience and encourages clients to contact RBC if they experience any issues with their cards.
Several people took to Twitter to complain about the inconvenience, starting about 7 a.m. Eastern Time _ about three hours before the bank said the problem had been fixed.
The post RBC says it has resolved technical problem with some credit card transactions appeared first on Canadian Business – Your Source For Business News.
