All about Canadian credit cards. Learn the ins and outs and get the latest news.
Latest News
4 Tips to Avoid the Post-Holiday (Financial) Hangover + MORE Jan 4th
New Year’s Day has already come and gone, leaving us to “look forward” to Blue Monday, the (unofficial) most depressing day of the year. This year, Blue Monday falls on January 20, the third Monday of the month. The day is calculated by factoring in things such as weather and, yes, debt level.... More »
Card-linked offers: How I plan to use them to multiply my savings this year + MORE Jan 25th
Card-linked offers don't always jump out at me, but I plan to pay more attention to them this year. They can be paired with store discounts and card rewards to multiply your savings..... More »
American Express Cobalt Card: 26 new confirmed multiplier locations Nov 25th
Here’s our next update to the American Express Cobalt Card Confirmed Multiplier Locations with 26 new locations being added today from Canada and the U.S.. Thanks to the RWRDS Canada community for providing details on thousands of locations where you can use the American Express Cobalt Card to e.... More »
Great deal! WestJet Calgary to Amsterdam for $599 economy class or $2680 business class ($2380 with Amex Platinum) + MORE Sep 20th
WestJet recently announced the return of flights between Calgary and Amsterdam for the winter season and they have some great pricing on the route. The airline was awarded more slots at the Dutch airport so flights will return on November 14 and operate 3x weekly with their Boeing 787 Dreamliner fea.... More »
January 25 Update: SPG offer for Marriott Visa cardholders now live, WestJet moves Whitehorse service to YYC and get your Brazil Visa online + MORE Jan 25th
As we mentioned this past Saturday, a new offer was coming for the Starwood Preferred Guest Credit Card from American Express that is exclusive to those who have the Chase Marriott Premier Visa card. That offer is live now and offers a 25,000 Starpoints bonus and a lower interest rate balance trans.... More »
"Canadians managing credit card debt better than expected" – http://t.co/wN0bKj4Aat
— Creditcards.Ca (@Canada_cc) June 1, 2013
"Experts to Generation Y: Save with your credit card" – http://t.co/bQwllnMsEs
— Creditcards.Ca (@Canada_cc) June 2, 2013
What You Need To Know About Canada’s Deficit
– ratesupermarket.ca
The preliminary numbers from the March fiscal year end are in for Canada’s deficit, and there’s some good news: it has decreased to $18.3 million, compared to $21.6 million as of last year. It’s an indicator the federal government’s plan to cut the deficit is on track, and it’s good news for the Conservative government, which looks to balance the books by 2015.
A lower deficit is also very impactful for the average Canadian. Let’s break down the numbers and take a look at how the deficit factors into our nation’s economy recovery, and what it means for Canadians.
Breaking Down the Numbers
The Conservative government’s cost cutting plans look to be paying dividends. A decrease in program expenses lead to $3.4 billion in savings. This is largely due to job restructuring in the public sector, as the federal government looks to downsize its bloated workforce. Canada’s excellent credit rating also looks to be paying off; public debt charges are down by $2 billion, as we saved on interest payments our federal debt…
Jun 3 Update: Lots of new buy/share/transfer bonuses, Virgin Atlantic reduces Economy award fuel surcharges
– RewardsCanada.ca
June is upon us and with that there seems to be a lot of buy/share/transfer bonuses out! The semi-worthwhile ones are the Diners Club to Avios, US Airways share miles and Hyatt buy points offers. As always, I wouldn’t transfer/buy unless you have a somewhat immediate need for the miles/points (booking for travel News, Tips & Tricks It appears that Virgin Atlantic may be following Air France KLM’s lead by reducing fuel surcharges on Economy Class Flying Club award tickets. (HT View from the Wing) Meanwhile, LoyaltyLobby lets us know that Air France KLM is now offering First Class tickets in their selection of reduced mileage Prom o Awards. Noticably absent for the summer season are any North American routes. Bonus Offers Air Canada Aeroplan- 30% Bonus Aeroplan miles at Points.com when you exchange or trade your points for Aeroplan Miles. More… Until Jun 30, 13British Airways Executive Club- 30% Bonus Avios when you transfer Diners Club Club Rewards Points into British Airways Avios…Are TV ads encouraging credit card use for all purchases sending the wrong message? http://t.co/BsZsl4T0Nw
— RateSupermarket.ca (@RateSupermarket) June 6, 2013
