All about Canadian credit cards. Learn the ins and outs and get the latest news.
Latest News
Earn 7x Aeroplan Points for Apple Store purchases made by October 14 + MORE Oct 13th
Aeroplan has brought back their 7x points offer for shopping online with Apple! This works for all eligible online purchases, even those you pick up in store! This is how I used to do all my Apple purchases, buy online and pick up typically within 2-3 hours at the Apple store all the whi.... More »
Credit Verify Review: Credit Monitoring for a Price + MORE Jan 21st
To build and maintain a good credit rating, you should often check your credit score and bureau report. As they say, what gets measured, gets improved. To do this, you’ll need to sign up with a company that helps you monitor your credit.
Credit Verify is one of those companies. In this Credit Veri.... More »
Receive 20% points back on Aeroplan hotel bookings Jun 17th
Air Canada Aeroplan has brought back a “points back” promotion for booking hotel stays with your Aeroplan points. Members receive 20% Aeroplan points back when registering for this offer and redeeming for eligible stays booked via Air Canada. Just like the other versions of this promotion, this .... More »
Canadian American Express Cards will lose non-lounge benefits from their Priority Pass Memberships May 29th
If you happen to read any non-Canadian based points and miles blogs you may have seen the news yesterday that Loyalty Lobby broke about changes to Priority Pass memberships issued via American Express in Hong Kong. Fast forward a couple of hours and Gary at View From The Wing had confirmation the sa.... More »
RWRDS Daily Update April 10: The Ultimate High End Traveller Credit Card portfolio Apr 10th
The Ultimate High End Traveller Credit Card portfolio and Earn Alaska Airlines MVP Status with just one round trip flight to Australia or New Zealand. Check out today's points & miles updates here:
The post RWRDS Daily Update April 10: The Ultimate High End Traveller Credit Card portfolio appea.... More »
April 26 Update: Changes coming to the Scotiabank Gold American Express and Momentum Visa Infinite Cards, PC Optimum redemption bonus event this weekend & more!
– RewardsCanada.ca
If you read Red Flag Deals or Reddit you may have seen news about upcoming changes to the Scotiabank Gold American Express Card and Scotia Momentum Visa Infinite Card. We are working on getting more details of the changes and have a call with Scotia next week about them and will follow up with a post with all the details. It does seem the details that were leaked and revealed on RFD a couple of days ago of the changes coming on August 1st are legit. Here are the images that are being shared:Scotia is really upping their game again and really making the claim as Canada’s rewards bank more of a reality- the Scotiabank Gold American Express seeing 5x points (still capped at $50K) and No Foreign Transaction fee makes this card even better. In fact it is a big time Cobalt challenger if you don’t need to convert points to Marriott. It does surprise me as they are also now competing against their own Passport Visa Infinite Card with the no foreign transaction fee and better earning! I’m guessing Scotia wants clients to carry both cards and in reality that can make a lot of sense…What Should You Do With Your Tax Return?
– ratesupermarket.ca
Getting a bit of extra money is always a bonus, and it turns out the average tax return in Canada is around $1,600. In 2019 so far, the CRA reports the average tax return at $1,614. So if you get a refund, what should you do with it?
If you decide to invest it, what’s the best vehicle? A lot depends on your appetite for risk, your investment experience and your overall financial status. Here are some basic things to think about when it comes to some of the most common options: GIC, RRSP contribution, TFSA, playing the stock market or having a little fun.
Debt Reduction: Pay off Credit Cards
If you have high-interest credit cards with a balance owing it might be most prudent to pay those down. Reducing high-interest consumer debt makes it easier to pay down your debts overall, and frees up money in the future for other investments.
Playing it Safe: GICs and Savings Accounts
A guaranteed income certificate (GIC) is just that: guaranteed. For a modest investment you’ll get back your principal and a set return…
