Canada has several major banks and many schedule II banks – but with rates and plans all over the map, it’s difficult to know where to bring your business. Our aim is to help you navigate Canada’s banking options to discover which one suits your needs best.
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The best GIC rates in Canada for 2024 Jul 25th
Investing
The best GIC rates in Canada
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
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CitiBank Cuts Travel Insurance On Credit Cards
– ratesupermarket.ca
Canadians with Citibank cards may enjoy the benefits that come with it, including travel and insurance perks. But as of September 22, 2019, Citibank has announced it is slashing those benefits – particularly the ones associated with travel.
The benefits that will no longer be honored are worldwide and domestic perks, include travel, baggage, and emergency benefits:
Travel
Citi Price Rewind
Trip cancellation and interruption insurance
Worldwide car rental insurance
Trip delay protection
90-day return protection
Missed event ticket protection
Baggage
Baggage delay protection
Lost baggage protection
Emergency
Worldwide travel accident insurance
Travel and emergency assistance
Roadside assistance dispatch service
Medical evacuation
These cuts to benefits could make it worthwhile to shop online for other cards to obtain travel benefits. While it remains unclear what spurred the change on Citibank’s end, some speculate their recent and expensive acquisition of a partnership with Costco has played a significant role in the decision…
