Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
What can I hold in an FHSA? Jan 9th
Would Canadians have access to different account types such as GICs and self-directed investing when it comes to the new tax-free first home savings account, which is rumoured to be introduced this year?It seems this would only make sense as it’s the case with other tax-sheltered accounts (i.e.... More »
The best GIC rates in Canada for 2025 Nov 3rd
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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The best TD credit cards in Canada May 10th
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The best TD credit cards in Canada
We’ve broken down our picks for the best TD credit cards – whether you’re looking for cash back, points, no-fee cash back, or low interest.
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Looking for a mortgage in B.C.? Don’t limit your options to the big banks May 28th
At last, interest rates are coming down again. For Canadians who are in the market for a new home, facing renewal of their mortgage in the foreseeable future, or feeling unsatisfied with their current home loan, this poses two choices: do you pounce now, or stay on the sidelines in the hope that rat.... More »
Best online banks and credit unions in Canada for 2024 Mar 20th
Where can you get the best digital banking experience in Canada? We set out to find out in this inaugural review of the best online banks and credit unions in Canada. To come up with the ranking, MoneySense partnered with Surviscor, a leading Canadian research and consulting firm specializing in fin.... More »
How Do Travel Rewards Work on a Credit Card?
– ratesupermarket.ca
So, you want to take a dream vacation. Is it worth it to rack up charges on your travel rewards credit card? This can be an excellent way for you to save money, but only if you can maintain a reasonable level of spending and pay off your debt in full each month. If you stay on top of your spending and debt level, travel rewards cards can be a way to maximize the value of your everyday purchases.
Before you choose a rewards credit card it is important to think about your lifestyle and purchase habits to find a card that matches. You should also look at the card details to understand how interest will be calculated, what the interest-free period is, and what restrictions or benefits there are, as you collect points. You might want to consider partner brands, added perks, and how long it takes to reach reward thresholds.
What Are Travel Rewards?
With a travel rewards card, you earn points that you can redeem for travel, travel-related purchases, or cash back. Those purchases may include flights, hotels, and attractions in destination cities…
