There are more credit card options in Canada than you can shake a stick at! Stay on top of the best rates and plans right here.
Latest News
The Aeroplan eStore 12 Days of Gifting returns from December 3 to 14 + MORE Dec 3rd
Aeroplan eStore's annual 12 Days of Gifting has returned. This promotion has a different online retailer each day during the 12 days with an bonus for shopping with them. On the launch day it's lululemon being featured with 10x points on all eligible purchases made today. The landing page for .... More »
The HSBC World Elite Mastercard will undergo some changes in February + MORE Nov 1st
The best travel rewards Mastercard in Canada will be undergoing some changes in February. The no foreign transaction fee HSBC World Elite® Mastercard® has been making inroads in our market since its launch in 2017 and will now see its first major revamp. The news is both good and not so good ̵.... More »
What Happens to Your Points When You Cancel a Rewards Credit Card? + MORE Mar 21st
The moment you redeem your credit card rewards can feel exhilarating. Maybe you’ve treated yourself to new merchandise, event tickets, or a free flight. But, when it is time to upgrade your credit card or cancel it altogether, the outcome may not be so joyous.
Depending on the type of rewards car.... More »
Looking for a mortgage in B.C.? Don’t limit your options to the big banks + MORE 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 »
New! Earn 4% cash back in the first 6 months on the no fee SimplyCash Card from American Express + MORE May 20th
Today we see American Express boost the introductory welcome bonus on their great no fee cash back credit card, the SimplyCash Card from American Express. As of today the welcome offer jumps to 4% cash back on all purchases (up to $200 cash back) for the first 6 months. Typically the offer is .... 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…
