50 Bonus AIR MILES when you spend $100 or more via AIR MILES Shops + MORE Mar 24th

The “Big Five” Canadian banks offer credit cards and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Did you know that there are many other options?
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AIR MILES Shops Boxing Week deal - Earn 10x miles site wide for your online shopping + MORE Dec 27th

 If you haven't had enough of online shopping just yet then this week is another good one to get some done and rack up some bonus miles. AIR MILES is offering 10x miles site wide on AIR MILES Shops purchases made by December 31. As long as your purchase meets the minimum requirement for .... More »

The best GIC rates in Canada for 2025 Mar 24th

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. Why trust us MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
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New Amex Offers for mobile wallet payments, buying gift cards for Oxford properties & ordering food from Pizza Nova + MORE Feb 3rd

 Several new Amex Offers offers became available over the past few days. The one that is making many people happy is one for bonus points or a statement credit for using a mobile payment option like Apple Pay, Google Pay etc. Thanks to my wife, Harry B. and Jeff W. who all alerted me to this of.... More »
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Best credit cards for airport lounge access 2020 + MORE Nov 28th

For a frequent traveller, lounge access can help ease a long plane journey, especially if you are stuck with multiple connections. Last summer, I was travelling to Toronto from Hong Kong, and after a 10-hour flight to Vancouver, it was nice to have access to food and drink, a quiet place to rest, en.... More »

Annual fee vs. rewards value: Canadian credit cards worth the cost in 2026 Jun 13th

When choosing a credit card, the annual fee is one of the biggest considerations. In Canada, fees vary widely, from $0 to nearly $800 a year—and it’s easy to assume that paying more automatically means getting more value. But that isn’t always true. A high-fee card can deliver strong reward.... More »
Great News - Scotiabank postpones planned increase to select non-travel point redemption optionsLast week we brought you the news that Scotiabank was raising the point requirements for select non-travel point redemption options – namely Points for Credit, Gift Cards and Apple/Best Buy Catalogues. In that post we stated the following:”It really sucks when redemption rates get nerfed like this and it’s taking place at a really bad time in the market. Looks like Scotia may be finding the increased earn rates on their Gold American Express card and No Foreign Transaction fees on their two most popular cards are cutting into their revenues and they need to make up for it elsewhere.As many Canadians are going to be stretching their dollars over the next few months and many are hoping to have their points help them along the way it may be time for Scotia to provide some good will and postpone these changes until late summer or early fall when (hopefully) things are back to normal in this world.”And thanks to Rewards Canada reader Vino V. for letting us know that Scotia has decided not to go ahead with the planned changes on May 4! Here is what they have put on their site:Update to Important Notice: We recognize that this is an uncertain time for everyone and are here to help our customers navigate this uncertain time…

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Amazon Canada temporarily unavailable via AIR MILES ShopsWhen we were posting about the new bonus offer for shopping via airmilessshops.ca this morning there was a new pop up on the shopping portal’s site:”ATTENTION: Starting March 23, 2020, and until further notice, Amazon will temporarily be unavailable through airmilesshops.ca due to the impact of COVID-19. We apologize in advance for any inconvenience this may cause.”This follows our post from last week discussing the Amazon.ca limitations that were put in place on most shopping portals where only Aeroplan and AIR MILES were rewarding shopping in select categories and all cash back sites stopped rewarding cash back. This means that as of this morning only Aeroplan eStore is offering miles on a very limited selection of categories with Amazon.ca but I expect that will change soon.

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Canadian Credit Card Companies Are Offering Relief to Customers Affected by COVID-19
Early last week, the government announced a myriad of relief efforts, including immediate plans to extend the 2019 tax deadline for individuals to June 1, 2020. Following suit, major cities, including Toronto, granted extensions to grace periods for utility bill payments and launched measures for further aid.  
The top Canadian banks announced unprecedented mortgage relief to homeowners affected by COVID-19. “This support will include up to a six-month payment deferral for mortgages, and the opportunity for relief on other credit products,” the press release noted.  
To relieve financial pressures amid the COVID-19 crisis, many Canadian financial institutions are standing by their customers and supporting them through the uncertainty.  
Although most banks have closed their doors to safeguard the health and well-being of their staff and customers, online services and contact centres are open to answer questions and provide assistance. In terms of credit products, here is what customers can expect…

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50 Bonus AIR MILES when you spend $100 or more via AIR MILES ShopsMany stores across Canada are closing their doors to help stop the spread of the Corona Virus. From Bed, Bath & Beyond to EB Games to Sephora – all have made moves to create social distancing and keep employees and potential customers safe. That means the world of online shopping becomes all that more important to every single Canadian. This also means making the most of online shopping portals to maximize your points and miles earning on those purchases. So when a bonus comes along you want to be able to see if you can take advantage of it.One such bonus is for airmilesshops.ca who are offering 50 bonus AIR MILES Reward Miles when you spend $100 or more in a single transaction until April 16. So if you need to re-stock on beauty products from Sephora, get some books from  Indigo or need some bedding from Bed, Bath & Beyond you’ll want to check out this offer.As we stated in our piece Shifting your loyalty strategy to help with these trying times last week, before you do your online shopping with AIR MILES be sure to move your earning preference to 100% Cash Miles so that you can use to miles to help pay for your groceries and other items in the future…

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Use Instacart to circumvent Loblaw stores non-acceptance of Amex and to earn 5x points with the Cobalt CardLast week we had our reader TitaniumTux let us know that Instacart is finally coding properly as a eats and drinks merchant with American Express. And do you know what that means? That means you can now earn your American Express Cobalt Card category multiplier for shopping at Loblaw”s family of stores:  Loblaws, Real Canadian Superstore and T&T stores. Loblaw Companies Ltd. launched with Instacart in late 2017 in the Toronto region and expanded Canada wide after that. This provided a workaround for those wanting to use an American Express card at their stores. Since all Loblaw Companies stores do not accept Amex this method of getting your groceries delivered via Instacart was the way you could use your Amex as you actually bought the groceries from Instacart and not Loblaws.There was an issue however – Instacart didn’t code as a eats & drinks merchant with Amex Canada so this meant you would not earn any category bonuses on the cards – you’d simply earn 1 point per dollar spent…

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