All about Canadian credit cards. Learn the ins and outs and get the latest news.
Latest News
Receive up to a $250 Mastercard Gift Card for a two night stay in Vancouver Sep 29th
StayVancouver Hotels has brought back their popular gift card offer – albeit for a much shorter stay period this time. Just like several of the past offers this one requires a 2 night stay with a gift card being awarded for each night. The offer is available at 40+ hotels in the downtown Vanco.... More »
The improved TD First Class Travel® Visa Infinite* Card is here! Now with airport lounge access & additional accelerated earn rates + MORE May 1st
The TD First Class Travel® Visa Infinite* Card, a long standing offering in the Canadian travel rewards credit card market has received its upgrade that we let you know about this past January! This card, which has one of the best current welcome bonus offers of up to 135,000 bonus points (I highly.... More »
Top Canadian Credit Card Issuers Cut Interest Rates and Pause Planned Hikes Apr 13th
The COVID-19 pandemic has swept many Canadians into unanticipated financial uncertainty. Mass temporary layoffs and job losses have left hundreds of thousands of people wondering how they are going to pay their rent and credit card bills in the coming months.
While the federal government is taking .... More »
RWRDS Daily Update – November 18 Nov 19th
Here’s your Rewards Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. TD Aeroplan Visa Infinite Privilege Card Review The TD Aeroplan Visa Infinite Privilege Card has received the Rewards Canada review treatment. Canada recently voted.... More »
Best ever bonus of 450 dollars on the WestJet RBC World Elite Mastercard extended to March 31 + MORE Feb 5th
The highest ever publicly available bonus of 450 dollars on the WestJet RBC World Elite Mastercard has been extended. Originally slated to end on January 31 the offer now has a new deadline of March 31, 2021. The offer provides 250 WestJet dollars upon activation of the card and then an.... More »
Can You—And Should You—Co-sign on a Mortgage?
– ratesupermarket.ca
As average home prices in Canada top $500,000 (and rise above $1 million in cities like Toronto and Vancouver), some Canadians may wonder if they’ll ever be able to buy the place of their dreams. One option for some is to find another person—a parent, sibling or another close relative—to co-sign their mortgage.
Why Would Someone Ask You to Co-Sign?
Co-signing a mortgage is a way to help someone else get a mortgage for a home. If your loved one has poor credit, low savings or isn’t employed, agreeing to co-sign may help lenders look past your family member’s circumstances. If your relative is looking for a house that’s slightly out of their price range, agreeing to co-sign may help them get a bigger loan than they would otherwise be able to qualify for on their own.
Risks of Co-signing Someone Else’s Mortgage
If a family member asks you to co-sign their loan, should you agree? Co-signing is a big commitment. By signing, you agree to buy the home with the primary borrower…
Ends Today – 500 Bonus Plum Points on book orders with !ndigo (You can execute a quintuple dip with this offer!)
– RewardsCanada.ca
Need some new reading material to help you pass the time for self isolation? We came across this offer from Indigo quite late – as it ends today but if you order any books online today you’ll earn 500 bonus Plum Points per book ordered. And shipping is free on most orders. You can learn more and take advantage of the offer here.You can also choose to initiate this purchase via an online shopping portal like Rakuten, Aeroplan eStore or others to earn even more rewards. In fact with this bonus you could potentially execute a quintuple dip if you shop via airmilesshops.ca. Here’s how the quintuple dip would work:Dip 1: Base Miles earn for purchase via airmilesshops.ca Dip 2: 50 Bonus Miles if you spend $100 or more in one transaction via airmilesshops.caDip 3: Base points for your Indigo purchaseDip 4: 500 bonus point per book via IndigoDip 5: the points or miles earned on the credit card that you use for the purchaseCoronavirus live updates: Feds will no longer tax $2,000 monthly COVID-19 benefit – National Post
– news.google.ca
Coronavirus live updates: Feds will no longer tax $2,000 monthly COVID-19 benefit National PostTrump looking to put troops near Canadian border amid coronavirus fears Global NewsCoronavirus Update: Trudeau urges banks to lower credit-card interest rates, U.S. cases highest in the world, G20 pledges US$5 trillion in funding The Globe and MailOpinion: There is no perfect economic response for Canada’s coronavirus shutdown The Globe and MailU.S. troops on the border? It’s Canada that should want to seal the frontier Toronto StarView Full coverage on Google News
Coronavirus live updates: Feds will no longer tax $2,000 monthly COVID-19 benefit – National Post
– news.google.ca
Coronavirus live updates: Feds will no longer tax $2,000 monthly COVID-19 benefit National PostTrump looking to put troops near Canadian border amid coronavirus fears Global NewsCoronavirus Update: Trudeau urges banks to lower credit-card interest rates, U.S. cases highest in the world, G20 pledges US$5 trillion in funding The Globe and MailOpinion: There is no perfect economic response for Canada’s coronavirus shutdown The Globe and MailU.S. troops on the border? It’s Canada that should want to seal the frontier Toronto StarView Full coverage on Google News
March 26 Update: BMO AIR MILES Mastercard review updated, Aer Lingus providing 10% extra on vouchers, British Airways suspends all Canadian flights until April 17
– RewardsCanada.ca
The Rewards Canada review of the BMO AIR MILES Mastercard has been updated! We haven’t touched it since 2015 so it was in dire need of getting an update. This is the case with quite a few of our reviews and we hope to get to updating them all over the next little while. You can check out updated BMO AIR MILES Mastercard Review here.When we were updating our COVID-19 resource page yesterday the change of ticket offer from Aer Lingus real stood out. Of course like most airlines they are offering vouchers for future travel instead of refunds but what makes theirs different is that they will give you 10% extra on what you paid, so if you booked a flight for C$1000 your voucher will be for C$1,100. And unlike other airlines whose vouchers are valid for 12 to 24 months, Aer Lingus’ is valid for 5 years!Image via Aer Lingus British Airways updated their route schedules and have effectively cancelled flights to Canada until April 17. Here is a breakdown of the routes:- cancelled their flights between Calgary and London Heathrow until April 20 and look to be running 3x weekly service after that…
