How to go about securing the best rate and plan for your credit card in Canada.
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AIR MILES Flight-A-Day Giveaway - Enter to win $5,000 and $25,000 flight vouchers + MORE Oct 22nd
As mentioned in our Big changes coming to the AIR MILES program post from earlier this month one of the promotions you could expect is now here! That promotion is the AIR MILES Flight-A-Day Giveaway which offers a total of 21 $5,000 flights vouchers (1 awarded per day) and a grand prize of a $.... More »
Earn Double Miles with AIR MILES Card Linked offers until July 31 + MORE Jul 27th
When AIR MILES went through their revamp in late 2021 one of the new features they added was Card Linked Offers. This is where you can link any Canadian Mastercard to your AIR MILES account and when you use that card at the merchants featured in Card Linked Offers you earn AIR MILES Reward Mil.... More »
Earn up to 50,000 welcome bonus points when you get the best credit card in Canada - the American Express Cobalt Card + MORE Aug 17th
This is crazy and totally unexpected news for the American Express Cobalt® Card! As you know American Express announced some amazing changes to their Cobalt Card not too long ago that make this the best credit card in Canada even better. Yes they are charging more for it which has made some people .... More »
Marriott Bonvoy American Express credit cardmembers can earn an additional 2,000 bonus points per Marriott stay + MORE Aug 28th
The fall systemwide promotion from Marriott Bonvoy we detailed last night just got even better if you have the Marriott Bonvoy™ American Express®* Card or the Marriott Bonvoy™ Business American Express® Card. There is an additional offer to register for if you have one of those cards or choo.... More »
An important note on the HSBC World Elite Mastercard’s 65+ Emergency Medical Coverage + MORE Mar 22nd
This past February the HSBC World Elite Mastercard underwent some changes that included some major improvements to the insurance coverage provided with the card. One of those improvements was the addition of the 21 day out of province emergency medical coverage for those 65 and older. It was with t.... More »
Top Canadian Credit Card Issuers Cut Interest Rates and Pause Planned Hikes
– ratesupermarket.ca
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 steps to ensure that its citizens have financial resources, the financial services industry is also stepping up to do their part for Canadians in their time of need. From emergency loans and mortgage deferrals to more recent measures such as pausing planned credit card interest changes and cutting interest rates, the major Canadian banks are proving that they care about their customers.
How Credit Card Issuers Are Offering Support
So far, Canada’s top banks have announced the following changes to support their customers during these times of financial stress.
Payment Deferrals
Canada’s five big banks have announced payment deferral plans for those struggling to keep up with their credit card bills…
