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?
Latest News
BMO will cap the AIR MILES Mastercard's new 2x grocery earn rate + MORE Jul 19th
Last week it was announced the BMO AIR MILES Mastercards will be receiving a full time grocery store purchase accelerator in light of AIR MILES losing the Empire group of stores as a partner. The news revealed the co-brand cards will earn 2x AIR MILES Reward Miles on purchases at all grocery s.... More »
Canada’s best credit cards for grocery purchases 2020 + MORE Sep 3rd
Everybody’s got to eat, which makes groceries a spending category with a lot of earning potential. How you capitalize on those purchases is up to you, but whether you’re looking for cash back, rewards or points to use at your favourite supermarket, we’ve got your best bets right here. Select t.... More »
‘Anyone Can Be an Entrepreneur’: Borrowell’s Co-Founder Eva Wong On How She Made It + MORE Sep 27th
When Eva Wong joined Borrowell in 2014, she had no prior experience working in tech or finance. As co-founder and chief operating officer, she’s helped the low-interest loan and credit-education company grow to 160 employees with offices in Toronto, Montreal and Kelowna. Here, she tells CB how she.... More »
We’re 10 years apart. Can we retire together? + MORE Feb 25th
Ask MoneySense
My wife and I plan to retire at the end of 2027. I am 63 and my wife is 53. All our investments are split 50/50 between RRSPs and LIRAs for a total of about $1,450,000. We anticipate needing about $110,000 a year after tax in retirement. We have a line of credit, and we are paying it .... More »
Marriott Bonvoy further extending free night award expiry and points expiration to August 1, 2021 + MORE Oct 26th
Excellent news coming out from Marriott today - they are providing further extensions to free night awards and points expiration! These changes will be effective as of December 11, 2020:Free Night Award (FNA): Members who currently have a Free Night Award (FNA) that had an original expiration .... More »
Airline & Travel Rewards Programs are Responding to COVID-19
– ratesupermarket.ca
The COVID-19 virus has caused a global pandemic and forced countries around the world to close their borders to visitors. While this is the right move to curb the spread of the virus and flatten the curve, the result is that many Canadians have found themselves postponing travel plans indefinitely.
Fortunately, many credit card, airline, and hotel rewards programs have taken measures to assist customers with the current predicament. Some programs have paused the expiry date on their points, while others have extended their elite membership status requirements.
Here’s what you need to know about the changes to travel reward programs due to COVID-19.
Credit Card Loyalty Programs
American Express Membership Rewards
BMO Rewards
CIBC Rewards
RBC Rewards
Scotia Rewards
TD Rewards
Hotel Loyalty Programs
Best Western Rewards
Hilton Honors
IHG Rewards
Marriot Bonvoy
World of Hyatt
Airline Loyalty Programs
Air Canada Altitude
Alaska Airlines Mileage Plan
VIPorter
WestJet Rewards
Travel Rewards Programs
Aeroplan
AIRMILES
Credit Card Loyalty Programs
Top credit card loyalty programs have been inundated with cancellations and requests since the World Health Organization announced a global pandemic in March…
You Can Now Buy Aeroplan Miles at a Discount: Is It Worth the Wait to Cash In?
– ratesupermarket.ca
Although global travel has been nearly nonexistent for a few months now, airlines have been hard at work supporting their loyal customers through extended memberships and rewards program updates.
Currently, Aeroplan members can earn Air Canada Altitude status from the comfort of their own home through everyday Tavel at Home activities. Members who reach 50,000 Aeroplan Miles between April 20 and May 31, 2020, will receive Altitude Prestige 25K status through to 2021.
During the same timeframe, Air Canada Altitude members can earn bonus miles and potentially upgrade one membership level.
Plus, you can now buy Aeroplan Miles or gift them to family members or friends. Aeroplan Miles aren’t limited to travel and can be used for merchandise or gift cards, although they are known for flight and hotel redemptions. Right now, half of the miles you purchase can also be used to advance within the status system.
For a limited time, Aeroplan is offering members bonus rewards when they purchase miles…
AIR MILES launches Happy Everyday online community to entertain Canadians staying at home
– RewardsCanada.ca
AIR MILES reached out to us to pass along the news of a new online community initiative they have launched to help Canadians beat the boredom of staying at home. AIR MILES says it will ‘entertain, excite and reward Canadian for doing their part and staying home’The loyalty program has brought together a team of famous Canadians to bring a daily dose of entertainment via the online Facebook community at facebook.com/airmilescanada. The Happy Everyday campaign launched yesterday with an interview of Tessa Virtue by Craig McMorris, tonight sees Masterchef Canada’s Claudio Aprile provide a cooking lesson and on Sunday there will be a concert from Canadian country artist Brett Kissel.In addition to these four, AIR MILES has also confirmed the following Canadian celebrities will be making an appearance:The Reklaws – Country music duo Cœur de pirate – Montreal-based singer/songwriter Buffy Sainte-Marie – Oscar-winning singer-songwriter/composer, and author of her first illustrated children’s book, Hey Little Rockabye, a story about pet adoption Bob Blumer – Cookbook author/TV personality Ned Bell – Chef/TV personality To join in on the fun all you have to do make your way to AIR MILES’ Facebook page facebook…May 8 Update: New RBC Offers, up to 50,000 bonus Be Well points at Rexall and Hotels.com provides reward night & elite status extensions
– RewardsCanada.ca
Our Guide to RBC Offers has been updated. There is a new offer for 25% off at Clinique.ca and we see the Frank & Oak offer of 25% off extended to May 31. I received both offers on my WestJet RBC World Elite Mastercard. Learn more about them here.The Rexall Be Well program has now been around for one full week and has another bonus offer. If you shop at Rexall this weekend they are offering 25,000 points if you spend $40-$59.99 or 50,000 bonus points for $60+. Learn more here.A couple of Shoppers Drug Mart offers:You can earn 20x PC Optimum Points when you shop online for beauty products and spend $75 or more. The offer runs from today to Sunday. Find out more here. They are also offering 5,000 bonus PC Optimum points when you sign up and verify an online account for your prescriptions. The bonus is only valid in several provinces where they have the online service and the province allows points to be awarded on prescriptions. Find out more here. Hotels.com has finally provided a COVID-19 update for Hotels…
