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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RWRDS Daily Update September 15: Marriott and Miles & More expand partnership & 50% bonus tier qualifying spend on WestJet flights + MORE Sep 16th
Marriott Bonvoy and Miles & More launch enhanced loyalty partnership, Earn 50% bonus qualifying spend on WestJet flights (Targeted offer) and we review the MBNA Rewards World Elite Mastercard. Check out today's points & miles updates here:
The post RWRDS Daily Update September 15: Marriott.... More »
Rewards Canada reviews the Neo Mastercard, redeem for Amex prepaid cards with a discount & 40% off AeroMexico award flights out of Montreal + MORE May 25th
Here's your Rewards Canada Daily update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. Today's update is brought to you by the HSBC High Rate Savings Account with which you can enjoy a total annual interest rate of up to 2.65% on new deposits± .... More »
GST/HST credit payment dates: When to expect your money in 2025 + MORE Nov 25th
The GST/HST credit is a quarterly benefit that deposits tax-free money directly into your account, designed to help offset the cost of living by putting cash directly into the pockets of Canadians. If you live in Canada, you might already be getting this valuable tax benefit without even realizing i.... More »
The best BMO credit cards in Canada 2022 + MORE Mar 31st
Along with Canada’s other big banks, BMO (Bank of Montreal) offers the stability that stems from a long history as an established institution. BMO was founded in 1817, making it Canada’s oldest incorporated bank, and it’s been the nation’s fourth largest since 2018. Due, in part, to its clos.... More »
The 12 best travel credit cards in Canada for 2023 May 26th
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The 12 best travel credit cards in Canada for 2023
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New Amex Offers for Dollarama – $5 statement credits or 500 bonus Membership Rewards Points
– RewardsCanada.ca
Thanks to an early morning email from Rewards Canada contributor Jeff W. we have a new Amex Offers offer to pass along on to you. This one is for shopping at Dollarama and doesn’t require a big spend so it should appeal to a lot of cardholders. There are two versions of the offer depending on the American Express card you have. If you have a Marriott Bonvoy American Express like my wife and Jeff W have the offer is for a $5 statement credit when you spend $20 or more in one transaction. The credit can be earned twice per account. If you have a Membership Rewards earning card the offer is for 500 bonus Membership Rewards points when you spend $25 or more in one transaction. This points offer can also be earned twice. For me the points offer showed up in my account today for the American Express Cobalt Card and the Platinum Card from American Express however did not see it on the American Express Gold Rewards card.The terms say it is limited to first 40,000 cards that register for the offer…Transunion Vs. Equifax: Why Is There a Difference in Your Credit Scores?
– canadianfinanceblog.com
In Canada, there are two credit bureaus that financial institutions use in the credit scoring process: Equifax and Transunion. But while the two companies serve a similar purpose, each one will give you a different credit score. In this article, I’ll explain why that is, and show you how you can get an updated credit score every month for free.
Transunion Vs. Equifax
When people obtain their credit score through Transunion and Equifax, they are often surprised to see a different credit score from each bureau. There are a number of reasons for this.
For starters, Equifax and Transunion have their own proprietary algorithms, with each one assigning a different weighting to the criteria included in your score. Also, not every financial institution reports to both Equifax and Transunion. Some credit grantors report to both, while others report to one and not the other.
Because the information being reported to each bureau varies, including when it is reported, the resulting credit scores won’t always be the same…
Transunion Vs. Equifax
When people obtain their credit score through Transunion and Equifax, they are often surprised to see a different credit score from each bureau. There are a number of reasons for this.
For starters, Equifax and Transunion have their own proprietary algorithms, with each one assigning a different weighting to the criteria included in your score. Also, not every financial institution reports to both Equifax and Transunion. Some credit grantors report to both, while others report to one and not the other.
Because the information being reported to each bureau varies, including when it is reported, the resulting credit scores won’t always be the same…
