How to go about securing the best rate and plan for your credit card in Canada.
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RWRDS Daily Update June 16: New Amex Offers for HP and Sephora & check your loyalty program accounts regularly! + MORE Jun 16th
New Amex Offers for HP and Sephora, Catch up on this week in RWRDS and Check your loyalty program accounts & balances regularly! Check out today's points and miles updates here.
The post RWRDS Daily Update June 16: New Amex Offers for HP and Sephora & check your loyalty program accounts re.... More »
More Canadians are rethinking their bank. Should you? + MORE Jul 23rd
Clinton Begin was growing tired of frequent visits to bank branches and calling into the trading desk to check on various transactions. “There (were) a lot of things that just took too much of my time. I was always phoning, always going to visit them. It was always a big deal,” he recalled.
.... More »
Have Fun While Saving Money: 25 Things to Do for Free Aug 14th
Looking for fun activities that won’t break the bank? There are plenty of things to do for free that can be both enjoyable and fulfilling. Free activities not only help you save money, but they also allow you to discover new interests and hobbies.
25 Fun Things to Do for Free
I’ve compil.... More »
RWRDS Daily Update July 22: New Amex Offers for Lenovo & Small Grocery Stores in Ontario plus Marriott Bonvoy Moments launches a dedicated French-language page + MORE Jul 23rd
New Amex Offers for Lenovo & Small Grocery Stores in Ontario, Marriott Bonvoy Moments launches a dedicated French-language page and Catch up on This Week in RWRDS. Check out today's points & miles updates here:
The post RWRDS Daily Update July 22: New Amex Offers for Lenovo & Small Gr.... More »
RWRDS Daily Update – March 1, 2024 + MORE Mar 2nd
Air Canada raises checked bag fees, Higher Ed Points where you could use points to pay for tuition has shut down and Four new statement credit opportunities from Amex Offers. Check out today's points & miles updates here:
The post RWRDS Daily Update – March 1, 2024 appeared first on Rewards C.... More »
The best store credit cards in Canada right now
– moneysense.ca
Creatures of habit, rejoice! Your loyal shopping behaviours may just pay off, big time. If you shop regularly at certain retailers, using a store credit card can help you to earn discounts, free goods and exclusive perks by swiping or tapping for everyday purchases. Spending with a store credit card can even give you VIP access to sales. And if you already collect loyalty points, they’ll likely accumulate even quicker with a store credit card. Considering that these cards typically have no annual fee, the reasons to switch are racking up quicker than your pumpkin spice latte charges. Read on to see which are the best store credit cards in Canada for making your daily spending work for you.
Best store credit cards in Canada
PC Financial World Elite — Best for Loblaws banner stores and Shoppers Drug Mart
Triangle Mastercard — Best for Canadian Tire and its family of stores
Amazon.ca Rewards Mastercard — Best for Amazon.ca
Walmart Rewards World Mastercard — Best for Walmart.ca
Scotiabank GM Visa Infinite — Honourable mention
Attention foodies
PC Financial World Elite Mastercard*
This credit card brings something more to the table–get it? Arguably the best no fee card credit for groceries in Canada, the PC Financial World Elite Mastercard earns you PC Optimum Points faster when you shop at any of the Loblaws banner stores (No Frills, Superstore, Fortinos, etc…
Lately I’ve focused a lot on American Express’ Amex Offers and have neglected the other Canadian card issuer that provides tons of great offers as well, RBC! Well I have now caught up on their latest offers and there are some really good ones to be had! I’d say the most popular or best ones in my opinion are offers for The Keg, Indigo, Petro-Canada and Mary Browns. These offers have been added to our Guide to RBC Royal Bank ‘RBC Offers’. Here is the current list of all the RBC offers we are aware of at time of posting (if you know of any others please let us know!)MerchantOffer Details Known cards to have this offer Expires Get $15 off at Little Burgundy online or in-store with promo code when you spend $100 or more before taxes Oct 14, 20 Get a $10 statement credit when you rent a box for $99 on dresst.ca Oct 15, 20 Spend $40 at Indigo in-store or online using your eligible RBC Card, and you’ll get a $5 statement credit…Myths and facts of reverse mortgages
– moneysense.ca
A reverse mortgage is exactly what the name implies: accessing the existing equity you have built in your home by granting a mortgage to a lender without the need to make monthly payments.
And yet, there are many misconceptions about this financial product, which allows Canadians to borrow up to 55% of a home’s value, tax-free, on properties worth $250,000 or more.
With home property values soaring and the federal government tightening traditional mortgage qualification rules through a rigorous stress test, more homeowners are looking to reverse mortgages as a way to unlock the value tied up in their properties. Borrowers receive the money tax-free to use as they wish—to supplement their income and increase cash flow; to cover unexpected expenses or home renovations; and to help stay in their current home are just a few examples.
Unlike home equity lines of credit (HELOCs), which require monthly payments, reverse mortgages, such as those offered by Equitable Bank, are ideal for cash-strapped homeowners who want to stay put without increasing their living expenses…
And yet, there are many misconceptions about this financial product, which allows Canadians to borrow up to 55% of a home’s value, tax-free, on properties worth $250,000 or more.
With home property values soaring and the federal government tightening traditional mortgage qualification rules through a rigorous stress test, more homeowners are looking to reverse mortgages as a way to unlock the value tied up in their properties. Borrowers receive the money tax-free to use as they wish—to supplement their income and increase cash flow; to cover unexpected expenses or home renovations; and to help stay in their current home are just a few examples.
Unlike home equity lines of credit (HELOCs), which require monthly payments, reverse mortgages, such as those offered by Equitable Bank, are ideal for cash-strapped homeowners who want to stay put without increasing their living expenses…
