AIR MILES Bonus Boom is now live – earn bonus miles with participating partners + 95 bonus miles with three different Bonus Boom offers + MORE Aug 28th

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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Podcast Episode 107: Canada’s Favourite Credit Cards & Loyalty Programs for 2023 + MORE Oct 26th

In this episode we take a look at and dissect our Canada’s Choice 2023 awards! These are our annual awards where Canadians vote for their favourite credit cards and loyalty programs. And that they did with a record turn out of over 82,000 votes! Click Here to listen to the podcast (mp3) You ca.... More »
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RWRDS Daily Update Dec 4: The Ultimate “I have no idea what travel rewards I want” Credit Card portfolio! + MORE Dec 4th

The Ultimate "I have no idea what travel rewards I want" Credit Card portfolio! and receive a 15% discount on reward nights at the Holiday Inn Express Hamilton - Upper James. Check out today's points & miles updates here: The post RWRDS Daily Update Dec 4: The Ultimate “I have no idea wha.... More »

Limited time offer: Earn up to 3 Aeroplan Points per dollar spent on Air Canada Gift Cards + MORE Feb 4th

 Air Canada has brought back a limited time offer where you can earn extra Aeroplan points for buying Air Canada gift cards. The offer is available until February 14th and will award 1 point/$ spent on gift cards up to $750 and 3 points/$ if you spend over $750. Do note these don't code as Air .... More »

RWRDS Daily Update April 22: Guide to Canadian Credit Card Car Rental Collision Damage Waiver Insurance Apr 22nd

Guide to Canadian Credit Card Car Rental Collision Damage Waiver (CDW) Insurance and an AIR MILES Flash Offer to earn up to 5,000 miles with Ashley. Check out today's points & miles updates here: The post RWRDS Daily Update April 22: Guide to Canadian Credit Card Car Rental Collision Damage Wai.... More »
 credit cards

Why do Canadians keep falling for scams? + MORE Mar 28th

Many Canadians have learned common telltale signs of phishing emails and fraudulent websites, such as poor spelling, fuzzy logos and sketchy-looking URLs. That knowledge is key, but it’s no longer enough to avoid becoming a victim. Scams are always evolving, becoming more sophisticated and more co.... More »
August 27 Update: Rent twice with Avis and earn a free day, your best bets for getting a Buddy Pass to convert to Aeroplan points & more details on Flair Airlines new U.S. routesHere’s your Rewards Canada Daily update! Your daily dose (or near daily dose) of loyalty program, credit card and travel news, bonuses, deals and more.  Avis Car Rental has brought back their annual free day offer after a one year hiatus due to COVID. This offer provides members of Avis Preferred (free to join)with a free rental day for every two rentals of two plus days. This offer runs until Feb 28, 22. Click here to register (Registration is required) and then visit Avis.com to book your car. Image via Avis—Yesterday we brought you the news that Air Canada will be ending the option to convert Buddy Passes obtained from select co-brand cards to Aeroplan points. In that post we said it could be possible that there would be time to get the TD cards with Buddy Passes but we are getting a lot of data points from our readers that really it would be next to impossible that you could. Even if you meet your minimum spend right away we have heard story after story that TD will not award the Buddy Pass until 8 weeks after the initial 90 day spend requirement…

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Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors. 

Big earnings from the big Canadian banks

The Big Six Canadian banks (Royal Bank of Canada, TD Bank, Scotiabank, BMO, CIBC and National Bank) released quarterly earnings reports this week and, as expected, they all put some big numbers up on the board. Thanks to high levels of government financial support for individuals and businesses, the banks have not yet experienced an economic shock due to COVID. 

To manage risk, banks always set aside emergency funds, known as provisions for credit losses or loan-loss provisions. Given their more favourable prospects, the Big Six have been able to remove some of those monies from the safety net and add them to the earnings column. For an example on that front: In its most recent report, RBC recovered $540 million of provisions for credit losses, compared to the $96 million that it recovered in the second quarter…

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‘Halifornia’ dreaming: How Nova Scotia’s film sector returned to life after losing its tax credit  CBC.caTourism industry in Nova Scotia rebounding to pre-pandemic levels  HalifaxToday.caEast coast luxury real estate market powers through the pandemic  The Globe and MailView Full coverage on Google News

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 The latest AIR MILES Bonus Boom event kicked off today with your usual bunch of bonus miles offers for shopping or completing actions with various AIR MILES partners. Most of the bonuses are available between today and September 8 and once again if you use three different Bonus Boom offers you’ll get 95 bonus AIR MILES. Just like the past few Bonus Boom events you have the ability to get the 95 bonus miles all from one retailer so long as they have multiple offers. For example Safeway has three different offers available so if you meet the criteria for those three offers you’ll get the 95 bonus miles. With Bonus Boom you can earn well over 1,000 bonus miles with all the offers but in reality most serious collectors will be earning upward of several hundred miles. To find your offers you now have to sign in and the Bonus Boom page will automatically show you all the offer in your region that you are eligible for. Some are automatic while most is seems you have to opt in…

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‘Halifornia’ dreaming: How Nova Scotia’s film sector returned to life after losing its tax credit  CBC.caTourism industry in Nova Scotia rebounding to pre-pandemic levels  HalifaxToday.caEast coast luxury real estate market powers through the pandemic  The Globe and MailView Full coverage on Google News

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