How to go about securing the best rate and plan for your credit card in Canada.
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Ending soon: 15% cash back welcome bonus (up to $300) with the CIBC Dividend Visa Infinite & Platinum Cards + MORE Jun 24th
The best ever welcome bonus offers on the CIBC Dividend® Visa Infinite* and the CIBC Dividend Platinum® Visa* will be ending soon! When you apply for and are approved for either of these cards, you’ll now earn 15% bonus† cash back over the course of the first four statement periods. The bonu.... More »
The best credit cards for airport lounge access in Canada for 2023 + MORE Oct 5th
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The best credit cards for airport lounge access in Canada for 2023
Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required.
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Canada’s best travel credit cards for 2023 + MORE Apr 13th
Credit Cards
Best travel credit cards in Canada for 2023
Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required.
Let’s get started*
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Haven’t you damaged your credit card products enough? More negative changes coming to BMO cards Nov 13th
For long time readers of RWRDS Canada you know I have no love lost with BMO. Out of the big 5 banks they have been the absolute worst in devaluing, changing and shadily marketing their products over the past decade or so. Now, we get even more negative changes from this bank, whose cards don’t.... More »
MoneySense has a new look + MORE Apr 25th
We have exciting news: MoneySense has made some upgrades. The core of what we do will stay the same—we’ll continue to bring you high-quality content from the best financial experts in Canada—but we have a fresh new look.
Why are we changing?
We want you to have the best possible expe.... More »
Loyalty Lesson: The first points & miles credit card you should get
– RewardsCanada.ca
We released a new feature today on the main Rewards Canada site for those of you who are new to the world of points, miles, cash back and loyalty rewards in general. This feature takes a look at the first credit card you should consider getting to get yourself started down this rabbit hole! The great thing about this card is it is perfect to get before you have even started to learn about and research loyalty programs. It covers the best of the best for earning, burning, value and more and thus it gives you a head start to collecting points while you begin to educate yourself and learn what reward or rewards will be best for you.While aimed at newcomers I personally feel this article even drives home the point (sorry can’t stray away from that word) for all levels of points and miles enthusiasts of having this card in your wallet – whether you are a beginner or an expert. With the American Express Cobalt® Card you have all your bases covered. Travel, cash back, frequent flyer & guest programs and more…Earn up to 105,000 bonus Aeroplan Points with the TD® Aeroplan® Visa Infinite Privilege* Card
– RewardsCanada.ca
This past March TD came out with new welcome offers on most of their credit cards including the TD® Aeroplan® Visa Infinite Privilege* Card. For this card they went away from the Buddy Pass offer and moved to an all points offer. That offer provides up to 105,000 bonus Aeroplan points which is a new record high offer in terms of the number of points awarded. You have to apply online to get this bonus and there is just over a month left to get in on it as it is scheduled to end on May 29, 2022. This offer is not available for residents of Quebec. For Quebec residents, please click here.Once approved you’ll get 20,000 points right off the bat when you make your first purchase on the card. Then you will earn 8,500 bonus Aeroplan points per month when you spend $1,000 each month for the first 10 months up to a total of 85,000 additional Aeroplan points. As we value Aeroplan points at no less than 1.5 cents each those 105,000 points are worth a minimum of $1,575 ($976 if you subtract the annual fee) However most Aeroplan members should be able to extract more value than that especially if redeeming for business or first class flights…
Earn up to 5x points at select retailers with the Aeroplan eStore Mother’s Day event
– RewardsCanada.ca
To celebrate Mother’s Day, Aeroplan is offering up to 5X points for shopping at select retailers via the Aeroplan eStore. The offer runs until May 8 and includes retailers such as Sephora, The Body Shop, Simons and more. The offerEarn up to 5x Aeroplan Points on all eligible purchases made at select retailers via the Aeroplan eStore. Valid until May 8, 2022. Click here to check out the eStore 5X points Mother’s Day offer Not only can you earn the 5x points per $1 spent via the eStore you can also earn extra points via the end retailer’s loyalty program (Indigo Plum Rewards, Sephora Beauty Insider, etc.) and also whatever points or miles you earn on the credit card you use to make the purchase. Since we’re talking Aeroplan, you might as well boost your balance by using an Aeroplan co-brand card! I cosigned a motorcycle loan and the owner passed away. What are my obligations to the bank?
– moneysense.ca
A MoneySense reader writes:
Help! I cosigned a motorcycle loan and then the owner passed away. Can you explain what my obligations are to the bank? Will my credit rating be affected? What are my next steps? – Amber
What to know about cosigning a loan
Anytime you co-sign for a loan, you’re automatically entering into a financial obligation as if it was your own.
In your case, depending on how the loan was structured, as the co-signer, you may or may not have the title to (legal ownership of) the motorcycle. You will need to check with your creditor to determine your level of responsibility.
As the other party to the loan has passed away, the lender will likely contact both you and the estate representative to make arrangements to ensure that loan payments continue to be made, as you are equally 100% responsible for the loan.
As a result, I recommend that you work with the estate representative to discuss how they would like to proceed in paying out the debt as part of their responsibilities in settling the estate…
