All about Canadian credit cards. Learn the ins and outs and get the latest news.
Latest News
This Week in RWRDS July 11, 2025: A great new bonus offer on the Scotiabank Gold American Express Card + MORE Jul 12th
This week we look at the great new increased welcome bonus on the Scotiabank Gold American Express Card, booking Porter flights with Alaska Airlines Mileage Plan Miles, the ultimate guide to booking hotels with Aeroplan, a new Rewards Canada special offer and much more in our weekly credit card and .... More »
IHG One Rewards new elite benefits and milestone rewards are now live & earn up to 5x points with Aeroplan eStore Father's Day event + MORE Jun 8th
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 »
RWRDS Daily Update Nov 8: AIR MILES redemption rebate – Get 30% back in miles on Dream and Cash Miles rewards + MORE Nov 9th
AIR MILES redemption rebate to get 30% back in miles on Dream and Cash Miles rewards and an AIR MILES Event in Calgary on Saturday November 9, 2024 with free swag! Check out today's points & miles updates here:
The post RWRDS Daily Update Nov 8: AIR MILES redemption rebate – Get 30% back .... More »
Be on guard against fundraising fraud Apr 1st
You see on social media that someone in your network has died. There’s a link to an obituary from a funeral home that ends with a further request for donations to a charity the deceased was devoted to.
You get a heart-rending message requesting support for a family you know that’s been struck.... More »
OFFER EXTENDED: Earn up to 105,000 bonus Aeroplan Points with the TD® Aeroplan® Visa Infinite Privilege* Card + MORE May 30th
There are more credit card options in Canada than you can shake a stick at! Stay on top of the best rates and plans right here.
Canadian merchants eligible to claim rebates after settlement with Visa, Mastercard - Business News - Castanet.net - news.google.caCanadian merchants eligible to cla.... More »
The Ultimate Foodie Credit Card Portfolio, Air France KLM Flying Blue Promo Rewards for May & a 20% bonus on Fairmont gift card purchases on May 4
– RewardsCanada.ca
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± Click here to learn more about this offer Another Ultimate Portfolio update to let you know about – this time we updated updated The Ultimate Foodie Credit Card Portfolio! With this portfolio you would earn no less than a 4% return on all your foodie purchases. This was a more substantial update as 2 of the 3 cards were switched! The recommended Mastercard is now the MBNA Rewards World Elite Mastercard (replaces the now defunct Capital One Costco card) and the Visa has been switched from the Scotiabank Momentum Visa Infinite Card to the CIBC Dividend Visa Infinite Card simply for the latter card’s easier access to cash back. And of course it has been updated to the new Rewards Canada template…Buying a home after divorce
– moneysense.ca
I have a question for you regarding the first-time home buyers’ tax credit.
I signed a prenuptial agreement with my now ex-husband that I would not claim ownership of his house he bought previous to the marriage. I did not receive any funds relating to the house when I left.
When we divorced, I needed to find a house. I purchased a home for myself, and I am wondering if I can apply for the first-time home buyers’ tax credit if I occupied the ‘marital’ home during our marriage but had no ownership of the “marital” home.
—Shawna
How a divorce can affect buying a house, especially for the first-time buyer
The tax credit you are referring to, Shawna, is the home buyers’ amount (line 31270 of your tax return). An eligible taxpayer can claim $5,000 if they purchased a qualifying home during the tax year.
A qualifying home is pretty much any home purchase, including a house, condo or even a mobile home. The caveat is that you must intend to occupy the home by no later than one year after you acquire it…
The BMO Ascend World Elite Mastercard is officially here, is it a card worth considering?
– RewardsCanada.ca
The BMO Ascend World Elite Mastercard is officially here. First announced back in February, this is the rebrand and revamp of the BMO World Elite Mastercard. As of today the card name changes and the earn rate structure changes as well. In general, the changes to the card can be considered a devaluation. Back in 2015 it was #1 in our Travel Points Cards with Annual Fee category but with multiple devaluations over that time it started dropping down and for 2022 sits in 5th spot. Now, it appears the card may even fall completely out of the top 5 thanks to these further changes. Name Change The first change to the card is the card name. The BMO World Elite Mastercard is now known as the BMO Ascend World Elite Mastercard.Earn Rate ChangesThis is the area of concern as BMO has changed the earn rates. Two accelerated categories do get better, some stay the same and the base earn rate…. well let’s just say BMO took the axe to it. So you might say with two being better and only one worse that can’t be so bad can it? Well it depends on your spending habits…
