The best credit cards for newcomers to Canada for 2024 + MORE Jan 3rd

Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.

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Why January is peak season for second mortgages in Canada Dec 18th

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How much credit card debt does the average Canadian have? + MORE Jan 18th

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How the Bank of Canada’s benchmark rate impacts your finances + MORE Mar 7th

The Bank of Canada (BoC) held its benchmark interest rate at 5% on March 6, marking the fifth consecutive time it has left the rate unchanged. Economists widely expect the BoC to lower its rate at some point in 2024, as inflation falls and the Canadian economy weakens. However, in its March rate ann.... More »

RBC says it’s ready for competitive spring mortgage market and upcoming renewal wave Mar 4th

As the spring mortgage market approaches, Canada's largest bank says it's getting ready for a busy season of mortgage renewals..... More »

Manulife One’s modern innovation meets Nick L’Ecuyer’s old school charm

– canadianmortgagetrends.com

There are fewer places left where Canadians can get holistic mortgage and financial advice from a familiar member of the local community. Thanks to mortgage broker Nick L’Ecuyer, Simcoe County is one of them.

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The best credit cards for newcomers to Canada for 2024

– moneysense.ca

Credit Cards

The best credit cards for newcomers to Canada for 2024
As a newcomer, you’ll want a credit card that offers you the best value without having a long Canadian credit history. Here’s a list of our favourite cash back, rewards, low-interest cards and more.

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Canada’s best credit cards for newcomers

By Keph Senett on January 1, 2024Estimated reading time: 16 minutes

In Canada, having a good credit score can help you secure a rental and get a loan or a mortgage, but it’s hard to know where to start when you don’t have a Canadian credit history or a credit card. One of the fastest ways to start building your Canadian credit score is to use a credit card responsibly, because banks and financial institutions report back to the credit bureaus that determine your score. For this reason, it’s important for newcomers to get a credit card, even without an established history…

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