This Week in RWRDS: July 26, 2024 – What is going on with PC Optimum? + MORE Jul 27th

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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EQ Bank aims to become a household name + MORE Feb 20th

Canada’s seventh-largest bank is a lender the vast majority of Canadians have never heard of. It has no branches, credit cards, or wealth management offerings. That could all soon change, says Chadwick Westlake, who became chief executive of EQ Bank last August and already announced a transform.... More »

TD Rewards improves the any travel anytime reward option for their credit cards! + MORE Oct 10th

Great news for TD Rewards members as TD has improved the redemption rate for any travel anytime rewards! This is the reward option where cardholders can go out and book any travel they please on their cards and then redeem the points towards the charge at a rate of 225 points for $1. TD Rewards [.... More »

The best GIC rates in Canada for 2026 Jun 2nd

GIC comparison tool Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance. Why trust us MoneySense is an award-winning magazine, helping Canadians navigate m.... More »

The best GIC rates in Canada for 2025 Jan 27th

GIC comparison tool Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance. Why trust us MoneySense is an award-winning magazine, helping Canadians navigat.... More »

RWRDS Daily Update Feb 18: AIR MILES Flash Offer to earn 100 bonus miles at Global Pet Foods Feb 18th

AIR MILES Flash Offer to earn 100 bonus miles at Global Pet Foods and earn 600 bonus Stars for linking Starbucks Rewards to your TD Credit Card. Check out today's points & miles updates here: The post RWRDS Daily Update Feb 18: AIR MILES Flash Offer to earn 100 bonus miles at Global Pet Foods a.... More »
Harris freshens up her message on the economy as Trump and Republicans go after her on inflation  CTV NewsAs she is poised to be the Democratic nominee, here are 5 facts about Kamala Harris  NPRThe Future Of The Child Tax Credit In A Harris Administration  ForbesHarris maintains Biden’s pledge not to raise taxes on middle class  POLITICOBloomberg Intelligence: Harris Campaign, US Earnings  Bloomberg

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Harris freshens up her message on the economy as Trump and Republicans go after her on inflation  CTV NewsAs she is poised to be the Democratic nominee, here are 5 facts about Kamala Harris  NPRThe Future Of The Child Tax Credit In A Harris Administration  ForbesHarris maintains Biden’s pledge not to raise taxes on middle class  POLITICOBloomberg Intelligence: Harris Campaign, US Earnings  Bloomberg

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CIBC Costco Mastercard review: Is it the best credit card for Costco in Canada?Costco is a popular shopping destination for Canadians who want deep discounts on bulk buys. The catch? Costco requires you to have a membership to shop there, and that costs either $60 per year (for a Gold Membership) or $120 per year (for an Executive Membership). Costco’s also pickier than most retailers when it comes to credit cards. For example, you can only use Mastercards when cashing out in person or fuelling up on gas at Costco stations.

If you frequently shop at Costco, you’ve likely noticed ads for the CIBC Costco Mastercard. This no-fee credit card doubles as your membership card and offers rewards on your Costco purchases. But is it the best credit card for frequent Costco shoppers? Read on to learn more about the CIBC Costco Mastercard, and find out how you might earn even more rewards with a few alternative credit cards.

CIBC Costco Mastercard review

featuredCIBC Costco MastercardVISIT CIBC.CA FOR MORE DETAILS
Annual fee: $0

Rewards: 1% – 3% cash back

3% at restaurants and at Costco gas stations

2% back at other gas stations and at Costco…

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Whether they’re shopping at multiple stores, flipping through flyers or seeking out independent grocers, many Canadians say they have changed their grocery shopping habits in recent years as a response to high inflation and, for some, growing distrust of large chains. 

“We’ve really cut back on impulse buys. And we’ve really taken to, let’s not have the deep freeze full, let’s not have the fridge full, let’s not have the pantry full,” said Alberta resident Robin Dingwell.

He and his wife have started prioritizing grocery stores that price-match and checking flyers ahead of time. 

“Price-matching has been the biggest thing for us,” he said. 

Like Dingwell, many Canadians say they are being more mindful when they shop, eyeing promotions and sales and often planning their shopping trip around flyer deals. 

Best grocery credit cards in Canada
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Alison Forde in Hamilton, Ont., said she shops more often to take better advantage of specials and sales, is seeking out store brands for more value, and finds herself doing more in-store comparisons to discern which products are worth her money…

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This week we look at another issue that has arisen for Loblaw’s PC Optimum program, the new Neo World Elite Mastercard, the 5 best DQ Rewards redemptions and more in our weekly credit card and loyalty rewards newscast! Watch This Week in RWRDS here: Listen to This Week in RWRDS here: Topics of discussion Neo […]
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