How to set up CRA direct deposit + MORE May 16th

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The best GIC rates in Canada for 2025 May 25th

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 »
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Missed credit payments grew by 4% in the first quarter of 2025 + MORE May 29th

There’s a deepening divide between consumers in the face of economic uncertainty as those missing payments rose compared with a year ago, a new Equifax report shows. Rebecca Oakes, Equifax Canada’s vice-president of advanced analytics, said much of the trend stems from the high cost of living.... More »

Bigger Alberta Child and Family Benefit payments going out soon Aug 19th

Families eligible for the Alberta Child and Family Benefit (ACFB) can expect the second-last payment of 2026 to drop on August 27, and it will be a bit bigger than the one before. The ACFB is a provincial program administered by the Canada Revenue Agency (CRA) on behalf of the Government of Alber.... More »

The best GIC rates in Canada for 2025 Nov 18th

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 »

This Week in RWRDS June 6, 2025: The Best Travel Credit Card Welcome Bonuses for June Jun 7th

This week we look at the best travel credit card offers for June, how you can get amazing value from the new Marriott card offers, the return of the RBC-British Airways transfer bonus and much more in our weekly credit card and loyalty rewards newscast! Watch This Week in RWRDS here: Listen to This .... More »
SAS extends Toronto to Copenhagen flights to year round service + offers 25% off award flights and New Amex Offers statement credit for Fubo. Check out today’s points & miles updates here:
The post RWRDS Daily Update May 15: SAS extends Toronto to Copenhagen flights to year round + offers 25% off award flights appeared first on Rewards Canada.

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How to set up CRA direct depositHave you ever had to wait for a held-up payment from the government or the Canada Revenue Agency (CRA)? Labour strikes, severe weather, stat holidays and other factors can delay mail delivery by days or even weeks. At best, it’s inconvenient; at worst, it’s stressful for cash-strapped Canadians who need access to that money pronto. Here’s how setting up CRA direct deposit can save you time and hassle.

What is CRA direct deposit?

Canada’s tax agency offers CRA direct deposit to deposit funds directly into your bank account or credit union account. The benefits for you: CRA direct deposit is fast, reliable and secure. It’s also a big time-saver—no more paper cheques to deposit (or chase down, if they get lost in the mail). 

Most Canadian taxpayers already use CRA direct deposit. If you don’t, read on for details of how to set it up.

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A bunch of changes are coming to CIBC cards on July 1st – some are positive and some are negative. The most significant are the improved NEXUS rebate and the lowering of overall spending caps on their cash back cards. Big thanks to long time RWRDS Canada community contributor Joshua C. for the heads up! […]
The post CIBC boosts NEXUS credit to C$200 from C$100, lowers annual spending caps on Dividend Cards and removes some insurance coverage appeared first on Rewards Canada.

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