Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
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Stock investors look to new asset classes to diversify their portfolios while looking for new growth opportunities. For years, financials (banks) and energy companies like Enbridge or Canada Natural Resources have dominated the Canadian stock market. Lately, investors are paying more attention to co.... More »
Regulators insist Prudential is ‘systemically important,’ reject its protest over scrutiny Sep 19th
NEW YORK, N.Y. – Prudential Financial has lost its appeal to shed greater government oversight, after regulators made a final decision that the insurer is one of a group of financial companies so big that they could threaten the financial system if they were to fail.
Prudential said Thursday t.... More »
The best Visa credit cards in Canada for August 2023 Sep 1st
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The best Visa credit cards in Canada for August 2023
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TD, CIBC still discussing Aeroplan credit card deal + MORE Aug 26th
TD Bank Group said Monday that it has not yet reached a deal with CIBC and Aimia that would see the banks both offering credit cards linked to the Aeroplan loyalty points program but that talks are continuing..... More »
The best high-interest savings accounts in Canada for 2025 + MORE Aug 6th
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Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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Smart Credit Card Use While On Vacation
– ratesupermarket.ca
Like many other Canadians, you’re likely pulling out your maps (or Google Maps) and planning where to hit the road this summer – but have you considered how you’ll pay for your travels? If a cash diet is out of the question on your vacation and you’ll be relying on credit, it’s important to know which credit cards will lead to savings and rewards, rather than racked-up debt.
Offset Expenses With Rewards
First, identify your largest travel expense: will it be gas, lodging, food or entertainment? Consider using an applicable rewards credit card to get maximum savings from those purchases. For example, if you’re planning to drive far, try a gas rewards card such as the Shell CashBack World MasterCard, which offers 3 per cent cash back on gas purchases (but look ahead to be sure the gas retailer to sign up with has outlets where you’re headed!).
Other options include hotel-related cards such as The Starwood Preferred Guest Credit Card. Or, if next year’s trip is by plane, just put all your purchases on an airline points card such as the ScotiaGold Passport VISA, which gives new signups 5,000 bonus points, offers 5 per cent cash back on travel purchases, and also includes comprehensive travel insurance coverage…
