Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
Aeroplan Credit Cards: TD, CIBC and Aimia Reach Agreement + MORE Sep 16th
A three-way deal has been reached regarding the future of Aeroplan rewards credit cards in Canada. Aimia, the owner of the Aeroplan program, TD and CIBC have hashed out an agreement to split existing consumers in what will total a $312.5-million deal.
TD will receive roughly half of CIBC’s curren.... More »
European banks face crisis of confidence as economy sputters along Jul 9th
Banks can’t recover without stronger economy, while economy can’t recover without stronger banks
.... More »
Excuse me, you bought what? + MORE Sep 20th
(Illustration by Josh Holinaty)
If the idea of negative interest rates sounds screwed up to you, it should. On the one hand we have central bankers in Europe and Japan lowering their lending rates into negative territory, which means they charge the major banks money just to hold their reserves over.... More »
Are Canadians having a Summer Banking Fling? + MORE Jul 15th
RateSupermarket.ca launches new tool that will help assess credit card needs
In the fickle world of personal finance, loyalty doesn’t always pay off. Today, RateSupermarket.ca launches a new calculator tool that will help Canadians assess their current credit card needs and provide recommendation.... More »
Bank leaders must stay on top of rules Sep 2nd
The woman charged with overseeing Canada’s banks explains why they have fared so well on the global stage
.... More »
Maximize Credit Card Rewards by Switching Credit Cards
– canadianfinanceblog.com
Making any financial change can be annoying. Whether it is switching banks or switching credit cards, there is a fair bit of work that needs to be done in order to transition from one institution to another. Is it worth it? Oftentimes, yes it is – especially if you’re paying fees.I’m currently in the middle of deciding if I should sign up for a different credit card. For some background, my wife and I put everything onto our credit card. All of our daily spending, everything that we order, and even any bills that will allow us go onto our credit card. We don’t carry a balance, we pay it off in full every single month, so we don’t do it because we can’t afford to purchase these things.
We use our credit card this way for a few reasons. First, we like that there’s a digital record created of everything that we purchase. It easily syncs up with a program like Mint to keep a spending record of all our purchases. Second, purchasing things through a credit card give us protection that purchases through cash or a debit card would not…
Some of Canada’s biggest banks have been inching up their mortgage rates in recent weeks, with Royal Bank being the latest to announce an increase Friday. The hike is the second in a month and will take effect next week.Your Summer Getaway To Savings
– ratesupermarket.ca
June 28, 2013
In Canada, they say we have two seasons: hockey season and high summer. And while our beloved national sport has been put on ice till the fall, it’s time for another great Canadian tradition; cold drinks on a warm dock.
What many vacationers overlook when planning their summer getaways is a savings and spending plan. Whether you plan to pitch a tent or languish the days away at a cottage this season, read on for our guide to sweet savings while on vacation.
3 Ways To Spend Less On Gas This Summer
Temps are rising – and the open road is calling to city-dwelling folk in search of a fun summer getaway. Piling the family into the car and hitting the highway may be tradition for many Canadians… but so is spending a fortune at the gas pump along the way.
The good news – there are ways for savvy consumers to save on their fuel costs. Check out our list of top gas saving resources so you can fill up for less.
Read Allan’s Blog | 3 Ways To Spend Less On Gas This Summer
Smart Credit Card Use While On Vacation
There’s nothing worse than paying off your vacation long after you’ve returned home…
