How to go about securing the best rate and plan for your credit card in Canada.
Latest News
Here is the key to finding more AIR MILES redemption options on their website + MORE Jul 26th
We have received emails and comments from many of our readers about the lack of rewards on the AIR MILES website for those looking to use up their miles before they expire. One of those emails that we received this past Friday reads as such:After collecting 3200 Air Miles over the last 15 years, I f.... More »
Meet the Advisors Who Are Expanding Wealth and Enhancing Legacy Planning + MORE Jun 13th
Established families and business leaders trust the boutique wealth advisory firm to multiply wealth and maximize estate value. Leveraging innovative and sophisticated financial strategies, they’re creating monumental financial impact.
Movsessian and Kachani speak about establishing the f.... More »
Schoolgirls in India discover Earth-bound asteroid - CBC.ca + MORE Jul 29th
Schoolgirls in India discover Earth-bound asteroid CBC.caIndian schoolgirls discover asteroid moving towards Earth CTV NewsTwo Schoolgirls From India Just Discovered an Asteroid VICE10th Grade Girls in India Discover Asteroid Headed Toward Earth ComplexTwo.... More »
The best credits cards in Canada for 2025 + MORE Jan 4th
RWRDS Canada is pleased to reveal our annual top travel rewards and cash back credit card rankings for 2025! Canada’s longest running credit card rankings have entered their 17th year with newly crowned champions in the No Foreign Transaction Fee Credit Card and Small Business Travel Rewards Credi.... More »
Artificial intelligence: How AI is changing credit cards + MORE Aug 30th
Artificial intelligence is changing credit card rewards and powering financial tools to help you save more, stick to a budget and pick the perfect hotel based on past preferences..... More »
OTTAWA – The federal finance minister is stepping into a fee dispute between Canada’s…
It’s business as usual for merchants who had hoped to gain more negotiating power over fees charged by credit card companies.How credit card fees for merchants work
– thestar.com
Merchants are dinged for every Visa and MasterCard transaction. Here’s how those fees work in Canada.
The Competition Tribunal has dismissed a complaint from major Canadian retailers about the way credit card companies charge them for processing transactions.Credit card status quo
– moneysense.ca
The Competition Tribunal has dismissed the case against Visa and MasterCard. At the crux of the debate are s0-called interchange fees. Basically, card issuers are charging merchants more to process premium cards that offer cardholders reward points for things like travel. As a result, merchants wanted the ability to refuse these higher cost cards while still accepting the more basic credit cards since existing Visa and MasterCard policies don’t allow this. The ruling Tuesday will allow Visa and MasterCard to continue enforcing their current policies. If a merchant accepts Visa, he or she must accept all Visa cards regardless of the interchange fee.
Do you think merchants should have to accept premium credit cards and their associated interchange fees?
