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?
Latest News
April 19 Update: Bearskin Airlines leaving Aeroplan, Flair Airlines expanding domestic service, lots of new bonuses + MORE Apr 19th
In what can be seen as another hit to Aeroplan, albeit a small one, as of June 30 Bearskin Airlines will no longer participate in the programs. Full details Flair Airlines is expanding their ultra low cost service with 9 more routes this summer across Canada. Flair does not have a frequent flyer p.... More »
RWRDS Daily Update – February 5, 2024 + MORE Feb 5th
New Amex Offers statement credits for Dollarama & Harry Rosen and Catch up on This Week in RWRDS. Check out today's points & miles updates here:
The post RWRDS Daily Update – February 5, 2024 appeared first on Rewards Canada..... More »
Car Rental redemptions have returned to AIR MILES and they retain great value! Jan 23rd
When the revamped AIR MILES launched in fall of 2021 one redemption that disappeared, temporarily that is, was car rentals. We are happy to tell you that is option is back, based on a tweet from AIR MILES the car rental option returned on January 19, 2022. The car rental option has been added to the.... More »
Credit card bill autopayments: tips for getting it right + MORE Jul 22nd
Setting up autopayments can prevent slip-ups that can ruin your credit score.... More »
The best store credit cards in Canada 2022 + MORE Apr 23rd
Creatures of habit, rejoice! Your loyal shopping behaviours may just pay off, big time. If you shop regularly at certain retailers, using a store credit card can help you to earn discounts, free goods and exclusive perks by swiping or tapping for everyday purchases. Spending with a store credit card.... More »
The feud: Justin Welby vs Errol Damelin
– canadianbusiness.com
The conflict: During a recent sit-down, the leader of the Church of England ever so politely told the CEO of payday loan company Wonga that he plans to smite his business out of existence, bringing upon it the full might of the church’s powers of…competition. Welby said he will create new credit unions to become pillars of community—and offer loans at rates significantly lower than Wonga’s.
The outcome: Following their conversation, Damelin called Welby “an exceptional individual” who “understands the power of innovation.” He further called their relationship one of mutual respect, and said he welcomes the competition. Welby admits his plan will be a decade-long process, but has already opened one union for clergy and staff in York.
continue reading below
Advertisement
adUtility.insertAd(“bigbox-1376490614-806″, {type: adUtility._AD_BIGBOX});
The post The feud: Justin Welby vs Errol Damelin appeared first on Canadian Business.
INFOGRAPHIC: How To Cut Your Gas Bill By $100
– ratesupermarket.ca
Hitting the open highway for a cross-province road trip may not be as cost effective as frugal travelers think. Price gouging gas stations, sky high insurance premiums and unexpected vehicle wear and tear can put any vacationer’s wallet to work!
Looking to cut down on your car expenses? Check out our handy infographic, the latest edition to the RateSupermarket.ca Cost Of series. Whether you’re headed across the country, or just commuting nine to five, you can save with these on-the-road money management tips.
Pro tip: Paying for fuel is an ongoing expense. If you’re using plastic at the pump, make sure your credit card has competitive gas rewards or cash back. Our fave: The MBNA Smart Cash® MasterCard® Credit Card. Not only does this card earn up to 5% cash back on gas and groceries for the first six months (two per cent after that), but you’ll also score a FREE $100 gift card from RateSupermarket.ca if approved, until August 31. Save even more on your driving costs – compare to find the best car insurance premiums today!
SHARE this infographic!
About RateSupermarket…
Having TD and CIBC as partners would be a win-win-win solution, says the head of Aeroplan.Maximize your Mileage and Point Earnings on Back to School Shopping
– RewardsCanada.ca
With less than a month left before school starting it is time to kick your back to school shopping into high gear! Whether it’s online or in store there are many ways to maximize the miles and points you earn for back to school shopping. Ultimately you can make those travel reward dreams come closer by following one or more of Rewards Canada’s tips.Pay for everything with your rewards credit card
This is by far the easiest way to rack up miles outside of actual flights with the airlines or stays with hotels. Put everything that you buy on your credit cards even that last $1.99 pen you forgot to buy and have to pick up at 7-11 on your way to dropping kids off at school. Be warned however, if you run a balance and pay interest on your credit cards, those miles you earn will never be worth the money you lose in paying the interest.Double Dip & Triple Dip
Double dipping is the term coined for earning miles twice in one purchase or transaction. This basically involves your mileage earning credit card being used for a purchase where you also earn miles in the same program as the credit card…Pay less for pension credit
– moneysense.ca
If you have a defined benefit (DB) pension, the more years you have in the plan—known as credited service—the higher your pension or the earlier you can retire. It’s why one reader, a Toronto daycare worker, forked out $45,000 to buy back time she’d taken off 20 years ago when she had children. The lump sum buy-back allows her to retire at 55, rather than 60, with a full pension. The incentive: you’ll get guaranteed income in retirement, usually at a better return. But she could have avoided such a large payment. If she’d purchased her missing service time right after taking maternity leave it would have cost her only $4,000. “The earlier you buy back the cheaper it is,” explains pension consultant Brian FitzGerald. That’s because the longer you wait, the more you need to pay to make up for the money that would have accumulated had you invested at the time of your work absence.
