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Mar 3 Update: China Eastern to serve Toronto, Bonus Aeroplan miles for eye exams and eye wear, AAdvantage bonus for YEG-DFW flights Mar 4th
The first update for March has some new route news and lots of new bonuses News, Tips & TricksChina Eastern looks to start service to its second Canadian city. The airline is planning to offer 3x weekly service between Shanghai and Toronto starting on June 25th. With this service SkyTeam contin.... More »
This Week in RWRDS: February 17 – 23, 2024 + MORE Feb 24th
This week we provide exclusive details on the HSBC Rewards to RBC Avion Rewards points conversion, discuss the downfall of Lynx Air and more in our weekly credit card and loyalty rewards newscast Watch This Week in RWRDS here: Listen to This Week in RWRDS here: Topics of discussion: Exclusive detail.... More »
Top Canadian Credit Card Issuers Cut Interest Rates and Pause Planned Hikes Apr 13th
The COVID-19 pandemic has swept many Canadians into unanticipated financial uncertainty. Mass temporary layoffs and job losses have left hundreds of thousands of people wondering how they are going to pay their rent and credit card bills in the coming months.
While the federal government is taking .... More »
Amex Offers - Spend $9.99 with Spotify Premium and receive a $9.99 statement credit + MORE Dec 17th
Yet another great Amex Offers offer was released today. This one is for Spotify and it basically pays for one month of streaming if you take their individual plan. Thanks again to Rewards Canada contributor Jeff W. who let us know he received some of the offer on his Marriott Bonvoy American .... More »
How to earn an exotic vacation at the grocery store May 5th
You can earn an exotic vacation by using the right credit card when you fill your shopping cart at the grocery store. Start with a goal, and use the card that will help you achieve it..... More »
Lending money as an older adult
– moneysense.ca
If you’re an older adult, there’s a good chance someone younger, probably employed has asked you for money. There’s a good chance it was for substantial amount of money. And if you obliged, there’s an equally good chance no documents were signed.
What’s the cause of this borrowing?
Some reasons for borrowing from older adults include:
The borrower has the belief that the older person does not “need” their money (e.g. they aren’t raising a family, saving for a house, etc.);
What’s the cause of this borrowing?
Some reasons for borrowing from older adults include:
The borrower has the belief that the older person does not “need” their money (e.g. they aren’t raising a family, saving for a house, etc.);
Borrowers may be looking for quick cash and the older adult is more likely to have it readily accessible in bank accounts;
The borrower does not have good credit, cannot qualify for a traditional loan, and is looking for alternative lending sources with low or no interest;
Unprecedented household debt levels means that even though their credit may be fine (because they are paying at least the minimum necessary to service their existing debts) they do not qualify for additional credit;
The borrower is hiding issues from another family member (e…
Aug 22 Update: Reader question on Air Miles/WestJet fees and Hyatt’s next systemwide promo
– RewardsCanada.ca
This is the last update for this week as we are off tomorrow. Regular updates will return on Monday! News, Tips & Tricks Looks like the BMO World Elite changes we mentioned yesterday are being noticed! We received a few emails of people who are happy about the changes. I just wish BMO would have responded to our requests for upcoming changes to cards back in June as the card would have definitely ranked differently in the ‘Travel Points Credit Card with annual fee” category for our 2013 Canada’s Top Travel Rewards Credit Card. Chances are and I am saying this without looking at the full metrics of the change that the card would have ranked second or third. The main thing keeping this card back is the fact that you have to book with BMO Rewards, which means you have to have the points upfront, even if it isn’t the full amount where the other cards at the top of the category allow you to book via any method and give you time after that booking to redeem your points which means you can earn more points to make that one travel charge cheaper or that you can redeem for something you may book while you are on vacation like a train ticket…
