The “Big Five” Canadian banks 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). Are there other viable options?
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Despite clouding outlook, Canadian banks have plenty of room to manoeuvre
– theglobeandmail.com
If income sputters, banks can cut costs and spare investors pain
Switching Your Credit Card? Consider These Top 5 Travel Credit Cards
– ratesupermarket.ca
Are you an avid collector of travel rewards credit card points? If so, you could benefit from an impending market shakeup and onslaught of new earning options. As CIBC and TD continue their negotiations over the popular Aeroplan program, other lenders are stepping up to the plate with sweetened travel reward options, hoping to entice consumers currently caught between the big banks.
While any consumer would be frustrated by the circumstances, the situation does present a silver lining – the opportunity to reevaluate their rewards and switch to their best option. And, with so many great options offered by lenders, there’s never been a better time to trade in a card that’s slow to earn and hard to redeem.
Penelope’s Picks for the Best Travel Credit Cards for Consumers Who Want No Limits
While Canadians are big fans of earning points on their spending habits, travel-specific rewards have garnered a bit of a bad rap in the past – and no wonder! We’ve all heard horror stories about very restrictive reward redemption, flight blackout periods and unhelpful customer service…
Royal Bank of Canada added its name to the list of big Canadian banks reporting improved earnings in the third quarter, but Toronto-Dominion Bank said its profits dropped because of losses in its insurance unit.
Canada’s Big Five Banks Didn’t Disappoint, Reporting Strong Earnings across the Board
– blogs.wsj.com
Canada’s major banks posted strong third-quarter results, topping analysts’ expectations despite worries that heavily mortgaged Canadians and rising house prices would hurt their domestic lending businesses.
Switching Your Credit Card? Consider These Top 5 Travel Credit Cards
– ratesupermarket.ca
Are you an avid collector of travel rewards credit card points? If so, you could benefit from an impending market shakeup and onslaught of new earning options. As CIBC and TD continue their negotiations over the popular Aeroplan program, other lenders are stepping up to the plate with sweetened travel reward options, hoping to entice consumers currently caught between the big banks.
While any consumer would be frustrated by the circumstances, the situation does present a silver lining – the opportunity to reevaluate their rewards and switch to their best option. And, with so many great options offered by lenders, there’s never been a better time to trade in a card that’s slow to earn and hard to redeem.
Penelope’s Picks for the Best Travel Credit Cards for Consumers Who Want No Limits
While Canadians are big fans of earning points on their spending habits, travel-specific rewards have garnered a bit of a bad rap in the past – and no wonder! We’ve all heard horror stories about very restrictive reward redemption, flight blackout periods and unhelpful customer service…
