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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New Rogers Credit Card To Come In 2014
– ratesupermarket.ca

If you’re a typical Canadian consumer, you likely come in contact with at least one Rogers product a day; your mobile phone, your cable – even your skyline, if you’re a resident of the GTA. Now, the telecommunications giant is looking to enter your wallet too, with a new rewards credit card to be launched in 2014.
Rogers received the final authorization from OSFI this week, acquiring their banking license and officially paving the way to joining the sector. While they’re far from the first retailer to dabble in financial services – Canadian Tire and Walmart offer credit cards of their own – Rogers is the first telecommunications company to make the leap.
Points Will Save On Services And Upgrades
The new credit card will accompany Rogers’ loyalty program, which was launched in July and is currently being rolled out across Canada. The card will earn Rogers First Rewards points, which can then be cashed in on Rogers services and upgrades – a fairly practical money saving option as far as rewards go…


