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?
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Aug 25 Update: Targeted Aeroplan Bonus for Air Canada flights, Cathay Pacific Business Class sale, Targeted Hyatt stay bonuses Aug 25th
Rewards Canada is back after a week of vacation where we disconnected, literally. The cabin we rented on Lake Pend Oreille in Idaho had no Internet access and no TV just sunshine, an amusement park, fun watersports and more! Other than a few hits of WiFi at Starbucks in Sandpoint is was really ni.... More »
Best Ever Bonus for the RBC Avion Visa Infinite Card: Earn up to 55,000 RBC Rewards Points! Aug 13th
RBC has brought their flagship card into the game of bigger and better bonuses. So many other issuers have been steadily increasing the offers on their cards - many with their best ever bonuses - and even RBC has done so on their British Airways, Cathay Pacific and WestJet cards. And for this summer.... More »
Amex Offers: Spend $1,000 with Air France or KLM and receive a $250 statement credit + MORE Jun 3rd
We see the return of an Amex Offers statement credit offer for purchasing tickets with Air France and KLM. This offer was last seen in the fall of 2021 and provided a $100 statement credit when you spend $1,000 or more with either airline. This time they upped the ante significantly as they offering.... More »
Top 5 Credit Card Sign Up offers for May + MORE May 3rd
Here are the Rewards Canada Top 5 Credit Card Sign Up offers for the month of May! This is not a 'best' credit card list like our Top Travel Rewards Credit Card rankings but instead a look at cards that have very good acquisition offers. As always when choosing a card you should always take other f.... More »
Meridian Credit Union no longer accepting new credit card applications and a new Guide to Amex's International Airline Program + MORE Aug 9th
Here's your Rewards Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. According to a thread on RFD, Meridian Credit Union has stopped accepting new applications for their cards as they will be changing providers in the fall. The.... More »
You’ll notice a few of these triple miles offers out now! This one of course is of most interest to us Canucks but there are also offers for American AAdvantage and US Airways Dividend Miles. Here is the offer as it will be posted on Rewards Canada’s Aeroplan Bonus Miles page next Monday:Triple Aeroplan Miles for every qualifying stay at any Choice Hotels International location included in the Choice Privileges* program to be eligible for the promotion. Full Details and online Booking Mar 15 – May 31, 14 *Points cannot be earned in Brazil, China, Denmark, Estonia, Finland, Iceland, India, Japan, Latvia, Lithuania, Norway or Sweden. Points can be earned in Australia, New Zealand, Singapore, Papua New Guinea and Fiji.Can’t make use of this promotion? Be sure to visit our Aeroplan Bonus Miles page for other flight, hotel, car rental and other mileage bonuses! Payday Loans: Think Twice Before Entering This Cycle of Debt
– canadianfinanceblog.com
Every now and again, we all find ourselves in a financial pinch. When you are strapped for cash, it can be tempting to turn to payday loans. These loans are known for not being too picky about poor credit, and you can get the cash fast. If you’re not careful, though, you could find yourself in big trouble down the road. I was recently on Gail Vaz-Oxlade’s radio show to talk about payday loans, and while I’ve written about them here previously, I wanted to share some more reasons I have a problem with payday loans.Short Term, High Interest Loans
Payday loans are short term loans made by companies like Money Mart and The Cash Store at very high interest rates. These loans are meant to just get you through until payday, hence the name. Few people, when getting payday loans expect them to last very long, especially since they often mean to immediately pay off what is owed once payday arrives.
Here’s how it works: A borrower writes a personal cheque for the loan amount, plus a fee, payable to the lender…


