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
EQ Bank aims to become a household name + MORE Feb 20th
Canada’s seventh-largest bank is a lender the vast majority of Canadians have never heard of. It has no branches, credit cards, or wealth management offerings.
That could all soon change, says Chadwick Westlake, who became chief executive of EQ Bank last August and already announced a transform.... More »
Stephen Bannon, far-right outsider, becomes White House insider + MORE Nov 14th
Steve Bannon, campaign CEO for Republican presidential candidate Donald Trump, right, looks on during a national security meeting with advisors at Trump Tower, Friday, Oct. 7, 2016, in New York. (AP Photo/ Evan Vucci)
WASHINGTON—Steve Bannon, a leading force of the far-right, a flame-throwing medi.... More »
A Pro-Family, Pro-Growth Tax Reform + MORE Sep 22nd
Two simple income-tax brackets: 15% and 35%. End the marriage penalty and increase the child tax credit..... More »
RWRDS Daily Update – March 26, 2024 Mar 26th
Earn up to 100 bonus AIR MILES at Shell this week, they withdrew last week's Shell Flash Offer and earn up to 35,000 bonus PC Optimum points at Shoppers Drug Mart. Check out today's points & miles updates here:
The post RWRDS Daily Update – March 26, 2024 appeared first on Rewards Canada..... More »
South African crews helping fight Fort McMurray fire going home early + MORE Jun 9th
South African firefighters are seen on a an Air Canada plane in Johannesburg, South Africa destined for Edmonton on Sunday, May 29, 2016 in this handout photo. THE CANADIAN PRESS/HO-CNW Group/Air Canada-MANDATORY CREDIT
EDMONTON – A group that employs 300 South African firefighters on loan to .... More »
LIBOR and CDOR Scandal: What Investors Should Know
– ratesupermarket.ca

About a year-and-a-half ago, LIBOR went from being an obscure acronym from the world of international finance, to the name associated with the latest in a series of global financial scandals. While regulators are still sorting out precisely what happened – and the full implications – there are already some impacts being felt around the globe.
What is LIBOR?
First off, a brief primer on what LIBOR is. The acronym stands for London Interbank Offered Rate. It’s the rate an international collection of banks charge each other when exchanging various currencies. It’s one of many such exchange rates around the world – Canada has its own, the Canadian Dealer Offered Rate (CDOR); more on that in a moment – but the London rate is considered the global standard.
It’s calculated by averaging out the rate that as many as 18 different banks say they would have to pay in interest when borrowing funds. Trillions of dollars in credit card charges, mortgages, car loans, and other items are linked to the LIBOR rate…
Rewards Canada’s 6th Annual Canada’s Top Travel Rewards Credit Card rankings
– RewardsCanada.ca
Today on RewardsCanada.ca we posted our sixth annual picks for Canada’s top travel rewards credit cards. We have combed over 80 different credit cards offering travel rewards for Canadians and of those there are a few that really stand out. While it is practically impossible to give this question a perfect one card answer, we can breakdown the market of Canadian Travel Rewards credit cards into five major categories that these cards fall into. Visit rewardscanada.ca/topcc2014 for the complete details!For the complete article, details on each card plus runners up in each category please visit the full Canada’s Top Travel Rewards Credit Card for 2014 page on the Rewards Canada websiteCare to comment on our choices? Want to voice your opinion on the good and the bad of all the Travel Rewards Credit Cards in Canada. Share you views and experiences by leaving a comment below. Mar 25 Update: Aeroplan & Air Miles Bonuses for Best Western stays, Safeway Air Miles Bonus, Radisson B&B Package Bonus
– RewardsCanada.ca
Tuesday is all about the bonuses! Air Canada & Air Miles bonuses for Best Western stays, Radisson Bed & Breakfast Bonus and more News, Tips & TricksShort Term Bonus Alert: You can earn up to 300 Bonus Air Miles Reward Miles for shopping at Safeway this week. Here is a link to the coupons. Valid until Mar 27, 14 Bonus Offers Air Canada Aeroplan- 1,750 Bonus Aeroplan Miles for each qualified stay at any Best Western® branded hotel in Canada, the United States, or the Caribbean Islands. More… Apr 1 – Aug 31, 14Air Miles (Canada)- 60 Bonus Air Miles for each qualified stay at any Best Western® branded hotel in Canada, the U.S., or the Caribbean Islands. More… Apr 1 – Aug 31, 14 Valid for residents of Canada onlyairberlin topbonus- Double topbonus Miles for stays at the Dorint Airport-Hotel Zürich. More… Until Jul 31, 14Alaska Airlines Mileage Plan- Double Mileage Plan Miles when you fly British Airways nonstop service between Seattle and London…Scottish man wins 16-year legal battle over credit rating, triggered by laptop purchase
– canadianbusiness.com
LONDON – It started with an unwanted laptop, and it ended in Britain’s Supreme Court.
A Scottish man has won a 16-year court battle sparked by a wrangle over a computer credit deal.
Richard Durkin bought a laptop in 1998, using a credit agreement with lender HFC Bank for about 1,500 pounds. He returned the computer the next day because it lacked an internal modem, and tried to cancel the credit deal.
The bank said he couldn’t, and after he refused pay to pay declared he had defaulted. Durkin said the bad credit rating meant he was unable to buy a house.
Durkin went to court, spawning a battle that ended Wednesday when five Supreme Court justices ruled that Durkin had “validly rescinded the credit agreement” and awarded him 8,000 pounds ($13,000).
The post Scottish man wins 16-year legal battle over credit rating, triggered by laptop purchase appeared first on Canadian Business.
A Scottish man has won a 16-year court battle sparked by a wrangle over a computer credit deal.
Richard Durkin bought a laptop in 1998, using a credit agreement with lender HFC Bank for about 1,500 pounds. He returned the computer the next day because it lacked an internal modem, and tried to cancel the credit deal.
The bank said he couldn’t, and after he refused pay to pay declared he had defaulted. Durkin said the bad credit rating meant he was unable to buy a house.
Durkin went to court, spawning a battle that ended Wednesday when five Supreme Court justices ruled that Durkin had “validly rescinded the credit agreement” and awarded him 8,000 pounds ($13,000).
The post Scottish man wins 16-year legal battle over credit rating, triggered by laptop purchase appeared first on Canadian Business.


