There are more credit card options in Canada than you can shake a stick at! Stay on top of the best rates and plans right here.
Latest News
What is European soccer’s recipe for success? Money. + MORE Jun 21st
MONEY AND SOCCER
Stefan Szymanski
North American conservatives and Real Madrid fans alike can rest at ease. Money and Soccer is not a salvo from the sidelines of a sport viewed by NFL-loving Americans as vaguely socialist; nor is it the equivalent of baseball’s Moneyball, which offered a recipe fo.... More »
More than a dozen federal departments flunked a credit card security test Oct 7th
There are 34 federal departments and agencies that allow citizens and others to pay for services with credit and debit cards. An internal briefing note, obtained by CBC News, shows that half of those institutions have flunked a global test designed to help ensure that personal inform.... More »
Rate survey: Average card APR continues to climb - CreditCards.com + MORE Dec 28th
Dec. 27, 2017: The average credit card interest rate hit another record high this week, according to the CreditCards.com Weekly Credit Card Rate Report..... More »
June 14 Update: 7-Eleven 7Rewards to implement 90 day inactivity rule, Double Points at the Best Western Cambridge and more! + MORE Jun 15th
Further to our feature of "Expiry and Inactivity Rules of Canadian Loyalty Programs" Rewards Canada reader Adam B. advised us that 7-Eleven 7Rewards points will expire after 90 days of inactivity as of July 6. That's one of the shortest periods we are aware of for a Canadian program (Spriit Airl.... More »
Moody’s backs ‘Aa1′ rating on UK’s bonds after Scotland votes to remain part of union + MORE Sep 19th
NEW YORK, N.Y. – Moody’s Investors Services maintained its rating on United Kingdom government-backed bonds Friday, a day after voters in Scotland decided against national independence.
Moody’s affirmed an ‘Aa1′ rating, its second-highest rating, and a stable outlook on.... More »
Free bank accounts for low-income seniors, youth
– moneysense.ca
OTTAWA – Finance Minister Joe Oliver is expected to announce he has secured agreement from Canada’s big banks on no-cost banking services for low-income seniors and other financially vulnerable Canadians.
The minister has scheduled an announcement at a senior’s centre in Ottawa for noon.
The announcement is expected to put flesh to the broad measure introduced in the February budget on cheap access to banking services.
The budget promised the government would work with financial institutions to expand no-cost banking services for youth, students and vulnerable groups.
The no-cost accounts are expected to potentially benefit about seven million low-income Canadians, including young people, and come into force next year.
Susan Eng of the Canadian Association of Retired Persons says measures to help vulnerable seniors avoid costly fees are welcome, as would be the elimination of charges for receiving credit card statements by mail.
Last year’s Throne Speech signalled that the government plans to announce a string of consumer-friendly policies, including rules limiting charges on pre-paid credit cards and measures to reduce the Canada-U…
The minister has scheduled an announcement at a senior’s centre in Ottawa for noon.
The announcement is expected to put flesh to the broad measure introduced in the February budget on cheap access to banking services.
The budget promised the government would work with financial institutions to expand no-cost banking services for youth, students and vulnerable groups.
The no-cost accounts are expected to potentially benefit about seven million low-income Canadians, including young people, and come into force next year.
Susan Eng of the Canadian Association of Retired Persons says measures to help vulnerable seniors avoid costly fees are welcome, as would be the elimination of charges for receiving credit card statements by mail.
Last year’s Throne Speech signalled that the government plans to announce a string of consumer-friendly policies, including rules limiting charges on pre-paid credit cards and measures to reduce the Canada-U…
