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
RWRDS Daily Update – November 30, 2023 + MORE Nov 30th
Rogers Mastercard is enhanced to offer up to 3% cash back now, American Express no longer coding select Walmart Supercentre locations as 5x points and 17 new confirmed Cobalt Multiplier locations. Check out today's points & miles updates here:
The post RWRDS Daily Update – November 30, 2023 a.... More »
December 21 Update: Use TD Rewards Points for Amazon purchases and Air Transat's Boxing Day sale Dec 21st
Here's your Rewards Canada Daily update! Your daily dose (or near daily dose) of loyalty program, credit card and travel news, bonuses, deals and more. This update is brought to you by the HSBC World Elite Mastercard which is currently offering a welcome bonus of up to 100,000 bonus points!.... More »
Weekly rate report: Average card APR climbs to all-time record high of 17.07 percent + MORE Oct 11th
October 10, 2018: The average credit card interest rate smashed another record this week, climbing to 17.07 percent – an all-time high..... More »
Compare your card options + MORE Apr 8th
Compare your card options
Our credit card comparison tool helps you compare your options instantly—and find the perfect match.
You can sort results based on current welcome offers and gift card bonuses, annual fees, and the estimated rewards value earned annually. Or for further customizat.... More »
The Fairfield Inn & Suites Orillia is now open and offering 5,000 bonus points per stay + MORE Apr 2nd
Back in February we started off our 2021 series of looking at new hotels opening in Canada with what Marriott has planned and one of those nine hotels slated for this year has opened early! The Fairfield Inn & Suites Orillia was originally set to open on April 8 but it appears to have actually o.... More »
Mortgage debt growth slowed: Statistics Canada
– macleans.ca
OTTAWA – Statistics Canada says mortgage debt at the end of the first quarter was up by 0.6 per cent from the previous quarter, the slowest pace of growth since early 2009.
The agency says mortgage debt totalled more than $1.1 trillion at the end of the first quarter.
The move came as Statistics Canada said the level of household credit market debt to disposable income edged down to 163.2 per cent in the first quarter compared with 163.9 per cent in the fourth quarter of 2013.
The decrease means Canadians owe just over $1.63 for every $1 in disposable income they earn in a year.
It says consumer credit debt edged down 0.3 per cent from the fourth quarter to $507 billion.
Household net worth grew by 2.5 per cent in the first quarter, led by a 3.2 per cent gain in the value of shares and other equities. The increase in household net worth was also supported by a 2.0 per cent gain in the value of household real estate. On a per capita basis, household net worth rose to $222,600 in the first quarter…
The agency says mortgage debt totalled more than $1.1 trillion at the end of the first quarter.
The move came as Statistics Canada said the level of household credit market debt to disposable income edged down to 163.2 per cent in the first quarter compared with 163.9 per cent in the fourth quarter of 2013.
The decrease means Canadians owe just over $1.63 for every $1 in disposable income they earn in a year.
It says consumer credit debt edged down 0.3 per cent from the fourth quarter to $507 billion.
Household net worth grew by 2.5 per cent in the first quarter, led by a 3.2 per cent gain in the value of shares and other equities. The increase in household net worth was also supported by a 2.0 per cent gain in the value of household real estate. On a per capita basis, household net worth rose to $222,600 in the first quarter…
Mortgage debt growth slowed: Statistics Canada
– macleans.ca
OTTAWA – Statistics Canada says mortgage debt at the end of the first quarter was up by 0.6 per cent from the previous quarter, the slowest pace of growth since early 2009.
The agency says mortgage debt totalled more than $1.1 trillion at the end of the first quarter.
The move came as Statistics Canada said the level of household credit market debt to disposable income edged down to 163.2 per cent in the first quarter compared with 163.9 per cent in the fourth quarter of 2013.
The decrease means Canadians owe just over $1.63 for every $1 in disposable income they earn in a year.
It says consumer credit debt edged down 0.3 per cent from the fourth quarter to $507 billion.
Household net worth grew by 2.5 per cent in the first quarter, led by a 3.2 per cent gain in the value of shares and other equities. The increase in household net worth was also supported by a 2.0 per cent gain in the value of household real estate. On a per capita basis, household net worth rose to $222,600 in the first quarter…
The agency says mortgage debt totalled more than $1.1 trillion at the end of the first quarter.
The move came as Statistics Canada said the level of household credit market debt to disposable income edged down to 163.2 per cent in the first quarter compared with 163.9 per cent in the fourth quarter of 2013.
The decrease means Canadians owe just over $1.63 for every $1 in disposable income they earn in a year.
It says consumer credit debt edged down 0.3 per cent from the fourth quarter to $507 billion.
Household net worth grew by 2.5 per cent in the first quarter, led by a 3.2 per cent gain in the value of shares and other equities. The increase in household net worth was also supported by a 2.0 per cent gain in the value of household real estate. On a per capita basis, household net worth rose to $222,600 in the first quarter…
June 19 Update: Reader Questions on Amex to BA Transfer bonus, Starwood Canada summer sale, 12 new bonuses
– RewardsCanada.ca
#RackUpRewards twitter chat, Cathay Pacific Upgrade Auction and more! News, Tips & Tricks The one question I have been asked the most over the past few months via email, the blog, twitter and more has been “Do you know when the Amex bonus for transferring Membership Rewards Points to British Airways will return?” I talked to Amex and their response is “there are no transfer bonuses in the works.” What this means is anyone’s best guess. I personally don’t think we’ll see one in the short term ( 1-3 months) but who knows I could be wrong! I’m hoping they haven’t killed the bonus as like many of you I’m sitting on a lot of points waiting to be transferred to BA. I recently took advantage of the Diners Club Club Rewards 30% transfer bonus to BA for a small transfer (4 – Avios 9,000 RT flights) but that bonus just nets out a little above an Avios per dollar whereas the Amex transfer with a 50% bonus would net out closer to 3 Avios per dollar for me. Here’s to keeping our fingers crossed that it will be around sometime this year! On another Amex question note, some readers have asked when and if the 20K sign up bonus for the SPG Amex will return and same answer, no plans at the moment for that bonus…0-percent balance transfer after debt in collections? Good luck
– creditcards.com
Balance transfer offers aren’t lifelines offered to people with bad credit, they’re a deal for those who maintain good credit
Card rates remain locked at 15.01 percent for 7th week
– creditcards.com
June 18, 2014: Interest rates on new credit card offers didn’t budge this week, according to the CreditCards.com Weekly Credit Card Rate Report.
