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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Top 5 Small Business Credit Card Sign Up offers for March - These cards provide the best value out of their welcome bonuses + MORE Mar 12th
Here are the Rewards Canada Top 5 Small Business Credit Card Sign Up offers for this month! This is not a 'best' credit card list like our Top Travel Rewards Credit Card rankings but instead a look at cards for small businesses that have very good acquisition (welcome/sign up) offers. As always .... More »
RWRDS Daily Update – October 31 + MORE Oct 31st
Here’s your Rewards Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. Iberia Plus flight earning changes Iberia Plus announced they are moving to reward Avios on flights based on spend rather than distance and fare class. This revenue.... More »
Best low-rate credit cards of 2015 + MORE Aug 26th
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Apr 15 Update: Does the BMO World Elite cover award ticket taxes, Emirates July Miles Accelerator offers, Last day to enter FFB10! + MORE Apr 15th
Here is your mid week update! News, Tips & Tricks Reader question! Anshul posted this on our Facebook page: "Does BMO World Elite Mastercard cover award ticket (aeroplan) taxes?" And we had a simple answer. No it does not. However for a list of cards that do see this post. Beware however .... More »
National Car Rental One Two Free / Rent Rent Reward Returns - Earn a free rental after two qualifying rentals (2 Versions) + MORE Aug 21st
One of the best Car Rental Reward program promotions, National Emerald Club's One Two Free (US) / Rent Rent Reward (Canada) has returned. Once again there is a U.S. version and a Canadian version. The Canadian version is slightly better than the U.S. version on the rental portion as Canadians c.... More »
New high-end cards boost average cost of annual fee cards
– creditcards.com
A surge of pricey new high-fee credit cards on the market boosted the average annual fee to $163, nearly double a year ago
5 Lies About Your Credit Report
– canadianfinanceblog.com
Your credit report is important and because of that, a lot is written about it as well as talked about over dinner or as topics of water cooler conversations. Although some of the advice comes from well meaning people trying to help, misinformation or failing to go to trusted sources could make for some unfortunate surprises if you were to later view your credit score.
1. Once I Pay Off the Collection Agency, It Will Leave my Credit Report
Wouldn’t that be nice? In most cases that’s not true. Once you pay off a debt that was in collections, the best you can hope for is the debt to be listed as “closed” but often it’s listed as “paid collection”.
When an account is listed as a collection, it remains on your credit report for seven years. Once you pay the debt, it is listed as “paid collection” for the remainder of the seven year period. It may be a bit of good news to know that the seven years doesn’t start over. The other bright spot is that an account listed as a “paid collection” is not as bad as an unpaid account that was referred to a collection agent…
How can I protect my point-of-sale system against security breaches?
– creditcards.com
Lax POS security can cost your small business steep fines from credit card issuers if your system is breached. Safe password practices are one of your best defenses
