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
How to earn over $1,200 in value from the right travel credit card + MORE Nov 26th
Travel rewards cards are super-popular with Canadians, and competition in the sector is fierce. Determining the real tactical value of a card can be a challenge—and we warn you: There’s math! The effort is worth it, though. Pick the right card and you can earn big. In this article, we’ll use t.... More »
It's finally here! You can now convert American Express Membership Rewards points to Air France KLM Flying Blue + MORE Aug 20th
For those who saw this several years ago the wait is over. American Express Canada has added a new airline program to their Membership Rewards frequent traveler participants! This is the part of the program where you can convert Membership Rewards points to airline programs and the two most po.... More »
Ottawa boosts immigration officers’ ability to cancel visitor visas, travel permits - The Globe and Mail + MORE Feb 16th
Ottawa boosts immigration officers’ ability to cancel visitor visas, travel permits The Globe and MailCanada tightens immigration rules: Study, work permits now easier to revoke The Times of IndiaCanada visa: Canada make new rules to cancel temporary resident visas, work and .... More »
Capital One to launch travel transfer partners for Venture cardholders in December + MORE Nov 13th
Beginning in December 2018, in addition to redeeming miles for travel, statement credits, gift cards or cash back, Capital One Venture Credit Card members will be able to transfer miles to 12 travel loyalty programs..... More »
Podcast Episode 119: Canada’s Best Cash Back Rewards Credit Cards for 2025 + MORE Jan 30th
In this episode we look at all the best cash back rewards credit cards in Canada for 2025. These are RWRDS Canada’s 9th annual Top Cash Back Credit Card rankings! Listen to the podcast here: Watch the podcast here: Links to the topics of discussion: Canada’s Top Cash Back Credit Cards 20.... More »
StatsCan: Canadians are Richer and in Less Debt
– ratesupermarket.ca
Finally, some good news on the Canadian debt front – the latest numbers from Statistics Canada find that Canadian credit levels are shrinking, while household net worth is growing.
The Daily Report, outlining the National Balance Sheet and Financial Flow Accounts (say that five times fast) for the first quarter of 2013, found national wealth clocks in at $7.8 trillion – a $115-billion increase, which is mainly due to an increase in real estate values.
According to the report:
Canadians are richer: Household net worth is $222,600, an increase of 2.5 per cent from Q4 2013.
Homes are worth more: Real estate values increased by 2 per cent.
Mortgage debt is slowing: Total mortgage debt clocks in at $1.1 trillion – a 0.6 per cent increase. This is the slowest rate of mortgage debt growth since 2009.
Canadians have less debt: The national debt-to-income ratio is now 163.2 per cent – down from 163.9 per cent last year.
Canadians own more of their homes: Owner equity in real estate is 69…
The Daily Report, outlining the National Balance Sheet and Financial Flow Accounts (say that five times fast) for the first quarter of 2013, found national wealth clocks in at $7.8 trillion – a $115-billion increase, which is mainly due to an increase in real estate values.
According to the report:
Canadians are richer: Household net worth is $222,600, an increase of 2.5 per cent from Q4 2013.
Homes are worth more: Real estate values increased by 2 per cent.
Mortgage debt is slowing: Total mortgage debt clocks in at $1.1 trillion – a 0.6 per cent increase. This is the slowest rate of mortgage debt growth since 2009.
Canadians have less debt: The national debt-to-income ratio is now 163.2 per cent – down from 163.9 per cent last year.
Canadians own more of their homes: Owner equity in real estate is 69…
June 24 Update: Which credit card reward programs cover FFP fees & taxes, Ritz-Carlton Double Elite Qualifying offer, up to 10x Air Miles at Shell
– RewardsCanada.ca
An quiet day in the world of loyalty today! News, Tips & Tricks No news to pass along today, but our tip of the day goes back to an older post of ours that points out which Credit Card reward programs can be used to pay for the taxes and fees on Aeroplan and other frequent flyer program award tickets. Which credit cards can be used to cover award ticket taxes, fees and surcharges? In the bonus offers section check out the Ritz-Carlton double elite qualifying offer for the Ritz-Carlton Rewards program. Super easy to take advantage of since there is no registration required but you do have to ensure you credit your stays to Ritz-Carlton Rewards not Marriott Rewards. Travel Deals Accor has launched their 1st Super Sale of the year: Save 30% to 40% off your summer stay + free breakfast in over 2,200 hotels worldwide! Hurry, book by June 27th, Midnight. Bonus Offers Air Miles (Canada)- Earn up to 10x Air Miles on Shell gasoline purchases. More… Until Jul 20, 14airberlin topbonus- Triple topbonus Miles when you fly on airberlin or NIKI between Stuttgart or Vienna and Abu Dhabi…Is Financial Stress Following You to Work?
– ratesupermarket.ca
Financial stress alone can be debilitating, making it difficult to concentrate on work and other daily requirements. But when both workplace stress and financial concerns coalesce, getting through the workday becomes a Sisyphean task.
There’s a reason why debt is causing Canadians a few ulcers; according to credit agency Equifax Canada, it hit a record $1.422 trillion in the fourth quarter of 2013.
How to Know When You’ve Had Enough
Walking around with a pit in your stomach is no way to live – if this is how you feel, it may be time to talk to a counselor, or address your financial stress with an advisor.
Key physical indicators include insomnia, an inability to concentrate, bouts of depression and adverse emotional reactions like irritability and anger. These emotions can make even the most menial tasks difficult to accomplish.
When Stress Affects the Bottom Line
There’s a reason why debt is causing Canadians a few ulcers; according to credit agency Equifax Canada, it hit a record $1.422 trillion in the fourth quarter of 2013.
How to Know When You’ve Had Enough
Walking around with a pit in your stomach is no way to live – if this is how you feel, it may be time to talk to a counselor, or address your financial stress with an advisor.
Key physical indicators include insomnia, an inability to concentrate, bouts of depression and adverse emotional reactions like irritability and anger. These emotions can make even the most menial tasks difficult to accomplish.
When Stress Affects the Bottom Line
The compounding effects of workplace and financial stress have grown to the point where employers are starting to take notice…
