All about Canadian credit cards. Learn the ins and outs and get the latest news.
Latest News
Best offer this year! Earn up to 140,000 points with the American Express® Aeroplan®* Business Reserve Card + MORE May 22nd
American Express has brought out the best offers for this year on the American Express® Aeroplan®* Reserve Card and the American Express® Aeroplan®* Business Reserve Card for the summer of 2025! In this post we’ll look at the offer for business card which offers up to 140,000 bonus Aeropla.... More »
August 9 Update: Chase Canada to forgive all debt owed on their Canadian Marriott & Amazon Visa cards Aug 10th
Early in 2018 Chase Canada completely shut down their credit card business. At the time they only had two cards left in their portfolio, their Marriott and Amazon Visa cards as the other cards they had issued previously were taken over other Canadian banks. Although Chase was no longer issuing c.... More »
AIR MILES launches Happy Everyday online community to entertain Canadians staying at home + MORE May 9th
AIR MILES reached out to us to pass along the news of a new online community initiative they have launched to help Canadians beat the boredom of staying at home. AIR MILES says it will 'entertain, excite and reward Canadian for doing their part and staying home'The loyalty program has brought togeth.... More »
Know debt settlement companies' full cost Feb 11th
You will trash your credit and may owe a larger tax bill.... More »
RWRDS Daily Update April 18: You can now fly direct from Calgary to Munich with Discover Airlines Apr 18th
You can now fly direct from Calgary to Munich with Discover Airlines and Muir Halifax upgrades from Autograph Collection to Luxury Collection. Check out today's points & miles updates here:
The post RWRDS Daily Update April 18: You can now fly direct from Calgary to Munich with Discover Airline.... More »
MBNA TrueLine MasterCard Launches Personalized Interest Rate
– ratesupermarket.ca
In the world of consumer borrowing, the affordability of a loan – aka. scoring the best rate – is dependent on a few factors: the applicant’s current debt ratio, income level, existing assets, and their credit score. However, credit cards are usually exempt from this model – they come with a fixed cost of borrowing and, while a pristine credit score can qualify you for plusher rewards and a higher limit, there isn’t much wiggle room when it comes to paying interest.
Previously, customers looking to pay less could apply for low interest options, or sign up for limited-time balance transfer promotions. Now, MBNA has changed the game, introducing a credit card that tailors its interest rate based on the cardholder’s credit score.
The new card is actually a relaunch of the lender’s popular TrueLine MasterCard, a no-fee option that offered 9.99 per cent on purchases and balance transfers. The new version will charge an interest rate ranging from 5.9 per cent (the lowest on the market), to 14…
Anatomy of a credit card
– creditcards.com
With the coming of chip cards, the anatomy of a credit card has become even more crowded. Do you know what all the parts are and what they do?
