How to go about securing the best rate and plan for your credit card in Canada.
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American Express Cobalt Card: 98 new confirmed multiplier locations in Canada, the U.S., & Asia + MORE Sep 22nd
Here’s our next update to the American Express Cobalt Card Confirmed Multiplier Locations with 98 new locations being added today from Canada, the U.S., Taiwan and China along with two location updates. Thanks to the RWRDS Canada community for providing details on thousands of locations around the.... More »
Vote for your favourite credit cards and loyalty programs in Canada’s Choice 2025! + MORE Oct 2nd
This is where, you, the Canadian consumer get to vote for your favourite credit cards and loyalty programs in Canada!! Voting is quite simple, once you click the voting icon or link below you will be asked to select one card or loyalty program in each one of our 12 categories (or none at all [….... More »
Last day to apply for Tangerine Mastercards with their $250 welcome bonus + MORE Mar 31st
Today is the last day that you can apply for either the Tangerine World Mastercard or Tangerine Money-Back Credit Card to receive their current welcome bonus offer of $250.To receive the bonus on either card you have to spend $5,000 in your first three months and you'll get a $250 bonus over and abo.... More »
Hold up, wait a minute! Up to 7% cash back? Neo Financial is in it to win it + MORE Nov 2nd
As we detailed in a previous post the yet to be released Neo Financial World Elite Mastercard is being tweaked but the information we had at the time of writing that article only told part of the story. Neo has since reached out to RWRDS Canada with the complete changes being instituted on the World.... More »
The best GIC rates in Canada for 2025 + MORE May 21st
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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3 Ways To Pay Less At The Grocery Store
– ratesupermarket.ca
Is there a summer tradition more beloved than the “Great Canadian Barbecue”? After all, we only have a scant three to four months to enjoy our outdoor culinary pursuits. However, backyard chefs across the nation will find they’re paying more for their burgers, chops and steaks this year.
Meat prices have skyrocketed in Canada over the past 12 months, with retail prices shooting up 12 per cent for ground beef and steaks, and up to 16 per cent for pork chops, according to Stats Canada. Declining beef supply and a rampant virus affecting pigs are to blame for the price increases, which have far outstripped the lagging rate of inflation.
What can Canadian families do to counter these rising costs? Check out our top tips for saving at the grocery store:
Meat prices have skyrocketed in Canada over the past 12 months, with retail prices shooting up 12 per cent for ground beef and steaks, and up to 16 per cent for pork chops, according to Stats Canada. Declining beef supply and a rampant virus affecting pigs are to blame for the price increases, which have far outstripped the lagging rate of inflation.
What can Canadian families do to counter these rising costs? Check out our top tips for saving at the grocery store:
Tip 1: Get a Big Point Payoff at the Checkout
One of the quickest ways to gain extra value is with some savvy credit card use. A cash back option that earns rewards on daily purchases such as gas and groceries offers the greatest flexibility; why not score extra cash on the purchases you’re making anyway?
Our pick: The MBNA Smart Cash MasterCard® Credit Card has up to 5% cash back on all of your eligible gas and grocery purchases for the first 6 months‡ (it earns up to 2% after this initial period on eligible purchases, and 1% on everything else)…
Applying For a Mortgage? How To Improve Your Credit Score Now
– ratesupermarket.ca
As most homebuyers can attest to, the wait for confirmation of mortgage approval happens with bated breath. To avoid any disappointment, it’s best to get up close and personal with your financial profile ahead of time, anticipating what might hurt your chances at approval and working towards remedying any snafus.
Wondering what factors might hurt your chances most? A recent survey of mortgage professionals by FICO revealed what raises flags when it comes to mortgage loan applicants. Fifty-nine per cent of respondents said “high debt-to-income ratio” was their top concern, followed by “multiple recent applications for credit” (13 per cent) and a “low FICO score” (10 per cent).
What is a FICO Score?
As for what comprises a FICO score, “there are five components,” says Anthony Sprauve, senior consumer credit specialist for FICO. “Payment history (35 per cent), credit utilization (30 per cent), length of credit history (15 per cent), new credit (10 per cent) and types of credit used (10 per cent)…
Wondering what factors might hurt your chances most? A recent survey of mortgage professionals by FICO revealed what raises flags when it comes to mortgage loan applicants. Fifty-nine per cent of respondents said “high debt-to-income ratio” was their top concern, followed by “multiple recent applications for credit” (13 per cent) and a “low FICO score” (10 per cent).
What is a FICO Score?
As for what comprises a FICO score, “there are five components,” says Anthony Sprauve, senior consumer credit specialist for FICO. “Payment history (35 per cent), credit utilization (30 per cent), length of credit history (15 per cent), new credit (10 per cent) and types of credit used (10 per cent)…
