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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The Debt Threat to the Economy + MORE Dec 11th
As rates rise, paying back government borrowing will consume the credit needed to sustain growth..... More »
IHG One Rewards new elite benefits and milestone rewards are now live & earn up to 5x points with Aeroplan eStore Father's Day event + MORE Jun 8th
Here's your Rewards Canada Daily update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. Today's update is brought to you by the HSBC High Rate Savings Account with which you can enjoy a total annual interest rate of up to 2.65% on new deposits± .... More »
Exploring mysterious worlds in 'The Hunt for Planet B' - CNN + MORE Nov 20th
Exploring mysterious worlds in 'The Hunt for Planet B' CNNThe most powerful telescope ever built is about to change how we see the universe East Idaho NewsNASA's huge James Webb Space Telescope is one month from launch Space.comThe name of NASA's most powerful telesc.... More »
Top 5 Credit Card Sign Up offers for April + MORE Apr 7th
Here are the Rewards Canada Top 5 Credit Card Sign Up offers for the month of April! This is not a 'best' credit card list like our Top Travel Rewards Credit Card rankings but instead a look at cards that have very good acquisition offers. As always when choosing a card you should always take other.... More »
September 23 Update: Spend $350 at William Ashley get $50 with Amex Offers, weekly beauty bonuses from Rexall & Shoppers plus WestJet adds Dreamliner to Vancouver-Toronto route Sep 24th
Earlier in the week I brought you the details of the new Amex Offers offer for Amazon Prime (looks like it met the 5,000 member limit quickly) but I forgot to mention on that same day that an offer for William Ashley returned. The offer provides a $50 statement credit when you spend at leas.... More »
Darryl Dyck/CPMONTREAL – The cost of flying will soon increase for millions of Canadian passengers each year with the announcement by WestJet Airlines that it will start charging some economy fare customers a fee to check their first bag on flights within Canada and to the United States.
The new fee, ranging between $25 and $29.50 depending on provincial taxes, will apply to all new bookings starting Monday for travel on WestJet and its regional airline Encore as of Oct. 29.
WestJet (TSX:WJA) said the new charge — to be paid at check-in or online up to 24 hours before travel — is expected to affect 20 per cent of its travellers, or some 4.4 million passengers a year.
Different baggage allowances will apply to those in other fare classes or those using its revamped loyalty program, also unveiled Monday.
WestJet’s Flex fares avoid the first baggage charge, while Plus fares provide more leg room, advance boarding and two free checked bags. WestJet RBC World Elite MasterCard holders and up to eight guests travelling on the same reservation won’t pay the first checked bag fee…
Don't travel? Opt for other business rewards
– creditcards.com
If you don’t travel much for business or pleasure, there’s no point in getting a small-business credit card that specializes in travel rewards. Instead, look for a cash-back card or one that earns rewards you can use
Darryl Dyck/CPMONTREAL – The cost of flying will soon increase for millions of Canadian passengers each year with the announcement by WestJet Airlines that it will start charging some economy fare customers a fee to check their first bag on flights within Canada and to the United States.
The new fee, ranging between $25 and $29.50 depending on provincial taxes, will apply to all new bookings starting Monday for travel on WestJet and its regional airline Encore as of Oct. 29.
WestJet (TSX:WJA) said the new charge — to be paid at check-in or online up to 24 hours before travel — is expected to affect 20 per cent of its travellers, or some 4.4 million passengers a year.
Different baggage allowances will apply to those in other fare classes or those using its revamped loyalty program, also unveiled Monday.
WestJet’s Flex fares avoid the first baggage charge, while Plus fares provide more leg room, advance boarding and two free checked bags. WestJet RBC World Elite MasterCard holders and up to eight guests travelling on the same reservation won’t pay the first checked bag fee…
Why there’s a sudden surge in reverse mortgages
– moneysense.ca
The number of reverse mortgages in Canada increased 29% year-over-year in June—a significant jump. Fee-only planner Jason Heath says the rise is due to soaring home prices in Canada, allowing seniors with limited income to use reverse mortgages to tap into their growing home equity. But Heath warns that using reverse mortgages is risky, because they permanently eat through your home equity, and they do so quickly. A more prudent option is a home-equity line of credit. If you’re really short on cash, it’s often better to sell your house, spend some of the proceeds, and rent.
Source: HomEquityBank
The post Why there’s a sudden surge in reverse mortgages appeared first on MoneySense.
Air Canada: Earn up to 35,000 Bonus Aeroplan Miles between Canada or the U.S. and London
– RewardsCanada.ca
Air Canada has launched a new promotion for bonus Aeroplan miles on their flights from Canada to London and on United Airlines flights from the U.S. to London. Called London. This offer is hot on the heels of their summer London offer which isn’t open for registration but is still valid for flights until September 30th. The new offering is more lucrative for those flying on economy class fares than the previous bonus as the bonus levels in this new offer are the same regardless of fare class whereas the summer promo awarded more for higher fare classes. Here is how this latest bonus is awarded to those flying to London:As with As with all Aeroplan flight bonuses for Air Canada, this promotion is only valid on new bookings so if you have an existing booking(s) made prior to today it will not count towards the promotion.Offer DetailsEarn up to 35,000 Bonus Aeroplan Miles on non stop round-trip flights (or 2 one-way segments) with Air Canada between Canada and London or with United between the U…

