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
April 19 Update: Bearskin Airlines leaving Aeroplan, Flair Airlines expanding domestic service, lots of new bonuses + MORE Apr 19th
In what can be seen as another hit to Aeroplan, albeit a small one, as of June 30 Bearskin Airlines will no longer participate in the programs. Full details Flair Airlines is expanding their ultra low cost service with 9 more routes this summer across Canada. Flair does not have a frequent flyer p.... More »
Time to give Avalanche credit for meaningful run over Flames - Sportsnet.ca + MORE Apr 19th
Time to give Avalanche credit for meaningful run over Flames Sportsnet.caFlames taking it one game at a time in series against Avalanche NHL.comTkachuk: Time's running out, we got to find a way to play our best hockey TSNColorado Avalanche's comeback nets 3-2 OT win&.... More »
Great offer! Earn 1,000 bonus points per night at the Humaniti Hotel, Autograph Collection Montreal Mar 6th
If you are making your way to Montreal in March or April and are Marriott fan check out this awesome offer. You can earn 1,000 bonus points per night for stays at the Humaniti Hotel, Autograph Collection Montreal. This beauty in this offer is the bonus points rate prices the same as the best member .... More »
January 29 Update: 8x Aeroplan Miles for Best Western stays, Flying Blue Promo Awards, IHG Reward Night Point Changes + MORE Jan 29th
Last update of January! News, Tips & Tricks All of today's news has already been posted to the RC blog, see the links below for the Aeroplan Best Western bonus, IHG's Reward Night changes and of course AF KLM's Promo Awards. Posts since our last update: Air Canada / Aeroplan - 8x Miles for Be.... More »
45,000 point offer on the Scotia Gold American Express ending early, Oman Air will join the oneworld Alliance & Novotel Hotels celebrates the LIGHTYEAR Movie Jun 20th
Here's your Rewards Canada Daily update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. We have been advised that the current welcome bonus offer on the Scotiabank Gold American Express card will now end on June 29 instead of July 4. The offer provi.... More »
Oct 28 Update: American AAdvantage 2015 program, 500 bonus Aeroplan Miles with Marriott in the U.S., another Delta SkyMiles devaluation?
– RewardsCanada.ca
A relatively quiet start to the week! News, Tips & TricksSeveral blogs and people FlyerTalk are stating the you can no longer book stopovers on Delta Airlines SkyMiles award tickets. It may be too early to tell if this a permanent change or a technical glitch. We’ll keep you in the loop on this potential devaluation if it sticks.We highlighted the 2015 American AAdvantage program which includes the integration of US Airways Dividend Miles. Read all about it here. Only a few more days to vote for your favourite Travel Rewards Credit Card. If you haven’t voted yet be sure to do so by Friday night! Vote here.In the bonus offer section we visit the new Aeroplan partner transfer bonus again but if you want more details on it you can read our separate post here. There is also a new Aeroplan bonus for Marriott stays in the U.S. (this seems to be a recurring bonus nowadays) and a new Dividend Miles buy miles bonus which isn’t as lucrative as it used to be.Bonus Offers Air Canada Aeroplan- Earn up to 25,000 Bonus Aeroplan Miles when you convert points from a wide selection of Aeroplan partner loyalty programs (hotel, car rental, and points…Credit Card Showdown: mbna SmartCash World MasterCard vs. American Express SimplyCash Card
– RewardsCanada.ca
Welcome to Rewards Canada’s second ever credit card showdown. We tested this concept a little over a year ago in this type of showdown but haven’t done one since. Now we hope to make it a more frequent feature here on Rewards Canada. With Cash Back credit cards becoming more popular and more of our readers asking us about them we figured we would compare two of the top no fee based cash back cards, the mbna SmartCash World MasterCard and the American Express SimplyCash Card. (Don’t worry, we’ll have a fee card showdown coming soon as well!) Like the previous showdown I am writing this piece with the intent that the reader has at least some knowledge of the cash back process and credit card reward programs. You don’t have to be an expert but if you are new to the rewards game some of this may not make sense to you. Also know that there are other cash back cards that may work better for you but we have set up this feature like a boxing match so we only compare two cards but those two are typically very popular or at the top end of the offerings in the Canadian market…Could This Be The End of Credit Card Interchange Fees?
– ratesupermarket.ca
Did you know – each time a credit card is used to make a purchase in-store, a fee is charged to the merchant? Ranging from 1.5 per cent to 4 per cent, these charges – known as interchange fees – have long been a point of contention among retailers. The issue has plagued the Conservative government for many years and, after announcing it would be addressed in the last Throne Speech (and with the federal election looming in 2015), the Tories are taking action. Or at least, they’re trying to.
What is Being Discussed
The federal government is asking for a voluntary reduction of credit card interchange fees by 10 per cent. With MasterCard and Visa owning over 90 per cent of the credit card market, the negotiations are ongoing.
MasterCard and Visa don’t benefit directly from interchange fees – it’s the big banks that are earning a tidy sum. MasterCard and Visa are vehemently opposed to regulation, saying there’s no proof that the savings will be passed along by retailers to consumers…
