How to go about securing the best rate and plan for your credit card in Canada.
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Credit counselling calls surge as Canadians struggle with rising costs Dec 4th
Canadians have had a difficult year when it comes to their personal finances, and calls to credit counselling agencies reflect these challenges. According to a new study from Credit Canada, calls for counselling are up 39.6% across the country over the past year. We’ll take a look at why Canadians.... More »
AIR MILES lowers requirements to reach Gold and Onyx Elite status - is it enough to help the struggling program? Aug 10th
AIR MILES has let us know they are lowering the qualification thresholds for acquiring Gold or Onyx Elite Status with the program. Up until now collectors were required to earn 1,000 Reward Miles in a calendar year to achieve Gold Status and 6,000 miles for Onyx Status. Those requirements have now b.... More »
Grocery inflation in Canada: New report for spring 2024 Apr 11th
Grocery inflation will fall below 2% by the spring and stay roughly between 1% and 2% for the rest of 2024, predicts a new report on the food and beverage industry. Farm Credit Canada, an agricultural lending firm, said it expects food price increases beyond 2024 to stabilize around pre-pandemic lev.... More »
July 23 Update: Receive a $100 Visa card for stays in London, ON., 3,000 bonus points when you stay with your pets at IHG Hotels & 20x PC Optimum points this weekend Jul 23rd
Here's your Rewards Canada Daily update! Your daily dose (or near daily dose) of loyalty program, credit card and travel news, bonuses, deals and more. On Tuesday we published an article looking at the various tourism board stay offers across Canada and thanks to Rewards Canada reader Ha.... More »
RWRDS Daily Update April 16: Platinum Card International Airline Program now includes Austrian Airlines & Emirates + MORE Apr 16th
The International Airline Program for Platinum Amex cards now includes Austrian, Brussels Airlines & Emirates, new Amex Offers statement credit for Estee Lauder and American Airlines adding free in flight Wi-Fi. Check out today's points & miles updates here:
The post RWRDS Daily Update Apr.... More »
In the High-Skill Visa Lottery, America Loses
– online.wsj.com
The cap on H-1B visas at 85,000 is absurdly low. This year, 172,500 applications were filed.What If My Bank Changes My Credit Card Agreement?
– ratesupermarket.ca
With the recent announcement of a deal on lower credit card fees, we thought it would be the perfect time to cover another contentious issue: what customers should do if their lender introduces credit card agreement changes. I know about this firsthand – I recently received disclosure documents for my MBNA Smart Cash MasterCard.
Although disclosure documents sometimes seem like they’re written by a team of lawyers, it’s still important to read them. Here’s how to decipher what seems like a lot of legal mumbo jumbo, and understand your rights.
What Your Credit Card Lender Needs to Tell You
If a credit card issuer changes any features or any of the terms or conditions of one of their credit cards (including reward structures and earning rates), the issuer has to give consumers the details of these changes in writing at least 30 days before the changes go into effect, says Natasha Nystrom, Media Relations Officer at the Financial Consumer Agency of Canada. “Credit card issuers may provide this information to consumers in writing, or electronically if the consumer consents to receive required information in electronic format rather than as paper documents,” she states in an email to MoneyWise…
Get Huge Rewards With RateSupermarket.ca’s Credit Card Rewards Calculator
– ratesupermarket.ca
The holiday spending season is coming up quick – and if you’re overwhelmed by Christmas costs this year, you’re not alone. A study from Field Agent Canada finds each Canadian can expect to shell out $885 each for gifts, travel and the great roast beast. No wonder shoppers don’t feel festive about their finances this time of year!
Get Ready for the Holiday Rush
Are you prepared for the impending spend free-for-all? While it’s sweet to pay for the holidays in cash, the reality is many turn to credit to make their budgets possible.
Here’s a hot tip for those planning to use their plastic during the holiday rush: make sure your card earns some serious points.
No, we’re not talking brownie points with Santa; the credit card you’re using at this time of year should earn real value, whether in cash back or gas dollars, travel miles, or specialty rewards.
Not sure if your current credit card is up to the task? Check out RateSupermarket.ca’s newest tool: Our Ultimate Rewards Calculator!
Introducing… RateSupermarket…
