Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
Making sense of the markets this week: July 31 Jul 30th
Kyle Prevost, editor of Million Dollar Journey and founder of the Canadian Financial Summit, shares financial headlines and offers context for Canadian investors.
With earnings season in full swing, there’s a lot to catch up on this week, as we try to make sense of the markets that defy being d.... More »
This mortgage loophole puts us at risk Jun 28th
If the Canadian housing market were to crash it would be catastrophic. At least, that’s the synopsis of the latest Moody’s Investors Service report.
According to their analysis the six big banks would lose nearly $12 billion while CMHC and other mortgage insurers would be on the hook for as muc.... More »
How To Get The Best Home Insurance Quote in Canada Nov 27th
Unlike car insurance, in Canada, there is no legal requirement to have homeowners insurance. But that doesn’t mean you should go without it. Find out why you need insurance and how to get the best homeowners insurance quotes in Canada.
Why Do Homeowners Need Insurance in Canada?
Although not legal.... More »
Interest rates: From lower for longer, to low for no longer + MORE Jun 14th
Carolyn Wilkins. (Photograph by Erin Schaff)
Inflation is coming.
Ha-ha! You don’t believe me, do you? I can hardly blame you. Economists used to talk about prices as if they were barely domesticated animals: loosen the tether, and they will will take off on you. Those economists now look like fo.... More »
Watch: What is the mortgage stress test? Mar 3rd
If you’ve purchased a home in the last several years, or plan to buy one soon, there’s a good chance you’ve heard about the mortgage stress test. Since 2018, the stress test has served as a set of rules banks and lenders use to determine if you qualify for the mortgage you want. It’s possibl.... More »
5 Holiday Rewards Credit Card Hacks to Try This Season
– ratesupermarket.ca
When it comes to holiday spending, one in four Canadians tend to pay with a credit card (according to a 2013 RBC report) and half of Canadians carry four or more rewards cards. Sound like you? If you plan on using your credit card this holiday season, make sure it’s working harder for you, with some creative techniques to reap the maximum benefits – all while saving you money and amping up your rewards earnings.
Here are 5 credit card rewards hacks for smart cardholders to try this holiday season.
1. Maximize Your Earning Potential
Prep for the holiday season now by earning as many points and miles as you can ahead of peak spending season. Look for bonus offers on gas, groceries, liquor and other items. Sign up for survey programs, such as Air Miles Opinions by Research Now, where just a few minutes spent answering online questionnaires can earn you extra rewards with no purchase required. Each extra point and mile earned can add up to big redemption potential, helping you save money on holiday purchases…
