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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Quebec teen, backed by Canadian Space Agency, thinks he found lost Maya city. Scholar not so sure - National Post + MORE May 11th
National PostQuebec teen, backed by Canadian Space Agency, thinks he found lost Maya city. Scholar not so sureNational PostA Quebec teen became an international media sensation this week after his science fair project led to claims that he may have uncovered a Maya ruin hidden in Mexico's Yucat.... More »
November 19 Update: Redeem Alaska Airlines Mileage Plan miles on Icelandair, new Air Canada routes, bonuses galore! + MORE Nov 19th
Once again lots of news and bonuses to bring your way! News, Tips & TricksAs we mentioned earlier this fall, the partnership between Alaska Airlines and Icelandair returned. It started off with only being able to earn miles on each others flights along with reciprocal elite benefits but now yo.... More »
Top 5 Small Business Credit Card Sign Up offers for July - These cards provide the best value out of their welcome bonuses Jul 11th
Here are the Rewards Canada Top 5 Small Business Credit Card Sign Up offers for this month! This is not a 'best' credit card list like our Top Travel Rewards Credit Card rankings but instead a look at cards for small businesses that have very good acquisition (welcome/sign up) offers. As a.... More »
Starbucks Rewards Double Star Days now require activation & save 20% on WestJet flights to/from Alberta and B.C. + MORE Aug 24th
Here's your Rewards Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. If you are a Starbucks Rewards member they have made a slight change to their Double Stars Day. Previously members would earn double stars for simply making purchas.... More »
Bacteria could survive a journey between the Earth and Mars, ISS study shows - CNET + MORE Aug 26th
Bacteria could survive a journey between the Earth and Mars, ISS study shows CNETCould life have started on Mars before coming to Earth? Possibly, new study suggests CBC.caBacteria from Earth can survive in space and could endure the trip to Mars, according to new study &n.... More »
Q&A: Why China’s stock market plunged 8 per cent and the rest of the world shrugged
– canadianbusiness.com
Chinese stocks plunged Monday after the country’s securities regulator rapped three major brokerages for continuing to lend money for stock purchases in violation of rules. As punishment for extending so called “margin trading” contracts, the brokerages are forbidden to offer credit to new customers for three months.
— HOW MUCH DID SHARES FALL?
At one point Monday, the Shanghai Composite Index was down 8.3 per cent. It later trimmed that to a loss of 7.7 per cent. Share prices of brokerages were hardest hit, with some falling by the daily loss limit of 10 per cent. Despite the sharp fall, the Shanghai Composite Index is still up 55 per cent in the past 12 months and up 33 per cent for the past three months.
— WHY DID THE MARKET FALL SO MUCH?
Investors and analysts see the penalties against the brokerages as foreshadowing more curbs on credit-financed trading by China’s government. Authorities want to stop the stock market’s boom over the past year from turning into a bubble that could damage the broader economy…
— HOW MUCH DID SHARES FALL?
At one point Monday, the Shanghai Composite Index was down 8.3 per cent. It later trimmed that to a loss of 7.7 per cent. Share prices of brokerages were hardest hit, with some falling by the daily loss limit of 10 per cent. Despite the sharp fall, the Shanghai Composite Index is still up 55 per cent in the past 12 months and up 33 per cent for the past three months.
— WHY DID THE MARKET FALL SO MUCH?
Investors and analysts see the penalties against the brokerages as foreshadowing more curbs on credit-financed trading by China’s government. Authorities want to stop the stock market’s boom over the past year from turning into a bubble that could damage the broader economy…
Desjardins and Best Buy Announce Credit Card Partnership
– ratesupermarket.ca
After cutting its ties with Chase Bank, Best Buy recently announced that its private-label credit card portfolios will now be managed by Desjardins Group. The move also applies to Future Shop, a subsidiary of Best Buy.
The Chase-managed Best Buy Reward Zone Visa will be deactivated at the end of February and the new Best Buy-Desjardins partnership will take effect on April 15.
No New Rewards Offerings
The new Best Buy and Future Shop private label cards will not offer reward programs. “Their main purpose is to offer financing options on purchases,” says Philip Ward, managing director of commercial business development for Desjardins Card and Payment Services. Ward says the benefit to customers using the cards is unique.
“Customers shopping at these stores will be able to take advantage of Desjardins’ Accord D financing solution,” Ward explains. “Accord D financing is a second credit limit, that does not affect the current one, that carries a different interest rate on a Desjardins card…
The Best Secured Credit Cards of 2015
– canadianfinanceblog.com
A secured credit card is one that might require that you provide funds to guarantee the loan. Remember, a credit card is a loan, and if you have no credit, or bad credit, issuers might be reluctant to issue you a card. This is where a secured credit card comes in.If you are willing to provide a security deposit as collateral, you can receive a credit card. If you make your payments on time, and if you show good habits, you will build your credit to the point at which it is possible to get an unsecured card. You will get your security deposit back, and you can use a “regular” credit card.
Home Trust Secured Visa Card – Even if you have had problems in the past, the Home Trust Secured Visa Card can help you. There is a minimum deposit requirement of $500, but you can provide as much as $10,000 for your collateral. Your credit limit is based on your deposit. You get your entire deposit back if you close your account and pay the full balance owed.
This secured credit card comes with an annual fee of $59, or you can choose to pay a monthly fee of $5 (adding up to $60 over the year)…
Scotiabank Gold American Express Card Review
– RewardsCanada.ca
(This feature is a duplicate from the main the Rewards Canada site) Launched in September of 2012 the Scotiabank Gold American Express Card is now veteran of our loyalty credit card market. It was the first American Express card issued by a bank other than Amex Bank of Canada since CIBC tried the partnership in 2002. Now that the card has been around for over two years we figured it was time to give it a review since this partnership between Scotiabank and American Express has lasted longer than the CIBC effort and it appears that it isn’t going away soon. OverviewThe Scotiabank Gold American Express Card is the middle of a suite of three American Express cards issued by Scotiabank and is by far the most popular version of the trio. When launched they took hints of their Momentum Visa Infinite Cash Back card which has some very high category spend bonuses and applied them these suite of cards. Depending on how you use the card it can be give you a return of 1% to as high as 4% on travel rewards…
