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
RBC British Airways Visa Infinite Card limited time bonus of extra Avios on purchases and lowered spend requirement for the companion voucher + MORE Sep 26th
Knowing that travel is curtailed RBC has revealed two new limited time offers/adjustments for those that hold their RBC British Airways Visa Infinite Card. Those are a boost to the earn rate on the card and a lowering of the spend requirement to earn the annual companion voucher.Extra AviosAll.... More »
December 7 Update: 150 Bonus AIR MILES when you buy $150 Sobeys Gift Cards, 50% Bonus Asia Miles for Hotel Point Transfers & American AAdvantage Lowers Redemption Rates out of Canada + MORE Dec 7th
Sobeys and Safeway are offering 150 bonus AIR MILES Reward Miles when you buy $150 in Sobeys Gift Cards. There is a limit of 5 bonus offers per collector. I think I'm definitely going to take advantage of this. I'll buy them on my American Express Cobalt card to earn 5x points and when you add in.... More »
Today only - Earn 10x AIR MILES Reward Miles site wide for online purchases made via AIR MILES Shops + MORE Dec 16th
If you haven't completed all your Christmas shopping yet take a look at getting some of it done today as AIR MILES has brought out a one day flash offer of 10x miles site wide on airmilessshops.ca! As long as your purchase meets the minimum requirement for earning at least 1 AIR MILES Rew.... More »
These credit cards can help you save big on travel to Orlando + MORE Oct 29th
Orlando, Florida, is an expensive destination. A family of four could easily spend $1,000 per day on theme parks alone. It’s no surprise that for many families, visiting the city ends up being a once-in-a-lifetime opportunity. Despite its budget-busting costs, Orlando welcomed a record-breaking 1..... More »
Rate survey: Average card APR doesn’t budge + MORE Jul 21st
July 20, 2016: The average APR on new card offers remained locked in place this week, according to the CreditCards.com Weekly Credit Card Rate Report..... More »
Jan 19 Update: Visa Infinite Privilege adds benefits at YOW, WestJet announces Calgary-Houston service, Etihad Guest is still an Amex transfer partner
– RewardsCanada.ca
A busy Monday to start off the latest week of updates here on Rewards Canada! News, Tips & TricksVisa Infinite Privilege cardholders (RBC, CIBC, TD) now get special airport benefits in Ottawa (YOW). Cardholders can now use a Dedicated VIP Priority Lane entrance at the Domestic/International checkpoint in the airport and also get dedicated parking spots on a first come first serve basis. Cardholders also receive 15% off standard parking rates.WestJet announced some new routes today for flights in Canada and to the U.S.. First WestJet Encore is expanding further out East with new flights between Halifax and Deer Lake, Gander and Sydney Nova Scotia and out west they will add Calgary-Terrace and Edmonton-Abbotsford routes. Additional new summer routes include Halifax to Ottawa and St. Johns as well as Ottawa to Moncton. There will also be new Toronto-Gander service and possibly the biggest and most interesting route out of the announcements is Calgary to Houston starting this September! (Source WestJet)For the next three days you can earn 80 bonus Air Miles when you spend $40 or more at Rexall…Milos Raonic: How I learned to save 90% of my income
– moneysense.ca
(Raina + Wilson)
I approach building good money habits the same away I approach my tennis game: In a slow, disciplined way, with lots of short-term goals that are part of a long-term plan.
My initial lessons on budgeting and saving started when I was just 10 years old. My parents would drive me to tennis tournaments several hundred kilometers away from my home in Thornhill, Ont. They paid for everything, but I handled a lot of the actual transactions. I would swipe their credit card for all purchases on the road—gas, coffees, meals, lessons, and other routine expenses—and those costs quickly added up. I learned that someone needs to pay and I knew one day soon, it would be me.
So in my teens I began to save 90% of all the income I earned from playing. I know that’s a lot, but it was my rainy day savings plan. The day would come when I’d have to start paying for all my competition expenses. As I got older, the day would also come when I’d have to stop playing tennis…
Calmena Energy says key lender seeking to put drilling company into bankruptcy
– canadianbusiness.com
CALGARY – Calmena Energy Services Inc. (TSX:CEZ) said Tuesday its senior lender has applied to put the drilling company into bankruptcy.
The company has been in breach of its debt covenants for several months but was given until Jan. 15 to make its payments.
Calmena said it received formal notice on Monday that its secured lenders would seek to seize Calmena’s assets through the Bankruptcy and Insolvency Act if it’s not paid within 10 days.
The Calgary-based business owes about $16.6 million under its senior credit facilities which are secured by all of its assets in Canada, the United States and Mexico.
Calmena said Monday all five members of its board of directors tendered their resignations, effective at the close of business Jan. 15.
Trading in Calmena shares on the Toronto Stock Exchange have been suspended from trading and the TSX is reviewing the stock’s eligibility for listing. They last traded at half a cent on Friday, giving the company a market value of about $1…
The company has been in breach of its debt covenants for several months but was given until Jan. 15 to make its payments.
Calmena said it received formal notice on Monday that its secured lenders would seek to seize Calmena’s assets through the Bankruptcy and Insolvency Act if it’s not paid within 10 days.
The Calgary-based business owes about $16.6 million under its senior credit facilities which are secured by all of its assets in Canada, the United States and Mexico.
Calmena said Monday all five members of its board of directors tendered their resignations, effective at the close of business Jan. 15.
Trading in Calmena shares on the Toronto Stock Exchange have been suspended from trading and the TSX is reviewing the stock’s eligibility for listing. They last traded at half a cent on Friday, giving the company a market value of about $1…
Reminder: Always register for promotions as soon as you learn about them
– RewardsCanada.ca
For as long as I can remember, well not really, but since mid 2005 when I posted our first ever article on Maximizing the Miles and Points you earn, I have stressed that you should register for each and every promotion right when you become aware of it, even if at the time you may not think you can take advantage of it. I reiterate it time and time again and even in our 2011 update of the Maximize your Miles article.Screenshot from our 2005 articleAnd here is proof of why you should do so. In September 2014 American Express sent out emails to members offering a $100 statement credit when spending $500 or more in a single Fairmont Hotels transaction. I registered for the offer right away (on both my American Express Gold Rewards Card and The Platinum Card from American Express) not knowing if and when I would be able to use the offer since some of my Fairmont stays are below the $500 level for this promotion. Well December rolls around and I still need to get one more stay at Fairmont to earn Platinum Status (via the accelerated offer provided by The Platinum Card from American Express) and we decide as a family to stay at the Fairmont Banff Springs once again just before the New Year…
