Standard & Poor’s settles with the government, 2 states over ratings on mortgage bonds + MORE Jan 21st

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New record high welcome bonuses on Tangerine Mastercards - 15% cash back for the first 2 months + MORE Oct 7th

 Tangerine just launched what could be considered the bigger cash back bonus ever - percent wise that is!   Both the Tangerine Money-Back Credit Card and the Tangerine World Mastercard have now eclipsed the world of 10% cash back welcome bonuses and have gone for the gusto with an awe.... More »
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How do credit card payment deferrals work during COVID-19? + MORE Apr 17th

If you’re dreading your credit card bill, you’re not alone. According to the Bank of Canada, 30% of us carry a balance from month to month, accruing interest, on average, at an eye-watering 19.99%. Simply put, we’re in the red, with an average of $23,800 per Canadian owing on credit cards, lin.... More »
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The Best Aeroplan Credit Cards of 2016 + MORE Jul 12th

Over the years, Aeroplan has evolved into a broad rewards coalition, although it is still mainly associated with travel miles. Aeroplan credit cards allow you to find ways to earn rewards on a number of items, from food to hardware to travel. Most people still associate Aeroplan with air travel rewa.... More »
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How to transfer reward points to airlines + MORE Mar 21st

If you have general reward points through a credit card, it's a simple process to transfer them to a partner airline for a free flight.... More »

American Express Cobalt Card: Earn up to 30,000 bonus points + transfer points 1:1 to Aeroplan Nov 6th

This card needs no introduction if you are a RWRDS Canada regular, however we continue to see a lot of new visitors to the site each and every month. So we want to present to those new readers the best credit card in Canada and the one we believe should be in every Canadian’s wallet. […].... More »
Preserve your authorized user credit history when applying for your own card. Once approved, you can then safely remove yourself from the shared account

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NEW YORK, N.Y. – The credit ratings agency Standard & Poor’s agreed to pay the U.S. government and two states $77 million to settle investigations into mortgage-backed securities.
In its first enforcement action against a major rating agency, the Securities and Exchange Commission accused S&P of fraudulent misconduct in its ratings of some mortgage-backed securities from 2011 to 2014.
It’s likely the first of a number of settlements between the ratings agency and regulators. The Justice Department and attorney generals from other states filed civil lawsuits against S&P last year.
Under the terms of the settlement announced Wednesday, S&P will pay more than $58 million to the Securities and Exchange Commission, $12 million to New York and $7 million to Massachusetts.
Standard & Poor’s Ratings Services, a division of McGraw Hill Financial, also agreed to take a “time out” from issuing rating on certain types of mortgage-backed securities for a year, according to a statement from the company…

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Jan 20 Update: Update to the TD Visa $100 Statement Credit offer, WestJet sale on their new routes, new bonus for joining Asia MilesToday is a bit quieter than yesterday! Primarily bonuses to pass along to you. News, Tips & TricksWe updated our post on the TD Aeroplan Visa Infinite $100 Statement Credit offer for Air Canada purchases as it is a targeted offer that is not available to everyone. Read the update here. And our tip of the day is this post from yesterday: Reminder: Always register for promotions as soon as you learn about themTravel DealsYesterday we let know about all the new routes that WestJet is introducing in the coming months and for a limited they have some great sale fares for trying them out! Some of these need to be booked today while the Houston route has to be booked by the 26th. Find out more here.In the bonus offers section there is a new sign up bonus for Cathay Pacific’s Asia Miles, the offer is small but should be taken advantage of if you are not a member yet and plan on flying Cathay Pacific before the end of May. Bonus Offers airAsia BIG (on FrequentFlyerBonuses.com only) – Earn up to Triple BIG Points when you stay at Hilton Hotels and Resorts Worldwide…

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