How to use credit cards, wisely + MORE Jan 22nd

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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The Best Small Business Credit Card Welcome Bonus Offers for January 2024 + MORE Jan 9th

Here are the Rewards Canada Top 5 Small Business Credit Card Sign Up offers for January This is not a ‘best’ credit card list like our recently released Top Travel Rewards Credit Card rankings but a look at small business cards that have the best welcome bonus offers. As always when choo.... More »

Poll: Charging cheap items is cool with cardholders Apr 10th

We pay by credit cards for most big buys, and more small ones than ever.... More »
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Moody's downgrades Canadian banks: Beginning of the end for the housing market? - Globalnews.ca + MORE May 11th

Globalnews.caMoody's downgrades Canadian banks: Beginning of the end for the housing market?Globalnews.caMoody's recent downgrade of Canada's largest banks might not have any significant or immediate effects, but experts say it's the latest in a string of headlines that could spo.... More »

AmEx to launch its loyalty program, Plenti, Monday; Enterprise Rent-A-Car to join + MORE May 3rd

NEW YORK, N.Y. – American Express will roll out a new loyalty program, Plenti, on Monday, allowing U.S. shoppers for the first time to earn rewards points through a variety of purchases, from paying a phone bill to filling up at the pump. Unlike other loyalty programs, such as frequent flyer p.... More »

January 10 Update: The new Toronto Plaza Premium lounge has a dedicated area for British Airways, Guide to Business Class Lounge Access updated & one new Amex Offer + MORE Jan 11th

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. Rewards Canada reader David posed a great question a few weeks back about the new Plaza Premium Landmark lounge at Toronto Pearson International.... More »
Telegraph.co.ukMario Draghi suprises markets with bigger trigger than markets expected to …Telegraph.co.uk… • ECB to buy 60bn euros of private and public sector debt from March 2015 to September 2016 • National central banks to assumed 80pc credit risk • Euro plummets on news; equities rise • It's Europe's last throw of the dice but will QE work? • Economics …Will cheap euros save the eurozone?BBC NewsECB Unveils Stimulus to Boost EconomyWall Street JournalDraghi fails to persuade investors he has done enoughFinancial TimesIrish Times -BDliveall 3,355 news articles »

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How to use credit cards, wisely(Shaun Egan/Getty Images)
With some reluctance, I feel compelled to return to the age-old topic of excessive credit-card debt. I do so because lately I’ve had chats with some of my nephews and nieces, all in the age range of 23 to 24. These kids have now all graduated from university or community college, have made a first stab at being in the workforce, and have already racked up what I consider to be excessive credit-card debt.
In one case, this is combined with a hefty student loan. The (single) parent in question may not be loaded but I was nevertheless surprised by the extent of the debt. Same with the young person on the other side of the family, where the parents are doing quite well financially. When I learned he had this debt and was paying only the minimum monthly amount, you can imagine the discussion that ensued.
In fact, I dug into the personal archives to confess that when I was their age (well, late 20s), I too was that close to insolvency. Unlike the situation today, when I was freelance in the 1980s I was single, rented an apartment and had no financial assets to speak of…

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Earning Stories: 540 AIR MILES Rewards Miles for buying Gift Cards at SafewayWelcome to the next post in the Earning Stories series right here on Rewards Canada. For years we have provided you with the details on earning points and miles (both regular earning and bonus opportunities) and these stories show the actual offers in action. Screenshot from Rewards Canada’s Instagram account on Nov 27Back in November and December we shared with you two great AIR MILES Reward Miles earning offers from Safeway. Actually there were more than two great offers from Safeway during the holiday but the two in question here are these posts about the bonus miles for buying gift cards at Safeway.Nov 21: Huge Air Miles Bonuses for Gift Card Purchases at Safeway – 1.1 Reward Miles per $1 spent Nov 21-27Dec 29: Huge Air Miles Bonuses for Gift Card Purchases at Safeway – 1.4 Reward Miles per $1 spent (until Jan 1, 15)Anytime bonuses come up for gift cards you should really consider jumping on the offer if retailers you regularly shop at are included (sometimes Safeway has offers on any gift cards except their own)…

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Telegraph.co.ukMario Draghi suprises markets with bigger trigger than markets expected to …Telegraph.co.uk… • ECB to buy 60bn euros of private and public sector debt from March 2015 to September 2016 • National central banks to assumed 80pc credit risk • Euro plummets on news; equities rise • It's Europe's last throw of the dice but will QE work? • Economics …Will cheap euros save the eurozone?BBC NewsECB Unveils Stimulus to Boost EconomyWall Street JournalDraghi fails to persuade investors he has done enoughFinancial TimesIrish Times -BDliveall 3,355 news articles »

Continue Reading On Telegraph.co.uk »

There’s no one size fits all approach when it comes to combining bank accounts and credit cards. The trick is to be open and honest. As long as your plan works for both of you, you’ll be better in the long run, especially come retirement, explains Ask MoneySense columnist Bruce Sellery on Cityline.

READ: Why I’m not opening a joint bank account with my husband-to-be »
READ: 5 common money mistakes new parents make »
READ: The MoneySense Guide to Love and Money »
The post How couples can combine finances appeared first on MoneySense.

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