How to go about securing the best rate and plan for your credit card in Canada.
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July 25 Update: Canada's Top Cash Back Credit Cards for 2019, join EIA Rewards for a chance to win a trip to Zagreb & more! + MORE Jul 25th
The big news for today is the release of our Top Cash Back Credit Card rankings for 2019! Check out what we picked as the top 5 cards here!Are you from the Edmonton area or fly from or via Edmonton's International Airport? Be sure to join their EIA Rewards program to receive discounts on shopping, .... More »
Know your risk before giving credit card to a relative + MORE Nov 21st
A sister's request to give her a credit card for three months requires close examination, since you'll be on the hook.... More »
This Week in RWRDS January 17, 2025: Win a trip for 2 to Tokyo & an up to 85,000 Aeroplan Points bonus + MORE Jan 18th
This week we look at an increased welcome bonus on the TD Aeroplan Visa Infinite Privilege Card, Air France KLM Flying Blue’s devaluation, a contest to win a trip for 2 to Tokyo and much more in our weekly credit card and loyalty rewards newscast! Watch This Week in RWRDS here: Listen to This .... More »
Can You Afford To Drive For Uber? + MORE Dec 8th
Driving for Uber, the come-and-get-me ride service that’s gutting the taxi industry through its smartphone app, sounds like one of the most attractive side jobs going. You set your own schedule, put in as many hours as you like, and get to talk endlessly about the merits of the gig economy.
Also .... More »
Hotel Review: TownePlace Suites by Marriott Edmonton South + MORE Apr 21st
Volleyball had us back up in Edmonton again and this time we got to try out the brand-new Townplace Suites by Marriott Edmonton South. This hotel is on the very south end of the city at the corner of Ellerslie Road and Gateway Boulevard. The hotel is only opened about 2 1/2 weeks prior to us staying.... More »
Receipt requirements: Law differs from card network rules
– creditcards.com
You don’t legally have to print your business’s full address on customer receipts, but MasterCard and other card networks have more stringent requirements
Do I need to pay mortgage broker fees?
– moneysense.ca
(Getty Images / Nigel Carse)Q: I applied for a mortgage, but at the last minute the broker told me I’d have to pay $1,534 in mortgage broker fees. This was a totally unexpected cost for me. Do I have to pay the fee?
A: Short answer: It depends on the broker agreement you signed.
While this might hurt, you need to take into consideration why.
Mortgage brokers don’t get paid unless a deal closes. That means if you spend four weeks discussing a mortgage deal with a broker and the bank decides to decline the deal—not only will you be left without a mortgage, but your broker will be left without a paycheque.
To avoid this situation, brokers will “qualify” a client—a term used to determine whether or not you’re the type of borrower most banks would consider a “prime client.” Typically, a qualified client is a person who holds a regular, full-time job, has little or at least manageable debt and a credit history that proves he or she consistently pays the bills.
If you’re a “prime client” you shouldn’t expect to pay a fee to your mortgage broker and you will get offered the most competitive mortgage rates available in the market…
Feb 2 Update: Club Sobeys Ontario moves to Air Miles, MileagePlus accumulation changes on Air Canada, Best Western Gift Card offer
– RewardsCanada.ca
A busy start to the week and month here on RC! News, Tips & Tricks The last remaining hold out in the Club Sobeys Aeroplan partnership, Ontario, will be ending soon as Sobeys in this province follows the others by moving to Air Miles. Aeroplan ends on March 26 and to encourage the change Air Miles and Club Sobeys are offering 50 Bonus Air Miles for connecting your Club Sobeys account with your Air Miles account. Find out more here. Last week United MileagePlus announced mileage earning changes for flying on their partner airlines that will take effect on March 1. This is a major change for those of you here in Canada who choose to credit your Air Canada flights to United MileagePlus after defected to the latter program due to all the Aeroplan devaluations. The news is both good and bad. If you fly in premium classes or full fare economy classes you’ll actually earn more miles. However if you fly on discounted economy chances are you’ll earn less miles unless your flights are to the U…
