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
Planning through salary swings + MORE Oct 19th
Q: My income fluctuates quite widely from year to year. How do I plan for this and how do I handle the tax implications of such income swings?
—David
A: Yours is the challenge of many a commissioned salesperson or business owner, David. The thought of a stable salary and defined benefit pension.... More »
Ends soon: CIBC Dividend® Visa Infinite* Card – 10% cash back up to $300 and a first year annual fee rebate + MORE Aug 8th
The CIBC Dividend® Visa Infinite* Card’s boosted welcome bonus that provides up to $300 cash back will be ending very soon. The bonus cash back rate of 10% is awarded on up to $3,000 in spending in the first four statement periods. RWRDS Canada considers the CIBC Dividend Visa Infinite a.... More »
Aeroplan Availability Alert: Lie flat business class between Vancouver & Halifax for this summer + MORE Jul 4th
Air Canada has upgraded one of their two daily flights between Vancouver and Halifax to an internationally configured Boeing 787-9 aircraft with lie flat business class seats. With the addition of this widebody aircraft has come a lot of Aeroplan award availability! There are days we see 2, 4 or eve.... More »
Credit card bonus categories: What's ahead for 2019 + MORE Nov 30th
Two of the most popular cash back cards offer 5 percent bonus categories that rotate every quarter. With the calendar soon to roll over into 2019, it's a great time to re-examine them..... More »
EMV FAQ 2: Do I need a PIN for my EMV credit card? + MORE Apr 16th
New credit cards containing secure computer chips are being rolled out in the U.S. These EMV cards are sometimes called chip-and-PIN cards, which is confusing because you probably won't actually use a PIN like they do in other countries.... More »
With Costco and AmEx splitting, don’t rush to switch cards
– creditcards.com
Costco will be ending its exclusive relationship with American Express. But there’s no need to drop the Costco AmEx card right away. Wait to see what new cash-back deals shake out
Air Miles accumulation changes at Shell for gas purchases and tips on how to get around the downgrade!
– RewardsCanada.ca
Today we welcome Rewards Canada’s newest contributor, Bill W! Bill is a true road warrior, his work has him driving and flying across Western and Central Canada every week while staying in a variety hotels from a variety of chains. Bill has been reading, following and even giving Rewards Canada tips and updates for a very long time so it is only natural to have him come on board and have him share his insights into the world of Travel Rewards! Today Bill shares with us the details of the recent change in Air Miles Reward Miles accumulation at Shell stations in Canada and tips on how to combat this change to earn more miles on your gas purchases.Shell recently and quietly changed the Air Miles collection guidelines when filling up with gas. The old earn rate was 1 Air Miles Reward Mile for the first $20.00, then 1 mile for each $30.00 thereafter in the same transaction. As a result, a fill-up of $80.00 would result in an award of 3 Air Miles. That has now changed. The new parameters are with a minimum 15 litre fill, you will receive 1 Air Mile…Scotiabank Gold American Express Card 20,000 Points + First Year Free to end on Feb 28th
– RewardsCanada.ca
We just learned that a card featured in our top 5 sign up bonuses for February will be ending in four days! The Scotiabank Gold American Express Card will be reverting back to its standard 15,000 Point bonus with an annual feee as of March 1st. If you have not jumped on this card yet now is the time to do so as you’ll get 20,000 points when you reach $1,000 in spending in the first three months. That 20,000 points is equal to a $200 travel credit and since this card is a book anywhere card you can book the travel how you want when you want and when the charge shows up on your account you can redeem the points against the charge. The card normally has a $99 annual fee but of course that is waived in the first year as long as you apply by February 28th. You can apply for the card here or read our review of the card first to see if it is right for you!
Arizona House approves bill granting energy tax credits and exemptions for Apple data centre
– canadianbusiness.com
PHOENIX – The Arizona Legislature wants to help Apple Inc. by extending renewable energy tax credits and exemptions to cover the 1.3-million-square-foot data centre it plans to open in the Phoenix suburb of Mesa.
The House approved a bill Tuesday that expands a $5 million sales tax credit passed last year to include international operations centres that make a capital investment of $1.25 billion, such as the facility Apple plans to build next year.
The House swiftly debated the bill and passed it 57-3 after amending it to match the Senate version. That will allow a speedy trip to the governor’s desk when the Senate acts. Two Republicans and one Democrat voted against the bill.
To qualify for the sales tax credit, Cupertino, California-based Apple would have to invest at least $100 million in new renewable energy facilities and use some portion of that energy to power its data centre.
The bill by Sen. Bob Worsley, R-Mesa, also exempts Apple’s facility from sales taxes on electricity or natural gas, resulting in a $1…
The House approved a bill Tuesday that expands a $5 million sales tax credit passed last year to include international operations centres that make a capital investment of $1.25 billion, such as the facility Apple plans to build next year.
The House swiftly debated the bill and passed it 57-3 after amending it to match the Senate version. That will allow a speedy trip to the governor’s desk when the Senate acts. Two Republicans and one Democrat voted against the bill.
To qualify for the sales tax credit, Cupertino, California-based Apple would have to invest at least $100 million in new renewable energy facilities and use some portion of that energy to power its data centre.
The bill by Sen. Bob Worsley, R-Mesa, also exempts Apple’s facility from sales taxes on electricity or natural gas, resulting in a $1…
Want a lower credit card rate?
– moneysense.ca
Think your credit-card interest rate is carved in stone? Think again. A new survey by CreditCard.com found that 65% of those who ask for a lower rate, get it. If you have an account in good standing, a request for a lower rate is often approved, says Debbie Gillis of K3C Credit Counselling in Kingston, Ont. “I also recommend that if someone’s interest rate increased due to late payments, they ask the credit card company to consider returning to the previous interest rate after six months of consistent payments.” As for having a fee reversed, there’s no harm in asking. The worst that can happen is they’ll just say no.
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