Financing a new laptop? Do the math first + MORE Feb 25th

A 0-percent finance deal to buy a new computer is almost too good to pass up for one consumer. But being new to credit, this might not be the best way to go

(Shaun Egan/Getty Images)
NEW YORK, N.Y. – American Express is increasing the interest rate on some of its credit card accounts by an average of 2.5 percentage points.
A spokeswoman for the company declined to say how many of its roughly 42 million cards would be affected. But she said Wednesday that it was a “small percentage” of its customers.
Spokeswoman Elizabeth Crosta said AmEx had been charging a lower interest rate of as much as 3.25 percentage points on its credit cards for customers with similar credit as competitors. She says the interest rate increase was authorized after this analysis.
Customers affected will be notified and will have the option to keep the card at the higher interest rate or cancel their cards.
The new interest rate only affects new purchases and balance transfers.
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A great end to the week with the launch of an exclusive promotion from the FFB Group! News, Tips & Tricks You may recall that back in January we detailed a $100 statement credit on the TD Aeroplan Visa Infinite Card that at first looked open to everyone but then were told it was targeted. Well now it appears that it is open to everyone! Be sure to read my post on this offer and that if you don’t have the TD Aeroplan Infinite Card on how you can get it first year free with 25,000 Aeroplan Miles bonus and then get this $100 credit to boot! Thanks to Paul M for sending this us: I contacted TD regarding the $100 statement credit offer if you spend 100 on an Air Canada flight.  They seem to indicate that it is not a targeted offer and is available to all primary card holders. See below.  The question and response is copied from the td aeroplan community website Question: I found this promotion on a search but it is unclear whether it is available to all TD Aeroplan Visa infinite Card holders or alternately that it is a targeted promotion to some cardholders only…

Feb. 25, 2015: Average rates on new card offers fell Wednesday for the first time in nearly two months, according to the CreditCards.com Weekly Credit Card Rate Report.

Adrian Wyld/CP
Shortly after three o’clock this afternoon, Michael Chong’s Reform Act passed the House of Commons by a vote of 260-17. Even in its amended form, its passage—the Senate must now approve the bill—is worth celebrating. Even if not quite the leap it might’ve been, it is still now a small step toward what might be considered a better Parliament: one in which each of the individuals we elect, not simply the leaders of the various parties, is significant and, as a result, the legislature is a truly robust forum for debate, study and accountability. Of course, there are very many steps left between this and that.
Should the bill receive royal assent, it will be something for this Parliament, our 41st Parliament, to claim credit for. But it will be for the next Parliament to make something of. Which is perhaps fitting because the legacy of this Parliament—its contribution to a more perfect democracy—might depend entirely on whether its gross failings inspire its successor to commit acts of change…