All about Canadian credit cards. Learn the ins and outs and get the latest news.
Latest News
Binance Review: Does It Work for Canadians? + MORE Sep 3rd
What Is Binance?
Binance is the world’s largest crypto exchange and a leading blockchain ecosystem. More than 90 million users worldwide buy, trade, and store more than 350 crypto coins through Binance. But the platform has limitations that impact Canadian users, especially if you live in Ontario..... More »
Final days to apply for the MBNA Alaska Airlines & Best Western Mastercards Nov 6th
MBNA is set to shut down four of their co-brand credit cards for new applications at the end of the day on November 7. Those cards are the Alaska Airlines World Elite® Mastercard®, Alaska Airlines Platinum Plus® Mastercard® , mbna Best Western Mastercard® and the Harley-Davidson Mastercard. My .... More »
Can you file multiple years of income taxes together in Canada? + MORE Dec 21st
Tax season is approaching. Soon, more than 30 million Canadians will be filing their tax returns. Most Canadians file their taxes every year but according to a paper from Carleton University, as many as 12% of Canadians don’t, and aside from missing out on tax refunds, this is costing many low inc.... More »
Protesters block main road to Trump rally in Phoenix + MORE Mar 20th
Benjamin Garland, far left, yells out in protest as attendees walk into the Tucson Convention Center for a Donald Trump rally on Saturday, March 19, 2016, in Tucson, Ariz. (Mamta Popat/Arizona Daily Star via AP) MANDATORY CREDIT
PHOENIX – Protesters blocked a main highway leading into the Phoenix .... More »
Earn up to 200,000 welcome bonus points on the American Express Gold and Platinum consumer & business cards! The best offers of the year! + MORE Jul 16th
A friendly reminder of the summer of big bonuses from American Express who have their best offers this year on their Gold and Platinum consumer and business cards! Continuing on through to August 18, 2025 there are elevated welcome bonus offers on the American Express Gold Rewards Card, American E.... More »
The second fastest growing type of debt in Canada is a high-interest, subprime, unsecured, short-term loan called an instalment loan. Marketed to people with bad debts and poor credit, instalment loans carry interest rates as high as 59 per cent. But the true cost can be much higher.
Are Your Borrowing Habits to Blame?
– ratesupermarket.ca
It’s no secret that the bargain-basement cost of borrowing in Canada tempts consumers into taking on more debt; it’s a great time to apply for a mortgage, line of credit, and other types of variable-based loans. But that isn’t stopping most of us from racking up our credit cards – the most expensive debt out there.
Read on for the findings from our recent Debt Denial survey – and what’s potentially to come for mortgage borrowing in Canada.
INFOGRAPHIC: 27.5% of Canadians are in Credit Card Denial
When it comes to understanding our debt, over a quarter of Canadians are getting it wrong. Our Debt Denial study finds the truth about how our credit card balances stack up to the national average – and it isn’t pretty.
Check out our infographic and calculator to see if YOU are in debt denial!
Read Penelope’s Blog | 27.5% of Canadians are in Credit Card Denial
Low Oil Leads to Slower Home Sales: CREA
Sliding oil prices have finally caught up with Canada’s housing market; the latest numbers from Stats Can and the Canadian Real Estate Association find sales activity slowed this month by 3…
Feb 26 Update: New Marriott Rewards points expiration policy, KLM extends Business Class sale, 15 bonuses left in our exclusive promo on FFB!
– RewardsCanada.ca
Here is our final update of the week and for February! News, Tips & Tricks More bad news from Marriott Rewards. They have now announced that they will enforce their point expiry policy. All points will now be forfitted if you don’t have at least qualifying activity action within a 24 month period. What qualifies? Paid stays, Award stays, Marriott Credit Card purchases, earning with program parnters, purchasing points or holding a meeting or event that qualifies. What doesn’t qualify are gifting or transferring points, receiving points as a gift or transfer, earning points through social media actions. This change kicks in on February 1st, 2016 so you have nearly a year to save your points if you haven’t had a qualifying action since January 31, 2014. Is this huge? Not really, most hotel programs do have some sort of account inactivity period as do most airlines but still for those of you who don’t use Marriott Rewards very often your points may disappear if you don’t do anything about it…
