All about Canadian credit cards. Learn the ins and outs and get the latest news.
Latest News
How to protect your credit when your spouse starts a business + MORE Apr 30th
You can help your entrepreneurial spouse make sure their startup doesn't jeopardize the family's finances.... More »
Earn 10x points + an additional 10,000 points with the More Rewards Pile Up The Points Event May 14th
For the next week More Rewards members can earn 10x points for shopping with most More Rewards partners and if you shop at 3 or more (taking a hint from AIR MILES' Bonus Boom) you'll receive 10,000 bonus points on top of that! The offer started on May 13 and runs until May 19.The participating.... More »
Percentage of credit cards with balances rises + MORE Feb 8th
'Revolvers' increase to a 4-year high.... More »
The Aeroplan saga ends a long, useless financial detour + MORE May 22nd
Aimia, the company which operates the Aeroplan loyalty program, was recently dumped by Air Canada, which will start its own in-house frequent-flier scheme starting in 2020
.... More »
The best Aeroplan credit cards in Canada for 2024 + MORE Sep 25th
Aeroplan is Canada’s largest airline loyalty program—and one of its most lucrative. Owned by Air Canada, Aeroplan offers a ton of flexibility compared to other airline loyalty programs. You can redeem Aeroplan points with more than 50 partner airlines and even transfer points to other programs. .... More »
Mar 19 Update: 5x AIR MILES Reward Miles at Shell (remember our tip to earn more!), Win a 50,000 Mile/Point Package, Starwood Amex Sign Bonus Extended
– RewardsCanada.ca
Big news from our global website! News, Tips & TricksIf you don’t follow our global website FrequentFlyerBonuses.com now is the time to do so! We are celebrating 10 years of providing the world with the best coverage of travel reward program promotions with FFB10, nine months of contests, exclusive promotions and more! We kicked off the celebrations with a contest that features a grand prize of 50,000 Miles and Points from 5 great airline & hotel programs. Be sure to enter today! You can find all the details at frequentflyerbonuses.com/FFB10Don’t forget about Rewards Canada’s exclusive contest with Aeroplan! Simply shop via their online shopping portal eSTORE if you haven’t shopped there since May of last year and not only will you earn 5x Aeroplan Miles on all purchases made via the eSTORE but you’ll also get the chance to win 1 of 4 prizes of 2,500 Aeroplan Miles! To find out more about this exclusive contest visit this post: 5x Miles for shopping via Aeroplan eSTORE if you haven’t shopped in the last year + RC Exclusive – Win 1 of 4 – 2,500 Miles for shopping via eSTOREWe got great news from American Express earlier this week, the 20,000 Starpoint Bonus for the Starwood Preferred Guest Credit Card will not be ending on March 31 as they initially told us at the end of February…Canadians fall deeper into debt
– moneysense.ca
(Mike Kemp/Getty Images)If the Bank of Canada was hoping its low-interest rate policy would encourage spending it can relax—it’s working. Canadians are adding to their debt levels at a dizzying rate.
According to TransUnion’s latest credit trends report, the average consumer debt, excluding mortgages, rose 2.3% in the fourth quarter to $21,428. It’s a sharp reversal from a year earlier when Canadians were paying down their debt faster than they were adding to it. Jason Wang, TransUnion’s director of research in Canada, doesn’t expect this trend to reverse again any time soon given the recent rate cut by the Bank of Canada, which makes borrowing more affordable.
While consumer debt levels are rising nationally, there are a few cities bucking the trend. Consumer debt levels in Calgary and Edmonton fell 0.59% and 0.11% respectively in the latest quarter, although consumers in those cities remain the most indebted in the country. In Calgary the average consumer debt balance, excluding mortgages, is $28,751 while in Edmonton the average consumer owes $24,651…
4 times to go old-school with your finances
– creditcards.com
When organizing your budget or keeping track of credit card bills, technology can get in the way. Here are four situations where old-school pays
