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?
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Limited time left to apply for the BMO AIR MILES World Elite Mastercard and receive up to 3,000 bonus miles and a companion flight rebate! Mar 18th
One of the more popular cards on Rewards Canada right now is the BMO AIR MILES World Elite Mastercard. There are several reasons as to why this is the case: Up to a 3,000 bonus AIR MILES Reward Mile welcome bonus (1,000 on first purchase, 2,000 more when you spend $3,000 within 3 months), the first .... More »
Moneris says debit, credit outages resolved across Canada - CTV News + MORE Sep 23rd
Moneris says debit, credit outages resolved across Canada CTV NewsMoneris network outage causes widespread disruption of credit, debit payments CBC NewsNetwork outage that affected debit, credit card transactions resolved: Moneris CP24UPDATE: Moneris outage caused pr.... More »
Receive WestJet Rewards Gold Elite Status with one business class flight between Calgary or Toronto and London Gatwick + MORE Sep 25th
WestJet has brought back another fast track elite status offer for trying out their business class cabin on their new Boeing 787 Dreamliners. Similar to the offer we saw this past spring, you just have to take one business class round trip flight between Calgary or Toronto and London Gatwick. You mu.... More »
Should I ask my issuers to reduce my credit limits after my debt is paid off? + MORE Jan 24th
Lower credit limits can hurt your credit score if you continue to carry balances on your cards after paying off your current debts. If you have less available credit, your credit utilization ratio will increase more quickly as you use your cards..... More »
What to do with a windfall + MORE Jul 22nd
Q: I am getting a small windfall soon. The money would pay off the rest of my mortgage which is just under 3%. It would also be enough to pay off my credit card debt, leaving a couple thousand to buy American dollars for my travel account. Should I play it safe and do the above or should I be openi.... More »
Top 5 Credit Card Sign Up offers for June
– RewardsCanada.ca
Here are the Rewards Canada’s Top 5 Credit Card Sign Up offers for the month of June! This is not a ‘best’ credit card list like our Top Travel Rewards Credit Card rankings but instead a look at cards that have very good acquisition offers. As always when choosing a card you should always take other factors into account other than the sign up bonus, but when most of these cards are first year free, they can and do pay off even when not taking into account insurance packages and other non-reward benefits. In fact 4 of 5 cards on this list for June are first year free so you can try them out at no cost and decide later on if the card is right for you. All the while earning the sign up bonus which can be used to subsidize your travels! The only card that isn’t first year free is the Starwood Preferred Guest Credit Card from American Express. It has an annual of $120 but the new sign up bonus of 20,000 Starpoints is worth no less than $400 depending on what you value Starpoints at…
Jun 3 Update: Aeroplan ClassicFlight Rewards become Fixed Mileage Flight Rewards, major changes coming to Etihad Guest, Earn up to $150 WestJet Dollars
– RewardsCanada.ca
Here is your middle of the week update! News, Tips & TricksIf you haven’t been on Aeroplan’s website lately you may not know but a few weeks they changed the name of their ClassicFlight awards to Fixed Mileage Flight Rewards and have kept the Market Fare Flight Rewards. The name change makes sense in terms of explaining what the two offerings are. To go along with the change Aeroplan has created an infographic that explains the differences between the two. The screen shot below is just a part of the infographic, you can view it in its entirety on the Aeroplan site.Etihad Airways announced that changes will be coming to their Guest program as of July 8th. As with any major program overhaul there is good news and bad news. We aren’t going to look at indepthly but here are some highlights (or lowlights) mileage earning is increasing in four fare classes but also decreasing in two fare class, they are increasing the number of GuestSeats in Business Class by 20% (lowest award booking level) on some of their busy routes (Toronto is not one of them), carrier surcharges are being added to all GuestSeat rewards (ranging from $50 to $150 per sector), the number of miles required for GuestSeat rewards are changing…Rate survey: Average card rates don’t budge
– creditcards.com
June 3, 2015: Average rates on new credit card offers remained unchanged Wednesday, according to the CreditCards.com Weekly Credit Card Rate Report.
Canada: A top destination for tourists
– moneysense.ca
(Oleksiy Maksymenko/Getty Images)Where do international travellers want to go? According to a MasterCard’s new Global Destinations Index three Canadian cities made the top 10 list when it comes to popular North American destinations.
Beating out popular tourist locations of Boston, Chicago, San Francisco and Washington, D.C. were Toronto (in fourth place), Vancouver (in fifth place) and Montreal (in eighth place). The ranking is based on the number of international overnight visitors the city sees and how much they spend.
In 2015, Toronto had 4.18 million international overnight visitors who spent US$2.4 billion. Vancouver had 3.76 million international visitors who spent US$2.7 billion. Montreal saw 2.12 million international visitors who spent a total of US$1.2 billion in the city.
Toronto, Vancouver and Montreal also ranked among North America’s top 10 fastest growing destination cities over the seven-year period between 2009 and 2015 that MasterCard has been compiling the Index…
