Self-employed face tougher rules when buying homes + MORE Jul 24th

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RWRDS Daily Update Feb 11: AIR MILES Bonus Miles Flash Offer for using multiple Card Linked offers + MORE Feb 11th

AIR MILES Bonus Miles Flash Offer for using multiple Card Linked offers and a clarification for the 30% bonus on Amex Flexible Points Travel redemptions. Check out today's points & miles updates here: The post RWRDS Daily Update Feb 11: AIR MILES Bonus Miles Flash Offer for using multiple Card .... More »

Earn up to 7x points with select retailers via the Aeroplan eStore during their Valentine's Day event + MORE Jan 31st

 Air Canada Aeroplan is running a Valentine's Day event where you can earn up to 7x points for shopping online at select retailers via Aeroplan's eStore. This offer runs until February 14 with retailers like The Body Shop at 6x points, Little Burgundy at 4x points and Sephora offering 7x poin.... More »

Small Business Credit Profile: Valeria Fine Jewelry + MORE Aug 23rd

Valeria Fine Jewelry owner Lucas Horton explains how he learned from past credit card mistakes and how he leverages business cards to earn hundreds of dollars in cash back every year..... More »
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Top 5 Credit Card Sign Up offers for April - These cards provide the most value out of their welcome bonuses Apr 6th

 Here are the Rewards Canada Top 5 Travel Credit Card Sign Up offers for the month of April 2021! 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 (welcome/sign up) offers. As always when choosin.... More »

Millennials, now house-hungry, struggle to build credit Aug 1st

Late to homebuying but eager, millennials look for quick, creative credit score cures.... More »
As intrepid travelers know well, few trips go perfectly as planned. That’s when your credit card can come to the rescue.

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Low and mismanaged credit can be bumped up by taking these three credit card actions

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NEW YORK, N.Y. – FIFA sponsor Visa Inc. called Thursday for an independent commission to be formed to clean up world soccer’s scandal-ridden governing body.
The credit card company joined fellow sponsor Coca-Cola in asking for the commission to consist of “impartial leaders” to ensure the reforms are credible.
FIFA is reeling from the indictment of 14 people — including two now-ousted vice-presidents who were arrested in Zurich — in an American investigation into alleged racketeering, bribery and money laundering in soccer.
Visa CEO Charles Scharf said on the company’s quarterly earnings call Thursday that FIFA’s responses to the scandal “are wholly inadequate and continue to show its lack of awareness of the seriousness of the changes which are needed.”
He said the company believes no meaningful progress can be made under FIFA’s existing leadership.
“We view the stewardship of our company, our brands and our clients with the utmost importance and try to hold ourselves to the highest standards,” Scharf said…

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TORONTO – Cameron Klem, a business owner in the construction industry, is looking to sell his home in Edmonton and buy a new one closer to the school his fiancee, a teacher, has been transferred to.
But despite a solid credit score, “huge revenue” and having been in business for seven years, Klem is having trouble securing a mortgage.
“It’s a pain,” says Klem. “It makes me ask myself if being self-employed is even really worth it when you have to go through this much trouble.”
Experts say lenders have become more stringent when it comes to providing mortgages to the self-employed, which could leave business owners shelling out more money to the taxman in order to prove their incomes.
The worst thing about being self-employed »

“Rule changes over the past six or seven years have dramatically limited the ability of self-employed people to get mortgages,” says Chad Oyhenart, a Vancouver-based mortgage broker at Dominion Lending Centres.
“It’s become quite a bit tougher on them…

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