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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Video: 5 ways to score rewards for wedding costs + MORE May 26th
Wedding costs can take a big bite out of your bank account, but if you use your credit cards wisely, you can score big rewards to help offset the cost and pay for the honeymoon.... More »
April 13 Update: 25 Free AIR MILES, 100 Free ConnectMiles and save 50% on a second room with Starwood in EMEA + MORE Apr 13th
You can get 25 Free AIR MILES Reward Miles for subscribing to Lowes emails! Find out more here. (Bonus Miles will not be awarded to residents in Nova Scotia, New Brunswick, PEI, Newfoundland and Labrador)And speaking of free miles, over on FFB we detailed how you can get 100 Free Copa ConnectMiles -.... More »
This Week in RWRDS January 17, 2025: Win a trip for 2 to Tokyo & an up to 85,000 Aeroplan Points bonus + MORE Jan 18th
This week we look at an increased welcome bonus on the TD Aeroplan Visa Infinite Privilege Card, Air France KLM Flying Blue’s devaluation, a contest to win a trip for 2 to Tokyo and much more in our weekly credit card and loyalty rewards newscast! Watch This Week in RWRDS here: Listen to This .... More »
March 14 Update: New offer on the table for Starwood hotels, will Marriott lose out? New WestJet Routes and a couple of AIR MILES bonus + MORE Mar 14th
Potentially exciting news in the hotel world... News, Tips & Tricks Looks likes there may be a challenger in the Marriott takeover of Starwood Hotels. News has come out today that there is another offer on the table from a Chinese bidder for Starwood. It is too early to tell what will happen.... More »
BMO will cap the AIR MILES Mastercard's new 2x grocery earn rate + MORE Jul 19th
Last week it was announced the BMO AIR MILES Mastercards will be receiving a full time grocery store purchase accelerator in light of AIR MILES losing the Empire group of stores as a partner. The news revealed the co-brand cards will earn 2x AIR MILES Reward Miles on purchases at all grocery s.... More »
Canada needs a stand-alone agency to deal with asset-price bubbles
– canadianbusiness.com
(Dmitri Otis/Getty)One of Bank of Canada Governor Stephen Poloz’s deputies spoke about housing this week. Lawrence Schembri was disarmingly calm while tackling a subject that can easily lead to hysterics. There was no mention of bubbles or irrational exuberance, suggesting the central bank continues to believe that the situation is under control.
There are those who think otherwise. But Schembri’s speech showed that the Bank of Canada remains more concerned about the 18% plunge in Canadian commodity prices this year than the 10% jump in the average national resale price of homes since 2013.
Here’s one reason why:
(Bank of Canada)
The red line is the annualized growth rate of household credit since 2007. The dark vertical lines represent the imposition of measures meant to dissuade riskier borrowers from buying homes, such as the narrowing of the amortization period for an insured mortgage to 25 years from 40 years.
When you hear economists and central bankers talk about “macroprudential policy,” this is what they are talking about…
August 27 Update: First Year Free on National Bank World Elite MasterCard, $250 Gift Card offer from Rewards Canada, Etihad 96hr sale
– RewardsCanada.ca
As the end of the month approaches there isn’t much news to pass along and this is especially typical at the end of Summer. However September is always a crazy month! We already know of two credit cards that will have increased sign up bonuses, the launch of a new suite of co-branded credits cards and we’re guessing there will be even more news over the next few weeks. News, Tips & Tricks Don’t forget about our promotion where you can get a $250 Gift Card from Rewards Canada. Find out more here. Sometime ago we brought you the details of National Bank of Canada’s World Elite MasterCard which was has strong initial offering but that has now been made even better. The card that comes with a 30,000 point sign up bonus, up to $250 in airine fee coverage now has a first year free offer that waives the $150 annual fee if you apply by October 31st. Find out more here!This change has also been reflected on our comparison charts:Canadian Travel Credit Card Comparison: All Travel Rewards Credit CardsCanadian Travel Credit Card Comparison: Travel Points Credit Cards Posts since our last update:IHG Rewards Club: Double Airline Miles on all IHG stays Worldwide (Sep 1 – Dec 31) So far we have brought you the details IHG Rewards Club latest systemwide promotion called Accelerate…Canada needs an agency to handle real estate bubbles
– moneysense.ca
One of Bank of Canada Governor Stephen Poloz’s deputies spoke about housing this week. Lawrence Schembri was disarmingly calm while tackling a subject that can easily lead to hysterics. There was no mention of bubbles or irrational exuberance, suggesting the central bank continues to believe that the situation is under control.There are those who think otherwise. But Schembri’s speech showed that the Bank of Canada remains more concerned about the 18% plunge in Canadian commodity prices this year than the 10% jump in the average national resale price of homes since 2013.
Here’s one reason why:
The red line is the annualized growth rate of household credit since 2007. The dark vertical lines represent the imposition of measures meant to dissuade riskier borrowers from buying homes, such as the narrowing of the amortization period for an insured mortgage to 25 years from 40 years.
When you hear economists and central bankers talk about “macroprudential policy,” this is what they are talking about…
Credit card advice for a 'debit card kind of guy'
– creditcards.com
Debt and bad money habits are the enemies. Those old store cards? They’re your pals
