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?
Latest News
How far can I go over my credit limit before my card gets declined? Apr 9th
There's no magic formula to guess when a transaction on a maxed-out card will go through, but if it does, it may impact credit limit, monthly minimum payments and/or even credit score.... More »
What do I do if my credit card rewards are stolen? + MORE Feb 13th
Thieves don't just target your credit line, but they can also get to your rewards. Take some safety precautions to make sure you don't lose what you've earned.... More »
Scientists Discover Bizarre Signals Coming From Ice in Antarctica - Yahoo + MORE Jun 15th
Scientists Discover Bizarre Signals Coming From Ice in Antarctica YahooView Full Coverage on Google News.... More »
The BMO AIR MILES Mastercards are due for another revamp + MORE Jun 15th
In light of the recent news of Sobeys et al. moving from AIR MILES to Scene+ and my updating of the Rewards Canada review of the BMO AIR MILES World Elite Mastercard it became very apparent to me that BMO is going to have to revamp their portfolio of AIR MILES co-brand credit cards. In this post we'.... More »
3 immigrants share how they achieved credit scores over 750 + MORE Oct 10th
Immigrants can achieve high credit scores in the U.S., even though our system is confusing.... More »
October 20 Update: Transfer Aeroplan Miles for 1.5 cents, Save up to 30% on Fairmont stays, lots of global bonuses!
– RewardsCanada.ca
News, Tips & Tricks Aeroplan has lowered the price for transferring miles until November 1st. The usual price is 2 cents per mile but right now you can transfer for 1.5 cents per mile. Not a great deal either way but if someone you know may be shy 5,000 or 10,000 miles of a very valuable award it can be worth it to transfer miles over. Just do you math before hand if you are thinking about transferring miles. Find out more here. In case voting yesterday in the election wasn’t enough for you, you can vote for your favourite travel rewards credit card! Over 5,000 people have voted and we would love to hear from you if you haven’t voted yet. Vote here! Posts since our last update: Introducing the new updates to the Capital One® Aspire Travel™ World Elite MasterCard® Way back in February we had detailed the launch of the Capital One® Aspire Travel™ World Elite MasterCard® which replaced… Travel Deals Fairmont Hotel’s Moments offer has been updated again…Emancipated 17-year-old rejected for credit
– creditcards.com
She can live independently, but banks won’t issue her a card
The Best Canadian Credit Cards of 2015
– ratesupermarket.ca
RateSupermarket.ca’s Annual Credit Card Ranking Gets Straight to the Point
What offers the best value: a mile, a point, or cash back? Are annual fees worth it? How can a promotional interest rate help pay off a lingering balance?
These are some of the most common questions posed by Canadian credit card shoppers – but when it comes to choosing a card, it’s not always clear which are top performers.
RateSupermarket.ca, Canada’s comprehensive financial rates comparison site, has taken the guesswork out of picking your plastic with the 2015 Best of Finance Awards, a ranking of the hardest-working credit cards and banking products in Canada.
“It can be tricky to assess whether a credit card will help or harm your bottom line over the long run,” says Penelope Graham, Editor at RateSupermarket.ca. “Plush signup bonuses and promised freebies may appear to provide great value, but it’s important to choose a card with features that practically fit your personal spending habits…
Introducing the new updates to the Capital One® Aspire Travel™ World Elite MasterCard®
– RewardsCanada.ca
Way back in February we had detailed the launch of the Capital One® Aspire Travel™ World Elite MasterCard® which replaced the World only version. Looking at numbers alone, the new card was technically a slight downgrade from the original version. Well we are proud to announce that Capital One® has updated the card and once again made it, one of the best cards Canada! There are four changes to card with the biggest being the massive new sign up bonus!Here are the changes:Sign up bonus goes from 10,000 Miles with first purchase to 40,000 Miles when you spend $1,000 on net purchases in the first 3 months after account opening – a value of $400 in travelAnnual fee jumps from $120 to $150 however supplementary cards remain freeInterest rate goes from Prime +16.8% to an annual 19.8%.And finally what we revealed back on October 7th, the elimination of the tiered redemption up to $600. Now miles are redeemed at 100 Miles for a $1 credit for travel booked with any provided no matter what the cost of the travel is…
