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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May 25 Update: Muir Autograph Collection Halifax will be a Category 6 hotel, discussing unused miles & points plus reduced redemption rates for Amex prepaid cards May 26th
Here's your Rewards Canada Daily update! Your daily dose (or near daily dose) of loyalty program, credit card and travel news, bonuses, deals and more. This update is brought to you by the HSBC World Elite Mastercard which is currently offering a welcome bonus of up to 70,000 bonus points a.... More »
May 22 Update: Netflix will be a 3x points streaming service for Scotia Gold Amex, some cards you should grab now and some you should wait for + MORE May 22nd
Last week we brought you a list of Streaming services that will earn 3x points on the Scotia Gold American Express as of August 1 and we missed Netflix on that list. We can confirm that Netflix is included. Others asked about Google or Amazon Prime and as Davidd418 commented on our post those pr.... More »
2017 Retail Store Card Survey: Customers lured to high interest cards with more rewards + MORE Oct 18th
Retailers are increasing rewards offerings on high-interest co-branded and store-only credit cards, according to a new report from CreditCards.com..... More »
How many credit cards do you need to get a mortgage? + MORE Sep 6th
With just one card you may not be able to get a FICO credit score and qualify for a mortgage, but there are some simple things you can do to build up your credit profile.... More »
Canada’s best credit cards for travel insurance May 24th
These days, nearly all credit cards include some kind of travel insurance. Like purchase protection, it’s an easy add-on to entice customers, but savvy Canadians know that not all insurance is created equal. Most travellers really only need to consider a few kinds of coverage: emergency medical, t.... More »
The crunch years: Where the money goes
– macleans.ca
(The Canadian Press)This story, by Matt McClearn, was first published at MoneySense. Maclean’s will be republishing a series of stories from MoneySense all week for MoneySense Week, a blitz of practical information about your bank account and bottom line during Financial Literacy Month in Canada.
Where does the money go? It’s a question MoneySense hears from readers in all walks and stages of life. Even relatively high income earners are often puzzled to discover there’s little or nothing left over for savings once they’re finished paying the mortgage and utility bills and enjoying an occasional evening at a nice restaurant. The question is particularly pressing for couples in their 30s or 40s with children, who routinely find themselves in a mid-life financial crunch. And while it’s fundamentally important, it’s deceptively difficult to answer.
I would know. That’s because I have an unusual habit: I’ve tracked virtually every cent I’ve earned and spent over the last dozen years…
The crunch years: Where the money goes
– macleans.ca
(The Canadian Press)This story, by Matt McClearn, was first published at MoneySense. Maclean’s will be republishing a series of stories from MoneySense all week for MoneySense Week, a blitz of practical information about your bank account and bottom line during Financial Literacy Month in Canada.
Where does the money go? It’s a question MoneySense hears from readers in all walks and stages of life. Even relatively high income earners are often puzzled to discover there’s little or nothing left over for savings once they’re finished paying the mortgage and utility bills and enjoying an occasional evening at a nice restaurant. The question is particularly pressing for couples in their 30s or 40s with children, who routinely find themselves in a mid-life financial crunch. And while it’s fundamentally important, it’s deceptively difficult to answer.
I would know. That’s because I have an unusual habit: I’ve tracked virtually every cent I’ve earned and spent over the last dozen years…
