How to go about securing the best rate and plan for your credit card in Canada.
Latest News
For tip-earning employees, credit card surcharges may beat alternative May 23rd
Credit card surcharges are complicated and may irritate customers. While that could hurt the tips of the merchant's employees, it may be better for them than one alternative.... More »
RWRDS Daily Update – October 18 + MORE Oct 19th
Here’s your Rewards Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. Marriott Bonvoy cuts transfer bonuses for three airlines Marriott Bonvoy continues with more modifications to their program. The latest comes in the points to miles.... More »
Desjardins instituting credit card spending caps and are shifting some merchants out of accelerated earn categories Oct 27th
As reported by Milesopedia there are some negative changes coming to the Desjardins BONUS DOLLARS program. As of January 1, 2024 they will be putting annual spending caps in place for select accelerated earn rate categories on all of their rewards card offerings. Some of the cards accelerated catego.... More »
This Week in RWRDS April 11, 2025: 43 Million Points….. Gone! Apr 12th
This week we discuss how a PC Optimum member has lost 43 million points, check out the Ultimate High End Traveller Credit Card portfolio, look at a WestJet points bonus for using your companion voucher and much more in our weekly credit card and loyalty rewards newscast! Watch This Week in RWRDS her.... More »
The best rewards credit cards in Canada for 2024 + MORE Nov 16th
Credit card comparison tool
Compare your options with our interactive tool and filter credit cards based on rewards value, annual fees, income requirements and more.
<script src="https://www.ratehub.ca/scripts/rh-widget-loader.js" rh-aff-id="780" rh-initial-reward-type=&.... More »
Ottawa should consider steps to cool mortgage borrowing
– moneysense.ca
OTTAWA – The federal government may want to consider targeted steps to “lean against” the shift toward significantly bigger mortgages, a new report by the C.D. Howe Institute suggests.
But it cautioned against any broad measures such as raising the minimum down payment for all borrowers.
The report said there are several pockets of risk in the housing market, including risk faced by low-income Canadians, younger Canadians and buyers in some of the hottest markets.
“Household mortgage debt has risen dramatically and traditional economy-wide averages understate the degree of financial risk for those that carried mortgages because they typically divide the value of mortgages across the income of households with and without mortgages,” report-co-author Craig Alexander said Wednesday.
Alexander and his co-author, Paul Jacobson, suggested the steps that could be considered included raising required credit scores, capping total debt-service ratios at lower levels, increasing qualifying interest rates or varying the minimum down payment by the size of the mortgage…
But it cautioned against any broad measures such as raising the minimum down payment for all borrowers.
The report said there are several pockets of risk in the housing market, including risk faced by low-income Canadians, younger Canadians and buyers in some of the hottest markets.
“Household mortgage debt has risen dramatically and traditional economy-wide averages understate the degree of financial risk for those that carried mortgages because they typically divide the value of mortgages across the income of households with and without mortgages,” report-co-author Craig Alexander said Wednesday.
Alexander and his co-author, Paul Jacobson, suggested the steps that could be considered included raising required credit scores, capping total debt-service ratios at lower levels, increasing qualifying interest rates or varying the minimum down payment by the size of the mortgage…
It's Too Easy for Terrorists
– online.wsj.com
A program that lets people from 38 countries visit the U.S. without a visa needs better security measures.The Best Things to Buy In December
– ratesupermarket.ca
December is that time of year when mall parking lots get crowded and you spend hours frantically looking for the perfect gift. But luckily, it’s also a time of great deals on a wide spectrum of products. Retailers are competing over consumers’ holiday dollars and they’re offering sales on items that are in high demand in order to get you in the store.
While there will be some great deals mid-month, the best deals will likely come on Boxing Day and the week after Christmas. Here are the things you should be buying this month.
Also read: The Best Credit Cards to Use on Spending Holidays>
Toys
Not surprisingly, December is the best time of the year to buy toys. Every retailer will be offering great deals on popular products to get you in the door. Take advantage of this by shopping around. You might be able to save big if you go to a few different locations and buy the heavily discounted toys that each store is advertising. Expect big discounts on Christmas themed toys after the holidays…
Rate survey: Average card rates rise to 14.98 percent
– creditcards.com
Dec. 9, 2015: A Interest rates on new credit card offers rose this week for the first time in almost two months, according to the CreditCards.com Weekly Credit Card Rate Report
Go from good to excellent credit with first (and only) card
– creditcards.com
Employing good credit habits early paves the way for a great credit score
