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
What’s the Difference Between a Loan and a Line of Credit? + MORE Jul 8th
Depending on your financial journey, there may be times when borrowing money makes sense. But what type of credit option you choose will depend on your goals and what you need the money for. Not sure what the difference is between a loan and a line of credit? This breakdown should help.
What Is a Lo.... More »
American Express Cobalt Card: 24 new confirmed multiplier locations + MORE Jan 20th
Here’s our next update to our American Express Cobalt Card Confirmed Multiplier Locations list with 24 new locations being added today from across Canada A big thank you to the RWRDS Canada community for providing details on thousands of locations where you can use the American Express Cobalt Card.... More »
RCMP says free trial scams are fraudulent, but credit card companies make victims pay + MORE Oct 14th
Every week, Marketplace receives dozens of emails from Canadians reporting all kinds of consumer concerns and deceptive schemes. Here's an in-depth look at the one scam that has generated more angry emails than all the rest..... More »
Top 5 Credit Card Sign Up offers for September - These cards provide some of the best value out of their welcome bonuses + MORE Sep 11th
Here are the Rewards Canada Top 5 Credit Card Sign Up offers for the month of September! 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 (sign up) offers. As always when choosing a card you should al.... More »
Why digital and virtual credit cards are safer than the real thing Jul 3rd
One of the biggest fears consumers have is losing a credit card, but a lost card is usually detected quickly and the account frozen. A bigger danger may lie in using your credit card to make payments online—especially if you are unfamiliar with the vendor or using a public Wi-Fi network that can b.... More »
New TD First Class Visa Infinite offer: 40,000 Bonus Points and 50% off first year annual fee
– RewardsCanada.ca
The TD First Class Visa Infinite has a new sign up offer as of this month. Back is the great 40,000 point bonus however it only comes with a 50% rebate on your first year annual fee. As you may or may not be aware this card was devalued on the redemption side when it was announced that travel bookings made outside of Expedia for TD would cost more points as of August 16th however that was further extended to November 15th. The 40,000 bonus points are worth $200 in travel. With a 50% rebate you have to pay $60 in the first year meaning your total sign bonus value is brought down to $140. This pales in comparison to last two offers on the card that had values around $190 and $200.TD First Class Visa Infinite Card• Receive a Welcome Bonus of 20,000 TD Points1 following your first Purchase with the Card • In addition, you could receive another 20,000 TD Points if you keep your Account open, active and in good standing within the first 90 days • 50% 1st Year Annual Fee Rebate (Primary Cardholder only) for the first year – that’s $60 in savings • Offer Valid until Feb 29, 2016 Apply online for the TD First Class Visa Infinite CardRestoring credit after authorized user status goes bad
– creditcards.com
When the primary account holder stops paying the bill, all users associated with the account suffer
January 8 Update: Use your Mileage Plan miles on Fiji Airways between SFO & NAN, Bonus points at Residence Inn Montreal Airport and more!
– RewardsCanada.ca
Final update to the first full week of 2016! News, Tips & Tricks Good news for those of you who hold the mbna Alaska Airlines MasterCard and/or are members of the Mileage Plan program. Their partner Fiji Airways added new flights between San Francisco and Nadi between June and August. Award tickets between Canada and Fiji run 40,000 miles one way in Economy or 55,000 in Business. Great to have this option for using your Mileage Plan miles! (Source Airlineroute.net)In the bonus offers section check out the new weekend stay bonus at the Residence Inn Montreal Airport Posts since our last update: Qatar Airways Privilege Club: 50% Bonus QMiles on flights between Montreal and Doha (and beyond) This is a loosely targeted systemwide flight bonus offer for travel on Qatar Airways. We say loosely as all…New TD First Class Visa Infinite offer: 40,000 Bonus Points and 50% off first year annual fee The TD First Class Visa Infinite has a new sign up offer as of this month…A New Year Rate Hike
– ratesupermarket.ca
It has been a busy start to the new year – mortgage rates are up, stock markets are down, and that holiday credit card bill is looming. Is your wallet feeling the pressure yet? Start your year off with our top tips for paying holiday debt off fast, and catch up on this week’s breaking mortgage and market news.
RBC Hikes Rates for Fixed and Variable Mortgages
Royal Bank of Canada, the nation’s second-largest lender, announced they are hiking rates on a number of their mortgages, to go into effect today. Will the other banks follow suit?
Here’s what you need to know if you already have a mortgage with RBC, or if you’re on the hunt for a new rate.
Read Penelope’s Blog | RBC Hikes Rates for Fixed and Variable Mortgages
A Rocky Start for 2016 Chinese and North American Markets
It hasn’t been a sweet new year start for stocks, as trading sees huge slides due to selloffs in Asia and low oil prices. What do investors need to know?
Read Sean’s Blog | A Rocky Start for 2016 Chinese and North American Markets
So You Overspent During the Holidays… Now What?
Went a little overboard spreading the holiday cheer? If your January credit card bill has you feeling like a scrooge, you’re not alone – and there are ways to pay down that debt, fast…
January 7 Update: WestJet London Gatwick service goes year round, newleaf – Canada’s newest airline & Top 5 Credit Card offers
– RewardsCanada.ca
News, Tips & Tricks WestJet announced yesterday that their London Gatwick from Calgary and Toronto will be going to year round service. All the other cities will remain on summer seasonal service. The Calgary flights will operate 3x weekly over next Winter while Toronto will continue to have daily service. (Source WestJet) If you were watching or listening to any Canadian news over the past 24 hours you should have learned about a new Canadian airline called newleaf. The ultra low cost carrier is slated to start service on February 12th. These guys came about really quick but in reality they fast tracked their service because the actual airline is Kelowna based Flair Air. Flair Air is a division of Kelowna Flightcraft, best known for their cargo services and also the being the airline that was Greyhound Air back in the 90s! The airline is going to be run much like Ireland’s Ryanair and the U.S.’s Spirit Airlines by charging for just about everything. If you can fly with just a purse or laptop bag and check-in online and don’t print a paper boarding pass you’ll get their lowest fares…
