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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What to do with a monetary advance on your inheritance + MORE May 28th
Q. My amazing parents are downsizing and have decided to gift my husband and me $200,000. It’s nice for us but leaves me with a lot of questions. My husband and I are 37 years old and have been happily married for 15 years. We have no credit card debt, and just $12,000 on a credit line we used for.... More »
Top 5 Small Business Credit Card Sign Up offers for November - These cards provide the best value out of their welcome bonuses + MORE Nov 17th
Here are the Rewards Canada Top 5 Small Business Credit Card Sign Up offers for this month! This is not a 'best' credit card list like our Top Travel Rewards Credit Card rankings but instead a look at cards for small businesses that have very good acquisition (welcome/sign up) offers. As a.... More »
Q&A: What to do if you suspect someone opened a card in your name Aug 13th
If you suspect someone opened a credit card in your name, check your credit reports first. Then you have several options to address the possible consequences of identity theft.... More »
The number of Canadian millionaires will jump by more than half in the next five years: Credit Suisse Oct 21st
The number of millionaires in Canada will jump by more than half in the next five years, a faster growth rate than other developed countries like the U.S., according to a new wealth report from banking giant Credit Suisse..... More »
Credit Suisse reports big loss amid sour market conditions + MORE May 10th
GENEVA – Swiss bank Credit Suisse reported Tuesday a loss of 302 million Swiss francs ($310 million) for the first quarter, when market volatility discouraged client activity, while pressing apace with planned staff reductions.
The loss compared with a profit of 1.05 billion francs a year earl.... More »
Toyota Credit settles US discrimination allegations
– canadianbusiness.com
DETROIT – Toyota Motor Credit Corp. will pay $21.9 million to black and Asian borrowers as part of a settlement over alleged discriminatory lending.
The U.S. Department of Justice and the Consumer Financial Protection Bureau announced the settlement Tuesday.
A government investigation found that dealers were marking up interest rates on loans to minority buyers between 2011 and 2016. Under the settlement, Toyota will cap the amount dealers can mark up a loan.
Toyota Motor Credit is the nation’s largest captive auto lender. The company denies wrongdoing and said it didn’t know the race of credit applicants, but agreed to the settlement because it was fair to customers and dealers.
Toyota is the latest auto lender to settle a discrimination case. Ally Financial and Honda’s U.S. finance arm have reached similar settlements.
The post Toyota Credit settles US discrimination allegations appeared first on Canadian Business – Your Source For Business News.
The U.S. Department of Justice and the Consumer Financial Protection Bureau announced the settlement Tuesday.
A government investigation found that dealers were marking up interest rates on loans to minority buyers between 2011 and 2016. Under the settlement, Toyota will cap the amount dealers can mark up a loan.
Toyota Motor Credit is the nation’s largest captive auto lender. The company denies wrongdoing and said it didn’t know the race of credit applicants, but agreed to the settlement because it was fair to customers and dealers.
Toyota is the latest auto lender to settle a discrimination case. Ally Financial and Honda’s U.S. finance arm have reached similar settlements.
The post Toyota Credit settles US discrimination allegations appeared first on Canadian Business – Your Source For Business News.
Getting a new cellphone? Expect for a credit check
– creditcards.com
If you’re signing up for a traditional cellphone contract, your credit will probably be checked. But if your credit isn’t great, you have more options than before
February 2 Update: 100 FREE Aeroplan miles for text message subscription, double AIR MILES for National Car Rentals and more
– RewardsCanada.ca
News, Tips & Tricks Don’t forget to enter to win a pair of Maple Leaf Lounge passes! Find out more here. In the bonus offers section you’ll find the return of Aeroplan’s 100 FREE Miles for subscribing to their text messages. If you have been around with us for about a year or more you probaly already subscribe as that is when they last ran this offer however if you didn’t take advantage of it then or are a new reader of Rewards Canada now is your chance to earn 100 easy miles (great way to keep your account active) They state you may receive up to 2 or 3 texts per month but from my own experience it has been more like one every two or three months. Posts since our last update: Hilton HHonors – 80% Bonus when buying HHonors Points until February 8 (~5.6 cents per point) Back in January Hilton released a targeted bonus of up to an 80% bonus when you buy points that… Bonus Offers Air Canada / Aeroplan – 100 Free Aeroplan Miles when you sign up to receive text messages from Aeroplan…Poll: 13 million Americans commit financial infidelity
– creditcards.com
In a CreditCards.com survey, 5 percent of respondents in a committed relationship admit to keeping a secret bank account or credit card
WestJet Rewards: 25% Bonus dollars when you convert RBC Rewards Points
– RewardsCanada.ca
Yesterday saw the return of the RBC Rewards transfer to WestJet Rewards! Those RBC Rewards points collectors who hold an RBC credit card can transfer their points to WestJet Rewards and receive a 25% bonus on the total dollars deposited. This is the highest bonus we have seen yet for transferring to WestJet as past promotions were always at 20% and means for every 100 RBC Rewards Points transferred you’ll receive $1.25 WestJet dollars. The offer runs until Mar 13, 16The great thing about this redemption option is that you do not require the full amount of WestJet Dollars for a redemption. As long as you have $25 dollars in your account you can apply those dollars towards any flight! This means that by simply transferring over 2,000 RBC Rewards Points during this promotion you’ll have enough WestJet dollars to save some cash on your next WestJet flight! Those same 2,000 points if used via RBC (not on an Avion reward chart redemption, which you need 15,000 points anyway) would only be worth $20…
