There are more credit card options in Canada than you can shake a stick at! Stay on top of the best rates and plans right here.
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What Is a Credit Union? The Pros and Cons vs a Bank + MORE May 17th
In recent years, there has been a lot of backlash against banks. While the backlash has been a little bigger with our neighbours down south, there have still been plenty of people here in Canada looking for a place to keep their money that isn’t associated with big banks.
One of the options yo.... More »
OFFER EXTENDED: Earn up to 60,000 bonus Flying Blue miles on the Air France KLM World Elite MasterCard Nov 18th
The up to 60,000 Flying Blue Miles offer on the Air France KLM World Elite MasterCard has been extended once again and is now available until December 18! This card was unique in that when it first launched it did not feature bonus miles but rather bonus points towards elite status. This was done to.... More »
Video: How to save on a national park vacation + MORE Jul 14th
With rewards credit cards and other budget-saving tips you can have an exciting park adventure for a fraction of the usual cost.... More »
This Week in RWRDS: August 16, 2024 – The 3 most overrated cards in Canada Aug 17th
This week we look at the three most overrated credit cards, Hilton Honors Fall Power Up Promotion, Hotels.com Rewards continuing on in Canada and more in our weekly credit card and loyalty rewards newscast! Watch This Week in RWRDS here: Listen to This Week in RWRDS here: Topics of discussion: The.... More »
Card debt payment options for elderly relatives with dementia Feb 10th
If a relative is unable to take care of credit card debt due to dementia, you have options..... More »
Should You Refinance Your Mortgage?
– ratesupermarket.ca
A recent study by NerdWallet using mortgage data by Black Knight Financial Services found that Americans are wasting as much as $13 billion per year because they aren’t refinancing their mortgages.
The study, which identified over 5.2 million homeowners who had good credit and at least 20 per cent equity, showed that these borrowers could save an average of $215 per month if they were to refinance. However, they cautioned that they were being conservative about the potential $13 billion savings since they used a higher refinance rate than was being offered at the time. That means that American homeowners could potentially save even more.
What About Canadian Homeowners?
It’s hardly a stretch to suspect that Canadian homeowners are also paying significantly more in interest a year than they might have to. A 2004 CIBC study showed that Canadians saved $7 billion that year by refinancing their mortgages. With the increase in housing prices and mortgages in the ensuing decade, Canadians with good credit could likely qualify to save a significant amount if they refinance their mortgages…
Downgrading a rewards card? You may be eligible for sign-up bonus
– creditcards.com
If one card becomes too expensive, consider applying for less costly versions — and you might even score a sign-up bonus. But be aware of credit implications
