Rate survey: Average card rates remain at 15.16% for fourth week + MORE Mar 3rd

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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Obama Did Not Save the Economy + MORE Jan 21st

It’s not his fault he arrived too late to play a role. But getting the credit wrong also gets the blame wrong..... More »
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Declined for a much-needed loan or credit card? There are other options Sep 21st

Unlike the major banks and payday lenders in Canada, the alternative lending market is less directly regulated, and that can expose consumers to greater risks when borrowing, Lesley-Anne Scorgie writes..... More »
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Buy or gift Aeroplan Points with up to an 85% bonus + MORE May 10th

Aeroplan's has come out with another buy or gift points promotion where you can earn up to an 85% bonus. This tiered offer sees bonuses ranging from 50% to 85% dependent on how many points you buy. This offer runs until May 20, 2022 and allows members to buy up to 500,000 points per transaction .... More »
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7 everyday card questions that can leave you confused + MORE Mar 21st

Here are the most common simple yet vexing questions regarding credit and debit cards, and how you can answer them with confidence..... More »

Q&A: How using a 'debt relief firm' may affect credit score Sep 2nd

Paying down debt through either debt settlement or a debt management plan may have a different impact on your score – and determine your access to credit in the future.... More »
March 2, 2016: The average credit card interest rate stayed put Wednesday at 15.16 percent, according to the CreditCards.com Weekly Credit Card Rate Report.

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March 2 Update: Petro-Points to drop Asia Miles conversion option, Hyatt introduces The Unbound Collection, KLM to Geneva for $799We can take a bit of a breather today compared to yesterday!News, Tips & TricksRewards Canada reader David alerted us to this disappointing change in the Petro-Points program. As of April 1st you’ll no longer be able to redeem Petro-Points for Cathay Pacific Asia Miles! This comes just as we were working on an Ultimate Asia Miles Credit Card portfolio as the CIBC Petro-Points card is a decent Asia Miles earner. We haven’t talked very much about this partnership on the site (we do list it on our Airlines you can earn miles with Canadian Credit Cards chart) but we are sad to see this option go. Also leaving the program on that day are the Canadian Cancer Society donations and Digital Media Rewards. Find out more here.Hyatt announced the launch of new brand of hotels for their portfolio. The Unbound Collection by Hyatt will be a group of independently owned hotels that will benefit from Hyatt brand management and the Gold Passport program while providing Hyatt a chance to grow their presence without building, owning and operating additional hotels…

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Always conducted a new survey to discover if emojis reinforce negative stereotypes about women and girls. Check out the findings!

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MOSCOW – The Bank of China will give Gazprom a 2 billion euro ($2.2 billion), five-year loan, the Russian state-run energy company’s largest loan agreement from a single credit institution.
In a Thursday press release, Gazprom said this is the company’s first loan deal with the Bank of China.
Driven by China’s growing energy needs, Beijing has been investing tens of billions of dollars abroad to help other countries develop their natural gas resources that can then be exported to China.
In May 2014, the state-owned China National Petroleum Corporation signed a $400 billion contract to buy natural gas from Gazprom over 30 years.
Gazprom, a state-owned oil monopoly, has been hard hit by Western sanctions, which tightened the terms and restrictions on loans from Western lenders to the company.
The post Gazprom and Bank of China sign 2 billion euro, 5-year loan appeared first on Canadian Business – Your Source For Business News.

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They crop up on your credit report when a lender has a ‘prescreened’ offer for you, but don’t directly impact your score

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