Canada has several major banks and many schedule II banks – but with rates and plans all over the map, it’s difficult to know where to bring your business. Our aim is to help you navigate Canada’s banking options to discover which one suits your needs best.
Q. My mother is a widow and I am an only child (single, never married, with one child of my own). Now that she is 83, she thinks she should put my name on all her bank accounts and investments so if she becomes unable, I would have control as joint account holder to pay any bills that come up. My na.... More »
Credit card fraud comes in various forms and can cause a lot of damage to both your balance and your credit score. Often thieves only get away with a few hundred dollars, but sometimes they can manage to steal thousands. And when they do, it can take hours of hard work and communication to unravel .... More »
To Spend or Not to Spend: What to Do with Your Travel Rewards Points Amid a Global Pandemic May 11th
Travel came to a screeching halt in the second week of March. Since then, travel programs and third-party providers have been working with members to reimburse rewards and cancel itineraries. Cardholders are without a choice but to postpone their upcoming vacations indefinitely. But that doesn’t .... More »
Have you received a different credit score from a credit monitoring website than you did when applying for a car loan or mortgage? This isn’t just surprising for you: it’s a likely result. Canadians can use several free credit report sites to monitor their credit; they can also pay for .... More »
Highlights from Alberta budget 2020 Global NewsThousands march to legislature in protest of Budget 2020 CTV NewsBudget 2020: Health budget sees doubling of private clinic surgeries, deductibles on seniors drug plan CBC.caAlberta budget banks on critical revenue boost.... More »
Don’t forget to think about money when planning your next trip. While organizing flights, hotels, and vaccinations are all essential, getting your credit cards in order before taking off can save you a lot of money. A little preparation can go a long way.
Make Sure Your Credit Cards Are Accepted
While credit cards are generally accepted all over Canada, that might not be the case where you’re travelling. Some countries may not have the infrastructure to take your credit card. In some cases, stores and restaurants might have high credit card minimum purchases due to bank fees. Make sure to do some research to find out whether your preferred payment methods are common and that your credit card’s payment network (Visa, Mastercard, American Express, etc.) is accepted. Managed responsibly, this is a case where it can be beneficial to have multiple cards on different networks.
Notify Your Credit Card Company
You don’t want to arrive at your destination, try to pay for something, and find out your card has been declined…