The “Big Five” Canadian banks 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). Are there other viable options?
With more and more Canadians moving towards low-fee investing options, banks and investment companies have had to step up their game, to deliver products that provide the right mix between price and performance. In this review of Tangerine mutual funds, I’ll take a look at how one of Canada’s le.... More »
Starting now, Canadian mortgage seekers will find it easier to qualify for more money. That’s because the Bank of Canada has dropped its five year benchmark qualifying rate from 5.34 percent to 5.19 percent. This is the rate banks use to qualify would-be-homebuyers for a mortgage. This is the fir.... More »
Managing debt can be a challenge. Sometimes that challenge is driven by circumstances out of your control. Critical illness or disability can put a huge strain on your finances, making it hard to pay off a credit line or loan. Those times of distress are what loan insurance is designed for. .... More »
We usually sign up for credit cards because of special features and benefits – from cash-back earning rates to travel perks to balance transfer offers. And one feature that may make or break your decision between one credit card or another is the welcome promotion – a special bonus that adds .... More »
If filing your taxes before the deadline went over your head this year, procrastinating can only make things worse. Unlike sales tax, which is a pay-at-the-pump proposition, Canada’s income tax system is based on self-assessment. Make your money, plan your affairs as best you can and then, pay up.... More »
Want to save money on your cruise? Want to know how to save big on your next vacation? If you’re spending cash-only for your cruise, hotel and rental car, you might be missing out. There are lots of travel tips and cash reward perks you can take advantage of to stretch your dollars further.
From free nights at your hotel to $400 cash back rewards, here are a few of the best travel tips to maximize your savings.
Have a Strategy and Compare Rewards Credit Cards
Not every credit card is created equal. If you’re planning a trip, you want cards with the best offers. Use the link to compare travel rewards cards. You can shop by airline miles, hotel nights or cash back rewards.
Use Flexible Travel Dates to Secure Hotel Discounts
When you book your hotel, plan at least 30-days in advance to get the best deals. Keep in mind, prices are higher around the holidays, but booking rooms a few weeks before or after can save you money.
Here are a few other tips:
When looking up hotels, use flexible dates…