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Visa vs. Mastercard: What are the differences—and do they matter? Aug 21st
A frequent question we hear at MoneySense is: Which is better—Visa or Mastercard? When looking for a credit card, there are all sorts of things to consider. What is the interest rate? Can you collect rewards points or cash back for making purchases? Is there a bonus for signing up, and what perks .... More »
HSBC Bank Canada profit climbs on improved returns from commercial banking + MORE Jul 31st
Results could foreshadow what’s in store later this month when Canada’s largest banks report third-quarter earnings
.... More »
Stock news: Canada’s big banks raise dividends after strong Q2 earnings May 29th
Here’s a round-up of news for Canadian investors this week.
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EQ Bank
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Where to open an RESP + MORE Nov 6th
Emily Johnson-Belloto & William (Photograph by Richard Lam)
Q: I’m planning on opening an RESP for my son William. Should I just open one at my bank? I’m not sure what distinguishes one bank’s offering from another’s.—Emily Johnson-Bellotto, Montreal
A: Your son is unlikely to thank yo.... More »
Will Italy’s political drama spawn a new eurozone crisis? Dec 6th
LONDON – Italy is facing political upheaval after Premier Matteo Renzi said he’s resigning after a crushing defeat in a nationwide referendum. Investors, though used to political drama in Rome, are trying to gauge the impact on the country’s economy and the wider eurozone.
Some clo.... More »
Some Southern California customers charged thousands of dollars for Del Taco meals in error
– canadianbusiness.com
SANTA PAULA, Calif. – What was supposed to be a cheap bite at Del Taco turned out to be small fortune for some Southern California customers.
About 150 people who ordered this week at the Mexican-style fast food chain in Santa Paula, 65 miles northwest of Los Angeles, were mistakenly charged thousands of dollars for burritos, tacos and soft drinks.
Customer Michael Cole said he was surprised when he was charged $4,050 for one CrunchTada Pizza and two beef tacos. He discovered the error Friday when he tried to withdraw $20 from an ATM and was denied.
“I don’t even think I’ve spent that much in the last five years,” Cole said.
The cause of the technical error was unknown, but it affected ATM and credit-card transactions at one Del Taco restaurant.
“The processor is aware of the situation and has contacted banks involved,” Del Taco spokesman Brian Devenny told the Ventura County Star (http://bit.ly/1i4Sqt8 ). “They are working together to get these charges reversed as quickly as possible…
About 150 people who ordered this week at the Mexican-style fast food chain in Santa Paula, 65 miles northwest of Los Angeles, were mistakenly charged thousands of dollars for burritos, tacos and soft drinks.
Customer Michael Cole said he was surprised when he was charged $4,050 for one CrunchTada Pizza and two beef tacos. He discovered the error Friday when he tried to withdraw $20 from an ATM and was denied.
“I don’t even think I’ve spent that much in the last five years,” Cole said.
The cause of the technical error was unknown, but it affected ATM and credit-card transactions at one Del Taco restaurant.
“The processor is aware of the situation and has contacted banks involved,” Del Taco spokesman Brian Devenny told the Ventura County Star (http://bit.ly/1i4Sqt8 ). “They are working together to get these charges reversed as quickly as possible…
