Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
You’ve seen those ads show up more and more the past few years: financial institutions who offer a new way of banking. But do those flashy logos hide something you already know? Many of these businesses are owned by traditional Canadian banks. The industry is tightly regulated, but you.... More »
Canadian youth get top marks for financial literacy but more than one in ten 15-year-olds struggle with basic financial skills. But new allowance apps can help them manage their chores and allowance..... More »
The Globe and Mail, David Berman, 1 February 2019 Canadian bank stocks have rebounded over the past six weeks after touching their lowest valuations since the financial crisis. But an enduring recovery rests on profit and revenue growth over the year ahead, and the outlook here is murky at best. F.... More »
Looking for a new credit card but confused by all of the options available and what their terms really mean? Maybe you want a credit card so you can shop without having to use cash for purchases. Or, maybe you’ve heard about travel rewards cards that let you use points for flights and hote.... More »
It’s been a few short years since EQ Bank emerged onto the landscape of Canadian online banks. But while they may seem like the new kid on the block, their roots run much deeper. Who Owns EQ Bank? EQ Bank is brought to you by Equitable Bank, which has been providing residential and commercial lend.... More »
To simply say I love credit cards is an understatement. Currently, I have more than 10 active cards, which is much more than the average person will ever need at once, but I use them all for a variety of reasons. When you know how to game the reward system and reap the benefits of different cards, the possibilities are endless, especially with regard to travel rewards.
I’ve flown to Hong Kong on points, and just recently, I stayed at the Marriott Amsterdam hotel for a week solely on credit card points. Now, imagine if I had to pay for that flight and hotel in cash; I would have spent more than $6,000. So you can see why I get so excited over using my credit cards.
Mind you, I’m pretty open about how I use my credit cards, and I likely spend a lot more on them in comparison to the average person. But as long as you’re careful about how and where you spend, here’s how any average Joe can take advantage of the system and reap all the benefits that credit cards have to offer.
Tip #1: Look out for sign-up bonuses
Without a doubt, sign-up bonuses are one of the best ways to travel for free…