Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
4 New Customer Service Tactics Banks Are Trying + MORE Jan 19th
By: Barry Choi
Over the years the financial services industry has made strides to improve customer service. It seems like an eternity ago when we could only visit the bank on weekdays from 9 – 5. But as technology changes, so do the expectations of customers; offering convenience no longer guaran.... More »
Banks, insurers shy away from former grow ops + MORE Jun 30th
TORONTO – At first glance, the mid-century, three-level Winnipeg home was everything that Sarah Fehr and her fiancee had been looking for.
It was located in the right neighbourhood, had a double garage and the backyard was spacious enough for the couple’s two pugs to frolic in.
Perhaps most impo.... More »
Donald Trump Orders Crackdown on Politically-Motivated ‘Debanking’ - WIRED + MORE Aug 8th
Donald Trump Orders Crackdown on Politically-Motivated ‘Debanking’ WIREDTrump Signs Executive Order Clamping Down on ‘Debanking’ The New York TimesGUARANTEEING FAIR BANKING FOR ALL AMERICANS The White House (.gov)Trump targets banks with order barring discrim.... More »
Review: TD Aeroplan Visa Infinite Card Oct 11th
If you’re looking for the ultimate travel rewards card, the TD Aeroplan® Visa Infinite Card is the ticket for your dream destination. First introduced back in 2014, the card can earn Aeroplan miles quickly, offers a number of VIP perks and offers a sweet sign-up bonus. And once you leave home, y.... More »
Before It’s Too Late! Best Credit Card Welcome Offers of June 2019 Jun 3rd
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 va.... More »
Where Are Global Interest Rates Headed?
– blogs.wsj.com
Our global roundup of how the second quarter could play out for central banks around the world.
Credit Card Tap Payments: What You Need to Know
– ratesupermarket.ca
For 50 years, Canadians have been popping into their local Tim Hortons for a double-double, and maybe a sour cream glazed donut on the side. But in October 2013, the iconic brand leapt into the future by becoming one of the first retailers in the country to offer customers contactless payment terminals at their cash registers. While it first rolled out with debit cards, the technology is now available to purchase everything from groceries to booze on credit cards and even smartphones – and is available from a wide variety of retailers.
Let’s take a look at where tap technology is currently available – and whether your current card is already outfitted.
Tap Tech and Your Credit Card
Currently, there are three different systems in Canada that allow you to pay with a tap of your card: Visa payWave, MasterCard PayPass, and Interac Flash. (American Express has its own system, called ExpressPay, which is available in Canada on select cards, depending on the issuing lender.)
Each of these systems uses cards with an embedded antenna and microchip that communicate wirelessly with a card reader to make the transaction…
