The “Big Five” Canadian banks offer credit cards and 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). Did you know that there are many other options?
Latest News
7 ways to protect credit in a gig economy + MORE Jun 30th
A freelancing lifestyle can create credit nightmares without proper planning.... More »
Survey: Average card APR holds steady at 16.06 percent for third week + MORE Jul 19th
July 19, 2017: The national average APR for new credit cards held still this week despite multiple changes to card offers, according to the CreditCards.com Weekly Credit Card Rate Report..... More »
Poll: You can get better credit card terms just by asking Mar 27th
If you want better credit card terms, the best thing to do is call your card company and ask, a new CreditCards.com survey shows.... More »
The Best Travel Credit Card Welcome Bonus Offers for April 2024 + MORE Apr 6th
Here are the Best Travel Credit Card Sign Up offers for the month of April 2024. This is not an overall ‘best’ credit card list like our recently released Top Travel Rewards Credit Card rankings for 2024 but instead a look at cards that have the most valuable welcome bonus sign up offers.... More »
Q&A: Can I transfer my own credit card to my partner's name? Sep 30th
Have an authorized user who charges on your card more than you do? While you can't transfer the card to his name, you still have options, such as transferring any debt he may owe to a new or existing card in his name..... More »
Is Your Credit Score Mortgage Ready?
– ratesupermarket.ca
May and June are the busiest months for real estate in Canada – and that means home buyers will soon be out in full force. It also means many prospective buyers are visiting their lenders, and asking for mortgage financing for their new dream home purchase. However, a new BMO study finds they may be in for a surprise – more than half of Canadians haven’t checked their score prior to their application, and may be blindsided by their credit standing. As banks base their decision on how much money you’ll receive on your credit score and report, some buyers may find they don’t make the credit-worthiness cut.
Here are a few tips for avoiding credit score disappointment when applying for your mortgage.
Also read: Is Closing a Credit Card Bad For Your Credit Score?>
Start Planning Early
It may be too late for the buyers already knocking on bank doors – but for those considering buying a home in the near future, it’s smart to start investigating your credit situation now, and ways to improve it…
Can a state mandate businesses accept cards?
– creditcards.com
No law requires a merchant to take credit or debit cards in payment, but businesses that spurn them risk losing customers
8 embarrassing credit and debit card moments
– creditcards.com
Times when cardholders wished the ground underneath them would open up and suck them in
