How to go about securing the best rate and plan for your credit card in Canada.
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To qualify for business loan, lower your personal credit use Mar 21st
A careful balance transfer may help lower credit utilization.... More »
RWRDS Daily Update – December 14 + MORE Dec 15th
Here’s your Rewards Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. WorldHotels expands into Canada with nine locations British Columbia based Prestige Hotels has had nine of their 15 hotels join WorldHotels. These are the first Wor.... More »
New welcome offer for the TD Aeroplan Visa Infinite Card - Earn up to 30,000 Bonus Aeroplan Miles with first year free + MORE Dec 2nd
The latest set of TD credit card offers are out now and while most of the cards have lower total welcome bonus offers - they are easier to achieve than the last set of offers. Our coverage this week starts with one of the most popular co-brand cards in Canada, the TD Aeroplan Visa Infinite ca.... More »
How to use credit cards to offset pharmacy expenses + MORE Apr 30th
Cash back, rewards and travel cards can help bear the cost of pharmacy expenses. The choice will depend on where you usually shop for pharmaceuticals..... More »
January 14 Update: IHG point changes delayed to January 25, Earn up to 500 bonus AIR MILES for booking flights via Redtag & more! + MORE Jan 15th
Last week we brought you the details of the IHG hotels that were changing categories (28 in Canada) and there is some good news in that it has been delayed to January 25 instead of today. The PDF of the list of hotels affected now states the 25th as the date the changes will take place. That giv.... More »
Am I liable for my business' corporate card debt?
– creditcards.com
A small-business owner’s responsibility for the company’s credit card debt depends partly on the kind of card. Corporate cards and small-business cards treat liability differently
Can I Still Get a “Zero Down” Mortgage with a Credit Union?
– ratesupermarket.ca
In the aftermath of the “Great Recession” when the U.S. housing market imploded, sending the global economy into a tailspin, Canada’s financial institutions were resoundingly praised for their stability and sound lending practices. Still, our country’s financial leaders recognized that there were some risks inherent in the system, and mortgage regulations were introduced to tighten any loopholes.
One notable series of changes, introduced by the Office of the Superintendant of Financial Institutions revolved around residential mortgages, including efforts to stop banks from offering “cash back” or “zero down payment” mortgages. As of 2008, buyers have been required to make a minimum 5 per cent down payment on their home purchase when taking out a mortgage with a federally-regulated lender.
But since credit unions are regulated provincially, they don’t fall under OSFI rules, and are able to offer many mortgage options that the banks increasingly can not, meaning the zero per cent down mortgage does, technically, still exist…
A Pro-Family, Pro-Growth Tax Reform
– online.wsj.com
Two simple income-tax brackets: 15% and 35%. End the marriage penalty and increase the child tax credit.Sep 22 Update: Aeroplan Volvo bonuses return, Etihad systemwide flight bonus, IHG Rewards Club Bonus for Great Wolf Lodge stays
– RewardsCanada.ca
A quiet start to the week with only bonuses to bring your way! News, Tips & TricksIn the bonus offers section there are some great new bonuses. We see the return of the Aeroplan Volvo bonus miles offer. The best part of it is the free 250 miles with every test drive you do (limited to 1 test drive per 30 days). If you are planning to fly Etihad out of Toronto to Abu Dhabi or beyond be sure to register for their systemwide Double Miles (and Double Tier Miles if in Business/First Class) offer.The other really good offer sees IHG Rewards Club team up with Great Wolf Lodges! The offer is for bonus points, a discount and waterpark passes for stays this fall. If you are unfamiliar with Great Wolf they are a small chain of family oriented resorts that have huge waterparks as part of their resort offering! If you live in Southern Ontario you can easily visit their location in Niagara Falls while those in the Vancouver area have a location in the Seattle area. There are also other various locations across the U…
