There are more credit card options in Canada than you can shake a stick at! Stay on top of the best rates and plans right here.
Latest News
How to consolidate debt in Canada + MORE Jul 25th
With the cost of living rising in Canada, we’re seeing more people relying on credit cards to make ends meet. In Q4 of 2024, Canadians topped $124 billion in total credit card debt, and delinquency rates rose even as average monthly card spending declined, according to TransUnion. Credit card debt.... More »
RWRDS Daily Update September 3: WestJet places its largest-ever aircraft order with Boeing & Aspire Amex Lounge Grand Opening Event Sep 3rd
WestJet places its largest-ever aircraft order with Boeing for new 737-10 MAX aircraft and additional 787 Dreamliners and Aspire American Express Lounge Grand Opening Event in YUL. Check out today's points & miles updates here:
The post RWRDS Daily Update September 3: WestJet places its largest.... More »
Upcoming changes to Aeroplan points, Elite Status, and credit cards + MORE Aug 15th
Air Canada has announced that some big changes are coming to its popular Aeroplan loyalty program in the new year. As of Jan. 1, 2026, members will earn Aeroplan points based on how much they spend rather than how far they fly and their fare type. Qualifying for Elite Status is also being revamped w.... More »
GST/HST credit payment dates: When to expect your money in 2025 + MORE Nov 25th
The GST/HST credit is a quarterly benefit that deposits tax-free money directly into your account, designed to help offset the cost of living by putting cash directly into the pockets of Canadians. If you live in Canada, you might already be getting this valuable tax benefit without even realizing i.... More »
50% transfer bonus from American Express to Hilton Honors until October 31 Oct 5th
Another transfer bonus is here for American Express cardmembers. This month they are offering a 50% boost on conversions from Membership Rewards to Hilton Honors. This is hot on the heels of the Marriott Bonvoy transfer bonus we saw last month. The 50% Transfer Bonus From now until October 31, any o.... More »
Air Canada Aeroplan and Marriott Bonvoy Launch Expanded Loyalty Partnership Offering Status Match and Two-Way Currency Transfer
– RewardsCanada.ca
Big news out of Air Canada and Marriott today as they have launched an expanded partnership that has them offering reciprocal elite status matching and re-affirming the two-way points transfers between the programs. This partnership follows in the footsteps of other enhanced partnership that Marriott has with airlines such as United, Emirates and Singapore Airlines. […]
The post Air Canada Aeroplan and Marriott Bonvoy Launch Expanded Loyalty Partnership Offering Status Match and Two-Way Currency Transfer appeared first on Rewards Canada.
The post Air Canada Aeroplan and Marriott Bonvoy Launch Expanded Loyalty Partnership Offering Status Match and Two-Way Currency Transfer appeared first on Rewards Canada.
Why are credit card interest rates so high in Canada?
– moneysense.ca
The rate of interest levied on credit card balances borders on usurious and is perhaps the most egregious example of the banking system’s exploitation of its information advantage it enjoys over its clients.
Credit card interest rates hover around 20%, roughly where they have been since the early 1980s when inflation and interest rates were in double digits. Canada’s inflation has averaged about 2% between 1992 and 2022, and all interest rates have declined dramatically with it except credit card rates. Even as inflation has exceeded 2.0% for the past few years, the recent back-up in other interest rates remains well below credit card rates. In fact, one has to squint to see any decline in credit card interest rates since 1980.
Let’s compare some numbers. In 1981, the interest rate on a Visa or a Mastercard was about 25%. Inflation was 12%, and the bank rate—the rate at which the Bank of Canada loans to the banking system—was a bit over 21%. The prime rate, or the rate of interest offered to a bank’s best customers, was 22…
Scientists now know what the head of the biggest bug to ever crawl the Earth looked like – Phys.org
– news.google.ca
Scientists now know what the head of the biggest bug to ever crawl the Earth looked like Phys.orgScientists discover what the head of the biggest bug to ever crawl the Earth looked like The Globe and MailThe largest arthropod to ever live finally has a head Science News Magazine
Scientists now know what the head of the biggest bug to ever crawl the Earth looked like – Phys.org
– news.google.ca
Scientists now know what the head of the biggest bug to ever crawl the Earth looked like Phys.orgScientists discover what the head of the biggest bug to ever crawl the Earth looked like The Globe and MailThe largest arthropod to ever live finally has a head Science News Magazine
