Air Canada with TD, CIBC and Visa make a bid to buy Aeroplan back + MORE Aug 1st

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How you're not teaching kids responsible credit card use + MORE Aug 4th

Children are observers and parents unwittingly tend to do things just about guaranteed to show kids exactly what not to do with credit cards..... More »
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Saving New Jersey, if That's Possible + MORE Aug 13th

Legislative leaders discover they have a public pension problem..... More »
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Air Transat becomes the next Aeroplan preferred airline partner + MORE Aug 8th

Aeroplan is on a tear right and are showing Air Canada they don't need the airline or the Star Alliance to succeed. Last week they rejected the bid for Air Canada et al to buy Aeroplan and added Porter Airlines as a preferred airline partner. Now today it has been announced that Air Transat will bec.... More »
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Rate survey: Average card rate climbs to all-time high of 16.99 percent + MORE Aug 2nd

August 1, 2018: The average credit card interest rate climbed to a record high Wednesday, according to the CreditCards.com Weekly Credit Card Rate Report.... More »
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Aimia in talks with Oneworld alliance as potential Aeroplan partner + MORE Aug 3rd

Aimia Inc. says it's in talks with the Oneworld airline alliance, a potential partner for its Aeroplan program, which is currently a takeover target by an Air Canada-led group that has offered to buy the loyalty points program..... More »
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Air Canada with TD, CIBC and Visa make a bid to buy Aeroplan backWe continue with our catch up posts from last week with what was the biggest news of the week if not the year now and that was the news that Air Canada along with TD, CIBC and Visa making a bid to buy Aeroplan from Aimia!The news, when it was released was surprising but in reality it it makes a lot of sense for this consortium of four companies to attempt the buy out of Aeroplan.  Here are just some of the reasons why:With the programs splitting you have a lot of loyal Air Canada frequent flyers who are sitting on hundreds of thousands of Aeroplan miles that they will not be able to use as they have become accustomed to come July 2020. If the takeover works Air Canada has explicitly stated that Aeroplan miles will convert 1:1 to their new program. They would be taking away the factor of having a lot of PO’d members now having 0 mile balances in a new program and tons of miles in a program they may not want to use. We mentioned in the past that Air Canada would maybe have to dole out some miles in the new program to these elite frequent flyers to appease them and this would negate the need to do soIt essentially lets the new Air Canada program start with 5 million members rather than starting from 0…

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Last day to grab the RBC Visa Infinte Avion card with up to 25,000 points and no annual fee in the first yearToday is the last day to grab the first year free and up to 25,000 RBC Rewards points offer for with the RBC Visa Infinite Avion card! As of August 1st the card will revert to its standard offer of 15,000 points with a $120 annual fee but come with a special low interest rate for balance transfers and cash advances…. RBC Visa Infinite Avion Get 15,000 welcome points and earn 10,000 extra RBC Rewards Points with a minimum spend† Plus the 1st year annual fee waived upon approval† Earn 25% more RBC Rewards points on travel related purchases1 Book flights, hotel stays, cruises, vacation packages, car rentals with RBC Rewards site, powered by OrbitzTransfer your RBC Rewards points towards other eligible loyalty programs (WestJet Rewards, British Airways Executive Club, American AAdvantage, Cathay Pacific Asia Miles. Look for the transfer bonuses to the airlines several times per year!)Premium suite of insurances including trip cancellation3, trip interruption3, travel medical4, car rental insurance5Redeem your points toward your credit card balance using Payback with Points2Instantly save 3₵ per litre on fuel▲ & earn 20% more Petro-Points§ and RBC Rewards points** when you link your Petro-Points card to any RBC Card online…

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