AIR MILES Flight-A-Day Giveaway – Enter to win $5,000 and $25,000 flight vouchers + MORE Oct 22nd

 The results of Canada’s Choice 2021 were revealed earlier this week covering 10 categories of credit cards and loyalty with some surprising and not so surprising results. The first of those we look at was a not so surprising showing by the TD® Aeroplan® Visa Infinite* Card The card took first place in two categories along with it’s associated program, Aeroplan, taking top spot in a third category. One thing is for sure – Canada’s thoughts and our own research and opinion here at Rewards Canada aren’t far off from each other. Canada ranked the TD Aeroplan Visa Infinite Card as the number one overall travel rewards credit card and the number one airline credit card in Canada. For our own rankings we have the card as third overall and first in the airline category. So they’re pretty close!The TD® Aeroplan® Visa Infinite* Card: As ranked by Rewards Canada in our Top Travel Rewards Credit Card 2021 rankings: 3rd overall & 1st in airlineAs ranked by Canada in Rewards Canada’s Canada’s Choice 2021: 1st overall & 1st in airlineLet’s look at some of the reasons why this card ranks so high both by us and by the Canadian population:Welcome bonus points value At the time of posting this the TD Aeroplan Visa Infinite Card is offering a 25,000 Aeroplan Point welcome bonus along with the annual fee being rebated in the first year for both the primary and up to three additional cardholders…

 In this episode we reveal the winners of Canada’s Choice! These are our awards for the best credit card and loyalty programs in Canada as voted on by Canadians! The results are in and we are pleased to present them to you here. For some categories there are no surprises while we were definitely surprised by some others! Listen in the find all the details! Click Here to download the podcast (mp3) or download/subscribe via: Links relating to this week’s topics:  Canada’s Choice results are in! See who Canada chose as their favourite credit cards and loyalty programs

 As mentioned in our Big changes coming to the AIR MILES program post from earlier this month one of the promotions you could expect is now here! That promotion is the AIR MILES Flight-A-Day Giveaway which offers a total of 21 $5,000 flights vouchers (1 awarded per day) and a grand prize of a $25,000 flight voucher! To enter the contest AIR MILES collectors simply need to swipe or scan their card at participating partners between today (October 21) and November 10, 2021. You earn one entry for each swipe or scan and can earn additional entries as follows: Pretty easy contest to enter! Simply swipe your card at any AIR MILES partner that is participating in the contest. Those partners are: Good news from the contest rules as well is if you are not comfortable flying yet and do win one of the flight vouchers there are no expiry dates on them. You use them when you feel comfortable to use them.Click here to learn more about the AIR MILES Flight-A-Day Giveaway

 WestJet Rewards revealed a new limited time promotion today that will allow members to utilize any companion vouchers that are expiring this year for others without the need of the voucher holder travelling. From October 21 through to November 4, 2021 members can use their round trip companion vouchers to book two other people to fly and you don’t have to fly with them. This is only available for companion vouchers that are set to expire on December 31, 2021.  The actual time period to travel is only dictated by the schedule published by WestJet (so you have about a year of travel that’s open)Eligible vouchers are as follows:WestJet RBC World Elite Mastercard companion vouchers WestJet RBC Mastercard companion vouchersWestJet-wide companion vouchers Canada-wide companion vouchers Here’s some quick notes provided to us by WestJet:Vouchers expiring in 2022 are not eligible for this promotion; this includes the vouchers issued for the current BOGO offer on the WestJet RBC World Elite MastercardThere is no limit to how many eligible companion vouchers in a guest’s balance can be used to book for travel for other guests Travel bookings are determined by the class of companion voucher and eligible destinations So how do you go about booking flights for others with your voucher if you aren’t travelling with them? Simple, WestJet also provided us with that detail:To use the companion voucher, the companion voucher owner must sign into their account and make the booking on behalf of the two other guests…

MoneySense reader question: 

My spouse and I are trying to buy a home in a hot market (Toronto), and it’s proving to be a challenge. We are both employed with good credit, we have a hefty down payment, and we’ve been pre-approved for a $1-million budget by our lender. However, we have now put in several offers on homes that have been listed within our price range, and we’ve lost out each time to a buyer who pays considerably more for the property—sometimes by hundreds of thousands of dollars. We thought we’d be competitive buyers in today’s market, but now we’re wondering if we need to change our approach. Why are homes today routinely listed so far below their eventual sale price, and what can we do to successfully purchase one?

A real estate agent responds:

First of all, it’s not your imagination: home prices really are higher these days! While Canada’s largest cities, such as the Vancouver and Toronto real estate markets, are notorious for their steep cost of living, the truth is that affordability has dramatically deteriorated across the country over the last few years…