How to go about securing the best rate and plan for your credit card in Canada.
Latest News
Here is the key to finding more AIR MILES redemption options on their website + MORE Jul 26th
We have received emails and comments from many of our readers about the lack of rewards on the AIR MILES website for those looking to use up their miles before they expire. One of those emails that we received this past Friday reads as such:After collecting 3200 Air Miles over the last 15 years, I f.... More »
October 20 Update: Aeroplan accumulation changes on ANA, 100 Bonus AIR MILES at Rexall, Starwood Canada upgraded room sale + MORE Oct 20th
News, Tips & Tricks Aeroplan announced accumulation changes for flying on ANA (All Nippon) earlier this week that take effect on November 1. You'll earn 150% of the miles when you fly on a J fare class instead of 125%. P Class fares drop from 125% to 100% and discounted economy class V,W,S .... More »
The best balance transfer credit cards in Canada for 2024 + MORE Jun 27th
Spend
The best balance transfer credit cards in Canada for 2024
Moving your credit card debt to a balance transfer card can help you pay off the debt more quickly by paying little or no interest.
Compare now
&l.... More »
Cyber thieves make off with hundreds of thousands of dollars in attack targeting Coast Capital Savings + MORE Jan 16th
The RCMP and the credit union are investigating after 140 members were robbed in "phishing" and "brute force" cyber attacks..... More »
Time to hit the rails! Aeroplan members can now earn and redeem points for Rocky Mountaineer rail journeys + MORE May 28th
Air Canada announced an exciting new partnership today for its Aeroplan program. Members are now able to earn and redeem points plus receive premium benefits when booking scenic rail journeys with Rocky Mountaineer. The famous western Canadian luxury rail tour operator joins the ranks of new an.... More »
Thanks to Rewards Canada reader Brian K. who alerted us to this new feature from American Express! You can now redeem your Membership Rewards points for any purchase made with cards that earn the points. That’s right, no longer are your limited to redeeming for travel purchases, converting to frequent flyer miles or guest points or merchandise.They now call this the Use Points for Purchases program. Essentially this means all Membership Rewards points earning cards now have a cash back feature. Now you are probably wondering, what is the redemption rate? Is it the same as TripFlex? No it is not. As you can see the old ‘TripFlex’ redemption remains at 1,000 points for a $10 credit:While the new feature to redeem points for any charge is at 1,000 points for a $7 credit:So does this new redemption option offer good value? Not so much. As you can see it is 30% less than the Travel Redemption option. On most purchases this represents less than a 1% return which is low when you look a competing cash back cards like the mbna Rewards World Elite which offers a straight 2% cash back on all purchases…Authorized user doesn't like the piggyback ride
– creditcards.com
Don’t jump off too soon; a close look at the entire credit profile may show it’s a net positive
Employees give CEO a new car after he shared the wealth
– canadianbusiness.com
SEATTLE – The employees of a company whose boss gave them a well-publicized big raise have bought him a new Tesla.
The Seattle Times reports ( http://bit.ly/29BWuF5 ) that Gravity Payments CEO Dan Price posted the news of the gift on Facebook Thursday, saying “Gravity employees saved up and pitched in over the past six months and bought me my dream car.”
Gravity spokesman Ryan Pirkle said the gift was thought up and organized by an employee who was one of those most impacted by Price’s decision last year to raise to $70,000 the annual salary for all the more than 130 people who work at the company that processes credit-card payments. At the time Price said he would also make $70,000, dropping his salary from more than $1 million annually.
The post Employees give CEO a new car after he shared the wealth appeared first on Canadian Business – Your Source For Business News.
The Seattle Times reports ( http://bit.ly/29BWuF5 ) that Gravity Payments CEO Dan Price posted the news of the gift on Facebook Thursday, saying “Gravity employees saved up and pitched in over the past six months and bought me my dream car.”
Gravity spokesman Ryan Pirkle said the gift was thought up and organized by an employee who was one of those most impacted by Price’s decision last year to raise to $70,000 the annual salary for all the more than 130 people who work at the company that processes credit-card payments. At the time Price said he would also make $70,000, dropping his salary from more than $1 million annually.
The post Employees give CEO a new car after he shared the wealth appeared first on Canadian Business – Your Source For Business News.
