All about Canadian credit cards. Learn the ins and outs and get the latest news.
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The best GIC rates in Canada for 2025 Jan 13th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
November 12 Update: AIR MILES Shop the Block returns in 2 days with up to 1,200 bonus miles and the last Air Transat A310 flights to be YQB-CDG + MORE Nov 13th
AIR MILES Shop the Block returns for the holiday shopping season with the opportunity to earn up to 1,200 bonus AIR MILES Reward Miles. The promotion launches in two days and you can bet we'll provide coverage of this year's offers. Find out more here.For our #avgeek readers who want to fly on Ai.... More »
Trump’s immigration crackdown creates growing confusion + MORE Jan 29th
(AP Photo/Evan Vucci)
WASHINGTON – The fallout grew Saturday from President Donald Trump’s immigration crackdown as U.S. legal permanent residents and visa-holders from seven Muslim-majority countries who had left the United States found they could not return for 90 days.
It was a period of .... More »
August 8 Update: Great 2 for 1 deal with Dusit Hotels & Resorts, 50 bonus AIR MILES for online shopping & 9 new bonus offers Aug 9th
Dusit Hotels & Resorts is brand that many Canadians many not be aware of but if you travels may be taking you to Asia, particular Thailand, or the Middle East or Africa you may want to check out this offer! The great deal they are running is getting a 2nd night free when you only pay for 1 a.... More »
How to pay off debt and save for the future + MORE Mar 18th
(Illustration by Amedeo De Palma)
Phil and Candace Ranjan are smart people. In fact, the two chiropractors have four university degrees between them. And for a young married couple still in their 20s, they also have a healthy combined income of $110,000. But the pair, who live in London, Ont., also .... More »
Switching Your Credit Card? Consider These Top 5 Travel Credit Cards
– ratesupermarket.ca
Are you an avid collector of travel rewards credit card points? If so, you could benefit from an impending market shakeup and onslaught of new earning options. As CIBC and TD continue their negotiations over the popular Aeroplan program, other lenders are stepping up to the plate with sweetened travel reward options, hoping to entice consumers currently caught between the big banks.
While any consumer would be frustrated by the circumstances, the situation does present a silver lining – the opportunity to reevaluate their rewards and switch to their best option. And, with so many great options offered by lenders, there’s never been a better time to trade in a card that’s slow to earn and hard to redeem.
Penelope’s Picks for the Best Travel Credit Cards for Consumers Who Want No Limits
While Canadians are big fans of earning points on their spending habits, travel-specific rewards have garnered a bit of a bad rap in the past – and no wonder! We’ve all heard horror stories about very restrictive reward redemption, flight blackout periods and unhelpful customer service…
Aug 29 Update: AAdvantage MileSAAver award sale to Hawaii, Etihad Labour Day sale from Toronto, Voila Status Match
– RewardsCanada.ca
This is the last day of updates until Sep 3 as we are taking an extending Labour Day long weekend. News, Tips & TricksAmerican Airlines has launched an award sale on their flights to Hawaii and this includes departures from their Canadian gateways. While not a huge discount, the 5,000 miles in savings is better than nothing. Unless you are a big time AA or oneworld flyer credting AAdvantage,hHere in Canada the best way to take advantage of this offer is via one of the numerous credit cards that can transfer points into AAdvantage such as the Starwood Preferred Guest Credit Card from American Express, RBC Visa Infnite or Platinum Avion card, Diners Club Club Rewards MasterCard, Marriott Rewards Premier Visa or any number of the other hotel cards available:Save 5,000 AAdvantage Miles when you book a reduced MileSAAver Off-peak Economy Class award for only 15,000 miles each way when flying between the contiguous U.S. or Canada and Hawaii on American Airlines. These awards normally run 17,500 miles each way…The Not-So-Golden Years: Credit Card Debt Rises Among Seniors
– ratesupermarket.ca
Retirement is meant to be a time to relax and enjoy the financial fruits of long years of labour – but there’s growing concern that older consumers are relying more heavily on debt in order to make ends meet, according to a new report from credit-monitoring firm Equifax Capital.
According to the report, Canadian consumer debt rose 6.1 per cent to $77 billion in the second quarter of 2013. This is mainly due to an 8.6 per cent increase in auto loan balances and a 7.4 per cent increase in outstanding mortgage debt.
“The increased demand for credit outside of mortgages is positive for the economy in the short-term, but could limit the ability of over-extended consumers to react to any financial bumps in the road in the future,” says Cristian deRitis, senior director of Consumer Credit Economics at Moody’s Analytics.
Seniors Debt Accumulation Outpacing Younger Generations
But it’s the slow creep of debt among the 65-plus crowd that is the most troubling stat from the report…
