August 28 Update: 20x AIR MILES at Staples on Saturday, Double Aeroplan Miles for Shangri-La stays, Choice Hotels Fall Promo + MORE Aug 28th

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Will my credit score rise after 12 months with no late payments? Jan 17th

There is no scoring bonus for making a one-year milestone of on-time payments. However, if all other factors that go into creating a credit score are positive, you should expect your score to reflect this..... More »

RCMP says free trial scams are fraudulent, but credit card companies make victims pay + MORE Oct 14th

Every week, Marketplace receives dozens of emails from Canadians reporting all kinds of consumer concerns and deceptive schemes. Here's an in-depth look at the one scam that has generated more angry emails than all the rest..... More »

Your Air Miles could expire soon: What you need to know before cashing in + MORE Jul 8th

Air Miles earned before 2012 will expire this January. CBC News got advice from the experts to find out how best to collect on your rewards before they disappear..... More »
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Should you postpone retirement to pay off card debt? + MORE Feb 2nd

If you are approaching retirement and are still revolving credit card balances, it may be better to keep working until those debts are paid off..... More »
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Loan losses in oil and gas sector hit National Bank's profit + MORE May 6th

National Bank says it will take a $195-million after-tax provision for bad loans in the second quarter, with the bulk of that related to credit losses in the beleagured oil and gas sector..... More »
August 28 Update: 20x AIR MILES at Staples on Saturday, Double Aeroplan Miles for Shangri-La stays, Choice Hotels Fall PromoLast update of the week! News, Tips & Tricks Don’t forget about our promotion where you can get a $250 Gift Card from Rewards Canada. Find out more here. This Saturday only you can earn 20 times the AIR MILES Reward Miles when you spend $100 or more at Staples. Perfect timing for that last minute back to school shopping! Find out more here. Posts since our last update: Choice Hotels Fall Promo: Earn A Free Night after two separate stays (up to 8,000 Bonus Privileges Points awarded) Choice Hotels Privileges is the next major hotel chain to release their fall systemwide promo and guess what? It’s… Bonus Offers Air Canada / Aeroplan- Double Aeroplan Miles for stays at any participating Shangri-La Resorts Worldwide. More… Sep 1 – Nov 30, 15 airberlin topbonus- Earn up to 10,000 Bonus topbonus miles when you book hotels via Kaligo. More… Book by Sep 30, 15 Choice Privileges- Earn up to 8,000 Privileges Points when you complete 2 separate stays at participating Choice Hotels Worldwide…

Continue Reading On RewardsCanada.ca »

Are Canadian Students in Debt Denial?
How much debt danger are Canadian students in? As young adults across the country head back to campus, the issue of students’ cost of living – and the loans they’ll require – is a national discussion.
It’s argued that steep tuition sets young adults up for decades of debt repayment – up to 14 years for the average grad, according to our 2012 Cost of the Future study – and that millennials are effectively delayed from reaching the financial milestones enjoyed by previous generations.
Now, it’s reported that consumer debt levels are a growing concern for this group. A recent piece in the CBC states credit card debt has spiked among students over the past five to 10 years, heaping thousands in interest on top of already massive student loans. And we’ve all heard the cautionary tales of students who sign up for cards marketed directly to them, right on campus.
However, this conflicts with reports that students are eschewing credit cards altogether – a recent American study commissioned by Bankrate and compiled by Princeton Survey Research Associates International found 63 per cent of millennials don’t carry a credit card at all, while another survey found pre-paid credit card use is growing in prevalence among students…

Continue Reading On ratesupermarket.ca »

Forget the stick. A new app uses the carrot to get Canadians to pay attention to their health.
The Carrot Rewards App dishes out loyalty points every time someone opens the app to look at a healthy recipe or take a quiz on the flu shot, for example.
Launching this fall in B.C. and in January in the rest of Canada, the app is backed by Ottawa, the government of B.C. and several health-related charities.
It’s the brainchild of Social Change Rewards, a Toronto-based startup whose CEO, Andreas Souvaliotis, formerly led the social change division of Air Miles rewards at Loyalty One.
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The app aims to “nudge” people to make healthy choices, Souvaliotis told Canadian Grocer.
“We want to focus on the small things. Why should you eat more lettuce? Why should you get a flu shot?” he said.
Learning the answers to such questions through articles and quizzes will earn users loyalty points. They can also get points by referring the app to friends.
Souvaliotis said users will be offered points from top rewards programs such as those for airfare, grocery shopping, movies and credit cards…

Continue Reading On moneysense.ca »

Surprise move comes 10 days after credit rating issued its most recent forecasts

Continue Reading On theglobeandmail.com »

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