How to go about securing the best rate and plan for your credit card in Canada.
Latest News
The best Air Miles credit cards in Canada for 2025 Feb 14th
Air Miles is very well known among Canadian points collectors. Although many would say Air Miles lost some of its lustre in recent years, BMO acquired and relaunched the program in 2024 with new partners and more ways to earn Miles. Let’s see how the three BMO credit cards available to everyday co.... More »
March 22 Update: More confirmed Cobalt Card multipliers, Lynx Air expands in the Toronto area and Home & Villas by Marriott lowers stay requirement + MORE Mar 22nd
Here's your Rewards Canada Daily update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. A pretty big update up to our American Express Cobalt™ Card Confirmed Multiplier Locations feature. The following were added to the section on Canadian merchan.... More »
HSBC makes applying for their credit cards and bank accounts easier with HSBC EasyID + MORE May 11th
When HSBC ran their amazing offer to earn 100,000 bonus points for their HSBC World Elite Mastercard in late 2020 there was one issue that some of our readers brought to our attention several times. That issue was that HSBC wanted some applicants to confirm and complete their applications in branch..... More »
May 4 Update: RSVP Rewards - Canada's newest hotel loyalty program, earn 40,000 PC Optimum points for shopping beauty & 3 Lufthansa lounges join Priority Pass + MORE May 4th
Here's your Rewards Canada Daily update! Your daily dose (or near daily dose) of loyalty program, credit card and travel news, bonuses, deals and more. In April the Sandman Hotel Group consolidated several of their loyalty programs and relaunched them as one program called RSVP Rewards. T.... More »
Now live: New earn rates and easier redemption with the no fee BMO CashBack Mastercard + MORE May 2nd
The "Big Five" Canadian banks offer credit cards and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Did you know that there are many other options?
Rexall Be Well launches today - earn.... More »
August 9 Update: Chase Canada to forgive all debt owed on their Canadian Marriott & Amazon Visa cards
– RewardsCanada.ca
Early in 2018 Chase Canada completely shut down their credit card business. At the time they only had two cards left in their portfolio, their Marriott and Amazon Visa cards as the other cards they had issued previously were taken over other Canadian banks. Although Chase was no longer issuing cards here in Canada they still had cardholders who had outstanding balances from the two cards that were paying those balances off month to month. Well it was revealed yesterday in an article on CBC that Chase made the decision to forgive all the debt owed by Canadians on those cards. That’s right – forgive all that debt. We are unsure of how much debt it is but in all likelihood it isn’t an insane amount – rather something not much more than it costs Chase to continue to operate here. By forgiving this debt, Chase can fully exit our market and not have to worry about carrying the costs involved with their Canadian division. The CBC article which Rewards Canada is quoted in, states some people’s accounts of $1,300 to over $6,000 being forgiving and I have this question to our readers: Are you one of these people who is having some debt forgiven? If so, let us know in the comments below and if you are willing to share, let us know how much is being forgiven! Deep down I feel it won’t be many of you as I know most Rewards Canada readers are points & miles aficionados who tend to pay off their balances every month so as not to have to pay interest since it kills the value of the rewards…
