All about Canadian credit cards. Learn the ins and outs and get the latest news.
Latest News
October 9 Update: Purchase Give A Mile's limited edition Pilsner to help fund flights of compassion, Amex Centurion Lounge in JFK now open & Turkish Airlines further delays Vancouver launch + MORE Oct 10th
Shout to our friends at Give A Mile who sent us their limited edition Reservoir Pigs Pilsner brewed by Calgary's Village Brewery. A portion of each sale of this beer goes to Give A Miles to help provide their flights of compassion. As you may or may not know we have been partnered with Gi.... More »
New Welcome Bonus of 20,000 points and first year free with National Bank of Canada's top three travel rewards credit cards + MORE Feb 26th
This week has seen the return of limited time increased welcome bonuses on several cards from National Bank of Canada. The offer provides 20,000 bonus points and no annual fee in the first year when you spend $3,000 in the first three months on either the Platinum, World or World Elite Masterc.... More »
August 11 Update: Scotia introduces flexible payment plans for their Visa cards, Air Canada adding Vancouver-Orange County flights & your weekly drug store bonuses + MORE Aug 12th
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. Scotiabank has followed in the footsteps of other card issuers in Canada like American Express and CIBC by now offering an optional flex.... More »
RWRDS Daily Update – January 2 Jan 2nd
New RBC Offers from Baton Rouge, Moores, Dropbox and the American Express Centurion Lounge in San Francisco reopens. Check out today's points & miles updates here:
The post RWRDS Daily Update – January 2 appeared first on Rewards Canada..... More »
September 3 Update: 10x Aeroplan Miles for Apple purchases starting tomorrow, Amex Cobalt Multipliers update & lots of new credit card offers coming this week + MORE Sep 4th
Needing to buy Apple products? Wait until tomorrow if you can as the Aeroplan eStore will once again be offering 10x the miles on Apple purchases. This works for all eligible online purchases, even those you pick up in store! This is how I have been doing all my Apple purchases now, buy online an.... More »
6 times when just paying the minimum due makes sense
– creditcards.com
Contrary to popular advice, paying more on your credit cards isn’t always the best option
Survey: Average card APR jumps to record 15.27 percent
– creditcards.com
Dec. 21, 2016: The average APR on new credit card offers rose to an all-time high Wednesday after the Federal Reserve increased its benchmark interest rate, according to the CreditCards.com Weekly Credit Card Rate Report.
Can you unlock a LIRA early?
– moneysense.ca
Q: I have a LIRA from my employment some years ago in the amount of $250,000.I live in Alberta.
Due to downsizing last year, I was laid off. I am now employed but incurred considerable credit card debt and family owed debt while unemployed and would like to gain access to the money. I am 52 years old.
Would I qualify?
—Valerie
A: I’m sorry to hear it has been a tough year, Valerie. I think it’s been a rough one for a lot of Albertans given the price of oil, widespread flooding and the Fort McMurray wildfire. Hopefully, 2017 is better.
Locked-in retirement accounts or LIRAs are not like regular RRSPs. LIRAs come from a transfer of a pension upon leaving an employer, whether from a defined benefit (DB) pension plan or defined contribution (DC) pension plan. You can withdraw from regular RRSPs at any time – LIRAs are different.
The best way to unlock a LIRA early »
Each province has different rules regarding unlocking locked-in accounts. Sometimes, it’s as simple as having a balance below a certain threshold, but generally the unlocking criteria have to do with life events – like financial difficulty…
Why credit applications get denied after recent bankruptcy
– creditcards.com
Try secured cards and becoming an authorized user to rebuild scores
