All about Canadian credit cards. Learn the ins and outs and get the latest news.
Latest News
My bank has offered me a credit limit increase I didn’t request. Is there any reason I shouldn’t take it? + MORE Dec 5th
Experts say there are pros and cons to accepting an increase to your credit limit..... More »
6 Ways to Save Money On Your Taxes Apr 22nd
Canadians either love or dread tax season. Taxes are typically due in April; however, the 2019 tax filing deadline has been extended to June 1, 2020, for individuals and certain trusts. The extension may give taxpayers more time to review their returns, carefully scanning for benefits and ensuring .... More »
Canada’s best no-fee credit cards 2022 + MORE May 21st
If you’re looking for a card that delivers top rewards without an annual fee, look no further. These no-annual-fee cards can still get you perks on what you spend, like cash back on groceries, recurring bills, travel and more. Plus, with perks like no foreign transaction fees, travel insurance and.... More »
Podcast Episode 94: A closer look at the new Scene+ Grocery program + MORE Aug 26th
In this episode we talk earning and redeeming points for groceries with the Scene+ program. On August 11 Sobeys and affiliated stores made the switch from AIR MILES to Scene+ and now we know Western Canada and Western Ontario will be doing so on September 22. So we thought it would only be fitt.... More »
Desjardins instituting credit card spending caps and are shifting some merchants out of accelerated earn categories Oct 27th
As reported by Milesopedia there are some negative changes coming to the Desjardins BONUS DOLLARS program. As of January 1, 2024 they will be putting annual spending caps in place for select accelerated earn rate categories on all of their rewards card offerings. Some of the cards accelerated catego.... More »
Drop App Review: Loyalty Rewards Without the Card
– canadianfinanceblog.com
Canadians love earning loyalty rewards, a fact which is evidenced by the sheer number of customer loyalty programs in existence. In addition to the countless rewards programs offered by credit cards and individual retailers, the emergence of fintech in recent years has spawned a large number of smartphone apps that can amplify your earning power even further.
One of the more unique entries into this field is Drop, an app which is downloadable to an iOS or Android device. On the surface, Drop is just another loyalty program. But it sets itself apart from the competition by making the rewards process seamless. In other words, Drop has automated the points earning process, making it something you don’t even need to think about.
Drop has been around for a few years now. Founded in Toronto by Derrick Fung, they launched their program in August 2015. A couple of years later, in October 2017, they expanded into the American market. Today the company boasts over 1 million users across North America…
One of the more unique entries into this field is Drop, an app which is downloadable to an iOS or Android device. On the surface, Drop is just another loyalty program. But it sets itself apart from the competition by making the rewards process seamless. In other words, Drop has automated the points earning process, making it something you don’t even need to think about.
Drop has been around for a few years now. Founded in Toronto by Derrick Fung, they launched their program in August 2015. A couple of years later, in October 2017, they expanded into the American market. Today the company boasts over 1 million users across North America…
Canada’s Best Balance Transfer Credit Cards 2019
– moneysense.ca
Are you longing to be debt-free but struggling with high-interest cards? Then a balance transfer credit card, which allows you to move the balance off of some or all of your credit cards over to this new card at a super low-interest rate if you sign up (sometimes even as low as 0%) can be a good strategy for you. Just keep in mind that these great low rates are limited and when that period ends—often six months only—the rates will go back up.The best balance transfer credit cards in Canada 2019
MBNA True Line Mastercard — 0% promo interest rate (additional fees may apply)
MBNA True Line Gold Mastercard — 0% promo interest rate (additional fees may apply)
Scotiabank Value Visa — 0.99% promo interest rate
PC Financial World Elite MasterCard – Honorable mention
What is a balance transfer – What you need to know
More on the best credits cards – View a complete list of top cards by category
Our methodology – For greater insight into our rankings
MBNA True Line MasterCard*
Free: No annual fee
Balance transfer offer: No annual interest on balance transfer fees for the first ten months (3% fee also applies)…
