There are more credit card options in Canada than you can shake a stick at! Stay on top of the best rates and plans right here.
January 29 Update: How to maximize the elite status benefits from The Platinum Card from American Express updated, great Marriott bonus in the Bahamas, BA and AC China flight cancellations + MORE Jan 29th
Another feature update to let you know about. How to maximize the elite status benefits from The Platinum Card from American Express has been updated and now shows you how you can get 11 hotel elite status, 1 airline status, 2 car rental status and 1 cruise line status with The Platinum Card. My t.... More »
May 13 Update: Amex lowers welcome bonuses on The Platinum Card & Business Platinum Card, a look back at the first 100K point credit card bonus in Canada, good Travelzoo deal for Brewster's Mountain Lodge in Banff + MORE May 14th
American Express has really shifted focus on keeping current Platinum cardmembers engaged and using their cards as much as possible with the amazing double points double value promotion. However as it is so lucrative for cardmembers and pricey for American Express to maintain they have dropped t.... More »
If you’ve ever had to shop for “that” person in your life — the one who already has everything — you know that gift cards can be a lifesaver. They’ve been around for almost 26 years, growing into an essential part of any retail business. More recently, prepaid gift cards branded with pa.... More »
Earn 3,000 Bonus Rewards Points on all Best Western stays until the end of August (Targeted offer – book by July 5) + MORE Jul 2nd
Select Best Western Rewards members including ourselves received this email today offering 3,000 Bonus Best Western Rewards points on all stays in July and August so long as they are booked by July 5. This offer can be stacked with both of the $25 Gift Card offers which means you can earn $50 in.... More »
Consumer debt loads went down last quarter for 1st time in a decade CBC.caConsumer debt loads drop for first time in a decade in Canada BNNAverage non-mortgage debt dropped 0.5% in Q1 Advisor.caCanadian Consumer Debt Inches Lower for the First Time in a Decade &.... More »
January 27 Update: Earn 40,000 British Airways Executive Club Avios for free, Air Canada waivers for travel to China & updates to Amex Offers
Last Friday we added two new credit card offers to our website from HSBC and RBC for their World Elite Mastercard and Avion Visa Infinite Cards respectively. Those offers have now been added to our post Travel Hacking 101 – Earn 54,000+ Aeroplan Miles or 40,000 British Airways Avios for free* (Updated January 27, 2020). The HSBC cards adds an additional 16,000 Avios to the mix of free Avios meaning right now you can 40,000 Avios for no cost other than credit card spend. You can bump that to 55,000 Avios if you take the 35K offer on the RBC Visa Infinite Avion card however it does come with a $120 annual fee. Still worth it in my opinion! Check out the post here.Air Canada is offering free of charge changes for flights to Beijing, Shanghai and Wuhan due to the Corona Virus outbreak. If you booked your flights prior January 21 for Wuhan or the 24th for Beijing and Shanghai you can change your flight to another time or destination free of charge as long as it is in the same booking class…
The more things change, the more they stay the same, at least that is the case in the travel rewards credit card industry. For a third straight year, the American Express Cobalt Card takes the top prize in Reward Canada’s Travel Rewards Credit Cards Ranking. For over 12 years Rewards Canada has been helping Canadians sift through the more than 70 travel rewards credit card offerings with its annual ranking. The rankings can be found at rewardscanada.ca/topcc2020 This year’s ranking reflects a holding pattern as the industry braces for what will likely be a seismic event; the unveiling of Air Canada’s new loyalty program.“This is the calm before the storm,” says Patrick Sojka, founder of RewardsCanada.ca. “We know that Air Canada will announce their plan for Aeroplan in the comings months as they reveal their new reward program that will launch this summer. This should spark a strong reaction from competitors and ultimately translate into better consumer offers.”In addition to the Cobalt Card taking home “Best Overall Travel Reward Card’ honours, the remaining five categories that cards are ranked in are: Travel Points with annual fee, Travel Rewards Credit Card with no annual fee, Hybrid (flexible currency), Airline and Coalition card…
If you faithfully pay your loans, mortgage and credit cards each month, then you’ve probably received a call or letter from your bank with the news that you were pre-approved for a credit increase or a line of credit.
You might be thinking, “I don’t even use all the credit I currently have. I don’t need an increase.”
But guess what? Accepting a pre-approved credit increase may help your credit score.
Why Were You Offered a Pre-approved Increase?
If you already have an account with a bank, they may pre-approve you for a credit increase or a new line of credit, because they recognize you for being a good customer. By diligently paying off your card every month and staying on top of your current loans, your bank now trusts that you will pay them back if they increase your limit.
How Does an Increased Credit Limit Improve Your Credit Score?
No hard check
Usually, when you apply for a loan or request a credit increase, your bank sends in a request to the credit bureau for your current credit score…