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Latest News
Your August points & miles agenda - these offers are all slated to end this month Aug 2nd
Here is a new monthly feature we'll have on the Rewards Canada blog and that is a list of promotions, offers and more that are slated to end during the month. Whether its stay bonuses, registering for offers or signing up for a limited time credit card offer we'll have it here if it expires in.... More »
Earn double ALL Accor Live Limitless Rewards Points for stays at Fairmont and Accor Hotels in Canada Apr 4th
Accor Hotels has extended the booking window of their Double Points offer for stays at participating Accor Hotels in Canada and this includes stays at Fairmont Hotels. You now have until April 15 to book this offer for stays until the end of June. Hotels in the U.S., Mexico and Panama are also.... More »
Rewards Canada reviews the Neo Mastercard, redeem for Amex prepaid cards with a discount & 40% off AeroMexico award flights out of Montreal + MORE May 25th
Here's your Rewards Canada Daily update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. Today's update is brought to you by the HSBC High Rate Savings Account with which you can enjoy a total annual interest rate of up to 2.65% on new deposits± .... More »
How to Spot Credit Card Fraud and What You Can Do to Prevent It + MORE May 29th
Credit card fraud comes in various forms and can cause a lot of damage to both your balance and your credit score. Often thieves only get away with a few hundred dollars, but sometimes they can manage to steal thousands. And when they do, it can take hours of hard work and communication to unravel .... More »
Your October points & miles agenda - these offers are all slated to end this month + MORE Oct 2nd
Here is a list of promotions, offers and more that are slated to end during the month. Whether its stay bonuses, registering for offers or signing up for a limited time credit card offer we'll have it here if it expires in this month. * Note all offer end dates were current at time of posting t.... 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
– RewardsCanada.ca
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…Canada’s Top Travel Rewards Credit Cards for 2020 revealed – It’s the calm before the storm
– RewardsCanada.ca
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…Should You Accept That Pre-Approved Credit Limit Increase?
– ratesupermarket.ca
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…
