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Latest News
More than a dozen federal departments flunked a credit card security test Oct 7th
There are 34 federal departments and agencies that allow citizens and others to pay for services with credit and debit cards. An internal briefing note, obtained by CBC News, shows that half of those institutions have flunked a global test designed to help ensure that personal inform.... More »
November 22 Update: Earn 4,300+ AIR MILES for free, Qatar Airways increase Montreal flights and offers a cyber sale with bonus miles + MORE Nov 22nd
We updated our popular post entitled Travel Hacking 102 - Earn up to 4,300+ AIR MILES Rewards Miles for FREE with a potential value of over $1,300 in travel with all the new BMO AIR MILES card offers. It is really a good time to work this program! Find out more here!American Airlines is adding sum.... More »
WestJet RBC World Elite Mastercard: Biggest ever bonus of up to 700 WestJet dollars + MORE Aug 1st
700 WestJet dollars – that’s not a typo. The biggest ever WestJet dollar bonus to be offered on the WestJet RBC World Elite Mastercard has returned! When you apply for and are approved for the card right now, you can earn that bonus in addition to the card’s famous benefits of re.... More »
Aeroplan is clawing back portions of credit card welcome bonus points (for those who have received multiple bonuses) Nov 1st
If you frequent credit card or points and miles forums on sites like Reddit and Red Flag Deals, chances are you have seen this latest development from Aeroplan. Or, perhaps you are actually one of those people who have received a letter from Aeroplan stating they are clawing back points you received.... More »
Nova Scotia's credit rating downgraded amid deficit concerns - CBC + MORE Feb 1st
Nova Scotia's credit rating downgraded amid deficit concerns CBC.... More »
Canadian Parents Spending More on Back-to-School than Holiday Gifts
– ratesupermarket.ca
With September just around the corner, kids across the nation are likely dreading the thought of going back to school, and parents are likely dreading the costs that come with it.
From clothing and technology to snacks and supplies, a recent RetailMeNot.ca survey found 53 per cent of Canadian parents agree that back-to-school shopping puts a financial strain on their families, with the average back-to-school spend per family adding up to $883.
And while nearly two-thirds (64 per cent) of parents set a budget for their kids, 56 per cent admit to usually spending more than planned.
New clothes, new shoes, school supplies, a smartphone, and a laptop top the list of items kids ask for the most, leading parents to spend $325 more on back-to-school shopping than what they even spent on holiday gifts last year.
For those parents purchasing those items, the average spend per item breaks down as such:
New clothes: $204
New shoes: $97
School supplies: $103
Smartphone: $255
Laptop: $582
Tips to save on back-to-school items
The survey also found more than one-third of parents (40 per cent) don’t realize how much they are spending on back-to-school shopping until they get the credit card bill, and 39 per cent say it takes months to pay off their bills after…
How to know when a credit card charge is a scam
– creditcards.com
As a small business owner, fraudulent transactions can be disastrous to the bottom line. When accepting cards online, there are some ways to protect yourself
