The “Big Five” Canadian banks offer credit cards and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Did you know that there are many other options?
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An update to the new AIR MILES flights booking platform sees mileage requirements addressed for super low fares + MORE Dec 16th
Continuing on with our extensive coverage of the AIR MILES Flights booking platform that went live nearly a month ago. We've had a couple of posts so far and lots of feedback from our readers that culminated our post last week Disappointment abounds in the new AIR MILES Flights booking platfor.... More »
RWRDS Daily Update – June 16, 2023 + MORE Jun 17th
How to maximize the elite status benefits from The Platinum Card from American Express, New Amex Offers for lululemon & Luxury Escapes, Ten more Cobalt Multipliers and This week in RWRDS. Check out today's points & miles updates here:
The post RWRDS Daily Update – June 16, 2023 appeared .... More »
AIR MILES Shop the Block is here - Earn up to 1,200 bonus miles for using multiple partners + MORE Nov 20th
The annual AIR MILES Shop the Block event launched today and presents a really nice bonus mile earning opportunity for AIR MILES collectors. If you meet the requirement of using Shop the Block coupons at 3 or more sponsors you'll be awarded with up to 1,200 Rewards Miles over and above th.... More »
Aeroplan Picture Yourself contest celebrating their 35th anniversary! Million of miles in prizes up for grabs! Aug 23rd
Aeroplan released a new contest today to celebrate the 35th Anniversary of the loyalty program! The contest runs from today to September 25 and requires members to register first. If you don't register for the contest you won't be eligible to win. Now, what can you win? There will be 10 grand prizes.... More »
Canada’s best low interest credit cards 2020 + MORE May 12th
If you know you’ll likely be carrying some debt on your credit card from month to month—or are simply trying to pay off a balance—then a low-interest credit card might be a good choice for you. After all, why lock yourself into the typical 19.99% credit card interest rate when you have the opt.... More »
Canada needs a stand-alone agency to deal with asset-price bubbles
– canadianbusiness.com
(Dmitri Otis/Getty)One of Bank of Canada Governor Stephen Poloz’s deputies spoke about housing this week. Lawrence Schembri was disarmingly calm while tackling a subject that can easily lead to hysterics. There was no mention of bubbles or irrational exuberance, suggesting the central bank continues to believe that the situation is under control.
There are those who think otherwise. But Schembri’s speech showed that the Bank of Canada remains more concerned about the 18% plunge in Canadian commodity prices this year than the 10% jump in the average national resale price of homes since 2013.
Here’s one reason why:
(Bank of Canada)
The red line is the annualized growth rate of household credit since 2007. The dark vertical lines represent the imposition of measures meant to dissuade riskier borrowers from buying homes, such as the narrowing of the amortization period for an insured mortgage to 25 years from 40 years.
When you hear economists and central bankers talk about “macroprudential policy,” this is what they are talking about…
August 27 Update: First Year Free on National Bank World Elite MasterCard, $250 Gift Card offer from Rewards Canada, Etihad 96hr sale
– RewardsCanada.ca
As the end of the month approaches there isn’t much news to pass along and this is especially typical at the end of Summer. However September is always a crazy month! We already know of two credit cards that will have increased sign up bonuses, the launch of a new suite of co-branded credits cards and we’re guessing there will be even more news over the next few weeks. News, Tips & Tricks Don’t forget about our promotion where you can get a $250 Gift Card from Rewards Canada. Find out more here. Sometime ago we brought you the details of National Bank of Canada’s World Elite MasterCard which was has strong initial offering but that has now been made even better. The card that comes with a 30,000 point sign up bonus, up to $250 in airine fee coverage now has a first year free offer that waives the $150 annual fee if you apply by October 31st. Find out more here!This change has also been reflected on our comparison charts:Canadian Travel Credit Card Comparison: All Travel Rewards Credit CardsCanadian Travel Credit Card Comparison: Travel Points Credit Cards Posts since our last update:IHG Rewards Club: Double Airline Miles on all IHG stays Worldwide (Sep 1 – Dec 31) So far we have brought you the details IHG Rewards Club latest systemwide promotion called Accelerate…Canada needs an agency to handle real estate bubbles
– moneysense.ca
One of Bank of Canada Governor Stephen Poloz’s deputies spoke about housing this week. Lawrence Schembri was disarmingly calm while tackling a subject that can easily lead to hysterics. There was no mention of bubbles or irrational exuberance, suggesting the central bank continues to believe that the situation is under control.There are those who think otherwise. But Schembri’s speech showed that the Bank of Canada remains more concerned about the 18% plunge in Canadian commodity prices this year than the 10% jump in the average national resale price of homes since 2013.
Here’s one reason why:
The red line is the annualized growth rate of household credit since 2007. The dark vertical lines represent the imposition of measures meant to dissuade riskier borrowers from buying homes, such as the narrowing of the amortization period for an insured mortgage to 25 years from 40 years.
When you hear economists and central bankers talk about “macroprudential policy,” this is what they are talking about…
Credit card advice for a 'debit card kind of guy'
– creditcards.com
Debt and bad money habits are the enemies. Those old store cards? They’re your pals
