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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RWRDS Daily Update – March 13 + MORE Mar 13th
Earn up to 5,000 bonus points at the Marriott Quebec City Downtown; WestJet clears next hurdle in the process of acquiring Sunwing & two new Amex Offers. Check out today's points & miles updates here:
The post RWRDS Daily Update – March 13 appeared first on Rewards Canada..... More »
Review: TD Aeroplan Visa Infinite Card + MORE Oct 11th
If you’re looking for the ultimate travel rewards card, the TD Aeroplan® Visa Infinite Card is the ticket for your dream destination. First introduced back in 2014, the card can earn Aeroplan miles quickly, offers a number of VIP perks and offers a sweet sign-up bonus. And once you leave home, y.... More »
Join the Hunt: Astronomers Need Help Finding Asteroids Hurtling Through Our Solar System - SciTechDaily + MORE May 20th
Join the Hunt: Astronomers Need Help Finding Asteroids Hurtling Through Our Solar System SciTechDailyYou can help scientists discover new asteroids that might threaten Earth CBC.caSpace geek? Asteroid Tracker app you must download now; it is FREE HT Tech"Asteroid Hun.... More »
4 credit lessons women can learn from men + MORE Jun 8th
Sometimes 'thinking like a man' can be the right money move.... More »
The best BMO credit cards in Canada 2022 + MORE Mar 31st
Along with Canada’s other big banks, BMO (Bank of Montreal) offers the stability that stems from a long history as an established institution. BMO was founded in 1817, making it Canada’s oldest incorporated bank, and it’s been the nation’s fourth largest since 2018. Due, in part, to its clos.... More »
Credit Card Code of Conduct: Changes Announced for Fees and Mobile Payments
– ratesupermarket.ca
Conservative Finance Minister Joe Oliver announced new updates to the Credit Card Code of Conduct today, emphasizing three main changes intended to better serve both consumers and small businesses.
Here’s our breakdown of the main highlights:
1: Credit Card Interchange Fee Caps To Take Effect
A main addition to the Code is the implementation of interchange fee caps this month, following MasterCard and Visa’s voluntary agreement to reduce fees to an average of 10 per cent last November. The Code now mandates that the fee reductions be passed down to merchants, with the hope that it will result in savings for consumers.
Also Read: Credit Card Interchange Fees Changes Coming to Canada>
“This will save money for job creators and will save money for consumers,” Oliver stated, adding the measures will “promote fairness in the credit card market and provide choice for consumers.”
Interchange fees are part of the processing fees merchants must pay each time a credit card transaction is made…
Apr 14 Update: IHG Rewards Club changes (good and bad), BMO World AIR MILES MasterCard changes, Club Carlson Triple Points offer
– RewardsCanada.ca
Big news from IHG and BMO today… News, Tips & Tricks We are still asking you for your Aeroplan redemption stories whether they are good or bad! Find out how to submit your story here. We’ll compile all the responses later this week and follow up with a summary post.IHG Rewards Club has announced some new changes coming to the program. Most of it is good news, some of it is bad but the the bad news is easily avoided. Lets start with the bad news. IHG is implementing an expiry rule on the program. Just like Aeroplan, if your account doesn’t have any activity for 12 months your points will expire unless you hold elite status in the program (which is relatively easy to earn!) That being said to keep your account active all you simply have to do is redeem for a digital music download for as little as 150 points. Really unless you have less points than that you shouldn’t have to let your points expire. Now you do still have some time as the expiry rule doesn’t kick in until May 16…
