How to go about securing the best rate and plan for your credit card in Canada.
Latest News
How Old Do You Have To Be To Get a Credit Card in Canada? + MORE Apr 15th
Credit cards can be a great way to build credit history and accumulate rewards points or cashback. But how old do you have to be to get a credit card in Canada? And just because some types of cards are available to teens, should they have one?
With power comes responsibility. Before you rush out to .... More »
AIR MILES Mega Miles was set to launch this week but has now been postponed + MORE Mar 18th
The ever popular AIR MILES Mega Miles event was slated to start tomorrow but it has now been postponed in light of COVID-19 situation in Canada. AIR MILES reached out to us this morning and provided the following:"As a result of the developments surrounding COVID-19, we have decided to postpone the .... More »
Q&A: What to know, what to do about Equifax data breach + MORE Sep 9th
The data taken from credit bureau Equifax handed powerful tools for identity thieves, experts say. Here are steps to monitor your accounts and protect your identity from being hijacked..... More »
TransUnion, Equifax fined for misleading consumers about credit scores + MORE Jan 4th
Two of the largest credit monitoring firms have been fined by a major U.S. financial watchdog for misleading consumers about the value of the services they peddle..... More »
Jun 18 Update: Up to 30% off Auto Europe rentals, big bonuses from Hilton, free miles for joining TAP Victoria & La Compagnie Mycompagnie + MORE Jun 19th
Pretty quiet day outside of the great new Hilton HHonors bonus! News, Tips & Tricks If you are flying COPA Airlines anytime from tomorrow on and crediting the flight to Aeroplan be sure to check your fare class. As of June 19th, Fare Class N will no longer earn any miles. (Source Aeroplan) .... More »
Credit card interest rates hold steady at 14.87 percent
– creditcards.com
March 18, 2015: Average rates on new credit card offers held firm Wednesday, according to the CreditCards.com Weekly Credit Card Rate Report
Canadian consumers kept on borrowing more and more through to the end of 2014, a report from credit monitoring agency TransUnion says.
Mar 18 Update: Targeted Air Canada Double Miles offer, KLM delays Edmonton launch, the TD $100 Statement Credit debacle continues
– RewardsCanada.ca
It’s an Aeroplan kind of day on Rewards Canada News, Tips & Tricks Don’t forget about Rewards Canada’s exclusive contest with Aeroplan! Simply shop via their online shopping portal eSTORE if you haven’t shopped there since May of last year and not only will you earn 5x Aeroplan Miles on all purchases made via the eSTORE but you’ll also get the chance to win 1 of 4 prizes of 2,500 Aeroplan Miles! To find out more about this exclusive contest visit this post:5x Miles for shopping via Aeroplan eSTORE if you haven’t shopped in the last year + RC Exclusive – Win 1 of 4 – 2,500 Miles for shopping via eSTORE Also be sure to check your email if you were targeted for an exclusive Air Canada Double Aeroplan Miles offer for select flights within Canada. You can try registering here but if you did not receive the email there is a good chance you won’t get the bonus miles. The $100 statement credit debacle from TD seems to be continuing. The latest comment on our post “TARGETED: Receive a $100 Statement Credit when you spend $100 or more with Air Canada on your TD Aeroplan Visa Infinite card” as one reader was told he wouldn’t qualify for the offer and was offered 100 Aeroplan miles instead but now appears to be able to receive the $100 credit…Complaints data show which cards pay refunds most, least often
– creditcards.com
A look at 14,000 credit card complaints sent to the federal consumer bureau shows big differences in how cards solve disputes
How to get a bigger tax refund
– moneysense.ca
Family tax cut and other deductions can double your tax refund (Getty Images / Peter Dazeley)It’s a brand new tax year—new tax filing adventures await, and this year I have great news of much bigger refunds for families under the new Family Tax Cut. Last year’s average tax refund was about $1,700, but this year’s refund will be up to twice that for some. Ah yes, now I have your attention! Here’s the lowdown on how to claim the Family Tax Cut, along with some of the other changes introduced this year.
The New Family Tax Cut
Introduced with great fanfare by Stephen Harper on October 30, this new provision will reduce the amount you have to pay in federal taxes, as long as you are a two-parent family with children under age 18. And you won’t need any new information to claim—just a sharper pencil.
To get the credit, you must re-allocate up to $50,000 in income from one spouse to the other using the new Schedule 1-A. The credit may be claimed by either spouse for a maximum tax savings of $2,000, and you’ll see the biggest benefit if one spouse has an income that’s much higher than the other…
