All about Canadian credit cards. Learn the ins and outs and get the latest news.
Latest News
New Amex Offers for Ivanhoe Cambridge Gift Cards and Robinson Lighting + MORE Jul 7th
Two new Amex Offers offers showed up in my account today for the Platinum Card from American Express and my wife's Marriott Bonvoy American Express card account:The first one is really the stand out offer and you should log in to your account right away to see if you have been offered it as it is li.... More »
RWRDS Daily Update – March 1 + MORE Mar 1st
Up to 60,000 Avios with the RBC British Airways Visa Infinite Card, Amex Offer for lululemon and 68 more confirmed Cobalt multiplier locations. Check out today's points & miles updates here:
The post RWRDS Daily Update – March 1 appeared first on Rewards Canada..... More »
B.C. finance minister says double A credit rating sign of continued stability Oct 28th
British Columbia’s Finance Minister Carole James says Dominion Bond Rating Service has confirmed the province’s double-A high credit rating, maintaining the rate the province has held since May 2007.
The Ministry of Finance says in a news release that the rating recognizes B.C.’s g.... More »
Planning a staycation? You can claim a tax credit if you travel in Ontario this year - CBC.ca + MORE Jan 2nd
Planning a staycation? You can claim a tax credit if you travel in Ontario this year CBC.caOttawa Valley ready for staycationers in 2022 | CTV News CTV News OttawaOntario will refund you up to $200 to travel the province. Will it be enough to help rebuild a battered tourism ind.... More »
Canadian Tire says recent breach of e-commerce database involved customer info + MORE Oct 14th
The breached data included names, addresses, emails and birth years as well as encrypted passwords and in some cases, incomplete credit card numbers..... More »
How Canadians Can Take Advantage of Black Friday and Cyber Monday
– canadianfinanceblog.com
Shopping in the United States is elevated almost to a contact sport. Sales and discounts abound on a predictable schedule. Here in Canada, it’s true that we get Boxing Day on December 26th. However, in the States they also end up with “after Christmas” sales, and sales all the way up to Christmas. But the “real” deals for the shopping year is the fact that the United States gets to take advantage of major deals before Christmas with Black Friday and Cyber Monday.If you want to take advantage of deals like our friends to the south, you do have options. Here are a few ways that you can get in on the Black Friday deals.
Across the Border
One option is to go across the border and shop the deals in person. Did you know that 75% of Canadians live within 150 kilometres of the United States border? Not only that, but the Canadian dollar is relatively close in value to the US dollar. This means that you can take advantage of a reasonable exchange rate. Shop with your credit card, and you don’t have to worry about carrying out the foreign exchange transaction yourself…
Credit Card Tiers: Your Guide
– ratesupermarket.ca
Selecting and applying for a credit card can be overwhelming. Terms like gold, elite, and platinum can seem arbitrary, the differences between them confusing. To help clarify, we’ve assembled a quick-and-dirty reference guide for the different tiers of Canada’s most popular credit cards, MasterCard and Visa.
MasterCard
Standard
Features and perks:
Nothing fancy. Holders can use their card in more than 200 countries, plus at ATMs to withdraw cash. Zero Liability policy is included — a cardholder’s liability for unauthorized purchases is $0. Other benefits are dependent on card type and issuer.
Fees:
Depends on the card type and issuer, but most start at $0.
What you need to apply:
No minimum income requirement for some cards.
Examples:
BMO Air Miles MasterCard
An all-around basic card with no annual fee and modest reward earnings with 0.05 Air Miles earned on the dollar. New signups get a 400 Airmile bonus, and the credit card can be used in conjunction with the Air Miles rewards card to double up on points at the till…
JPMorgan to terminate credit card deal with Sears Canada
– theglobeandmail.com
Another setback for the struggling clothing and household goods retailer
JPMorgan Chase and Sears Canada said Monday they plan to terminate their credit card agreement starting next November.
Canadians Pick their Top Travel Rewards Credit Cards for 2014 – Results of our Canada’s Choice Vote!
– RewardsCanada.ca
For the fourth year in row RewardsCanada.ca, the country’s leading source for frequent flyer and travel reward information, asked Canadians to rank their favourite travel reward credit cards as part of its ‘Canada’s Choice’ Awards.More than 18,000 users of the popular website responded. The results were not even close. Amex dominated four out of the five travel reward categories to reclaim its spot as Canada’s most admired portfolio of travel reward credit cards. It is a significant honour given the more than 85 travel rewards credit cards Canadians can choose from.“After RBC knocked AMEX off its perch last year, the credit card company responded with a noticeably stronger marketing presence,” said Patrick Sojka of Rewards Canada. “While Amex has a reputation for its strong reward options and ease of redemption, I suspect their savvy marketing campaigns are resonating with consumers and helping to create top-of-mind presence.”Perhaps the most surprising result of the ‘Canada’s Choice’ Awards poll was TD’s lack of traction…
