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?
Latest News
We review the CIBC Dividend Visa Infinite Card, earn bonus points with Air Canada Student Flight Passes & a 250 points rebate when you redeem at Cineplex Aug 16th
Here's your Rewards Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. The CIBC Dividend® Visa Infinite* Card is the next card to receive the Rewards Canada review treatment. Thanks to a revamp several years ago the card came bac.... More »
New sign up offer for the BMO No Fee AIR MILES MasterCard - Double Miles on all purchases May 2nd
Yesterday the 800 mile sign up bonus for the no fee BMO AIR MILES MasterCard came to end. It has been replaced with this new offer that sees no bonus miles for getting the card but will rather award you double miles on all purchases for the first 6 months you have the card. This means the card will .... More »
You can now earn Aeroplan Miles with Uber Eats and receive 10x miles with the special launch offer! + MORE Jun 9th
Air Canada has landed a great new partner that is now being offered via the Aeroplan eStore and that partner is Uber Eats. As of today when you place orders with Uber Eats via the eStore you can earn Aeroplan miles on those purchases.To celebrate the launch Aeroplan is offering 10 miles per dollar s.... More »
Aeroplan members can now earn points when flying on Air Mauritius Mar 14th
Back in December Air Canada's Aeroplan added two new airline partners, Oman Air and Air Mauritius. The latter started off as a redemption partner only but as of today Aeroplan members can now also earn Aeroplan points when flying on the national airline of Mauriitius. The airline flies to some major.... More »
Canada’s Top Travel Rewards Credit Cards Revealed + MORE Jan 23rd
Travel Rewards Credit Cards are the prized possession of the vast majority of Canadians, providing would be travellers with thousands of dollars worth of travel perks and privileges each year. For over 10 years Rewards Canada has been helping Canadians sift through the more than 75 travel rewards cr.... More »
Are you owed a slice of the $5B unclaimed assets pie?
– moneysense.ca
Canadians are leaving as much as $5 billion worth of unclaimed assets on the table and without proper processes in place in Ontario, that money is likely sit for some time more.
“I call it Canada’s under-the-radar economic action plan in waiting, and it wouldn’t cost as much as building infrastructure,” Brenda Potter Phelan, president and CEO of LegacyTracker, a web-based personal finance tracking tool, recently told CBC News.
Only British Columbia, Alberta, and Quebec have legislation and databases in place to help individuals search for their unclaimed credit union account balances, trust funds and unpaid wages. Efforts to bring similar procedures to Ontario have faced resistance from the financial sector, according to the broadcaster.
Unclaimed assets sitting in accounts with Canada’s big banks fall under federal jurisdiction. You can sift through those via the Bank of Canada’s searchable database online.
“I call it Canada’s under-the-radar economic action plan in waiting, and it wouldn’t cost as much as building infrastructure,” Brenda Potter Phelan, president and CEO of LegacyTracker, a web-based personal finance tracking tool, recently told CBC News.
Only British Columbia, Alberta, and Quebec have legislation and databases in place to help individuals search for their unclaimed credit union account balances, trust funds and unpaid wages. Efforts to bring similar procedures to Ontario have faced resistance from the financial sector, according to the broadcaster.
Unclaimed assets sitting in accounts with Canada’s big banks fall under federal jurisdiction. You can sift through those via the Bank of Canada’s searchable database online.
The post Are you owed a slice of the $5B unclaimed assets pie? appeared first on MoneySense.
A lack of legislation makes it hard for most people to find their assets in credit union accounts, trust funds and unpaid wages, a CBC News investigation finds.
Credit scores recover quickly from short-term debt
– creditcards.com
If a brief, big debt surge is necessary, do it. Eating up your credit limit will hurt your credit score, but you can recover quickly with no lingering damage
