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
RWRDS Daily Update – August 16, 2024: Coast Hotels adds Weyburn location & earn up to 250 bonus AIR MILES on back to school shopping Aug 16th
Coast Hotels adds new location in Weyburn, Saskatchewan and earn up to 250 bonus miles with AIR MILES Shops. Check out today's points & miles updates here:
The post RWRDS Daily Update – August 16, 2024: Coast Hotels adds Weyburn location & earn up to 250 bonus AIR MILES on back to scho.... More »
RWRDS Daily Update – February 16 Feb 17th
Guide to Credit Card Out Of Province Emergency Medical Insurance Coverage and American Express opens larger Centurion Lounge in Seattle. Check out today's points and miles updates here:
The post RWRDS Daily Update – February 16 appeared first on Rewards Canada..... More »
Enhance your travel to Europe with the Air France KLM World Elite Mastercard! + MORE May 16th
I can’t believe we are already half way through May which means there are only two weeks left for the great limited time welcome bonus on the Air France KLM World Elite Mastercard! When you apply for the card by May 31st and are approved you will receive 100XP which just happens to be the [.... More »
January 10 Update: The new Toronto Plaza Premium lounge has a dedicated area for British Airways, Guide to Business Class Lounge Access updated & one new Amex Offer + MORE Jan 11th
Here's your Rewards Canada Daily update! Your daily dose (or near daily dose) of loyalty program, credit card and travel news, bonuses, deals and more. Rewards Canada reader David posed a great question a few weeks back about the new Plaza Premium Landmark lounge at Toronto Pearson International.... More »
Four Marriott Hotels will open in Canada in the next month, small changes for the Platinum Card International Airline Program & redeem Mileage Plan miles for Air Tahiti Nui flights + MORE Jun 30th
Here's your Rewards Canada Daily update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. Today's update is brought to you by the Scotiaank Gold American Express Card which you can earn up to 45,000 bonus Scene+ Rewards points in your first year wit.... More »
Q&A: Why China’s stock market plunged 8 per cent and the rest of the world shrugged
– canadianbusiness.com
Chinese stocks plunged Monday after the country’s securities regulator rapped three major brokerages for continuing to lend money for stock purchases in violation of rules. As punishment for extending so called “margin trading” contracts, the brokerages are forbidden to offer credit to new customers for three months.
— HOW MUCH DID SHARES FALL?
At one point Monday, the Shanghai Composite Index was down 8.3 per cent. It later trimmed that to a loss of 7.7 per cent. Share prices of brokerages were hardest hit, with some falling by the daily loss limit of 10 per cent. Despite the sharp fall, the Shanghai Composite Index is still up 55 per cent in the past 12 months and up 33 per cent for the past three months.
— WHY DID THE MARKET FALL SO MUCH?
Investors and analysts see the penalties against the brokerages as foreshadowing more curbs on credit-financed trading by China’s government. Authorities want to stop the stock market’s boom over the past year from turning into a bubble that could damage the broader economy…
— HOW MUCH DID SHARES FALL?
At one point Monday, the Shanghai Composite Index was down 8.3 per cent. It later trimmed that to a loss of 7.7 per cent. Share prices of brokerages were hardest hit, with some falling by the daily loss limit of 10 per cent. Despite the sharp fall, the Shanghai Composite Index is still up 55 per cent in the past 12 months and up 33 per cent for the past three months.
— WHY DID THE MARKET FALL SO MUCH?
Investors and analysts see the penalties against the brokerages as foreshadowing more curbs on credit-financed trading by China’s government. Authorities want to stop the stock market’s boom over the past year from turning into a bubble that could damage the broader economy…
Desjardins and Best Buy Announce Credit Card Partnership
– ratesupermarket.ca
After cutting its ties with Chase Bank, Best Buy recently announced that its private-label credit card portfolios will now be managed by Desjardins Group. The move also applies to Future Shop, a subsidiary of Best Buy.
The Chase-managed Best Buy Reward Zone Visa will be deactivated at the end of February and the new Best Buy-Desjardins partnership will take effect on April 15.
No New Rewards Offerings
The new Best Buy and Future Shop private label cards will not offer reward programs. “Their main purpose is to offer financing options on purchases,” says Philip Ward, managing director of commercial business development for Desjardins Card and Payment Services. Ward says the benefit to customers using the cards is unique.
“Customers shopping at these stores will be able to take advantage of Desjardins’ Accord D financing solution,” Ward explains. “Accord D financing is a second credit limit, that does not affect the current one, that carries a different interest rate on a Desjardins card…
The Best Secured Credit Cards of 2015
– canadianfinanceblog.com
A secured credit card is one that might require that you provide funds to guarantee the loan. Remember, a credit card is a loan, and if you have no credit, or bad credit, issuers might be reluctant to issue you a card. This is where a secured credit card comes in.If you are willing to provide a security deposit as collateral, you can receive a credit card. If you make your payments on time, and if you show good habits, you will build your credit to the point at which it is possible to get an unsecured card. You will get your security deposit back, and you can use a “regular” credit card.
Home Trust Secured Visa Card – Even if you have had problems in the past, the Home Trust Secured Visa Card can help you. There is a minimum deposit requirement of $500, but you can provide as much as $10,000 for your collateral. Your credit limit is based on your deposit. You get your entire deposit back if you close your account and pay the full balance owed.
This secured credit card comes with an annual fee of $59, or you can choose to pay a monthly fee of $5 (adding up to $60 over the year)…
Scotiabank Gold American Express Card Review
– RewardsCanada.ca
(This feature is a duplicate from the main the Rewards Canada site) Launched in September of 2012 the Scotiabank Gold American Express Card is now veteran of our loyalty credit card market. It was the first American Express card issued by a bank other than Amex Bank of Canada since CIBC tried the partnership in 2002. Now that the card has been around for over two years we figured it was time to give it a review since this partnership between Scotiabank and American Express has lasted longer than the CIBC effort and it appears that it isn’t going away soon. OverviewThe Scotiabank Gold American Express Card is the middle of a suite of three American Express cards issued by Scotiabank and is by far the most popular version of the trio. When launched they took hints of their Momentum Visa Infinite Cash Back card which has some very high category spend bonuses and applied them these suite of cards. Depending on how you use the card it can be give you a return of 1% to as high as 4% on travel rewards…
