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
Earn up to 7,500 Bonus Aeroplan Miles on all Air Canada flights Worldwide + MORE Jan 23rd
Air Canada revealed a decent systemwide flight bonus offer yesterday! The new promotion covers all flights flown by Air Canada (including Rouge, Express, etc.) to all destinations Worldwide. It is a tiered promotion that offers bonuses from 1,000 miles to 7,500 miles depending on where you fly and w.... More »
Canada Caregiver Credit: A Tax Credit Designed for Canadian Caregivers + MORE Mar 7th
If you provide care for a spouse or common-law partner or a dependent with a physical or mental disability, you may be eligible to claim the Canada Caregiver Credit (CCC) when you file your income tax return. This article will cover everything you need to know about this federal credit, including wh.... More »
Money management: What to do when COVID-19 debt payment deferrals are over + MORE Apr 1st
You remember last year when credit card companies and other financial institutions offered payment deferrals for people who needed the help? Well, those payments are coming due.
Beth works in real estate, and deferred both her credit card and mortgage payments for six months last year, after the C.... More »
REMINDER The credit card to consider getting right now - August 2022 + MORE Aug 23rd
We continue our monthly feature where we recommend a card to consider applying for right away during the course of the current month. How do we pick which card should be highlighted? We'll look at numerous factors however in most cases it will primarily be due to the limited time offer on .... More »
RWRDS Daily Update – August 21, 2024: The ultimate travel card trio for lower income brackets + MORE Aug 21st
The Ultimate Travel Rewards Credit Card Portfolio for Lower Income Earners and Hyatt Hotels to acquire The Standard & Bunkhouse Hotels. Check out today's points & miles updates here:
The post RWRDS Daily Update – August 21, 2024: The ultimate travel card trio for lower income brackets .... More »
New to credit: Will a store card help build my thin credit file?
– creditcards.com
If you’ve just started building credit with one card, a second one could have a bigger impact on your score than if you had many accounts with long histories.
February 28 Update: Air Canada renews partnership with American Express for the new loyalty program, World of Hyatt adds 57 more SLH Hotels & WestJet’s 23rd birthday sale
– RewardsCanada.ca
Air Canada has renewed their agreement with American Express to have Amex issue cards in the new loyalty program plus continue on as a Membership Rewards partner!! Yay!New premium American Express card products to launch with Air Canada’s new loyalty program in 2020 10-year deal will provide continuity for joint customers The companies will expand and deepen their partnership in the consumer, small business and corporate space Membership Rewards customers in Canada and the US will be able to transfer their points into Air Canada’s new loyalty program once it has rolled out. American Express Aeroplan cardmembers will become members of Air Canada’s new loyalty program in 2020, and all their miles will be transitioned at a 1:1 rate. In the interim, members may continue to earn and redeem Aeroplan Miles, and enjoy cardmember benefits as usual. (Source Air Canada) World of Hyatt has added another 57 hotels from SLH Hotels to the portfolio of locations you can earn and redeem points at…Canada’s Best Credit Cards 2019
– moneysense.ca
It goes without saying that finding the right credit card could save you hundreds if not thousands of dollars a year. Whether you’re looking for lower fees, higher net reward points or simply valuable perks like travel medical insurance or rental car savings, every dollar counts. If you use your credit card wisely, pay off your balance monthly and find the right rewards program for you, you’re sure to come out ahead. There’s a slew of credit card options out there, so making a choice can be perplexing. To help you find a keeper or two, MoneySense has done a lot of the heavy lifting for you.To come up with Canada’s Best Credit Cards 2019, we tapped our credit card tool, which is powered by our partner Ratehub.ca‡. The methodology took into consideration numerous factors, including welcome bonuses, great cash-back value, rental car discounts, flexible travel with no restrictions, high cash-back value, superb insurance packages, and more. Ratehub.ca provides us with results based on their algorithms and the team at MoneySense uses that information and also makes additional considerations when determining the final rankings…
A recent Congressional hearing sought more accountability for the credit reporting industry, and a legislative proposal is also seeking more consumer rights relating to their credit scores.
Canada’s Best Student Credit Cards 2019
– moneysense.ca
If you’re a student looking to build a credit history, a simple no-fee card that offers a great combination of generous rewards and low annual fees is exactly what you need. The key is to be responsible with your spending and pay off the balance every month so that buying a first car or home in the future will be within your grasp.The best student credit cards in Canada 2019
BMO SPC CashBack MasterCard — Best for cash back
Scotiabank Scene Visa Card — Best for rewards points
Tangerine Money-Back — Best for students with income
BMO SPC Air Miles MasterCard – Honorable mention
More on the best credits cards – View a complete list of top cards by category
Our methodology – For greater insight into our rankings
Best student credit card for cash back
BMO SPC CashBack MasterCard*
Warm welcome bonus: 5% cash back on everything for the first 3 months up to $2,000 in purchases
Straight-up rewards: 1% cash back on all purchases after the welcome bonus ends
It’s free: No annual fee
Free SPC membership: A value of $10…
