How to go about securing the best rate and plan for your credit card in Canada.
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January 14 Update: IHG point changes delayed to January 25, Earn up to 500 bonus AIR MILES for booking flights via Redtag & more! + MORE Jan 15th
Last week we brought you the details of the IHG hotels that were changing categories (28 in Canada) and there is some good news in that it has been delayed to January 25 instead of today. The PDF of the list of hotels affected now states the 25th as the date the changes will take place. That giv.... More »
Using business's tax ID is no shortcut to building credit + MORE Oct 13th
When it comes to credit, most business is personal.... More »
January 31 Update: Video for Deals of the Week, targeted free Aeroplan miles offer & 2x Starpoints at select Alberta hotels + MORE Feb 1st
News, Tips & TricksThere is a slight change in Aeroplan earning on United flights. As of February 1, 2017: "Aeroplan Miles earned in booking class N on all eligible United flights are not Altitude Qualifying Miles and will not count towards Air Canada Altitude™ status" (Source Aeropl.... More »
Food inflation in Canada: Who Canadians blame for rising prices + MORE May 24th
Almost two-thirds of Canadians feel that inflation at the grocery store is getting worse, a new poll suggests, even as food inflation has been steadily cooling.
A new Leger survey found that almost 30% of Canadians believe food inflation has been primarily caused by grocery stores trying to incre.... More »
The Planet That Shouldn't Exist - Universe Today + MORE Feb 26th
The Planet That Shouldn't Exist Universe TodayThis Planet Is Way Too Big to Be Orbiting This Teeny Tiny Star ScienceAlertAstronomers Discover Bizarre “Forbidden” Planet That Should Not Exist SciTechDailyOut in Space Lies a Mysterious, Massive Planet That Shouldn'.... More »
Fed: Card balances extend growth
– creditcards.com
Balances on credit cards grew again in May, extending April’s record-setting surge, the Federal Reserve said
July 8 Update: WestJet confirms Wide-Body jet service, US Airways buy miles bonus is back but is targeted this time
– RewardsCanada.ca
Here is what Tuesday July 8th offers: News, Tips & TricksWestJet has confirmed they will begin flying wide-body jets. In a press release yesterday they stated their initial plans are for four aircraft to enter service in Fall of 2015 between Alberta and Hawaii. Our assumption is that those planes will then be potentially used on European routes in the summer but this has not been mentioned by WestJet as they simple state “Further announcements regarding WestJet’s wide-body schedule for the 2016 summer season will be released at a later date, as the airline looks to expand its operation into overseas markets.” (Source WestJet)Don’t forget to enter our contest! Aeroplan is turning is 30 later this week and to celebrate Rewards Canada has teamed up with Aeroplan to giveaway 30,000 Aeroplan miles! Find out how you can enter the contest here! You have until this Saturday to enter.Travel Deals Air France has matched their partner airline’s seat sale with this fall offer for fall travel to Europe and beyond from Canada…Tim Hortons Double Double Visa Card: Worth the Perks?
– ratesupermarket.ca
Sipping a cup of Tim Horton’s famous joe is arguably one of the most symbolically Canadian ways to start your day. Now, true coffee fans can show their patriotism through their payment method as well, with a new Tim Horton’s loyalty credit card offering.
Teaming up with CIBC, the caffeine and doughnut peddler has released a no-fee rewards card. Dubbed the Tim Hortons Double Double Visa Card, this plastic is designed to reward frequent Tim’s customers with all the coffee, pastries and paninis they can eat. It’s also leading the way in new credit card tech with a “two cards in one” system, featuring a button that toggles the card between Visa or Tim Horton’s Loyalty functionality.
This card, which was originally meant to launch in May, is creating a lot of buzz – but does it really offer the most bang for your buck? Let’s break down the features.
Tim Hortons Double Double Visa Card Details
Reward Return: Average
This card offers one per cent Tim Cash rewards for every dollar spent…
Can life annuities mimic pensions?
– moneysense.ca
Darren would like a worry-free retirement. So he wonders if life annuities would allow him to match his wife’s public-sector pension plan. “I want to be sure I’ll have income for the rest of my life, no matter what happens to the markets,” he says. “Essentially, I want a pension, [without having to] worry about the company going out of business.”
He wonders, however, about the potential pitfalls and risks of annuities. “What happens if the insurance company that supplies my annuity goes under? Is there something else I should consider?”
Darren is now only 38. He aims to retire at 55, with the mortgage on their home paid off, about $600,000 (today’s dollars) saved in his Registered Retirement Savings Plan, plus extra tax-free savings.
Many others are wary of handing their savings over to a life insurance company. Most prospective buyers of annuities tend to live longer than average, but some fear dying early and leaving money for strangers to enjoy what’s called a mortality credit…
He wonders, however, about the potential pitfalls and risks of annuities. “What happens if the insurance company that supplies my annuity goes under? Is there something else I should consider?”
Darren is now only 38. He aims to retire at 55, with the mortgage on their home paid off, about $600,000 (today’s dollars) saved in his Registered Retirement Savings Plan, plus extra tax-free savings.
Many others are wary of handing their savings over to a life insurance company. Most prospective buyers of annuities tend to live longer than average, but some fear dying early and leaving money for strangers to enjoy what’s called a mortality credit…
