Fed consumer credit report: Card balances rise 5.7 percent + MORE Sep 8th

The national revolving debt balance rose 5.7 percent to $914.6 billion in July, the Federal Reserve said Tuesday

@media all and (min-width: 1008px) and (max-width: 1264px) {
.tab-nav li.menu-item a{
padding: 22px 18px;
}
}

With more credit cards flooding the market every year, here’s how to choose a card that’ll put you on top based on your spending habits. Or, try our Credit Card Selector Tool.
Play: Mark Brown talks credit cards with 680 News’ Mike Eppel     
MP3jPLAYLISTS.inline_0 = [
{ name: “wknd-biz-1-eppel-sept-5671.mp3″, formats: ["mp3"], mp3: “aHR0cDovL3d3dy5tb25leXNlbnNlLmNhL3dwLWNvbnRlbnQvdXBsb2Fkcy8yMDE1LzA5L3drbmQtYml6LTEtZXBwZWwtc2VwdC01NjcxLm1wMw==”, counterpart:””, artist: “”, image: “”, imgurl: “” }
];

MP3jPLAYERS[0] = { list: MP3jPLAYLISTS.inline_0, tr:0, type:’single’, lstate:”, loop:false, play_txt:’     ‘, pause_txt:’     ‘, pp_title:”, autoplay:false, download:false, vol:100, height:” };
The post How to choose a credit card appeared first on MoneySense.

The perk, which comes with the Platinum Delta SkyMiles card by American Express, sounds great but you’ll probably need flexible travel plans to use it

 

In theory, 0% financing on your new car sounds like a good idea. Who wouldn’t want to drive a new car today and pay for it interest-free over time? In fact, it almost seems too good to be true. That’s because, in many cases, it is.
It turns out that choosing the 0 per cent financing option often comes with a lot of fine print and because of that you might actually end up paying more for your car than if you had taken out a regular auto loan. Add to that the recent rate cuts by the Bank of Canada and the potential for more to come, and a regular auto loan has rarely looked better.
Here are some of the reason why 0 per cent financing isn’t as good of a deal as it seems:
Few Qualify for 0% Financing
The first problem with 0 per cent financing is that a large proportion of the population don’t even qualify for it. While it is an extremely effective tactic to get potential customers into the dealership, once they’re there many find that their credit score isn’t good enough…

Welcome to a shorter week here on Rewards Canada! News, Tips & Tricks More new routes from airlines that don’t have their own reward programs where proprietary credit card reward programs can be used: Air Transat: Montreal – Pisa launches June 2016 (Source Airlineroute.net) Air Transat: Toronto – Nice launches May 2016 (Source Airlineroute.net) Pacific Coastal: Victoria – Kelowna launched October 2015 (Source Airlineroute.net) In the bonus offer section check out Accor Hotels latest systemwide promotion. You can earn up to 10,000 bonus points for multiple stays. Don’t forget about our promotion where you can get a $250 Gift Card from Rewards Canada. Find out more here. Posts since our last update: Avianca LifeMiles – Up to 145% Bonus Miles when you buy miles – Must register today and buy by September 15 Avianca LifeMiles has been famous for selling their miles with a 100% bonus every few months and then in…Best Western Rewards Fall Promotion: $25 Gift Card after 2 stays Worldwide Best Western has launched their fall systemwide stay promotion and it is quite weak compared to other promos they… Travel Deals Avianca has launched a seat sale on their flights out of Toronto…