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Top 5 Credit Card Sign Up offers for April - These cards provide some of the best value out of their welcome bonuses + MORE Apr 7th
Here are the Rewards Canada Top 5 Credit Card Sign Up offers for the month of April 2020! This is not a 'best' credit card list like our Top Travel Rewards Credit Card rankings but instead a look at cards that have very good acquisition (welcome/sign up) offers. As always when choosing a card you s.... More »
RWRDS Daily Update – August 14, 2023 + MORE Aug 15th
Stack Prepaid Mastercard will be discontinued as of September 11, 2023, a new Amex Offers statement credit for SkipTheDishes and catch up on This Week in RWRDS. Check out today's points & miles updates here:
The post RWRDS Daily Update – August 14, 2023 appeared first on Rewards Canada..... More »
The Scotiabank Platinum American Express Card should not be overlooked Jan 7th
There is one Ultra Premium credit card that just can’t seem to get the spotlight, even with it having some significant changes in 2022, it quickly falls into the shadows of other cards. That card is the Scotiabank Platinum American Express card. A sleeping giant in our market, the card fills a.... More »
RWRDS Daily Update – October 30, 2023 Oct 31st
New RBC Offer providing up to a $500 statement credit for Sleep Country, Three new confirmed MBNA 5x points multipliers and Two additional Cobalt Card 5x points multipliers. Check out today's points & miles updates here:
The post RWRDS Daily Update – October 30, 2023 appeared first on Rewards.... More »
How to recognize delivery scams during the holidays and Canada Post strike + MORE Dec 3rd
Canadians face a fresh wave of scams as fraudsters seize on the Canada Post strike to try to trick victims out of their cash.
The last few weeks have seen an “exponential” rise in fraud attempts, ranging from phishing emails to deepfake phone calls, says Octavia Howell, chief information secu.... More »
This is our second post covering the big news this month in the Canadian loyalty space of Air Canada launching their own program apart from Aeroplan. The first post covered the breaking news and touched upon some of our initial thoughts. Since then we have conducted over a dozen media interviews on the subject which has allowed us to delve even deeper into the subject and we wanted to give you a further update on this developing news story. What we can guarantee is that this won’t be the last post covering the topic, in fact it will probably be front and center for the next three years!Why did Air Canada do this? In our numerous interviews last week and this week we’ve put it out there that there are most likely several reasons why Air Canada has decided to launch its own program. Some but not all of those educated guesses are as follows:It is well known that frequent flyer programs are big revenue generators. That’s why Air Canada sold Aeroplan. They made a lot of money off of the sale to help them out when times were tough…May 18 Update: Yes the Groupon Alaska Airlines offers works for Canadians, 5th Night free for Hilton Hawaii stays and more
– RewardsCanada.ca
News, Tips & Tricks Check your email for yet another Air Canada discount offer from American Express. This time the offer is for 15% off flights to Europe, Asia, and Australia in Flex or Latitude fare classes.Earlier today we detailed the new partnership between Alaska Airlines and Groupon. One of you asked us if this works for Canadians and yes it does! Typically we won’t post details on offers, news etc. unless it is available for or truly affects Canadians. So go ahead and start earning more Mileage Plan miles on your Groupon buys! Posts since our last update:New Alaska Airlines Mileage Plan and Groupon partnership! 500 miles for new customer purchases and 4 miles per dollar for existing customers You now have one more shopping avenue for earning Alaska Airlines Mileage Plan miles and its a pretty big…Travel DealsHilton Stay 5 nights or more and get a night free in Hawaii! Book the “Another Day in Paradise” package at participating hotels and resorts. Find out more here…No credit? Unpaid debts can still be sent to collections
– creditcards.com
You can be sent to collections over unpaid debt even if you don’t have any credit.
Cash advance survey 2017: Read fine print before seeking quick cash
– creditcards.com
A review of 100 credit card cash advance policies found cash advance transactions can quickly consume an available credit line with fees, high interest charges, among other undesirable terms.
Canadian Banks Take a Credit Rating Hit from Moody’s
– ratesupermarket.ca
The credit ratings of Canada’s Big Six banks have been taken down a notch, reflecting our nation’s high level of household debt and housing prices.
Last week, credit ratings agency Moody’s Investor Service announced that Toronto-Dominion Bank, Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, National Bank of Canada, and Royal Bank of Canada would all be subject to downgrading.
“Today’s downgrade of the Canadian banks reflects our ongoing concerns that expanding levels of private-sector debt could weaken asset quality in the future,” said David Beattie, a Moody’s senior vice-president, in the announcement.
“Continued growth in Canadian consumer debt and elevated housing prices leaves consumers, and Canadian banks, more vulnerable to downside risks facing the Canadian economy than in the past.”
The areas in which the six banks saw decreases in ratings were in Baseline Credit Assessments (BCAs) and long-term ratings, while all but TD bank also saw a decrease in Counterparty Risk Assessments (CRAs)…
