All about Canadian credit cards. Learn the ins and outs and get the latest news.
Latest News
Great deal: $100 nightly resort credit at the Kananaskis Mountain Lodge, Autograph Collection Mar 12th
If you are planning a mid-week stay at the Kananaskis Mountain Lodge, Autograph Collection be sure to check out this offer. Right now you can receive a C$100 Resort Credit per night on Sunday-Thursday stays until the end of April. The great thing about this deal is that is prices the same as the bes.... More »
Be cautious with new credit when considering bankruptcy Jul 26th
Getting a new credit card when you're about to file bankruptcy is rarely a wise idea.... More »
Are You Ready, Home Buyer? + MORE Jun 5th
Did you know: May and June are the busiest months for real estate activity in Canada? That means buyers are out there in droves – and if you’re one of them, you’re likely feeling the pressure.
This week, we look at the various factors affecting your home ownership chances, from assessing .... More »
These credit cards can help you save big on travel to Orlando + MORE Oct 29th
Orlando, Florida, is an expensive destination. A family of four could easily spend $1,000 per day on theme parks alone. It’s no surprise that for many families, visiting the city ends up being a once-in-a-lifetime opportunity. Despite its budget-busting costs, Orlando welcomed a record-breaking 1..... More »
Survey: Average card APR holds tight at 15.18 percent for ninth week + MORE Aug 10th
August 10, 2016: The average APR on new credit card offers remained locked in place this week, according to the CreditCards.com Weekly Credit Card Rate Report..... More »
Gail Vaz-Oxlade Credit Free Fridays To Help Consumers Tackle Debt
– ratesupermarket.ca
From the world of public health came Meatless Mondays. Instagram brought us Throwback Thursdays. Now from the Canadian Federation of Independent Business (CFIB) and Canadian financial guru and author Gail Vaz-Oxlade comes Credit Free Fridays.
Here’s how it works: Canadians put away their credit cards on Fridays, choosing to pay with cash or debit instead. The small action gives small businesses a break, plus it encourages Canadian to spend smartly. The initiative was launched on November 8 at Wanda’s Pie in the Sky, a bakery in Toronto’s Kensington Market.
How Credit Cards Impact Small Business
The impact of using credit is mainly considered a consumer issue. However, it’s a little-known fact that businesses are charged high fees by credit card companies and banks for accepting credit cards as forms of payment. For small businesses, the charges can be particularly difficult to manage.
“Small businesses are finding it increasingly challenging to absorb the high fees they are charged by the credit card companies and banks,” said Dan Kelly, CFIB president, in a press release…
