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
Mobile payments could make spending sprees too easy + MORE May 16th
OTTAWA – Technology is making buying things easier, but credit counsellors want you to remember that paying for them is still as difficult as ever.
Jeff Schwartz, executive director of Consolidated Credit Counseling Services of Canada, says the ease with which consumers can buy things these days c.... More »
Top Travel Credit Card Sign Up offers for March - These cards provide the most value out of their welcome bonuses + MORE Mar 11th
Here are the Rewards Canada Top Travel Credit Card Sign Up offers for the month of March 2022! 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 .... More »
October 30 Update: Amex introduces online insurance claim submissions, 250 points for joining SCENE, WestJet adds St. John's-Ft. Lauderdale flight + MORE Oct 31st
American Express has taken a great step for their cards that offer insurance benefits! Now you can submit claims for some of the most commonly used coverages online. The first three insurance claims you can submit online are Buyers Assurance (the extension of manufacturer's warranty), Purchase P.... More »
April 27 Update: Share your hotel award night finds, Seniors' Bonus Day at Shoppers Drug Mart on April 29 & Novotel Toronto Centre closed for renos + MORE Apr 27th
Here's your Rewards Canada Daily update! Your daily dose (or near daily dose) of loyalty program, credit card and travel news, bonuses, deals and more. Hey Rewards Canada readers! Let us know about your Marriott Bonvoy award night finds in Canada or other hotel programs for that matter! Ye.... More »
Minimizing score damage after a charge-off + MORE Sep 10th
Having credit card accounts closed and charged off will cause a huge credit score drop, and it could get worse if you don't take steps.... More »
On-time payments cure the stinkiest credit
– creditcards.com
With not much credit or income, a reader’s best ally is time and a lengthy series of on-time payments, says Erica
Good news, bad news
– macleans.ca
The ball’s in their court: Children play a game of soccer on Rio de Janeiro’s Ipanema beach as the 2014 FIFA World Cup nears its kickoff in Brazil. Jamie Squire/Getty ImagesGood news
Joltin’ Joe?
All credit to federal Finance Minister Joe Oliver for uncorking over the indebtedness of Ontario and Quebec. It was high time someone acknowledged that borrowing costs in Canada’s two largest provinces are jeopardizing the country’s economic recovery and— judging by Ontario’s recently tabled, red-ink budget—some provincial leaders remain oblivious to the danger. Oliver will take heat for speaking out in the middle of Ontario’s election campaign, but let’s dispense with the ninnyish idea that complex, pressing issues are best left until after voting day. Now, more than ever, is the time to air them.
Dying graciously
Quebec became the first province in Canada to pass right-to-die legislation. Under the law, terminally ill patients “in an advanced state of irreversible decline” can seek medical aid to end their lives…
Good news, bad news
– macleans.ca
The ball’s in their court: Children play a game of soccer on Rio de Janeiro’s Ipanema beach as the 2014 FIFA World Cup nears its kickoff in Brazil. Jamie Squire/Getty ImagesGood news
Joltin’ Joe?
All credit to federal Finance Minister Joe Oliver for uncorking over the indebtedness of Ontario and Quebec. It was high time someone acknowledged that borrowing costs in Canada’s two largest provinces are jeopardizing the country’s economic recovery and— judging by Ontario’s recently tabled, red-ink budget—some provincial leaders remain oblivious to the danger. Oliver will take heat for speaking out in the middle of Ontario’s election campaign, but let’s dispense with the ninnyish idea that complex, pressing issues are best left until after voting day. Now, more than ever, is the time to air them.
Dying graciously
Quebec became the first province in Canada to pass right-to-die legislation. Under the law, terminally ill patients “in an advanced state of irreversible decline” can seek medical aid to end their lives…
How young adults can use credit safely
– creditcards.com
One of the first lessons of young adulthood: it’s much easier to get into debt than get out of it. We look at some of the pitfalls young people fall into with credit and how to avoid them
Canadian Credit Cut Fears – A Concern or a Political Play?
– ratesupermarket.ca

The governing Federal Conservative party says it doesn’t want to get involved in the affairs of a provincial election. But on the week Ontarians go the polls, the Federal Finance Minister has stated Ontario is one of the biggest threats to Canada’s economic reputation.
One of the government’s main concerns is the overall credit rating of Canada, or any other province, being cut by one of the major agencies like Moody’s or S&P, as a result of Ontario’s fiscal situation. Should Canadians be concerned about their cost of borrowing – or are these reports part of a political play?
Pointing the Finger
Speaking at an international economic conference in Montreal, Finance Minister Joe Oliver stated his government is projecting a $6-billion dollar surplus by 2015-2016. However, he added, “Canada cannot achieve its potential if its biggest provinces are lagging economically.” He is referring to both Quebec and Ontario; both provinces have been pummelled by the slowdown in manufacturing and exports over the last five years…


