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
Credit card fraud victims who fought back - CreditCards.com + MORE Jan 5th
Oftentimes, card thieves are not held accountable for their crimes. These victims made sure they were..... More »
Air Canada Aeroplan Black Friday offers from LCBO, Uber Eats & Starbucks + MORE Nov 23rd
Air Canada Aeroplan has more Black Friday offers that went live today from their everyday partners: LCBO: WIN 1 OF 4 Flight Packages! Earn on any bonus product in store or online and be entered for a chance to win 1 of 4 round-trip tickets for two anywhere Air Canada® flies. Ends Nov 23, 2023. [.... More »
Personal Loan Vs. Line of Credit: Which Should I Get? + MORE Dec 23rd
In today’s ever-evolving market of loan products, it can sometimes feel like there are too many options to choose from – and each with its own complex fine print. Obtaining a line of credit or personal loan from a bank or lender has been a common way for Canadian consumers to get a cash injecti.... More »
March 5 Update: Air Canada & Aeroplan offer change fee waivers, Hyatt Place Toronto/Mississauga Centre set to have opening bonus points plus earn bonus Marriott points in Ottawa and Vaughan Mar 6th
Air Canada and Aeroplan have now officially released details on flight change fee waivers that follow in the footsteps of what many U.S. airlines are doing to encourage consumers to book sooner than later. Find out more here. When you purchase a ticket between March 4 and March 31, 2020, Air Can.... More »
RWRDS Daily Update – October 18 + MORE Oct 19th
Here’s your Rewards Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. Marriott Bonvoy cuts transfer bonuses for three airlines Marriott Bonvoy continues with more modifications to their program. The latest comes in the points to miles.... More »
12 Months to Being Debt Free – August
– ratesupermarket.ca
With only five months left in our 12 months to being debt free challenge, some of you may be hitting a wall in your debt repayment journeys. If the reason behind this is because a big chunk of your repayment goes towards interest every month, then you should consider taking steps to reduce the amount of interest you’re paying.
How do you do that? There are actually a number of ways to cut your interest significantly and accelerate your repayments. I’ll look at some of the most common strategies to help you figure out which is right for you and can help ensure you meet your goal of becoming debt free before you ring in 2017.
Ask for an Interest Rate Reduction
The easiest way to reduce the amount of interest that you’re paying is to simply ask for a rate reduction. Sometimes credit card companies and loan servicers are willing to reduce your interest rate as an act of goodwill – especially if your credit has improved significantly since you originally applied for the credit card or loan and you’ve been making all your payments on time…
First National Bank of Omaha refunds $27.75 million for add-ons
– creditcards.com
Misleading marketing of credit card add-on products that did not deliver what they promised brings regulatory action
MoneySense magazine: Sept/Oct 2016
– moneysense.ca
MoneySense magazine: Sept/Oct 2016Volume 18, Number 6
Download the MoneySense app to read this issue on your tablet or smartphone, it’s free for subscribers!
You can also find issues of MoneySense magazine along with 100+ other titles on the Texture app. Start your 30-day free trial now!
Below is just some of what you’ll find inside this latest issue.
How not to raise money monsters
Canada’s Best Credit Cards 2016
Unlock your loyalty riches
To hell with this housing market
Editor’s Letter
Talk
Let’s meet a MoneySense Approved Advisor: Julia Chung
Start
The tuition always rises, Send airline fees packing, 5 things your plumber isn’t telling you
Ask Bruce
How to find investment courses
Plan
Welcome to the new CPP, Am I on track?
Family Profile
By: Julie Cazzin
Retired Money
By: Jonathan Chevreau
Invest
Risk + Return, Portfolio Fix, Index Investor, Value Hunter, Do the Math
Confide
Author, model and host of Top Chef, Padma Lakshmi on her first job
The post MoneySense magazine: Sept/Oct 2016 appeared first on MoneySense.
New credit card has so-so terms? You have choices
– creditcards.com
If the rate is too high or the credit limit too low, you have more options than just sitting and fuming
Half of college students aren’t checking their credit reports
– creditcards.com
Many Americans 18-24 are wielding credit cards responsibly, but there’s a need for more credit education, a new Equifax study and money experts say.
