How Deferring Mortgage Payments Could Affect Your Credit Score + MORE Apr 14th

Astronomers Detect Brightest Supernova on Record  ExtremeTechScientists discover most powerful supernova ever – study  DW (English)Scientists Observed the Biggest Supernova Ever Seen in the Universe  VICEWeird star explosion is brightest supernova ever seen  Livescience.comBoom! Distant star explosion is brightest ever seen  Space.comView Full coverage on Google News

Astronomers Detect Brightest Supernova on Record  ExtremeTechScientists discover most powerful supernova ever – study  DW (English)Scientists Observed the Biggest Supernova Ever Seen in the Universe  VICEWeird star explosion is brightest supernova ever seen  Livescience.comBoom! Distant star explosion is brightest ever seen  Space.comView Full coverage on Google News

Rexall has brought back the sign up bonus for preregistering for their loyalty program that will launch on May 1. With today’s news we now know it will be called Be Well and it will replace AIR MILES as the loyalty program for Rexall. We first brought you the details of the program back in February and the new offer is the same as the one in February whereby you preregister for the program and they’ll award you 10,000 points when it launches. Those 10,000 points are worth $4. If you haven’t preregistered already you are eligible to earn this bonus now as long as you sign up by April 29. Find out more and preregister here.Best Western has finally published a COVID-19 cancellation policy. Prior to this they were leaving it up to each individual hotel as to what they wanted to do with non-refundable/non-cancellable reservations. They have now set in place a policy for their locations in Canada, the U.S. and Caribbean as follows:The policy applies to any reservation for any future arrival date…

For the past few weeks, we’ve become accustomed to Prime Minister Trudeau’s daily update from Rideau Cottage in Ottawa. To help ease the economic impact of the COVID-19 pandemic, the government has put forward several measures intended to support those who have lost their jobs due to the outbreak.
With tens of thousands of Canadians suddenly and unexpectedly facing unemployment, the country’s banks also stepped up to provide short-term relief for those now unable to make their upcoming mortgage payments. This relief comes in the form of a mortgage payment deferral plan to help unemployed workers get through the next few months.
Mortgage Deferral Program Highlights
The Canadian Bankers Association recently provided updated information regarding the program on the CBA website. The plan allows for mortgage holders impacted by the COVID-19 crisis, and who are not currently in arrears, to apply for a deferment of their mortgage payments. Some financial institutions are also offering a similar arrangement for other loan payments, including credit card debt…

American Airlines is the last of the big 3 U.S. airlines to come out with details for the elite status portion of the AAdvantage program. Like most airline and hotel programs American is now offering extensions to those who currently hold elite status. On top of that they are providing a reduced qualifying structure to account for the lower demand in travel, extending the validity of upgrade vouchers and more.Here are the details as provided by American:Extending elite status for AAdvantage members until Jan. 31, 2022. Reducing elite status qualifications for 2020. Extending Admirals Club® memberships purchased from American for 6 months.* Introducing up to $400 special credits for future travel on American Airlines Vacations packages for elite members.** Every dollar spent on an eligible AAdvantage co-branded credit card through the end of 2020 will count for one mile toward Million Miler℠ status. Award reinstatement fees waived for travel through September 2020.Elite Status ExtensionIf your current elite status expires on January 31, 2021, we’ll automatically extend the expiration date until January 31, 2022…