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?
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The best credit cards in Canada for 2025 + MORE Nov 13th
Canadians have no shortage of options when it comes to selecting a new credit card. Whether you’re looking at a Visa, Mastercard, or Amex from a fintech, big bank, or credit union, we’re here to help you sort through all your choices.
To make it easier to find the best credit card for you, we.... More »
Why digital and virtual credit cards are safer than the real thing Jul 3rd
One of the biggest fears consumers have is losing a credit card, but a lost card is usually detected quickly and the account frozen. A bigger danger may lie in using your credit card to make payments online—especially if you are unfamiliar with the vendor or using a public Wi-Fi network that can b.... More »
The best GIC rates in Canada for 2026 Mar 31st
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Banking with a credit union can save on fees—but there are limitations + MORE Aug 28th
On the surface, banking with a credit union may seem a lot like a traditional bank. But it’s not.
Credit unions are similar to commercial banks in that they offer chequing and savings accounts, mortgages, business loans, online banking and registered savings plans—all for lower or no fees .... More »
Before you borrow: Navigating back-to-school financial aid in Canada Jun 26th
Each year, more than half a million Canadians take out student loans to cover tuition, books, and living costs. But according to some recent research, including a study from Royal Bank of Canada (RBC), many students are unprepared for how these loans work and how to manage repayment.
Understandin.... More »
How to consolidate debt in Canada
– moneysense.ca
With the cost of living rising in Canada, we’re seeing more people relying on credit cards to make ends meet. In Q4 of 2024, Canadians topped $124 billion in total credit card debt, and delinquency rates rose even as average monthly card spending declined, according to TransUnion. Credit card debt is expensive, with annual interest rates around 20% to 27%, and it can grow quickly if you carry a balance. In this guide, we’ll share six debt consolidation strategies, along with their pros and cons.
What is debt consolidation?
Managing multiple types of debt can be overwhelming and stressful. Debt consolidation can help you simplify it by combining two or more debts into a single monthly payment.
You have many options for consolidating debt in Canada, which we’ll explore below. The best ones for you will depend on the type of debt you have: secured or unsecured.
Secured debt: This is when you borrow money against an asset you have, such as a home or a vehicle. The asset serves as collateral for the loan, meaning that if you default on your debt payments, the lender has a legal claim on the asset…
Receive up to a 95% bonus when you buy Air Canada Aeroplan points
– RewardsCanada.ca
Air Canada Aeroplan’s latest buy points promotion provides members with the opportunity to receive up to a 95% bonus when buying points by August 2, 2025. This time the promotion does not seem to be a mystery bonus like the flash offer we saw at the start of the month and is the same bonus […]
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The post Receive up to a 95% bonus when you buy Air Canada Aeroplan points appeared first on Rewards Canada.
RWRDS Daily Update July 24: Amex Offer for dining & duty free shopping at Toronto & Vancouver Airports and a chance to win a trip to Banff with Collabria Financial
– RewardsCanada.ca
New Amex Offer for dining & duty free shopping at Toronto & Vancouver Airports and Get a credit union credit card from Collabria and be entered to win a trip to Banff!. Check out today’s points & miles updates here:
The post RWRDS Daily Update July 24: Amex Offer for dining & duty free shopping at Toronto & Vancouver Airports and a chance to win a trip to Banff with Collabria Financial appeared first on Rewards Canada.
The post RWRDS Daily Update July 24: Amex Offer for dining & duty free shopping at Toronto & Vancouver Airports and a chance to win a trip to Banff with Collabria Financial appeared first on Rewards Canada.
