How to go about securing the best rate and plan for your credit card in Canada.
Latest News
A redesign is coming—and we can’t wait to show you + MORE Apr 20th
We have exciting news: MoneySense will be getting some upgrades. The core of what we do will stay the same—we’ll continue to bring you high-quality content from the best financial experts in Canada—but we’ll have a fresh new look.
Why are we changing?
We want you to have the best p.... More »
The credit cards to consider getting right now - September 2022 + MORE Sep 1st
We continue our monthly feature where we recommend a card to consider applying for right away during the course of the current month. How do we pick which card should be highlighted? We'll look at numerous factors however in most cases it will primarily be due to the limited time offer on.... More »
RWRDS Daily Update Nov 20: Earn 3x Stash Rewards Points at Fairways Hotel on the Mountain (near Victoria B.C.) Nov 21st
Earn 3x Stash Rewards points at the Fairways Hotel in Langford, B.C. and Receive 250 bonus Air Canada Aeroplan points when redeeming for a gift card. Check out today's points & miles updates here:
The post RWRDS Daily Update Nov 20: Earn 3x Stash Rewards Points at Fairways Hotel on the Mountain.... More »
Money management: What to do when COVID-19 debt payment deferrals are over + MORE Apr 1st
You remember last year when credit card companies and other financial institutions offered payment deferrals for people who needed the help? Well, those payments are coming due.
Beth works in real estate, and deferred both her credit card and mortgage payments for six months last year, after the C.... More »
airmilesshops.ca offering 10x Rewards Miles for early Black Friday shopping + MORE Nov 26th
AIR MILES has also started their Black Friday Cyber Monday celebration with a sitewide bonus miles offer. Their Early Access Black Friday promotion is offering 10x Reward Miles sitewide for any retailer that you shop at via airmilesshopss.ca.Learn more about this promotion here!This offer is great i.... More »
Air France KLM Flying Blue Promo Awards – Save 25% on award tickets between Montreal or Toronto & Europe
– RewardsCanada.ca
The newest set of Air France KLM’s Promo Awards went live today and for us Canadians this set has two cities they serve in our great country! With promo awards the discount ranges from 25 to 50% off the regular amount of miles required to redeem for these flights. As you can see just by the discount this can be a very good offer if you get 50% off for Business Class! However for us here in Canada we don’t get any 50% offers once again but we do get 25% off which can definitely be utilized by some! So while 25% isn’t as good as 50% of course, it still is something to look at if you were planning travel in the first two months of the year.Offer Details:February Promo Awards – Save 20% to 50% on the Award Miles usually required for an award ticket. Destinations vary by each promotional period. Full Details Book by Feb 28 for travel Apr 1 – May 31, 17Here are the Canadian offers available for booking this month for travel in April & May:Don’t have all the miles? You could always consider transferring Starpoints earned via the Starwood Preferred Guest Credit Card from American Express to Flying Blue…Incompetence Is the Norm
– online.wsj.com
Amid Trump’s visa storm, a German reminder of what bad policy looks like.CFPB levies $13 million in penalties for RushCard outage
– creditcards.com
UniRush LLC and Mastercard failures in botched system conversion amount to breach of consumer protection law, agency charges
How to help kids build credit before age 18
– creditcards.com
Adding a child as an authorized user to a parent’s card is easy to do
Air Miles drops value of some points
– moneysense.ca
Now you’ll need more Air Miles to redeem vacation or cruise packages in the Dream category, according to CBC News.
The value of miles in that category has been lowered by around 20%, as discovered by some surprised and angry collectors.
Allison Peters told the CBC that the $11,000 worth of Air Miles she had collected for a trip to Mexico was worth $9,000 by the time she called the company to book the reward.
So, if you’d been eyeing a vacation in the rush to book before the Dec. 31 expiry date, that same reward is probably a lot more expensive now.
However, there is a silver living. If you’ve already talked to an Air Miles customer service rep before the pricing change, you can call in again and your previous value quote will be honoured, says Air Miles spokesperson Natasha Lasiuk.
Still, they’re only making this concession until Feb. 11, 2017 so act fast if you want to book a vacation or cruise with your miles.
Some say that loss of revenue is one reason Air Miles are being devalued…
The value of miles in that category has been lowered by around 20%, as discovered by some surprised and angry collectors.
Allison Peters told the CBC that the $11,000 worth of Air Miles she had collected for a trip to Mexico was worth $9,000 by the time she called the company to book the reward.
So, if you’d been eyeing a vacation in the rush to book before the Dec. 31 expiry date, that same reward is probably a lot more expensive now.
However, there is a silver living. If you’ve already talked to an Air Miles customer service rep before the pricing change, you can call in again and your previous value quote will be honoured, says Air Miles spokesperson Natasha Lasiuk.
Still, they’re only making this concession until Feb. 11, 2017 so act fast if you want to book a vacation or cruise with your miles.
Some say that loss of revenue is one reason Air Miles are being devalued…
