Awesome deal! Earn 6,500 bonus points per night for stays at the Josie Hotel, Autograph Collection in Rossland B.C. + MORE Jun 16th
Receive an 80% bonus when you buy Air Canada Aeroplan points + MORE Nov 22nd
Air France KLM Flying Blue World Elite Mastercard is officially here + MORE Oct 27th
American Express Cobalt Card: 24 new confirmed multiplier locations + MORE Jan 20th
The best GIC rates in Canada for 2025 Mar 24th
How to lower your credit card interest rate
– moneysense.ca
While you should strive to pay your credit card bill in full every time, let’s face it: sometimes life gets in the way. An emergency, an unexpected expense or even lingering holiday debt can throw your best credit card practices into disarray and leave you carrying a balance.
Typical credit cards charge an annual interest rate (AIR) of 19.99% or higher, which is a steep price to pay for a balance carried on a card. And compound interest—interest charged on your interest—can have a snowball effect on your outstanding debt. Here’s how to avoid high interest charges on your credit cards.
Credit card interest: What’s the big deal?
If you never miss a payment or carry a balance on your credit card, the card’s interest rate won’t affect you. But if you occasionally need extra time to pay down your debt, the interest rate on your credit card is a big—and compounding—deal.
To better understand compound interest, let’s look at a simple example. Imagine you owe $10 and your interest rate is 20% per month…
A trio of new Amex Offers released today from Wayfair, Hello Fresh and Canlan Sports
– RewardsCanada.ca
Three new Amex Offers were revealed today for using your American Express card at Hello Fresh, Wayfair and Canlan Sports. Personally I received both the Hello Fresh and Canlan offers on my Platinum Card and received the Wayfair offer on my Cobalt Card. Here are the offers:Hello FreshSpend at least $70 in qualifying meal kit subscription purchases using your registered Card at www.hellofresh.ca/amex7 by 02/08/2022 and earn a one-time $20 statement credit. Registration cap applies. Terms apply. You can cancel your subscription at any time. Wayfair:Spend at least $75 in qualifying purchases using your registered Card at www.wayfair.ca/amex by 30/06/2022 and earn a one-time $15 statement credit. Registration cap applies. Terms apply.Canlan Sports:Spend at least $300 in qualifying purchases using your registered Card at participating Canlan Sports™ location(s) or at www.canlansports.com by 30/09/2022 and earn a one-time $75 statement credit. Registration cap applies. Terms apply.Simply log in to your Amex account or go onto the Amex app to see if these offers have been sent to you and to register for them…
Here’s your Rewards Canada Daily update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. Today’s update is brought to you by the HSBC High Rate Savings Account with which you can enjoy a total annual interest rate of up to 2.65% on new deposits± Click here to learn more about this offer A new batch of Visa Infinite Privilege dining and stay offers were released this month. This time the new dining offers are in Halifax, Calgary Toronto an more. Here are just some of the new offers available exclusively to these Ultra Premium credit cards: Bar Sofia, Halifax Thursday Jun 9, 6:30 p.m. $200 per person† In-Person Dinner (Includes food, wine, cocktail, and gratuity; taxes extra.)Stay 3 nights or more at The Towers at Lotte New York Palace and enjoy every 3rd night free.Calcutta Cricket Club, Calgary Tuesday Jun 14 Wednesday Jun 15 Thursday Jun 16 $55 per person† Prix Fixe Menu (Includes menu as noted, gratuity & ticketing fees; taxes extra…

