How to go about securing the best rate and plan for your credit card in Canada.
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RWRDS Daily Update April 16: Platinum Card International Airline Program now includes Austrian Airlines & Emirates + MORE Apr 16th
The International Airline Program for Platinum Amex cards now includes Austrian, Brussels Airlines & Emirates, new Amex Offers statement credit for Estee Lauder and American Airlines adding free in flight Wi-Fi. Check out today's points & miles updates here:
The post RWRDS Daily Update Apr.... More »
RBC sets out timeline for the HSBC transition and they aren’t wasting any time (Updated Jan 19) + MORE Jan 19th
RBC has laid out a timeline for the transition of banking products from HSBC to RBC and they aren’t wasting any time with the migration! January 19: One more update listed below of unconfirmed details that select HSBC credit card holders will receive Avion credti cards with extra benefits and/.... More »
Vote for your favourite credit cards and loyalty programs in Canada’s Choice 2025! + MORE Oct 2nd
This is where, you, the Canadian consumer get to vote for your favourite credit cards and loyalty programs in Canada!! Voting is quite simple, once you click the voting icon or link below you will be asked to select one card or loyalty program in each one of our 12 categories (or none at all [….... More »
This Week in RWRDS: January 20 – 26, 2024 Jan 27th
This week we look at the return of the best ever bonus on the RBC Avion Visa cards, reveal Marriott’s new hotel openings in Canada for 2024 and more in our weekly credit card and loyalty rewards newscast! Watch This Week in RWRDS here: Listen to This Week in RWRDS here: Topics of discussion: I.... More »
Buy or gift Aeroplan Points with up to an 85% bonus + MORE May 10th
Aeroplan's has come out with another buy or gift points promotion where you can earn up to an 85% bonus. This tiered offer sees bonuses ranging from 50% to 85% dependent on how many points you buy. This offer runs until May 20, 2022 and allows members to buy up to 500,000 points per transaction .... More »
Loyalty Lesson: The first points & miles credit card you should get
– RewardsCanada.ca
We released a new feature today on the main Rewards Canada site for those of you who are new to the world of points, miles, cash back and loyalty rewards in general. This feature takes a look at the first credit card you should consider getting to get yourself started down this rabbit hole! The great thing about this card is it is perfect to get before you have even started to learn about and research loyalty programs. It covers the best of the best for earning, burning, value and more and thus it gives you a head start to collecting points while you begin to educate yourself and learn what reward or rewards will be best for you.While aimed at newcomers I personally feel this article even drives home the point (sorry can’t stray away from that word) for all levels of points and miles enthusiasts of having this card in your wallet – whether you are a beginner or an expert. With the American Express Cobalt® Card you have all your bases covered. Travel, cash back, frequent flyer & guest programs and more…Earn up to 105,000 bonus Aeroplan Points with the TD® Aeroplan® Visa Infinite Privilege* Card
– RewardsCanada.ca
This past March TD came out with new welcome offers on most of their credit cards including the TD® Aeroplan® Visa Infinite Privilege* Card. For this card they went away from the Buddy Pass offer and moved to an all points offer. That offer provides up to 105,000 bonus Aeroplan points which is a new record high offer in terms of the number of points awarded. You have to apply online to get this bonus and there is just over a month left to get in on it as it is scheduled to end on May 29, 2022. This offer is not available for residents of Quebec. For Quebec residents, please click here.Once approved you’ll get 20,000 points right off the bat when you make your first purchase on the card. Then you will earn 8,500 bonus Aeroplan points per month when you spend $1,000 each month for the first 10 months up to a total of 85,000 additional Aeroplan points. As we value Aeroplan points at no less than 1.5 cents each those 105,000 points are worth a minimum of $1,575 ($976 if you subtract the annual fee) However most Aeroplan members should be able to extract more value than that especially if redeeming for business or first class flights…
Earn up to 5x points at select retailers with the Aeroplan eStore Mother’s Day event
– RewardsCanada.ca
To celebrate Mother’s Day, Aeroplan is offering up to 5X points for shopping at select retailers via the Aeroplan eStore. The offer runs until May 8 and includes retailers such as Sephora, The Body Shop, Simons and more. The offerEarn up to 5x Aeroplan Points on all eligible purchases made at select retailers via the Aeroplan eStore. Valid until May 8, 2022. Click here to check out the eStore 5X points Mother’s Day offer Not only can you earn the 5x points per $1 spent via the eStore you can also earn extra points via the end retailer’s loyalty program (Indigo Plum Rewards, Sephora Beauty Insider, etc.) and also whatever points or miles you earn on the credit card you use to make the purchase. Since we’re talking Aeroplan, you might as well boost your balance by using an Aeroplan co-brand card! I cosigned a motorcycle loan and the owner passed away. What are my obligations to the bank?
– moneysense.ca
A MoneySense reader writes:
Help! I cosigned a motorcycle loan and then the owner passed away. Can you explain what my obligations are to the bank? Will my credit rating be affected? What are my next steps? – Amber
What to know about cosigning a loan
Anytime you co-sign for a loan, you’re automatically entering into a financial obligation as if it was your own.
In your case, depending on how the loan was structured, as the co-signer, you may or may not have the title to (legal ownership of) the motorcycle. You will need to check with your creditor to determine your level of responsibility.
As the other party to the loan has passed away, the lender will likely contact both you and the estate representative to make arrangements to ensure that loan payments continue to be made, as you are equally 100% responsible for the loan.
As a result, I recommend that you work with the estate representative to discuss how they would like to proceed in paying out the debt as part of their responsibilities in settling the estate…
