Installment plan or credit card? Get the best of both for big-ticket purchases + MORE Sep 23rd

All about Canadian credit cards. Learn the ins and outs and get the latest news.
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What Is Identity Theft and How to Protect Yourself From It? Jul 1st

Incidents of identity theft have been steadily increasing over the past few years. It is more important than ever to protect yourself from fraud. There are many ways in which you can prevent having your identity stolen. And specific steps you will want to take in case you are ever the victim of iden.... More »

This Week in RWRDS: January 27 – February 2, 2024 + MORE Feb 2nd

This week we have a new Clash of the Credit Cards, we look at the cards that are best for everyday spend, discuss the new Marriott promo 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: The [̷.... More »
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Marriott Bonvoy™ Business American Express® Card Review + MORE Mar 17th

 Falling into the Rewards Canada "Hotel" category the consumer version of this card used to always take top spot in that category in our annual credit card rankings. However with the demise of most hotel credit cards in Canada we no longer have a hotel category. However the consumer version.... More »

RWRDS Daily Update – October 27, 2023 + MORE Oct 28th

Earn up to 3x points when you dine at the Shangri-La Toronto or Vancouver, Earn 5x points on Apple purchases made via the Aeroplan eStore & a new Amex Offer for Oceania Cruises. Check out today's points & miles updates here: The post RWRDS Daily Update – October 27, 2023 appeared first o.... More »
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January 19 Update: New welcome offers for the TD Aeroplan Visa Platinum & Business cards, bonus Aeroplan points for opening TD accounts & an Amex Offer for Mr. Lube + MORE Jan 20th

Here's your Rewards Canada Daily update! Your daily dose (or near daily dose) of loyalty program, credit card and travel news, bonuses, deals and more. Yesterday we let you know about the new welcome offer on the TD Aeroplan Visa Infinite Card but didn't go into the two other TD Aeroplan welcome.... More »
A reminder to get on the waitlist for the new American Express® Aeroplan®* Cards to score extra Aeroplan pointsThis post was sponsored by Amex Bank of Canada. The views and opinions expressed in this blog, however, are my own. American Express is not responsible for maintaining or monitoring the accuracy of information on this website. Back on August 26 we brought you the details of the new suite of American Express Aeroplan Cards and we wanted to remind you of the waitlist offer they have for their new cards. In case you missed our original post or just skimmed over it you may have missed the news that you can earn an extra bonus on top of the welcome bonus that will be offered on the cards by joining their waitlist. The Waitlist Offer is simple – you provide your email address and then you will be sent a special code once the cards are available.  The offer you’ll receive will be as follows (remember this is over and above whatever the new welcome bonus will be)The Waitlist Offer is valid for eligible applications received by American Express by December 31, 2020 through the link and RSVP code provided in the waitlist email that you will receive once you sign up…

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Before credit cards were widely accepted as a way to pay for things people couldn’t immediately afford, there was the installment plan. A what, you might ask? An installment plan is a form of credit where, rather than paying a lump sum, you commit to paying for the purchase in smaller amounts within a specific amount of time, and interest is applied either during the pay-down period or if you miss a payment.
Who offers installment plans in Canada
Installment plans date back as far as the 1920s and, in the last several years, installment plans have had quite the resurgence with fintechs like Square, Sezzle and Affirm offering this service, and partnering with many major retailers to allow their customers to buy now and pay later. (Square, however, has currently paused their installment payment program during the COVID-19 pandemic). Among Canadian options, PayBright lets approved Canadian consumers pay using an installment plan at participating retailers like The Source and Samsung, and CIBC launched its CIBC Pace It feature on credit cards allowing for low-interest installment payments on eligible credit card purchases in September 2019…

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