Introducing the Tangerine World Mastercard – Earn up to 4% cash back + MORE Nov 28th

Tangerine Bank doubled the size of their credit card offerings today as they have released the Tangerine World Mastercard. It is the first premium card in Tangerine’s card portfolio after their pretty popular Tangerine Money Back Mastercard. If you are familiar with or have the Money Back Mastercard you’ll be familiar with this card as it isn’t too far off that first card.This new card offers the same earn rates as its entry level compatriot but adds in some extra benefits including CDW Insurance (Car Rental collision), Mobile Device Insurance and Mastercard Airport Experiences which is a complimentary airport lounge and benefits program. It also adds in Purchase Assurance and Extended Warranty which is a standard feature on pretty much all premium cards in many entry level cards in the market. What makes this new card stand out is that it provides all these new benefits with no annual fee. The card does have a annual minimum income requirement of $60,000 personal or $100,000 household…

 Great news for those of you who use Spotify! The Rewards Canada Podcast is now on the Spotify platform. You can access the Podcast here or simply search for Rewards Canada!Don’t forget to keep checking our Black Friday Cyber Monday deals page! Today we added new offers from  KLM, Korean Air, Orbitz, Ethiopian Airlines, Europcar, Rocketmiles and more!  Check it out here.Celebrate Aeroplan’s Black Friday Cyber Monday deals with our contest where you can have a chance to win 10,000 Aeroplan miles! Enter the contest here. Posts since our last update:Up to a 100% Bonus when you buy IHG Rewards Club Points until December 30 IHG Rewards Club is once again running a buy points bonus! This timed it is a tiered offer and…Introducing the Tangerine World Mastercard – Earn up to 4% cash back Tangerine Bank doubled the size of their credit card offerings today as they have released the Tangerine World Mastercard.…Only a few days left for the highest ever sign up bonus on the TD Aeroplan Visa Infinite Card Here is a friendly reminder that the current bonus of up to 40,000 Aeroplan Miles on the TD Aeroplan…November 26 Update: More Black Friday Cyber Monday deals, 5,000 Bonus Aeroplan Miles on your first Rocketmiles booking & more Don’t forget to keep checking our Black Friday Cyber Monday deals page! New offers are being added daily…

Q. My husband and I, both in our early 40s, bought a house in Toronto four years years ago. Since then, our variable rate mortgage has gone up four times and is now at 3.2%.
We have managed to pay down $150,000 of our mortgage in those four years with the extra bi-weekly payments and have $260,000 remaining. My husband would like to stop the extra payments and instead use that money to put towards a Registered Education Savings Plan (RESP) as his son heads to university in four years. I think the money is better spent on paying down the mortgage, which, at our current rate, would be fully paid off in six years, freeing up a lot of cash flow to assist with university costs; I’m also thinking we could take out a Home Equity Line of Credit (HELOC) at that time, if necessary. As interest rates keep rising I think getting the mortgage paid off as quickly as possible is the best choice. What are your thoughts?
–Caitlin
A. Caitlin, you and your husband have been diligently paying down your mortgage with amazing speed…

Canadians have an appetite for travel and, accordingly, the travel rewards credit card field is packed with competing cards. With an attractive insurance package and perks like airport lounge access, the BMO World Elite Mastercard seeks to tempt users into the BMO Rewards program. But here’s the big question: Is the card good enough to justify the $150 annual fee? We delve into what the card offers and show you exactly how it stacks up against other travel reward cards.

BMO World Elite Mastercard quick facts
BMO World Elite Mastercard*

Annual fee: $150 (waived for the first year for new members)
Rewards: 3 BMO Rewards Points per dollar on dining, travel and entertainment; 2 Points per dollar for everything else
Welcome offer: Get up to 35,000 Points and the first year’s annual fee waived
BMO Rewards Points value: 1 point = $0.007 when redeemed for travel
Income requirement: $80,000 annually or $150,000 household
Purchase interest rate: 19.99%
Best features: Airport lounge access with 4 free annual passes; BMO Points redemption on any airline without blackout dates; great rewards on everyday spending; robust insurance coverage
Who is it best for: Frequent flyers and high income earners
Also seen in: The BMO World Elite Mastercard was named one of the  best travel cards and one of the best credit cards with lounge access by MoneySense

Click here for more details about the BMO World Elite*

The BMO World Elite Mastercard

5 things you need to know about the BMO World Elite Mastercard
How do I redeem my BMO Rewards?
What are BMO Rewards Points worth?
What are the best ways to benefit from this card?
Are there any drawbacks to the BMO World Elite Mastercard?

5 things you need to know about the BMO World Elite Mastercard

The card lets you collect BMO travel rewards
The BMO Rewards program allows you to earn BMO Points on your credit card purchases, redeemable for travel expenses such as flights (including all taxes), hotels, cruises and vacation packages…