January 15 Update: Further BMO card changes, 75 Bonus AIR MILES via Travel Hub and more + MORE Jan 15th

Early today we released the details of the updated BMO Rewards World Elite Mastercard whose program changes went into effect today. It wasn’t the only BMO card changing. Also today the BMO AIR MILES World Elite Mastercard now only offers a 15% discount when redeeming AIR MILES for flights in North America,which is down from 25%. The limited time sign up offer of 3,000 Bonus AIR MILES and first year free does remain however. The other card that changed as well is the BMO AIR MILES Mastercard with no fee – it still has the 500 AIR MILES sign up offer but gone is the 3x miles for the first few months of having the card and is replaced with a 1.99% introductory interest rate on Balance Transfers for 9 months. You can find all these updates on our BMO page. Posts since our last update: BMO World Elite Mastercard changes come into effect today but with a higher sign up bonus of 35,000 points & still first year free The news around the BMO World Elite Mastercard changes that came out in November has been met with disdain by…Travel Deals Remember to visit Rewards Canada’s Travel Booking siteto book travel directly with many of your favourite airlines, hotels and more! Canadian Bonus Offers AIR MILES – 75 Bonus AIR MILES Reward Miles on your next hotel booking made via the AIR MILES Travel Hub…

The news around the BMO World Elite Mastercard changes that came out in November has been met with disdain by most if not all of the cardholders. This is based on the emails we have received and the comments posted on our post detailing the change. You can read that post and all the comments here.One thing we have been wondering and asked before is whether the sign up bonus on the card will remain the same at 20,000 points or if it would be increased due to the lower base value of the BMO Rewards Points. Well the good news is that the bonus has been increased and is actually more valuable than on the old version of the card! That being said, don’t be swayed by that as they are just trying to make for the lower overall earn on the card. The new sign up bonus is 35,000 points when you spend $3,000 on the card in the first three months of having it. More points yes but now you have the spend requirement. For most people who apply for this card, the $1,000 a month for three months should be easily achievable…

Under certain circumstances and with the right approach, cardholders may be able to have their interest rates, account fees or even their balances lowered.

Christmas has already come and gone and today we’re honouring Blue Monday, the (unofficially) most depressing day of the year. The day is calculated by factoring in things such as weather and, yes, debt level as people start to receive their credit card statements from December.
Maybe this year you – and your wallet – are feeling the blues from a holiday season of high-spending. Paying down your credit card debt may currently be your number one priority and your new year’s resolution is to be more fiscally responsible. So, instead of leaving your holiday planning to last minute and putting everything on credit, you’re going to plan ahead of time… starting now! It may sound unrealistic – who starts planning for Christmas is January? – but the only way to avoid a hangover is by taking preventative measures. Drink a lot of water and follow these simple steps to never have debt-plagued January again.
Use last year’s spending to plan this year’s budget
You have all of the receipts and bills in front of you, so now is the best time to review exactly how much you spent on gifts, food, and other expenses over the holiday season…

(AP Photo/J. Scott Applewhite, Pool)
The revelation that no passengers died in commercial jet crashes anywhere in the world in 2017 came as a happy surprise at the end of a turbulent year. What wasn’t a surprise? That President Donald Trump took the credit with a ‘you’re welcome’ tweet saying he’d been “very strict” with the airline industry. Never mind that Trump’s boast didn’t hold up to any level of scrutiny. It was one more reminder that if there’s a spot of good news on offer in the world, Trump will claim it’s because he’s president.
That’s especially the case when it comes to the U.S. economy. Every positive employment report or new stock market high during the first year of his presidency has brought with it rounds of self-congratulation. Consider this exchange, when Fox News’s Laura Ingraham invited Trump to tell viewers just how fantastic he’s been for the economy.
INGRAHAM: Look at the economy…