The “Big Five” Canadian banks offer credit cards and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Did you know that there are many other options?
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Top Cash Back Credit Card Sign Up offers for June - These cards provide the best value out of their welcome bonuses + MORE Jun 6th
Here are Rewards Canada's Top 5 Cash Back Credit Card Sign Up offers for the month of June 2022. This is not a 'best' credit card list like our Top Cash Back Credit Card rankings but instead a look at cards that have very good acquisition (welcome/sign up) offers. As always when choosing a .... More »
Best Kids Bank Accounts: How to Help Your Child Start Saving Today + MORE Nov 8th
One of the best ways to set your child up for financial success early on is by opening them a youth bank account. With their account, you can begin to teach them important personal finance lessons, such as careful budgeting, smart saving, and mindful spending.
You may think that all youth savings ac.... More »
January 21 Update: Double Accor ALL Rewards points for stays in Canada, the U.S., Mexico and Panama, Rewards Canada Podcast now on YouTube & Budget extends Fastbreak status?!? + MORE Jan 22nd
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. This update is brought to you by the HSBC +Rewards Mastercard which is currently offering a welcome bonus of up to 30,000 bonus poin.... More »
Aeroplan Availability Alert: Business Class awards from San Francisco to Tahiti on United (with connections from Canada) + MORE Aug 25th
As posted earlier this week by The Points Guy there is quite a bit of availability this fall for award flights on United Airlines between San Francisco and Papeete. Since United is a Star Alliance member you can use your Aeroplan points to redeem for these flights. There is amazing availabil.... More »
Air Canada Signature Suite in Vancouver set to open on March 14 + MORE Mar 14th
Last night Air Canada gave a sneak peek of its brand new Signature Suite in Vancouver to the media and we now know the new lounge will open on March 14. This will be Air Canada's second Signature Suite in their business class lounge network after the one in Toronto which debuted in 2017.Recommended .... More »
July 13 Update: Aeroplan adds Budget as a redemption partner, Air France Fall seat sale with fares from $799 + more!
– RewardsCanada.ca
News, Tips & Tricks Aeroplan has enhanced and expanded the ability to redeem miles for car rentals with the addition of Budget and more flexibility with the bookings: As part of our commitment to bringing members the best travel experience we can, we’ve made some changes to our car rental rewards. Here’s what members can expect: More choice In addition to Avis, members can now redeem for Budget car rentals online at aeroplan.com. With over 3,000 Budget rental locations throughout Canada, US, Latin America, and Europe, we’re giving members more choice and flexibility when it comes to finding a car that fits their plans. (And don’t forget, members can earn 100 miles every time they redeem for a Budget car rental). Additionally, members can redeem for one-way rentals with Avis and Budget, by simply choosing to return their vehicle at a different location than the original pick-up location. More flexibility Members can now cancel up until their scheduled pick-up time, and their miles will be refunded at no cost…Q&A: Closing maxed-out card won't lower credit utilization
– creditcards.com
Closing a card will never lower your credit utilization or help your score by any other means. But paying off card debt while keeping the card open will.
Infographic: In divorce, women's credit suffers more
– creditcards.com
More than half of recently divorced women said their credit score tanked during marriage, compared to just 42 percent for men
Home Capital names Yousry Bissada, veteran of mortgage industry, as new CEO
– canadianbusiness.com
A veteran of the Canadian financial services and mortgage industry has been appointed the next CEO of Home Capital Group Inc., which is working to restore investor and customer confidence after the company appeared to be on the brink of collapse earlier this year.
Yousry Bissada, 57, will join the Toronto-based alternative mortgage lender on Aug. 3.
The announcement comes three weeks after Home Capital (TSX:HCG) earned a vote of confidence from famed American billionaire Warren Buffett, whose Berkshire Hathaway is investing in the company and providing much needed funding.
Berkshire Hathaway has agreed to buy up to $400 million in stock _ about 39 per cent Home Capital’s total equity _ and provide a $2 billion line of credit to offset cash that Home Capital customers have withdrawn from their savings accounts.
One of Bissada’s top priorities will be to select a new chief financial officer as Home Capital, the country’s largest supplier of alternative mortgages, undergoes sweeping changes to its senior management team and board of directors…
Yousry Bissada, 57, will join the Toronto-based alternative mortgage lender on Aug. 3.
The announcement comes three weeks after Home Capital (TSX:HCG) earned a vote of confidence from famed American billionaire Warren Buffett, whose Berkshire Hathaway is investing in the company and providing much needed funding.
Berkshire Hathaway has agreed to buy up to $400 million in stock _ about 39 per cent Home Capital’s total equity _ and provide a $2 billion line of credit to offset cash that Home Capital customers have withdrawn from their savings accounts.
One of Bissada’s top priorities will be to select a new chief financial officer as Home Capital, the country’s largest supplier of alternative mortgages, undergoes sweeping changes to its senior management team and board of directors…
