All about Canadian credit cards. Learn the ins and outs and get the latest news.
Latest News
January 14 Update: IHG point changes delayed to January 25, Earn up to 500 bonus AIR MILES for booking flights via Redtag & more! + MORE Jan 15th
Last week we brought you the details of the IHG hotels that were changing categories (28 in Canada) and there is some good news in that it has been delayed to January 25 instead of today. The PDF of the list of hotels affected now states the 25th as the date the changes will take place. That giv.... More »
Payment processing firm cuts Amex credit card interchange fees by 50% for small businesses + MORE Mar 5th
The Canadian Federation of Independent Business has struck a deal to get its members much lower fees on credit card purchases when customers pay with an American Express card and use..... More »
Obama Urges Calm in Face of Crises in Ukraine and Syria - New York Times + MORE Aug 29th
New York TimesObama Urges Calm in Face of Crises in Ukraine and SyriaNew York TimesPresident Obama said at a news conference that while he would continue to pressure Russia, he did not foresee a “military confrontation between Russia and the United States.” Video Credit By Associated Press on Pu.... More »
Miles & More up to 50% off Award Ticket Sale: Europe for only 30,000 Miles in Economy Class or 55,000 Miles in Business Class + MORE May 22nd
Miles & More has updated their discounted mileage awards "Meilenschnaeppchen" to now include flights out of Montreal or Vancouver on Lufthansa and Toronto on Austrian.You can redeem Miles & More miles for round trip tickets between Canada and all major cities in Austria or to Munich .... More »
Nov 14 Update: 5x Aeroplan Miles on lottery purchases at Esso, Scandic Hotels Flash Sale, Hyatt Bonus for EMEA & India stays Nov 15th
Final update of the week sees 5x Aeroplan miles on lottery purchases, SPG targeted bonuses and more News, Tips & Tricks Aeroplan's has another Matching Miles offer for November! This is where Aeroplan will match your mileage donations to a select Beyond Miles partner. This month it is Give.... More »
Jun 3 Update: Lots of new buy/share/transfer bonuses, Virgin Atlantic reduces Economy award fuel surcharges
– RewardsCanada.ca
June is upon us and with that there seems to be a lot of buy/share/transfer bonuses out! The semi-worthwhile ones are the Diners Club to Avios, US Airways share miles and Hyatt buy points offers. As always, I wouldn’t transfer/buy unless you have a somewhat immediate need for the miles/points (booking for travel News, Tips & Tricks It appears that Virgin Atlantic may be following Air France KLM’s lead by reducing fuel surcharges on Economy Class Flying Club award tickets. (HT View from the Wing) Meanwhile, LoyaltyLobby lets us know that Air France KLM is now offering First Class tickets in their selection of reduced mileage Prom o Awards. Noticably absent for the summer season are any North American routes. Bonus Offers Air Canada Aeroplan- 30% Bonus Aeroplan miles at Points.com when you exchange or trade your points for Aeroplan Miles. More… Until Jun 30, 13British Airways Executive Club- 30% Bonus Avios when you transfer Diners Club Club Rewards Points into British Airways Avios…What You Need To Know About Canada’s Deficit
– ratesupermarket.ca

The preliminary numbers from the March fiscal year end are in for Canada’s deficit, and there’s some good news: it has decreased to $18.3 million, compared to $21.6 million as of last year. It’s an indicator the federal government’s plan to cut the deficit is on track, and it’s good news for the Conservative government, which looks to balance the books by 2015.
A lower deficit is also very impactful for the average Canadian. Let’s break down the numbers and take a look at how the deficit factors into our nation’s economy recovery, and what it means for Canadians.
Breaking Down the Numbers
The Conservative government’s cost cutting plans look to be paying dividends. A decrease in program expenses lead to $3.4 billion in savings. This is largely due to job restructuring in the public sector, as the federal government looks to downsize its bloated workforce. Canada’s excellent credit rating also looks to be paying off; public debt charges are down by $2 billion, as we saved on interest payments our federal debt…
Earn More Scene Rewards with the Scotiabank Scene Debit Card
– canadianfinanceblog.com
One of the most frustrating things about credit card rewards programs is that you have to have a credit card. While I like to use my credit cards to earn rewards, and use those rewards for cash back and free stuff, not everyone is comfortable with the idea of credit… even for rewards.If you want to earn rewards, but not use a credit card to do it, a great option is the Scotiabank Scene debit card. With the Scotiabank Scene card, you get the great benefits of an account with a trusted bank, and you don’t have to worry about using credit.
Scotiabank Scene Debit Card
Many people like using debit cards because they combine the convenience of a credit card with a checking account. Paying with plastic is easier and more convenient than paying with cash, since you don’t have to carry around a lot of bills. Just swipe your debit card. (Or, if your Scotiabank debit card is equipped with Interac Flash, you can just tap it against the terminal, or wave it front of the terminal, as long as the terminal is equipped for contactless payment…
Are TV ads encouraging credit card use for all purchases sending the wrong message? http://t.co/BsZsl4T0Nw
— RateSupermarket.ca (@RateSupermarket) June 6, 2013
"Canadians managing credit card debt better than expected" – http://t.co/wN0bKj4Aat
— Creditcards.Ca (@Canada_cc) June 1, 2013


