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?
Latest News
One week left to grab the great welcome bonus of 350 WestJet dollars on the WestJet RBC World Elite Mastercard Dec 31st
There is only one week left to grab one of the easiest to earn credit card welcome bonus offers. The current offer of 350 WestJet dollars for Canada's #1 airline credit card*, the WestJet RBC World Elite Mastercard comes to end next on January 6th. The regular bonus of 250 WestJet dollars when you a.... More »
December 21 Update: Ultimate No Foreign Transaction Fee Credit Card Portfolio, New Scotia card designs & Flair Airlines adding flights to New York JFK Dec 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 World Elite Mastercard which is currently offering a welcome bonus of up to 100,000 bonus points.... More »
Scientists discover new species of feather stars with 20 'arms' - Business Insider + MORE Aug 12th
Scientists discover new species of feather stars with 20 'arms' Business InsiderMysterious creature with 20 arms discovered in Antarctica, pic surfaces InshortsStrawberry feather star discovered in Antarctica, researchers say USA TODAYScientists Discover 20-Arm 'Anta.... More »
Credit card surcharges: How they work, rules + MORE Oct 9th
Many businesses impose surcharges when customers use a credit card for under a certain amount. However, there are laws in place to protect you from being charged extra unfairly..... More »
New welcome bonus of up to 60,000 TD Rewards Points with the TD First Class Visa Infinite Card + MORE Sep 10th
A new offer came out today for TD's premier proprietary rewards cards, the TD First Class Travel Visa Infinite Card. The new offer is for up to 60,000 TD Rewards Points along with first year no annual fee for the primary card and first additional card. This is a limited time offer that ends on Novem.... More »
StatsCan: Canadians are Richer and in Less Debt
– ratesupermarket.ca
Finally, some good news on the Canadian debt front – the latest numbers from Statistics Canada find that Canadian credit levels are shrinking, while household net worth is growing.
The Daily Report, outlining the National Balance Sheet and Financial Flow Accounts (say that five times fast) for the first quarter of 2013, found national wealth clocks in at $7.8 trillion – a $115-billion increase, which is mainly due to an increase in real estate values.
According to the report:
Canadians are richer: Household net worth is $222,600, an increase of 2.5 per cent from Q4 2013.
Homes are worth more: Real estate values increased by 2 per cent.
Mortgage debt is slowing: Total mortgage debt clocks in at $1.1 trillion – a 0.6 per cent increase. This is the slowest rate of mortgage debt growth since 2009.
Canadians have less debt: The national debt-to-income ratio is now 163.2 per cent – down from 163.9 per cent last year.
Canadians own more of their homes: Owner equity in real estate is 69…
The Daily Report, outlining the National Balance Sheet and Financial Flow Accounts (say that five times fast) for the first quarter of 2013, found national wealth clocks in at $7.8 trillion – a $115-billion increase, which is mainly due to an increase in real estate values.
According to the report:
Canadians are richer: Household net worth is $222,600, an increase of 2.5 per cent from Q4 2013.
Homes are worth more: Real estate values increased by 2 per cent.
Mortgage debt is slowing: Total mortgage debt clocks in at $1.1 trillion – a 0.6 per cent increase. This is the slowest rate of mortgage debt growth since 2009.
Canadians have less debt: The national debt-to-income ratio is now 163.2 per cent – down from 163.9 per cent last year.
Canadians own more of their homes: Owner equity in real estate is 69…
June 24 Update: Which credit card reward programs cover FFP fees & taxes, Ritz-Carlton Double Elite Qualifying offer, up to 10x Air Miles at Shell
– RewardsCanada.ca
An quiet day in the world of loyalty today! News, Tips & Tricks No news to pass along today, but our tip of the day goes back to an older post of ours that points out which Credit Card reward programs can be used to pay for the taxes and fees on Aeroplan and other frequent flyer program award tickets. Which credit cards can be used to cover award ticket taxes, fees and surcharges? In the bonus offers section check out the Ritz-Carlton double elite qualifying offer for the Ritz-Carlton Rewards program. Super easy to take advantage of since there is no registration required but you do have to ensure you credit your stays to Ritz-Carlton Rewards not Marriott Rewards. Travel Deals Accor has launched their 1st Super Sale of the year: Save 30% to 40% off your summer stay + free breakfast in over 2,200 hotels worldwide! Hurry, book by June 27th, Midnight. Bonus Offers Air Miles (Canada)- Earn up to 10x Air Miles on Shell gasoline purchases. More… Until Jul 20, 14airberlin topbonus- Triple topbonus Miles when you fly on airberlin or NIKI between Stuttgart or Vienna and Abu Dhabi…Is Financial Stress Following You to Work?
– ratesupermarket.ca
Financial stress alone can be debilitating, making it difficult to concentrate on work and other daily requirements. But when both workplace stress and financial concerns coalesce, getting through the workday becomes a Sisyphean task.
There’s a reason why debt is causing Canadians a few ulcers; according to credit agency Equifax Canada, it hit a record $1.422 trillion in the fourth quarter of 2013.
How to Know When You’ve Had Enough
Walking around with a pit in your stomach is no way to live – if this is how you feel, it may be time to talk to a counselor, or address your financial stress with an advisor.
Key physical indicators include insomnia, an inability to concentrate, bouts of depression and adverse emotional reactions like irritability and anger. These emotions can make even the most menial tasks difficult to accomplish.
When Stress Affects the Bottom Line
There’s a reason why debt is causing Canadians a few ulcers; according to credit agency Equifax Canada, it hit a record $1.422 trillion in the fourth quarter of 2013.
How to Know When You’ve Had Enough
Walking around with a pit in your stomach is no way to live – if this is how you feel, it may be time to talk to a counselor, or address your financial stress with an advisor.
Key physical indicators include insomnia, an inability to concentrate, bouts of depression and adverse emotional reactions like irritability and anger. These emotions can make even the most menial tasks difficult to accomplish.
When Stress Affects the Bottom Line
The compounding effects of workplace and financial stress have grown to the point where employers are starting to take notice…
