How to go about securing the best rate and plan for your credit card in Canada.
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What can you claim on your income taxes: 7 deductions not to miss + MORE Dec 1st
There are some tax deductions and credits you know you should claim on your income tax return every year. It’s unlikely you’ll ever forget to deduct your RRSP contributions, for example, and claiming a tax credit for your charitable donations is a no-brainer. But other claims can be easy to over.... More »
Earn 100,000 points with The Platinum Card from American Express Apr 20th
The Platinum Card® from American Express’ is currently available with a welcome of up to 100,000 points for new customers. This card is Canada’s #1 Ultra Premium Credit Card and has the best airport lounge access out of any credit in Canada. The up 100,000 points welcome bonus offer: Ri.... More »
BMO eclipse Visa Infinite Privilege changes: Annual fee increased & spending caps now based on category Nov 24th
A few weeks ago we let you know about negative changes coming to many of the premium BMO cards however at that time we didn’t know if there were changes being planned for the ultra premium BMO eclipse Visa Infinite Privilege Card. Thanks to Chris on the RWRDS Canada Facebook Group we now know .... More »
May 10 Update: Amex Offers officially launches in Canada, Europcar sale and 14 new bonus offers + MORE May 10th
Amex Offers has officially launched in Canada. If you follow the U.S. credit card market at all you'll have known that for years now American Express cardmembers south of the border get exclusive offers that they can register their cards for - and many of the offers are really good! Great news i.... More »
American Express Cobalt Card: 17 new confirmed multiplier locations in Canada & Taiwan + MORE Dec 22nd
Here’s our next update to the American Express Cobalt Card Confirmed Multiplier Locations with 17 new locations from Canada and Taiwan. being added today. The feature is quickly approaching 2,000 entries covering thousands of locations around the world where you can use the American Express Co.... More »
Synchrony Financial, Wells Fargo and Navistar slip
– canadianbusiness.com
NEW YORK, N.Y. – Stocks that moved substantially or traded heavily on Tuesday:
Synchrony Financial (SYF), down $4 to $26.44
The country’s largest issuer and manager of retail store brand credit cards said more of its customers were falling behind on payments.
Wells Fargo & Co. (WFC), down $1.10 to $46.87
Banks traded lower as bond yields continued to drop, which took interest rates lower.
Motorcar Parts of America Inc. (MPAA), up $2.79 to $30.53
The auto parts maker jumped after it reported its fiscal fourth-quarter results.
Revance Therapeutics Inc. (RVNC), down $5.14 to $13.21
The company ended development of a gel intended to treat crow’s feet and will concentrate on injectable form of the drug.
Navistar International Corp. (NAV), down $1.68 to $11.47
An analyst downgraded the truck and engine maker’s stock and said its results will disappoint investors in 2017 and 2018.
KemPharm Inc. (KMPH), down $1.55 to $4.74
The company said regulators did not approve its acute pain drug Apadaz…
Synchrony Financial (SYF), down $4 to $26.44
The country’s largest issuer and manager of retail store brand credit cards said more of its customers were falling behind on payments.
Wells Fargo & Co. (WFC), down $1.10 to $46.87
Banks traded lower as bond yields continued to drop, which took interest rates lower.
Motorcar Parts of America Inc. (MPAA), up $2.79 to $30.53
The auto parts maker jumped after it reported its fiscal fourth-quarter results.
Revance Therapeutics Inc. (RVNC), down $5.14 to $13.21
The company ended development of a gel intended to treat crow’s feet and will concentrate on injectable form of the drug.
Navistar International Corp. (NAV), down $1.68 to $11.47
An analyst downgraded the truck and engine maker’s stock and said its results will disappoint investors in 2017 and 2018.
KemPharm Inc. (KMPH), down $1.55 to $4.74
The company said regulators did not approve its acute pain drug Apadaz…
Key measure of Canadian household debt little changed in first quarter – Times Colonist
– news.google.ca
Key measure of Canadian household debt little changed in first quarterTimes ColonistOTTAWA – Statistics Canada says the ratio of household credit market debt to disposable income edged down in the first quarter. The agency says the ratio was 165.3 per cent for the first three months of 2016, down from 165.4 per cent in the fourth …and more »
Foreign ATMs accept US debit cards, but carry backup
– creditcards.com
U.S. debit cards are widely accepted at overseas ATMs, but carry credit cards, too, to be safe
Walmart Canada to no Longer Allow Purchases on VISA Cards
– ratesupermarket.ca
Starting next month, Walmart shoppers in Canada will no longer be able to use their Visa cards to pay for their purchases because of what the company is calling “unjustifiably high” fees associated with the card. The decision, announced quietly on Saturday, comes after an evaluation of credit card transaction fees throughout the country and the rest of the world.
The initiative will be phased in beginning July 18th at the stores in Thunder Bay and from there, will continue throughout the rest of the country. The “no Visa” policy will be limited to Canadian locations and it’s not yet known how long the entire process will take. Walmart stores will continue to accept MasterCard, Discover, American Express, debit and cash.
The retailer, which has more than 400 stores in Canada, will not reveal the exact total of annual credit card sales, but in a statement on its website, it says it pays “over $100 million in fees to accept credit cards each and every year.”
Visa, meantime, says this will have a negative impact on Canadian shoppers, and the company is disappointed that Walmart is choosing to put “their own financial interests ahead of their own consumers’ choice…
Key measure of Canadian household debt little changed in first quarter – Times Colonist
– news.google.ca
Key measure of Canadian household debt little changed in first quarterTimes ColonistOTTAWA – Statistics Canada says the ratio of household credit market debt to disposable income edged down in the first quarter. The agency says the ratio was 165.3 per cent for the first three months of 2016, down from 165.4 per cent in the fourth …and more »
