How to go about securing the best rate and plan for your credit card in Canada.
Latest News
Rare sign up bonus for PC Financial Mastercards - 75,000 points if you apply by January 26 + MORE Jan 25th
As part of the PC Optimum Points Days promotion (see this post for more details) the loyalty program is offering a rare sign bonus on their PC Financial Mastercards. From now until January 26 when you apply for any one of their three Mastercards, the PC Financial Mastercard, PC Financial World Maste.... More »
Aeroplan Availability Alert: Lie flat business class between Edmonton & Toronto in March 2024 Dec 20th
Air Canada has upgraded one of their four daily flights between Edmonton and Toronto to an internationally configured Airbus A330-300 aircraft for the majority of March 2024. With the addition of this widebody aircraft has come availability to fly in Premium Economy and in Business Class with lie fl.... More »
Balancing personal and financial goals as you build a new life in Canada + MORE Nov 20th
Starting over in a new country can feel like being handed a blank canvas and a long to-do list. There’s the excitement of exploring your new surroundings, trying new foods, and building a life from scratch. But alongside that is the very real pressure of needing to get your finances in order.
F.... More »
Am I liable for unpaid bills on a company credit card? Mar 28th
If you have a company credit with your name on it, you could be liable if the company doesn't pay.... More »
Top 5 Credit Card Sign Up offers for August + MORE Aug 9th
Here are the Rewards Canada Top 5 Credit Card Sign Up offers for the month of August! This is not a 'best' credit card list like our Top Travel Rewards Credit Card rankings but instead a look at cards that have very good acquisition (sign up) offers. As always when choosing a card you should always.... More »
A Recession Reversal
– ratesupermarket.ca
Is Canada’s recession already history? The latest data from Stats Can shows a small – but steady – turnaround in our economy’s driving forces. We’ve summed up what that means – from your wallet to your mortgage rate.
Speaking of mortgages, our latest expert panel has spoken on this month’s rate trends. Read on for the full story.
Should You Accept That Pre-Approved Credit Limit Increase?
Is it ever a good idea to accept a pre-approved credit limit increase? Turns out, upping your limit can be good for your credit score – but it does come with additional debt pitfalls. Here’s what you need to know about increasing your credit limit – and whether you should turn it down.
Read Amanda’s Blog |Should You Accept That Pre-Approved Credit Limit Increase?
Is The Recession Behind Us?
Is Canada back on track for improvement? The latest data from Statistics Canada show the economy enjoyed some growth during the third quarter, reversing the doom and gloom trend reported previously this year…
How late payments get reported to credit bureaus
– creditcards.com
First comes the late fee; if you still don’t pay your score takes a hit
Air Miles, Aeroplan points, low-interest, no-fee — the options available on credit cards are dizzying for consumers looking to compare their options when shopping around.
October 8 Update: Capital One® Aspire Travel™ World Elite MasterCard® to have a 40,000 Mile sign up bonus and 8 new airline/hotel bonuses
– RewardsCanada.ca
More great credit card news for you today! News, Tips & TricksIn addition to the new redemption for the Capital One® Aspire Travel™ World Elite MasterCard® we told you about yesterday we can also let you know that the card will soon offer a 40,000 bonus reward miles sign up bonus when you spend $1,000 on net purchases in the first 3 months after account opening – a value of $400 in travel. Also the annual fee will rise to $150 and the annual interest rate is now 19.8%. Watch for these changes to come later this month! All we can say is welcome back to the top!Remember to enter our $100 Gas Card giveaway! See more in this post.Have you voted yet for your favourite travel rewards credit card? If you haven’t voted yet be sure you make your voice heard! Vote here! Posts since our last update: N/A Bonus Offers airBaltic PINS (on FrequentFlyerBonuses.com only) – Double PINS when you fly airBaltic between Riga and Berlin, Munich, Hamburg, Frankfurt or between from Vilnius or Tallinn and Berlin…
Know which perks you’ll use before picking a credit card
– moneysense.ca
OTTAWA – Air Miles, Aeroplan points, low-interest, no-fee — the options available on credit cards are dizzying for consumers looking to compare their options when shopping around.
When looking for a credit card, experts say consumers should start with an honest assessment what they need and what they will use.
Those who think they might routinely carry a balance may want to focus on low-interest-rate cards rather than those that offer rewards, because interest charges can quickly outweigh any benefits a rewards card might bring, especially if you only pay the minimum required.
But for those who pay off their balances every month, the choices are abundant.
Check out Canada’s Best Credit Cards of 2015 »
Sean Gibson, a branch manager at the Royal Bank in Ottawa, says how you plan to use your credit card will drive your choice.
“If you’re paying a monthly fee on a card, you better get the value out of it,” he says.
If you don’t travel much, then travel rewards might not be much use to you, while cash back or points redeemable for groceries could very well be…
When looking for a credit card, experts say consumers should start with an honest assessment what they need and what they will use.
Those who think they might routinely carry a balance may want to focus on low-interest-rate cards rather than those that offer rewards, because interest charges can quickly outweigh any benefits a rewards card might bring, especially if you only pay the minimum required.
But for those who pay off their balances every month, the choices are abundant.
Check out Canada’s Best Credit Cards of 2015 »
Sean Gibson, a branch manager at the Royal Bank in Ottawa, says how you plan to use your credit card will drive your choice.
“If you’re paying a monthly fee on a card, you better get the value out of it,” he says.
If you don’t travel much, then travel rewards might not be much use to you, while cash back or points redeemable for groceries could very well be…
