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
January 27 Update: Alaska Airlines changing some mileage earn rates, Amex Offer for Hillberg & Berk and 50,000 bonus PC Optimum points with Shoppers Drug Mart online Jan 28th
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 points, no.... More »
MoneySense has a new look + MORE Apr 25th
We have exciting news: MoneySense has made some upgrades. The core of what we do will stay the same—we’ll continue to bring you high-quality content from the best financial experts in Canada—but we have a fresh new look.
Why are we changing?
We want you to have the best possible expe.... More »
The best GIC rates in Canada for 2026 Apr 27th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Take the Quiz: Do You Know Your Credit Score Fundamentals? + MORE Jun 26th
Your credit score is a very important number, which can help you get an apartment, car loan, mortgage, personal loan, or rewards credit card, among other financial decisions.
It is vital to know your credit rating and, if necessary, how to improve it. Staying up to date with your credit report can .... More »
Credit counselling calls surge as Canadians struggle with rising costs Dec 4th
Canadians have had a difficult year when it comes to their personal finances, and calls to credit counselling agencies reflect these challenges. According to a new study from Credit Canada, calls for counselling are up 39.6% across the country over the past year. We’ll take a look at why Canadians.... More »
Redemption Stories: Saving $3,800 on last minute flights with the Platinum Card from American Express
– RewardsCanada.ca
For the Rewards Canada family a lot of our vacations are spur of the moment. So when we want to get away for only a few short days we don’t want to spend much of that time getting to our destination so we usually look for direct flights that aren’t much more than three hours in length. And since it is winter we wanted to go somewhere warmer. That means places like Los Angeles, San Diego, Palm Springs, or Phoenix. With a trip to Phoenix already booked for later in 2020 we crossed that off the list. Then with our attendance required at a New Years Eve party in YYC we crossed San Diego off the list as the flight back into Calgary wouldn’t leave us much time get home and get ready. So that left LA or the Palm Desert. We chose the latter as it tends to be more relaxing than LA. Of course this means booking at the last minute, which also means not so cheap flights when looking for four seats. Add in the fact it was during the Christmas high season and you know there aren’t going to be any cheap seats…Last day to grab the limited time increased welcome bonus of 350 WestJet dollars on the WestJet RBC World Elite Mastercard
– RewardsCanada.ca
Today is the last day to grab the limited time increased welcome bonus of 350 WestJet dollars on the WestJet RBC World Elite Mastercard. The regular bonus of 250 WestJet dollars when you apply for and receive the card is still the norm but if you get the card now you’ll get an additional 100 WestJet dollars when you make your first purchase on the card within three months of being approved for the card. That’s a really easy welcome bonus to earn considering most of the cards competing with this card have a lot of spend requirements tied to them! You literally only have to make one $1 purchase on the card and you have 350 WestJet dollars to use right away towards to flights or vacation packages with WestJet.Related: What you actually have to spend to get some of the best credit card welcome bonus offersNot only is the welcome bonus an attractive offer there are other benefits on the card that are the reason why it is the best airline card in Canada. Once you have the card you get the first checked bag free for yourself and up to 8 others travelling on the same reservation…January 6 Update: 10% Bonus Asia Miles when you convert credit card points from RBC, HSBC or Amex, More Cobalt multiplier locations, Air Transat partnership
– RewardsCanada.ca
Cathay Pacific Asia Miles has released a 10% bonus offer for transferring credit cards points into Asia Miles. This promotion is open to Canadian cards that allow points conversions to Asia Miles (but not those that earn Asia Miles direclty, ie the RBC Cathay Pacific Visa Platinum Card). Specifically you can convert RBC Rewards Points (Avion cards only), HSBC Rewards Points, and American Express Membership Rewards points to Asia Miles. All of these will receive the 10% bonus as long as you register for the promotion via Asia Miles. You can register for it right here. With a 10% bonus you’ll earn the following 1.1 Asia Miles for every 1 RBC Rewards Point, 8,800 Asia Miles for 25,000 HSBC Rewards Points or 825 Asia Miles for every 1,000 Membership Rewards points.A new Amex Offers offer came out just a few days prior to Christmas. This one is more so for those of us out west as it is for London Drugs. If you spend $75 in store or online you’ll get a $15 statement credit. I received it on American Express Gold Rewards Card (which is perfect since drug store purchases earn 2x points) while my wife received it on her Marriott Bonvoy American Express card…
