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?
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TD® Aeroplan® Visa Infinite* Card: Earn up to 40,000 bonus points + 1st year free + MORE Jun 24th
The TD® Aeroplan® Visa Infinite* Card is currently being offered with a welcome bonus of up to 40,000 Aeroplan points and no annual fee in the first year. This card is ranked as the best airline credit card and second best travel card overall by Rewards Canada as it provides strong earn rates on.... More »
The best GIC rates in Canada for 2024 Dec 23rd
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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.
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WestJet RBC World Elite Mastercard adding data roaming and H&R Block discount benefits Sep 23rd
In the most recent email sent out to WestJet RBC World Elite Mastercard holders they reveal several new benefits coming to the card including data roaming. Starting on October 1, 2024 the card will provide 3 x 1GB FlexiRoam global data packs to cardholders and it will also offer a 30% off discount f.... More »
Canada’s best travel credit cards for 2023 + MORE Apr 13th
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Best travel credit cards in Canada for 2023
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The Best Roadside Assistance Options For Canadians Jan 31st
When you’re in the midst of a long and bitterly cold Canadian winter, it’s not a stretch to imagine yourself in any number of difficult, weather-related circumstances. Stranded on a dark highway in a snowstorm, a dead battery while you’re out shopping miles from home – both are distinct .... More »
A 1099-C does not wipe out unpaid debt from credit reports
– creditcards.com
Even when reported on your tax return, a 1099-C does not automatically clear an unpaid balance from your credit report.
The Bank of Montreal has stopped allowing customers to use its credit cards to buy cryptocurrency such as bitcoin.
March 16 Update: Rogers and Fido Mastercards being devalued, bonus Infinity MileageLand Miles out of YYZ/YVR & more
– RewardsCanada.ca
Yesterday morning Rewards Canada reader J Smith commented on our feature for No Foreign Transaction Fee Credit Cards for Canadians letting us know that there once again changes happening to the Rogers Platinum Mastercard and Fido Mastercard. It hasn’t been too long that these cards underwent changes and now they are at it once again – and the changes, for the most part, aren’t good. You can read all about the changes here. The good news is strictly on the Rogers Platinum Mastercard and that is the annual fee is being removed as of March 13. The card normally carried a $29 annual fee but that was waived if you were a Rogers customer so the card is now a no fee card for everyone. On to the bad news, the two cards are being devalued on the rewards side. The big bright spot for both cards was 4% cash back on foreign transaction purchases, hence it being featured in the No Foreign Transaction Fee Credit Cards piece. The cards do have a 2.5% foreign exchange fee which meant you came out 1… Canadians had 28 per cent more gripes about their banks last year than they did in 2016, according to a new report from the ombudsman overseeing the industry, with bogus credit card charges a particular thorn in the side of many customers.
