All about Canadian credit cards. Learn the ins and outs and get the latest news.
Latest News
February 28 Update: 3 Great Scotiabank card offers coming to an end, Save up to 20% at select hotels in California & more! + MORE Feb 28th
Today is the last day to grab a few great Scotiabank credit card offers! Well it may be a day or two. One communication we have says these go into effect on March 3rd while some terms state March 1st so we are erring on the side of caution. The Scotia Momentum Visa Infinite Card (Cash back) will.... More »
5 mistakes you should avoid after paying off credit card debt + MORE Jun 22nd
From running up debt again to not using your card at all, avoid these mistakes after paying off your credit card debt..... More »
How is passive income taxed in Canada? + MORE Nov 8th
Passive income generally includes interest, dividends, rental income and capital gains. These income sources may be subject to different tax rates depending on your income level, province or territory of residence, and how the assets are held.
Income in non-registered accounts
Investment incom.... More »
I cosigned a motorcycle loan and the owner passed away. What are my obligations to the bank? + MORE Apr 27th
A MoneySense reader writes:
Help! I cosigned a motorcycle loan and then the owner passed away. Can you explain what my obligations are to the bank? Will my credit rating be affected? What are my next steps? – Amber
What to know about cosigning a loan
Anytime you co-sign for a loan, you’.... More »
Stunning but deadly, see the place on Earth where nothing survives - The Weather Network + MORE Nov 24th
Stunning but deadly, see the place on Earth where nothing survives The Weather NetworkResearchers find an area completely devoid of life TdnewsScientists discover place on earth where microbial life is absent International Business Times, Singapore EditionThe lake wh.... More »
March 21 Update: You can now redeem WestJet companion vouchers online, U.S./U.K. electronics travel ban & more!
– RewardsCanada.ca
News, Tips & Tricks WestJet quietly launched the ability to redeem the companion vouchers online that come from the WestJet RBC MasterCard. Great news for those of you who didn’t like calling in to book flights using the voucher! It’s been all over the news since last night, The U.S. travel ban on electronics in the cabin (save for cell phones and medical devices). This means items like tablets, laptops, etc. will have to be placed in your checked luggage. The ban is only for flights originating on select airlines from 10 airports in the Middle East and Africa. Of course this will affect you if you are travelling on these flights via the U.S. but there is one Canadian flight affected. Royal Jordanian’s flight to Montreal will be included since that fligth continues on to Detroit. There are reports now of ban to be put in place by the U.K. as well. No word yet if Canada will also put in a place a ban as many of the airlines affected do fly to Canada as well. Find our more from the DHS website Our post about How to maximize value out of the RBC Avion Airline Award Chart has been a very popular page for us on the RC Blog so we have added to the main site for easier access and reading! You can find it here…
