March 26 Update: BMO AIR MILES Mastercard review updated, Aer Lingus providing 10% extra on vouchers, British Airways suspends all Canadian flights until April 17 + MORE Mar 27th

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May 13 Update: Amex lowers welcome bonuses on The Platinum Card & Business Platinum Card, a look back at the first 100K point credit card bonus in Canada, good Travelzoo deal for Brewster's Mountain Lodge in Banff + MORE May 14th

American Express has really shifted focus on keeping current Platinum cardmembers engaged and using their cards as much as possible with the amazing double points double value promotion. However as it is so lucrative for cardmembers and pricey for American Express to maintain they have dropped t.... More »
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June 1 Update: Earn double AAdvantage Miles on all American Airlines flights and Amex Offers spend $10 at Panago get a $5 statement credit + MORE Jun 2nd

American Airlines has brought our their second systemwide bonus AAdvantage Miles to try to stimulate travel during this pandemic. The offer will be better for most than the last 500 bonus miles per flight offer as it is a straight double miles on all eligible mileage earning tickets flown on .... More »
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April 28 Update: Top 5 Mastercard Cards to use at Costco, Porter Airlines delays restart to June 29, Eurowings cans new Calgary-Frankfurt flight + MORE Apr 28th

We updated our 5+ year old feature on the Top 5 Mastercard Cards to use at Costco. Thing is, it will need to be updated again on June 2 when the Rogers Mastercard changes kick in. See the updated feautre here. Image via Costco Canada Porter Airlines has pushed back the relaunch of their flights.... More »
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Now is a good time to pay off your student loans and tuition using points and miles via HigherEdPoints + MORE Apr 16th

A few weeks ago I was contacted by Suzanne Tyson from HigherEdPoints.com after my post on Shifting your loyalty program strategy to help during these trying and tough financial times and she reminded me about their service and how right now may actually be the best time to use them. In my piece we l.... More »
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New welcome offer on the BMO CashBack World Elite Mastercard 10% cash back in your first 3 months and annual fee waived in the first year Jun 5th

BMO is getting in on the 10% game that we have now seen from most of the big banks for their premium cash back cards! BMO is now offering 10% cash back on all purchases made in the first three months on the BMO CashBack World Elite Mastercard. The 10% cash back is awarded on all purchases you make u.... More »
Can You—And Should You—Co-sign on a Mortgage?
As average home prices in Canada top $500,000 (and rise above $1 million in cities like Toronto and Vancouver), some Canadians may wonder if they’ll ever be able to buy the place of their dreams. One option for some is to find another person—a parent, sibling or another close relative—to co-sign their mortgage.
Why Would Someone Ask You to Co-Sign?
Co-signing a mortgage is a way to help someone else get a mortgage for a home. If your loved one has poor credit, low savings or isn’t employed, agreeing to co-sign may help lenders look past your family member’s circumstances. If your relative is looking for a house that’s slightly out of their price range, agreeing to co-sign may help them get a bigger loan than they would otherwise be able to qualify for on their own. 
Risks of Co-signing Someone Else’s Mortgage
If a family member asks you to co-sign their loan, should you agree? Co-signing is a big commitment. By signing, you agree to buy the home with the primary borrower…

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Ends Today - 500 Bonus Plum Points on book orders with !ndigo (You can execute a quintuple dip with this offer!)Need some new reading material to help you pass the time for self isolation? We came across this offer from Indigo quite late – as it ends today but if you order any books online today you’ll earn 500 bonus Plum Points per book ordered. And shipping is free on most orders. You can learn more and take advantage of the offer here.You can also choose to initiate this purchase via an online shopping portal like Rakuten, Aeroplan eStore or others to earn even more rewards. In fact with this bonus you could potentially execute a quintuple dip if you shop via airmilesshops.ca. Here’s how the quintuple dip would work:Dip 1: Base Miles earn for purchase via airmilesshops.ca Dip 2: 50 Bonus Miles if you spend $100 or more in one transaction via airmilesshops.caDip 3: Base points for your Indigo purchaseDip 4: 500 bonus point per book via IndigoDip 5: the points or miles earned on the credit card that you use for the purchase

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Coronavirus live updates: Feds will no longer tax $2,000 monthly COVID-19 benefit  National PostTrump looking to put troops near Canadian border amid coronavirus fears  Global NewsCoronavirus Update: Trudeau urges banks to lower credit-card interest rates, U.S. cases highest in the world, G20 pledges US$5 trillion in funding  The Globe and MailOpinion: There is no perfect economic response for Canada’s coronavirus shutdown  The Globe and MailU.S. troops on the border? It’s Canada that should want to seal the frontier  Toronto StarView Full coverage on Google News

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Coronavirus live updates: Feds will no longer tax $2,000 monthly COVID-19 benefit  National PostTrump looking to put troops near Canadian border amid coronavirus fears  Global NewsCoronavirus Update: Trudeau urges banks to lower credit-card interest rates, U.S. cases highest in the world, G20 pledges US$5 trillion in funding  The Globe and MailOpinion: There is no perfect economic response for Canada’s coronavirus shutdown  The Globe and MailU.S. troops on the border? It’s Canada that should want to seal the frontier  Toronto StarView Full coverage on Google News

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March 26 Update: BMO AIR MILES Mastercard review updated, Aer Lingus providing 10% extra on vouchers, British Airways suspends all Canadian flights until April 17The Rewards Canada review of the BMO AIR MILES Mastercard has been updated! We haven’t touched it since 2015 so it was in dire need of getting an update. This is the case with quite a few of our reviews and we hope to get to updating them all over the next little while. You can check out updated BMO AIR MILES Mastercard Review here.When we were updating our COVID-19 resource page yesterday the change of ticket offer from Aer Lingus real stood out. Of course like most airlines they are offering vouchers for future travel instead of refunds but what makes theirs different is that they will give you 10% extra on what you paid, so if you booked a flight for C$1000 your voucher will be for C$1,100. And unlike other airlines whose vouchers are valid for 12 to 24 months, Aer Lingus’ is valid for 5 years!Image via Aer Lingus British Airways updated their route schedules and have effectively cancelled flights to Canada until April 17. Here is a breakdown of the routes:-  cancelled their flights between Calgary and London Heathrow until April 20 and look to be running 3x weekly service after that…

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