There are more credit card options in Canada than you can shake a stick at! Stay on top of the best rates and plans right here.
May 27 Update: Last few days to grab the TD First Class Visa Infinite Card with 65,000 points, Aeroplan eStore Mega Event this weekend and a targeted Starbucks Rewards offer + MORE May 28th
Thinking of applying for the TD First Class Visa Infinite Card? There are only a few days left to apply for it with its welcome bonus of up to 65,000 TD Rewards Points. The limited time offer on the card ends on May 31. You can apply for the card here.You know that saying "you snooze you lose" we.... More »
June 3 Update: TurboTax offer for RBC cardholders, Amex offer for Pink Martini Queen Street and Canadian Alaska Airlines Mastercards will not see elite benefits like the U.S. + MORE Jun 4th
There is a new RBC Offers special out for TurboTax where you can get 20% off Standard, Premier, Self-Employed, Assist & Review, or Assist & Review Self Employed products. See our Guide to RBC Royal Bank 'RBC Offers' for more details. The offer runs until June 30 and I received it on the W.... More »
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 »
You may recall that back in April of 2019 news came out that Etihad Airways would become a partner of Aeroplan as of May 1, 2019. Well that was news that was accidentally released as the partnership was not set to launch at that time. Well we can pass along the news that it is finally official as Et.... More »
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
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 the welcome bonus significantly on both the personal and business versions of the Platinum Cards. The new welcome offers are as follows:The Platinum Card®New Platinum® Cardmembers, earn 25,000 Welcome Bonus Membership Rewards® points when you charge $2,000 in purchases to your Card in the first three months of CardmembershipBusiness Platinum Card® from American ExpressEarn a Welcome Bonus of 35,000 points when you charge $7,000 in purchases to your Card in your first three months of Cardmembership Not sure why but the other day I was thinking back to a credit card promotion from 2013. That promotion held the title of the highest ever welcome bonus offered in Canada until late 2018…
As a result of the COVID-19 pandemic, the federal government extended the tax filing deadline for individuals to June 1, 2020, from April 30, 2020. At the same time, the deadline to pay any taxes owing was also extended. Those are now due on September 1, 2020, instead of April 30, 2020.
This is good news for Canadians who have trouble trying to meet the deadline, anyone who’s been affected by COVID-19 personally, and those who owe the government money but don’t have the funds to pay just yet.
The Benefits of Filing Your Return Now
While the deadline is still weeks away, it’s best to submit your tax return as soon as possible, especially if you expect to get a refund. However, if you don’t file before the deadline, you (or spouse/common-law partner) may not receive any government benefits, such as the GST/HST credit payment or the Canada Child Benefit (CCB).
But if you owe taxes, filing your return late can also result in penalties. The Canada Revenue Agency (CRA) will charge a penalty of 5% of your what you owe, plus another 1% of what you owe, for every month your return is late, up to a maximum of 12 months (or a total of up to 17%)…