All about Canadian credit cards. Learn the ins and outs and get the latest news.
Latest News
Starwood Preferred Guest: Receive a 35% discount when you buy or gift Starpoints (until Jun 30, 17) + MORE Jun 3rd
It has only been about a month since we had the last buy Starpoints offer and now a new offer has come out and it is the best non-tiered public offer ever on purchasing Starpoints. The discount is 35% this time if you buy 5,000 or more Starpoints. Your yearly limit remains at 30,000 Starpoints s.... More »
Today only - 5x Aeroplan Miles with Amazon.ca via Aeroplan eStore's 12 Days of Gifting Dec 9th
Last week Aeroplan launched the 12 days of Gifting for shopping online via the Aeroplan eStore and today's offer is one most of you look forward to - especially if you missed it for the Black Friday/Cyber Monday weekend. And that offer is 5x miles for shopping at Amazon.ca. Happy shopping!Learn more.... More »
New increased welcome bonus of 950 miles on BMO's no fee AIR MILES cards + earn 5x miles at Shell until the end of the year + MORE Aug 18th
BMO updated their portfolio of no fee AIR MILES credit cards today with a new increased welcome bonus offer of 950 AIR MILES Rewards Miles. This is an increased of 150 miles over the previous offer that we have seen for sometime now. That 950 miles is worth $100 in cash if you are collecting AIR MIL.... More »
The Best Online Banks in Canada for 2022 + MORE Oct 24th
According to the Canadian Bankers Association, 90% of Canadians reported using online banking in the past year, and almost 50% say that digital is their preferred banking channel. The trend towards online banking isn’t a new one, but it certainly was hastened by the isolation and mandatory quarant.... More »
RWRDS Daily Update Nov 11: The no fee Neo World Mastercard with up to 2% cash back is now available Nov 12th
The no fee Neo World Mastercard with up to 2% cash back is now available, Skip Launches Skip+ paid membership program which includes partnerships with CIBC, WestJet, Live Nation & the NHL and Catch up on This Week in RWRDS. Check out today's points & miles updates here:
The post RWRDS Dail.... More »
MBNA TrueLine MasterCard Launches Personalized Interest Rate
– ratesupermarket.ca
In the world of consumer borrowing, the affordability of a loan – aka. scoring the best rate – is dependent on a few factors: the applicant’s current debt ratio, income level, existing assets, and their credit score. However, credit cards are usually exempt from this model – they come with a fixed cost of borrowing and, while a pristine credit score can qualify you for plusher rewards and a higher limit, there isn’t much wiggle room when it comes to paying interest.
Previously, customers looking to pay less could apply for low interest options, or sign up for limited-time balance transfer promotions. Now, MBNA has changed the game, introducing a credit card that tailors its interest rate based on the cardholder’s credit score.
The new card is actually a relaunch of the lender’s popular TrueLine MasterCard, a no-fee option that offered 9.99 per cent on purchases and balance transfers. The new version will charge an interest rate ranging from 5.9 per cent (the lowest on the market), to 14…
Anatomy of a credit card
– creditcards.com
With the coming of chip cards, the anatomy of a credit card has become even more crowded. Do you know what all the parts are and what they do?
