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.
Aeroplan update from Air Canada - fewer miles for Market Fare Flight Rewards and more + MORE May 1st
Here is the latest news on Air Canada's takeover of Aeroplan. It is dated May 1 but it is already up on the Aeroplan website:Back in January, we shared the news that Air Canada had completed its acquisition of Aeroplan, delivering on our promise to keep your Aeroplan Miles safe, and bringing .... More »
With a good travel credit card, travel suddenly becomes affordable. And it helps if you sign up for the right travel credit card—one that doesn’t just focus on points, but also has perks like companion flights, amazing insurance coverage and flexibility with transferring points between cards. Wh.... More »
Your Canadian credit score can make a big impact on your life, whether it’s to get a phone, apartment rental, or mortgage. The best way to get a sense of your credit situation is to get your credit score and credit report, which will give you a window into your full credit history and how .... More »
Late in February American Express released the refreshed Marriott Bonvoy™ American Express® Card. This is the new version of the Starwood Preferred Guest Credit Card from American Express that was always highly recommended by us for many years. With the name change also came an increased welcome .... More »
Meridian is making news as of late, as it recently posted the lowest two-year fixed-interest rate in recent Canadian history, compared to the “Big Five” banks and other lenders on the market. As Ontario’s largest credit union, Meridian is offering a two-year fixed mortgage at 1.98 percent.
This competitive rate may be good news for potential home owners in Ontario. Buying a home has become increasingly difficult across the country in recent years, especially in city centres like the Greater Toronto Area and Metro Vancouver, due to rising interest rates and the mortgage stress test cutting into affordability.
“The reality is that it is next to impossible for many young people to get into the housing market in Ontario today,” said Dayna Whitney, Associate Vice President, Retail, Meridian, in a press release. “We believe this is an extremely competitive rate and it represents an exceptional opportunity to save – particularly for first-time homebuyers.”
The new rate is available to Ontarians who are:
looking to own a primary property up to a maximum purchase price of $1 million with an outstanding mortgage balance (after down payment) of $799,000 or less…