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Latest News
Favorite credit card poll: Many stick with the same card at their own expense + MORE Mar 6th
A new CreditCards.com poll finds only 15 percent of Americans have swapped out their go-to credit card in the past year. Meanwhile, 30 percent have never changed the card that sits atop their wallet..... More »
Canada’s best credit cards for online shopping + MORE Jun 1st
In Canada, online shopping accounts for purchases in the billions annually, and it’s easy to see why. Instead of pounding the pavement, braving fitting rooms or standing in lines, online shoppers make their purchases with a few clicks and taps. Plus, who doesn’t like getting mail?
When it comes .... More »
Coming Soon: Use your Aeroplan Miles to pay for taxes and fees on award flights + MORE Mar 1st
About a year ago we posted about a targeted offer from Aeroplan whereby select members could use their Aeroplan miles to pay for the taxes and fees on award flights. The good news from Aeroplan today is that this test run obviously provided good results as the option to use miles for taxes and fees .... More »
'Completely unfair': Air Miles customers say too few rewards for expiring points Jul 24th
In the race to redeem their Air Miles before they expire, collectors are expressing frustrations about limited rewards options. Many are upset they can't access cash rewards like gift cards..... More »
Last Chance: Earn up to 80,000 points with the HSBC World Elite Mastercard + MORE Aug 26th
The current limited time welcome bonus offer for the HSBC World Elite® Mastercard® of up to 80,000 bonus HSBC Rewards points will end on August 31. It will not be extended after that date and the offer replacing won’t be this good. If you’ve had your eye on the card that Rewards Canada.... More »
International credit rating agency Moody’s says three resource-rich provinces can withstand a drop in oil prices, but some will feel a pinch if the slump lasts for a long period of time.
'Spam Nation' author Brian Krebs sheds light on card data black market
– creditcards.com
An insider on the digital black market, Brian Krebs uncovers major credit card breaches before the big retailers know what hit them. He takes readers along in his book ‘Spam Nation.’
Reverse Mortgages: Why They’re An Expensive Option
– ratesupermarket.ca
Ask advisors whether the money tied up in your home should be counted as an asset that you can tap in retirement and you’ll get a wide variety of opinions.
Most financial planning software programs don’t consider home equity when tallying potential retirement income. In looking at the few that do, it’s clear that there’s no agreed-upon method for calculating its impact on your financial future.
Despite this, home equity remains a tempting target for older investors to tap. Don’t forget that close to three quarters of Canadians over age 60 are homeowners, not renters — a considerably higher rate than for most other age groups.
You can always downsize, of course, and invest the difference. But, other than that, there really aren’t a lot of options when it comes to wringing money out of your home.
Also Read: Learn More About Reverse Mortgages>
Helocs Not Generally Available
A home equity line of credit secured against the value of your property is likely your best bet…
Nov 17 Update: The Canada’s Choice results are out, Emirates free stopover in Dubai offer, SPG buy Starpoints discount
– RewardsCanada.ca
The results are out! News, Tips & TricksWe asked and you voted Canada! Today we released the results of our 4th annual Canada’s Choice for Travel Rewards Credit Cards. We thank you all for coming out to vote as we once again had a record turn out with more than 18,000 votes! Amex took back the spots they lost last year to RBC and took 4 out of 5 categories however the RBC WestJet World MasterCard held onto top spot in the Airline category. Find all the details and rankings at rewardscanada.ca/canadaschoiceEmirates is offering a complimentary stopover at the JW Marriott Marquis, Dubai when you book a round-trip ticket in First Class or Business Class from Toronto to Abidjan, Accra, Addis Ababa, Algiers, Cape Town, Casablanca, Conakry, Dakar, Durban, Entebbe, Harare, Johannesburg, Lagos, Luanda, Lusaka, Nairobi, Tripoli, and Tunis in Africa or Bangkok, Beijing, Guangzhou, Ho Chi Minh City, Hong Kong, Jakarta, Kuala Lumpur, Osaka, Phuket, Seoul, Shanghai, Singapore, Taipei and Tokyo in Asia…Nov 18 Update: Delta eliminates stopovers on award tickets, KLM Edmonton seat sale, Delta Toronto Hotel opening offers
– RewardsCanada.ca
Tuesday turns out to be a bit quiet… News, Tips & Tricks If you like to give out gift baskets for the holidays you can order them Costco.ca and earn double Aeroplan miles on them until November 24. Find out more here. Delta SkyMiles has made it official that they will be removing stopovers on award tickets as of January 1st, 2015, see here for detailsIn the bonus offer section you’ll see an Aeroplan rebate for stays at the new Delta Toronto Hotel. Now that this hotel is open we’re seeing more offers like these. Amex is offering select cardmembers a $100 statement credit if you spend $500 at the hotel and now there is this Aeroplan offer.Also don’t forget to check out the fourth annual Canada’s Choice results! www.rewardscanada.ca/canadaschoice Travel DealsKLM is ramping up the deals for their new Edmonton to Amsterdam route that launches on May 1st 2015. Right now you can fly for as low as $739 all in from Edmonton to Europe! Book by Nov 23 for travel in 2015! Book online here…
