The “Big Five” Canadian banks offer credit cards and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Did you know that there are many other options?
Canadian American Express Cards will lose non-lounge benefits from their Priority Pass Memberships May 29th
If you happen to read any non-Canadian based points and miles blogs you may have seen the news yesterday that Loyalty Lobby broke about changes to Priority Pass memberships issued via American Express in Hong Kong. Fast forward a couple of hours and Gary at View From The Wing had confirmation the sa.... More »
Looking for low-interest credit cards? A credit card that has a high interest rate can quickly lead to higher debt if you’re not careful. But, with a few savvy tips, you can lower your interest rate or transfer to a card with lower interest. Here’s how to get the best interest rate for your.... More »
Amazon Prime Day bonus miles & points offers from Aeroplan, AIR MILES, American Express & more + MORE Jul 15th
Amazon Prime Day 2019 is here! The highly anticipated two days of shopping via one of the world's largest retailers offers deals on thousands of items so it is no wonder that many other companies look to capitalize on it! This includes online shopping portals, credit card companies and even competit.... More »
June 17 Update: Further update to our revised Cash Back Credit Card Comparison chart, Earn up to a 100EUR daily credit with Marriott's in Europe & more! + MORE Jun 18th
Earlier today we let you know that we finally revamped our Cash Back Credit Card comparison chart. As with the revamp of our travel credit card charts earlier in the year the tables were sortable but the headers weren't locked so that when you scrolled the table you couldn't see what each colum.... More »
June 7 Update: Earn Delta SkyMiles for Ticketmaster Canada purchases, changes to the companion fare from the MBNA Alaska Airlines Mastercards & 14 new bonuses Jun 7th
Delta SkyMiles has teamed up with Ticketmaster and for a limited time you can earn 3 SkyMiles per $1 spent on eligible transactions. Surprisingly this offer isn't just for the U.S. as you can earn the miles on events in the U.S. OR Canada! That means here in Canada you'll earn the 3 SkyMiles pe.... More »
Two weeks ago we gave quick mention to changes coming to the Scotiabank Gold American Express Card. These changes have been confirmed with Scotia and cardholders are now receiving notices of the changes which are for the most part better!Here is a summary of what’s happening to the card:Item Changing Until July 31, 19 From August 1, 2019 Annual Fee for primary cardholder $99 $120 Foreign Transaction Fee 2.5% 0% Grocery Dining Entertainment earn rate per dollar 4 points 5 points Gas 4 points 3 points Daily Transit 1 point 3 Points Select Streaming Services 1 point 3 points All other purchases 1 point 1 points Price Protection Yes No Travel Medical Insurance for those 65 years or older 10 days 3 days Trip Cancellation / Trip Interruption $2,500 per person $1,500 per personI got to catch up with and discuss the card changes with Brett Mooney, Senior Vice President, Credit Cards…
May 7 Update: 2x Points or Miles at Best Western Plus Winnipeg Airport, 30% Bonus Miles on Turkish Airlines Toronto-Istanbul flight & more!
Today is all about bonuses!The Best Western Plus near the Winnipeg Airport is offering double points or airline miles on all stays until the end of June! Perhaps you have an early flight to catch and want to stay close to the airport so this option may be right for you and you can earn extra points! Find out more hereMaybe you’re flying to Toronto to connect to Turkish Airlines’s flight to Istanbul and if that’s the case and it’s in June you can earn 30% bonus Miles&Smiles miles on the flight! Of course you don’t have to be coming from Winnipeg – this bonus is for anyone flying between Toronto and Istanbul on a paid ticket in celebration of 30 years of Miles&Smiles. There are eight other routes that have the bonus as well so if you are connecting via Istanbul to anyone of those cities you’ll earn the 30% bonus on that segment as well. Find out more here. Posts since our last update:More details on the revamped Scotiabank Gold American Express Card – all changes are confirmed Two weeks ago we gave quick mention to changes coming to the Scotiabank Gold American Express Card…
Bank of Canada Governor Stephen Poloz says it’s time to rethink how we manage mortgages in Canada. In a speech this week to the Canadian Credit Union Association and Winnipeg Chamber of Commerce, Poloz suggests we should encourage longer term mortgages and create a market for private mortgage based security. All in an effort to ease some of the financial obstacles homebuyers face getting into the real estate market. This is especially true for first time homebuyers.
In his prepared remarks to the conference called “The future of Canada’s mortgage market,” Poloz said, “More choice for borrowers and more ways for lenders to diversify risks are desirable. To be clear, the system is not broken – it has served Canadians and financial institutions well. But we should not stop looking for improvements.”
Poloz also pointed to new measures announced in the Federal Budget as a progressive move for the mortgage system. That move will see the Canadian Mortgage and Housing Corporation (CMHC) share an equity stake with first time homebuyers in their purchase…