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?
The number of Canadian millionaires will jump by more than half in the next five years: Credit Suisse Oct 21st
The number of millionaires in Canada will jump by more than half in the next five years, a faster growth rate than other developed countries like the U.S., according to a new wealth report from banking giant Credit Suisse..... More »
October 12 Update: Amex provides more details on Platinum Card travel credit, PC Optimum Spend Your Points Event, AIR MILES Take Off Shopping contest + MORE Oct 13th
Here is a follow up to the news about the annual travel credit for The Platinum Card from American Express. We ourselves had reached out to Amex for more details and here is the response. This should answer some of the questions we have received from our readers: Confirming a change has recently .... More »
Weekly rate report: Average card APR climbs to all-time record high of 17.07 percent + MORE Oct 11th
October 10, 2018: The average credit card interest rate smashed another record this week, climbing to 17.07 percent – an all-time high..... More »
The HSBC World Elite Mastercard is a relatively new card in the Canadian market. This is not their 'Premier World Elite' which is meant for people who bank at HSBC but rather this card is for any Canadian and it is essentially the same as the Premier version. When HSBC launched .... More »
There are 34 federal departments and agencies that allow citizens and others to pay for services with credit and debit cards. An internal briefing note, obtained by CBC News, shows that half of those institutions have flunked a global test designed to help ensure that personal information is not breached by hackers.