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?
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DBRS upgrades outlook on Bombardier on improved finances, keeps rating unchanged + MORE Jun 2nd
DBRS Ltd. changes its trend outlook on Bombardier Inc. from stable to positive, but keeps its credit rating unchanged at B..... More »
How To Save On Back to School Shopping Aug 29th
Back to school season is officially in full swing. If you haven’t finished shopping for your school-bound child, you’ll most likely be hitting the mall soon to get it all done. This is an expensive time of year for parents trying to get their children prepared for back to class. According to a .... More »
WestJet Halloween Promo Code - Save 20% on flights in Canada, to the U.S., Sun Destinations and Europe + MORE Oct 30th
WestJet is also celebrating the Halloween weekend with a promo code that provides 20% off flights to all WestJet destinations. The code works for all fare economy and premium economy classes but is not available for business class. The sale ends on November 1 and is good for travel November 2,.... More »
December 28 Update: Receive a $100 Visa Card each night you stay in Kingston, 20% off gift cards via RBC Rewards & Canada Jetlines takes delivery of their 1st plane Dec 29th
Here's your Rewards Canada Daily update! Your daily dose (or near daily dose) of loyalty program, credit card and travel news, bonuses, deals and more. This update is brought to you by the HSBC World Elite Mastercard which is currently offering a welcome bonus of up to 100,000 bonus points.... More »
Is There a Winner In Your Wallet? + MORE Oct 23rd
On the hunt for a new credit card, bank account or investment? Look no further – we’ve crunched the numbers to find the very best personal finance products in the country. Check out our picks, and see how much more you could be earning and saving – whether you’re looking to score po.... More »
Mortgage debt growth slowed: Statistics Canada
– macleans.ca
OTTAWA – Statistics Canada says mortgage debt at the end of the first quarter was up by 0.6 per cent from the previous quarter, the slowest pace of growth since early 2009.
The agency says mortgage debt totalled more than $1.1 trillion at the end of the first quarter.
The move came as Statistics Canada said the level of household credit market debt to disposable income edged down to 163.2 per cent in the first quarter compared with 163.9 per cent in the fourth quarter of 2013.
The decrease means Canadians owe just over $1.63 for every $1 in disposable income they earn in a year.
It says consumer credit debt edged down 0.3 per cent from the fourth quarter to $507 billion.
Household net worth grew by 2.5 per cent in the first quarter, led by a 3.2 per cent gain in the value of shares and other equities. The increase in household net worth was also supported by a 2.0 per cent gain in the value of household real estate. On a per capita basis, household net worth rose to $222,600 in the first quarter…
The agency says mortgage debt totalled more than $1.1 trillion at the end of the first quarter.
The move came as Statistics Canada said the level of household credit market debt to disposable income edged down to 163.2 per cent in the first quarter compared with 163.9 per cent in the fourth quarter of 2013.
The decrease means Canadians owe just over $1.63 for every $1 in disposable income they earn in a year.
It says consumer credit debt edged down 0.3 per cent from the fourth quarter to $507 billion.
Household net worth grew by 2.5 per cent in the first quarter, led by a 3.2 per cent gain in the value of shares and other equities. The increase in household net worth was also supported by a 2.0 per cent gain in the value of household real estate. On a per capita basis, household net worth rose to $222,600 in the first quarter…
Mortgage debt growth slowed: Statistics Canada
– macleans.ca
OTTAWA – Statistics Canada says mortgage debt at the end of the first quarter was up by 0.6 per cent from the previous quarter, the slowest pace of growth since early 2009.
The agency says mortgage debt totalled more than $1.1 trillion at the end of the first quarter.
The move came as Statistics Canada said the level of household credit market debt to disposable income edged down to 163.2 per cent in the first quarter compared with 163.9 per cent in the fourth quarter of 2013.
The decrease means Canadians owe just over $1.63 for every $1 in disposable income they earn in a year.
It says consumer credit debt edged down 0.3 per cent from the fourth quarter to $507 billion.
Household net worth grew by 2.5 per cent in the first quarter, led by a 3.2 per cent gain in the value of shares and other equities. The increase in household net worth was also supported by a 2.0 per cent gain in the value of household real estate. On a per capita basis, household net worth rose to $222,600 in the first quarter…
The agency says mortgage debt totalled more than $1.1 trillion at the end of the first quarter.
The move came as Statistics Canada said the level of household credit market debt to disposable income edged down to 163.2 per cent in the first quarter compared with 163.9 per cent in the fourth quarter of 2013.
The decrease means Canadians owe just over $1.63 for every $1 in disposable income they earn in a year.
It says consumer credit debt edged down 0.3 per cent from the fourth quarter to $507 billion.
Household net worth grew by 2.5 per cent in the first quarter, led by a 3.2 per cent gain in the value of shares and other equities. The increase in household net worth was also supported by a 2.0 per cent gain in the value of household real estate. On a per capita basis, household net worth rose to $222,600 in the first quarter…
June 19 Update: Reader Questions on Amex to BA Transfer bonus, Starwood Canada summer sale, 12 new bonuses
– RewardsCanada.ca
#RackUpRewards twitter chat, Cathay Pacific Upgrade Auction and more! News, Tips & Tricks The one question I have been asked the most over the past few months via email, the blog, twitter and more has been “Do you know when the Amex bonus for transferring Membership Rewards Points to British Airways will return?” I talked to Amex and their response is “there are no transfer bonuses in the works.” What this means is anyone’s best guess. I personally don’t think we’ll see one in the short term ( 1-3 months) but who knows I could be wrong! I’m hoping they haven’t killed the bonus as like many of you I’m sitting on a lot of points waiting to be transferred to BA. I recently took advantage of the Diners Club Club Rewards 30% transfer bonus to BA for a small transfer (4 – Avios 9,000 RT flights) but that bonus just nets out a little above an Avios per dollar whereas the Amex transfer with a 50% bonus would net out closer to 3 Avios per dollar for me. Here’s to keeping our fingers crossed that it will be around sometime this year! On another Amex question note, some readers have asked when and if the 20K sign up bonus for the SPG Amex will return and same answer, no plans at the moment for that bonus…0-percent balance transfer after debt in collections? Good luck
– creditcards.com
Balance transfer offers aren’t lifelines offered to people with bad credit, they’re a deal for those who maintain good credit
Card rates remain locked at 15.01 percent for 7th week
– creditcards.com
June 18, 2014: Interest rates on new credit card offers didn’t budge this week, according to the CreditCards.com Weekly Credit Card Rate Report.
