New 100,000 PC Optimum points offer on PC Financial Credit Cards + MORE May 2nd

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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American Express Cobalt Card: The best card in Canada offering 30,000 welcome bonus points + 5x points on your eats and drinks + MORE Jun 21st

 If you are a Rewards Canada regular then this card needs no introduction, however over the past couple of weeks we've had quite a few new visitors to the site so we want to introduce you to best credit card in Canada and the one that should be in every Canadian's wallet. That card is the .... More »
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Top Cash Back Credit Card Sign Up offers for August - These cards provide the best value out of their welcome bonuses Aug 3rd

 Here are Rewards Canada's Top 5 Cash Back Credit Card Sign Up offers for the month of August 2022. This is not a 'best' credit card list like our Top Cash Back Credit Card rankings but instead a look at cards that have very good acquisition (welcome/sign up) offers. As always when choosing .... More »
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RBC Rewards has now officially become Avion Rewards Sep 18th

How to go about securing the best rate and plan for your credit card in Canada. RBC Rewards has now officially become Avion Rewards - RewardsCanada.caRBC Royal Bank has completed the re-branding of their RBC Rewards program to Avion Rewards. First announced in July and launched this past week.... More »
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TD Aeroplan cardholders: Earn 2 bonus points per dollar spent on foreign exchange purchases Jul 3rd

For the next two months TD Aeroplan cardholders well 2 bonus points per dollar spent on foreign exchange purchases. That is, 2 bonus points on any purchases that are not in C$. So whether you are shopping online from outside of Canada or travelling outside our borders you earn those 2 bonus Aeroplan.... More »
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New WestJet Rewards Status Match Offer for Air Canada, Porter & British Airways elite members + MORE Sep 15th

 WestJet Rewards has come out with a great new status match offer and challenge to keep that status. Elite members from Air Canada Aeroplan, Porter Airlines VIPorter & British Airways Executive Club can receive automatic matched status in WestJet Rewards until December 15, 2022. Then, to ke.... More »
New 100,000 PC Optimum points offer on PC Financial Credit CardsWe have yet another 100K offer for PC Financial Mastercards. You can receive this bonus when you apply by May 5, 2022 and it is good for any one of the three cards in their portfolio: PC Financial MastercardPC Financial World MastercardPC Financial World Elite Mastercard To receive the bonus you need to apply via this link and make your first purchase with your new card at a participating store where President’s Choice® products are sold. I would recommend taking a screen shot of the offer page and the terms and conditions as some of our readers in the past have noted difficulty in getting the bonus.Those 100,000 points once you receive them are worth $100 towards purchases made any participating PC Optimum stores like Loblaw banner stores (Loblaw, Real Canadian Superstore etc.) Shoppers Drug Mart and so on.  Recommended reading:  PC Financial World Elite Mastercard ReviewThe World Elite version of these cards is a strong point earner for purchases made at locations where you earn PC Optimum points but purchases made outside of that it sees an earn rate that is pretty average at only 1%…

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What Credit Score Is Needed for a House?

– canadianfinanceblog.com

According to CMHC, the share of new mortgage holders with credit scores below 660 in Canada has dropped significantly over the past decade, from 8.0% to less than 5% on a national basis. In the fourth quarter of 2021, the rate was 4.5%. While there may be several reasons for this, the evidence suggests that lending criteria are tightening.
We all know that having good credit is essential when you want to borrow money. But how good does your credit have to be to get a mortgage in Canada, and what kind of credit score do you need to have? This article will tell you what credit score you should shoot for and what options you have if you have a low credit score.
What Is Considered a Good Credit Score?
The majority of credit scores in Canada range between 500 and 800, with 500 considered poor and 800 or above excellent. I’ve broken the different ranges down below, and for more information, feel free to check out our guide to credit scores in Canada.

800 and over: Excellent
720-799: Very Good
650-719: Good
600-649: Fair/Average
Under 600: Poor

How Can I Check My Credit Score?
If you’re unsure what your credit score is, you can obtain it from one of Canada’s two credit bureaus, Equifax and TransUnion…

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The credit card to consider getting right now - May 2022 We continue our new monthly feature where we recommend a card to consider applying for right away during the course of the current month.  How do we pick which card should be highlighted? We’ll look at numerous factors however in most cases it will primarily be due to the limited time offer on the highlighted card ending that month or shortly thereafter. In some cases, it may be different factors or a combination of factors like we saw last month. This month it’s the former however, where it is simply an offer that will be ending.Disclaimer: This post is guidance provided by us for our readers – you don’t have to go out and get this card if it doesn’t suit your needs!The credit card to consider right now – May 2022 The card to consider getting right now in May 2022 is the TD First Class Travel® Visa Infinite* Card Why is this is the card to consider right now?The limited time welcome bonus of up to 100,000 points, 0% interest on travel purchases made in the first six months and a first year annual fee rebate ends on May 29…

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