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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Receive Air Canada Altitude Prestige 25K status when you earn 50,000 Aeroplan Miles via everyday activities + MORE Apr 20th
Air Canada Aeroplan revealed another great stay at home promotion for their members today. Following in the footsteps of their previous promotion where you can receive Altitude Qualifying Status Miles for donating Aeroplan miles you can now earn your way to an actual Altitude status level with this .... More »
Get the most out hotel credit card's free nights - CreditCards.com + MORE Dec 29th
Hotel credit cards often offer free nights with sign-up; get the most value out of it by staying at one of their top properties.... More »
RCMP says free trial scams are fraudulent, but credit card companies make victims pay + MORE Oct 14th
Every week, Marketplace receives dozens of emails from Canadians reporting all kinds of consumer concerns and deceptive schemes. Here's an in-depth look at the one scam that has generated more angry emails than all the rest..... More »
Canada’s best credit cards for people with bad credit 2021 + MORE Jun 4th
Conventional wisdom may lead you to believe that if you have bad credit, you should swear off credit cards. But if you want to improve your credit score, you’ll have to show you can handle credit responsibly—and the only way to do that is (you guessed it) to have a credit card. When used properl.... More »
Forgot to File Your Taxes Last Year? What You Need to Know Jun 6th
If filing your taxes before the deadline went over your head this year, procrastinating can only make things worse.
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April 14 Update: Tangerine Money-Back Credit Card is out and been added to our comparison chart, SPG Triple Up Promotion details
– RewardsCanada.ca
News, Tips & Tricks Sometime ago we mentioned details about a new cash back credit card that was going to be released from Tangerine. Well it was released about two weeks ago which means the new Tangerine Money-Back credit card has been added to our Cash Back comparison chart. The card provides up to a 4% return for the first three months then a 1 to 2% return after. See how this card compares to other cash back cards here. Starwood Preferred Gust has released the details of their next major stay offer. Registration isn’t open yet but the offer once again requires stays of 2+ nights to achieve a bonus. Those bonuses are triple Starpoints at Sheraton hotels, double everywhere else. There will be an extra 1,000 points thrown in for stays that have weekend night included. This time not all locations are participating however those that are not are few and far between. Find out more here Posts since our last update:Join Marriott Rewards and earn up to 35,000 Bonus Aeroplan Miles for your Marriott stays Similar to offers we saw in 2015, Marriott has come out with a new acquisition campaign that awards bonus…Bonus Offers Aegean Miles&Bonus- Double Miles&Bonus Miles for worldwide hotel stays booked via booking…Watch: John Oliver takes down credit report errors
– moneysense.ca
John Oliver had some choice words for credit bureaus in a segment of Last Week Tonight. In a revealing 20 minutes, Oliver slammed Experian, Equifax, and TransUnion for their shoddy track record at being even remotely accurate. (The latter two may sound familiar to you, as they’re the firms Canadians can turn to if they want access to their credit scores.) According to the segment, one in four credit reports—in the U.S., at least—contain an error, while one in 20 contained something seriously wrong. Yikes.
Take for instance the sad case of Judy Thomas, an Ohio woman who couldn’t for the life of her get approved for a loan or anything else, really. Why? Her credit report listed plenty of debts and collections, which belonged to a Utah woman named…Judith Kendall. That’s right, the credit bureau had mixed her up with someone else. What’s worse? The flub took six years to fix.
Apparently, inaccurate credit scores have been in the news for years—and none of the bureaus are really doing anything about it…
Take for instance the sad case of Judy Thomas, an Ohio woman who couldn’t for the life of her get approved for a loan or anything else, really. Why? Her credit report listed plenty of debts and collections, which belonged to a Utah woman named…Judith Kendall. That’s right, the credit bureau had mixed her up with someone else. What’s worse? The flub took six years to fix.
Apparently, inaccurate credit scores have been in the news for years—and none of the bureaus are really doing anything about it…
Positive info not always reported to all 3 credit bureaus
– creditcards.com
Big swings in credit scores can result, and that can hurt if you’re borrowing
The winners and losers of the Alberta budget
– moneysense.ca
EDMONTON – The Alberta government tabled its 2016-17 budget Thursday. Here are some of the winners and losers:
Winners: Small businesses. The small-business tax to be cut to two per cent from three per cent on Jan. 1.
Winners: Low-income families. The new Alberta Child Benefit to provide up to $2,750 each year to vulnerable families, including 235,000 children. There are also enhancements to the Alberta Family Employment Tax Credit.
Losers: Higher-income earners. The new carbon tax will cost households making more than $100,000 a year an estimated $338 annually. That will jump to $504 next year. Anyone making more than $51,250 in net pay will not receive a rebate.
Losers: Future generations of taxpayers. Alberta debt is expected to reach $58 billion by 2019.
Losers: Parents of school children. Promised reductions in school fees have been delayed for a second time.
Winners: Municipalities. The province will continue with the second year of a $35-billion accelerated capital infrastructure plan, including money for ring roads in Edmonton and Calgary and a key traffic interchange in Red Deer…
Winners: Small businesses. The small-business tax to be cut to two per cent from three per cent on Jan. 1.
Winners: Low-income families. The new Alberta Child Benefit to provide up to $2,750 each year to vulnerable families, including 235,000 children. There are also enhancements to the Alberta Family Employment Tax Credit.
Losers: Higher-income earners. The new carbon tax will cost households making more than $100,000 a year an estimated $338 annually. That will jump to $504 next year. Anyone making more than $51,250 in net pay will not receive a rebate.
Losers: Future generations of taxpayers. Alberta debt is expected to reach $58 billion by 2019.
Losers: Parents of school children. Promised reductions in school fees have been delayed for a second time.
Winners: Municipalities. The province will continue with the second year of a $35-billion accelerated capital infrastructure plan, including money for ring roads in Edmonton and Calgary and a key traffic interchange in Red Deer…
Oily roller coaster: A look at Alberta’s plunge into the budget red
– canadianbusiness.com
EDMONTON – Alberta’s NDP government tabled its second budget Thursday in an economy experiencing a significant shock from low energy prices. Here is a recent history of Alberta budgets:
2008-2009 (tabled April 22, 2008)
Slogan: The Right Plan for Today and Tomorrow
Premier: Ed Stelmach. Finance minister: Iris Evans
Total spending is up 10 per cent to a record $37 billion. Surplus of $1.6 billion. Health premiums, which have generated $1 billion annually, are eliminated to save families $1,056 annually. Alberta Employment Tax Credit increases 10 per cent to save a middle-income family with two kids $316 a year. There’s money to hire 300 more police officers and create 14,000 child-care spaces. Good times don’t last as the world economy takes a beating. By the third-quarter update, the province is on track for a $1-billion deficit — the first red ink in 15 years.
—
2009-2010 (tabled April 7, 2009)
Slogan: Building On Our Strength
Premier: Ed Stelmach; Finance minister: Iris Evans
Budget forecasts a $4…
2008-2009 (tabled April 22, 2008)
Slogan: The Right Plan for Today and Tomorrow
Premier: Ed Stelmach. Finance minister: Iris Evans
Total spending is up 10 per cent to a record $37 billion. Surplus of $1.6 billion. Health premiums, which have generated $1 billion annually, are eliminated to save families $1,056 annually. Alberta Employment Tax Credit increases 10 per cent to save a middle-income family with two kids $316 a year. There’s money to hire 300 more police officers and create 14,000 child-care spaces. Good times don’t last as the world economy takes a beating. By the third-quarter update, the province is on track for a $1-billion deficit — the first red ink in 15 years.
—
2009-2010 (tabled April 7, 2009)
Slogan: Building On Our Strength
Premier: Ed Stelmach; Finance minister: Iris Evans
Budget forecasts a $4…
