All about Canadian credit cards. Learn the ins and outs and get the latest news.
Latest News
When is open banking coming to Canada? Ottawa says “at the earliest opportunity” Jun 19th
The federal government says it will introduce legislation to implement open banking at its “earliest opportunity” as some advocates warn the project’s momentum may have stalled.
Open banking or consumer-driven banking, as Ottawa calls it, is about allowing Canadians and businesses to secure.... More »
In Somalia Meteorite, Scientists Discover 2 Minerals Never-Before-Seen On Earth - NDTV + MORE Nov 30th
In Somalia Meteorite, Scientists Discover 2 Minerals Never-Before-Seen On Earth NDTVSomalia meteorite: Joy as scientists find two new minerals BBCNew minerals discovered in massive meteorite may reveal clues to asteroid formation Phys.orgIn meteorite, Alberta researc.... More »
October 25 Update: Air Canada adding new Quebec City to Calgary & Vancouver flights and earn 1,000 bonus points on your next Best Western stay + MORE Oct 26th
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 »
Top ways that credit card fees sneak into your trip + MORE Jul 19th
It’s summertime, and that means break time for many Canadians. If you’ve been using a credit card to book your holiday and spending while on vacation, you might be paying more than you think. While travel credit cards often offer perks or rewards, they can often come with expensive upfront annua.... More »
February 10 Update: Could we see an update to the Marriott Amex card and Amex cards lose access to Quebec City's Jean Lesage VIP Lounge (could be temporary) + MORE Feb 11th
Here's your Rewards Canada Daily update! Your bear 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 worth $500, ha.... More »
New welcome offer for the Laurentian Bank Visa Infinite Card – Up to 8 points per dollar in the first 3 months + annual fee credit
– RewardsCanada.ca
At the start of March Laurentian Bank came out with a new offer for their Visa Infinite Card. The offer provides new approved cardholders with 8 points per dollar spent on gas, groceries, transportation and travel purchases for the first three months from account opening. The 8 points per dollar will be awarded on the first $2,000 in spending in those categories. On top of this they will provide a $130 credit which covers the first year annual fee on the card. With simple cash back redemption rates of 10,000 points to $100 that 8 points per dollar spent on the categories listed above equates to an 8% return. This is a pretty good introductory earn rate for the card but it doesn’t match the 10% on all spending we see on cards like the SimplyCash™ Preferred Card from American Express, CIBC Dividend® Visa Infinite* Card, Scotia Momentum® VISA* Infinite card or the BMO CashBack® World Elite®* MasterCard®*. So really this offer is best suited for those who want to keep their banking with Laurentian and don’t have a credit card with them yet…'One who causes fear': Newly discovered dinosaur was a true meat-eating terror – CNET
– news.google.ca
‘One who causes fear’: Newly discovered dinosaur was a true meat-eating terror CNETThe ‘one who causes fear’—new meat-eating predator discovered Phys.orgCarnivorous dinosaur with short snout and strong bite menaced Patagonia CTV NewsThe “One Who Causes Fear” – Extremely Powerful New Meat-Eating Predator Discovered SciTechDaily’The one who causes fear’ – Scientists discover new dinosaur in Argentina Sky NewsView Full coverage on Google News
Aeroplan extending elite status to 2022, providing an elite jump start program for 2022 and further extending the pause on points expiry
– RewardsCanada.ca
We’ve said it before and we’ll say it again – Air Canada’s Aeroplan has been one of the most proactive, member oriented and rewarding loyalty programs during this pandemic and today’s news from them just builds on that. Aeroplan let us know that they will provide an automatic extension of Aeroplan Elite status, they are instituting an elite status jump start program and are further extending the pause on points expiry.Automatic of 2021 Aeroplan Elite StatusCurrent Aeroplan Elite status members rejoice! Your status is being extended right through to the end of 2022! This is awesome news from the program but news that wasn’t unexpected since many elite members aren’t flying as much as they did prior to COVID-19 while some aren’t flying at all given the current travel situation for Canadians. If you are flying or will be flying later on in the year and reach a higher status level you’ll get that level for the remainder of the year and for all of 2022. Here are some further details and examples provided to us by Air Canada:Just like this year, you’ll also be able to choose your Select Benefits once again in early 2022, so that you can enjoy the benefits that you value the most – including eUpgrade credits, Bonus Aeroplan points, and Status Passes…'One who causes fear': Newly discovered dinosaur was a true meat-eating terror – CNET
– news.google.ca
‘One who causes fear’: Newly discovered dinosaur was a true meat-eating terror CNETThe ‘one who causes fear’—new meat-eating predator discovered Phys.orgCarnivorous dinosaur with short snout and strong bite menaced Patagonia CTV NewsThe “One Who Causes Fear” – Extremely Powerful New Meat-Eating Predator Discovered SciTechDaily’The one who causes fear’ – Scientists discover new dinosaur in Argentina Sky NewsView Full coverage on Google News
How cash back credit cards work
– moneysense.ca
You know what they say: Cash is king. Whatever you want—be it travel, merchandise, services or anything else—you know you can get it with cash. That’s why cash back credit cards are so popular. They let you earn back money just by using the credit card for your everyday purchases (with some exclusions). Whether you’re after a premium card loaded with perks or a simple student card, there are so many types out there that you’re sure to find one that meets your needs. If you’ve ever wondered how cash back works, you’ve come to the right place.
How earn rates work
When you get a cash back card, you’ll earn a percentage of your purchases back in cash. How much you earn, and on which kind of purchases, depends on the card you have. Take a look at these cash back cards from CIBC:
How earn rates work
When you get a cash back card, you’ll earn a percentage of your purchases back in cash. How much you earn, and on which kind of purchases, depends on the card you have. Take a look at these cash back cards from CIBC:
Top-tier rewards
Second-tier rewards
Base rewards
Annual fee
CIBC Dividend Visa Infinite
4% on eligible gas and groceries
2% on eligible transportation, dining and recurring payments
1% on all other purchases
$120
CIBC Dividend Platinum Visa
3% on eligible on gas and groceries
2% on eligible transportation, dining and recurring payments
1% on all other purchases
$99
CIBC Dividend Visa
2% on eligible on groceries
1% on eligible transportation, dining and recurring payments
0…
