All about Canadian credit cards. Learn the ins and outs and get the latest news.
Latest News
Aeroplan Availability Alert: Business Class on Austrian Airlines out of Montreal for up to 4 or more people for Winter 2022/2023 travel + MORE Aug 1st
Spencer at Straight to the Points sent out another alert about business class tickets for up to 4 people being available on Austrian Airlines and since the airline is a Star Alliance member you can use your Aeroplan points to redeem for these flights. Availability is showing from November 2.... More »
Coveted 50% Transfer Bonus for RBC Rewards (Avion only) to British Airways Executive Club is back until Dec 15, 19 + MORE Nov 5th
RBC Avioners rejoice! The 50% transfer bonus to British Airways Executive has made a come back after three years! Last seen in November of 2016 (see our post here) many of us thought this awesome offer was never to be seen again! We have become accustomed to the 30% twice per year since then but.... More »
What happens to your debt when you die + MORE Mar 3rd
Ask MoneySense
I carry a lot of credit card debt and haven’t made a dent in my mortgage. I’m in my 60s, and I’m starting to think about next steps for my family. After I die, will my family inherit my debt?—Terry
Thanks for your question, Terry. You’re definitely not alone in worrying .... More »
April 20 Update: Air Canada Buddy Pass conversion based on application date not posting date and convert Coast Rewards points to Aeroplan with a 4x points bonus + MORE Apr 20th
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. According to an interview with Air Canada Aeroplan execs that Anshul at Points, Miles & Bling had over this past weekend the buddy pass co.... More »
The BMO AIR MILES Mastercards are due for another revamp + MORE Jun 15th
In light of the recent news of Sobeys et al. moving from AIR MILES to Scene+ and my updating of the Rewards Canada review of the BMO AIR MILES World Elite Mastercard it became very apparent to me that BMO is going to have to revamp their portfolio of AIR MILES co-brand credit cards. In this post we'.... More »
Rate survey: Average card APR remains unchanged at 15.18 percent
– creditcards.com
June 22, 2016: Interest rates on new credit card offers held still this week, according to the CreditCards.com Weekly Credit Card Rate Report.
As referendum looms, some Europeans eye British passports
– canadianbusiness.com
LONDON – A few months ago, London-based lawyer Yves Elbaz went rummaging through his papers for tax and banking documents and began drafting his application to Britain’s immigration authorities. With the country due to vote this Thursday on whether it should leave the European Union, the Canadian-French national wanted to make sure he could stay.
“I love the thought of living every day on an island, where the foundations of the English-speaking world started,” the 36-year-old says.
Like others who hold EU passports, Elbaz arrived in Britain without a visa and didn’t need to bother with one before he started his job. But that principle of free movement may have to be renegotiated or even abandoned in favour of a new visa regime if voters favour a British exit, or Brexit, from the 28-member bloc.
The estimated 3 million or so EU citizens living in Britain aren’t likely to be thrown out overnight, but they could be faced with new rules and new paperwork — potential restrictions that have made many anxious, according to immigration lawyer Colin Yeo…
“I love the thought of living every day on an island, where the foundations of the English-speaking world started,” the 36-year-old says.
Like others who hold EU passports, Elbaz arrived in Britain without a visa and didn’t need to bother with one before he started his job. But that principle of free movement may have to be renegotiated or even abandoned in favour of a new visa regime if voters favour a British exit, or Brexit, from the 28-member bloc.
The estimated 3 million or so EU citizens living in Britain aren’t likely to be thrown out overnight, but they could be faced with new rules and new paperwork — potential restrictions that have made many anxious, according to immigration lawyer Colin Yeo…
No rewards for bad behaviour
– moneysense.ca
So many things in this world of ours sound better in theory than they actually are in real life. Like $7.99 all-you-can-eat buffets, BeDazzlers and the latest X-Files reboot. There are also a number of things in the world of personal finance that sometimes turn out to be not quite as shiny as advertised. Case in point: credit card rewards programs.
Please don’t yell at me. I know, I know, Canadians love their reward programs with a passion normally reserved for hockey, poutine and their morning Timmies. What’s not to love? Money for nothing (and your chicks for free). Please hear me out.
No matter how you slice it, here’s the inescapable truth you need to know about credit card rewards programs. In order to collect the bounty, you have to use your credit card. And in order to reap a lot of rewards, you have to use your credit card a lot. For many folks, using their credit card a lot is in itself a bit of a problem.
There are basically two types of reward programs. First, there are the ones that dole out points or miles whenever the cardholder borrows with their card…
Pay-by-selfie is coming soon
– moneysense.ca
(JPM/Image Source/Getty images)Attention BMO MasterCard holders: You’ll soon be able to pay for online purchases with a flash of your pearly whites or a quick swipe of your thumb. Set to roll out this summer, MasterCard Identity Check is a new smartphone app that swaps alphanumeric passwords for biometric authentication to let you complete credit card transactions using a selfie or fingerprint. So far, BMO is the only bank committed to making MasterCard Identity Check more widely available to the general public, but it’s quite likely more institutions will soon jump on the bandwagon. Biometric authentication is actually much safer than what’s currently being used, says John-Kurt Pliniussen, an eMarketing professor at Queen’s University.“I think the technology is here to stay.”
The post Pay-by-selfie is coming soon appeared first on MoneySense.
