How to go about securing the best rate and plan for your credit card in Canada.
Latest News
May 1 Update: Etihad not an Aeroplan partner quite yet, Marriott entering the home rental market & more! + MORE May 2nd
Yesterday was quite the Air Canada Aeroplan day on our site with six blog posts covering Air Canada and Aeroplan (and one more today to boot!) Two of those posts, the ones looking at Market Fare Rewards and Etihad becoming an Aeroplan partner stemmed from my visits to the Aeroplan site yesterday t.... More »
Air Canada Aeroplan Award Flight Sale: Save up to 20% in points on flights to select European destinations + MORE Mar 30th
Air Canada has launched an Aeroplan Award flight sale for travel to select destinations in Europe. This sale provides up to a 20% discount in the points required to redeem for flights when you book by April 12. The discount and travel dates vary by location as listed below. Receive up to .... More »
Hamilton staycation bonus points - 2,500 bonus points for stays of 2 or more nights at The TownePlace Suites by Marriott, Hamilton Mar 19th
Here's a nice little bonus offer to take a look at if you have been itching for a staycation in Southern Ontario. Starting tomorrow and running through to June 4 you can earn 2,500 bonus Bonvoy points for a 2 night or longer stay at the new TownePlace Suites by Marriott, Hamilton. This o.... More »
7 everyday card questions that can leave you confused + MORE Mar 21st
Here are the most common simple yet vexing questions regarding credit and debit cards, and how you can answer them with confidence..... More »
2024 Super Bowl ads may cater to women viewers – some credit Taylor Swift - BBC.com + MORE Feb 9th
2024 Super Bowl ads may cater to women viewers – some credit Taylor Swift BBC.comWelcome to Japan, Taylor Swift Fans. Please Remain Seated as You Cheer. The New York TimesWant to place bets on Taylor Swift at the Super Bowl? Ontario's gambling rules have you covered &nbs.... More »
June 24 Update: newleaf marks its return, SPG Amex supplementary cards free in first year, Best Western promo update
– RewardsCanada.ca
News, Tips & Tricks If you watched any Canadian news broadcasts last night you’ll have seen one of the big new stories as being the return of newleaf. The ultra low cost carrier was originally slated to start service on February 12th but the CTA did not grant them their license since the flights were not operated by them but by Flair Air out of Kelowna. Flair Air is a division of Kelowna Flightcraft, best known for their cargo services and also the being the airline that was Greyhound Air back in the 90s! Now, it looks like everything has been cleared up with the CTA and newleaf is ready to launch on July 25th with the following schedule:Edmonton – Abbotsford 2 weekly (Day 47)Edmonton – Fort St. John 2 weekly (Day 47)Edmonton – Kamloops 2 weekly (Day 36) Hamilton – Edmonton 2 weekly (Day 15)Hamilton – Halifax 2 weekly (Day 47)Hamilton – Moncton 2 weekly (Day 15)Hamilton – Saskatoon 2 weekly (Day 36)Hamilton – Winnipeg 3 weekly (Day 157)Kamloops – Victoria 2 weekly (Day 36)Kelowna – Regina 2 weekly (Day 47)Kelowna – Saskatoon 2 weekly (Day 36)Kelowna – Winnipeg 3 weekly (Day 157)Winnipeg – Abbotsford 2 weekly (Day 47)Winnipeg – Victoria 2 weekly (Day 47)The airline is going to be run much like Ireland’s Ryanair and the U…Review: MBNA Rewards MasterCard®
– ratesupermarket.ca
Are you looking for a card that gets you rewards for travel or merchandise, as well as cash back? MBNA, a division of the Toronto-Dominion bank, has unveiled another card to help you earn rewards that you can put towards your passions. This group of cards are associated with hundreds of Canadian membership organizations as well as sports teams, educational and financial institutions and charities. The new MBNA Rewards MasterCard® acts as multiple cards in one, is easy to use and has no annual fee.
Card Details
How to Qualify for the Card
You are a Canadian resident with a Canadian credit file
You must be the age of majority in your province or territory of residence
You have not filed for bankruptcy and don’t have any seriously past due payments
Value of one MBNA rewards point: $1.00
What are the best credit cards in Canada? Check out our 2015 Best of Finance picks for travel, merchandise and gift card rewards!
Sign Up Bonus: Average
The 5,000 sign up points that the cardholder receives after their first eligible purchase amounts to $50…
Pay down your mortgage faster to save in interest
– moneysense.ca
OTTAWA – When shopping for a mortgage, most Canadians focus on the interest and how much they can save with a lower rate.
But paying a few extra dollars every two weeks instead of the usual monthly payment or making an extra lump sum payment once a year can also save borrowers thousands in interest and shorten the time it takes to pay off a mortgage by years.
How mortgage payments work »
Wade Stayzer of Meridian Credit Union says homeowners need to understand of how much they can afford to pay and work from there.
“You really need to understand your personal financial situation and what it is you’re trying to accomplish,” said Stayzer, Meridian’s vice-president of sales and service.
The rules governing how much borrowers can increase payments or put down in a lump sum vary depending on the mortgage contract, so it’s important to read the fine print.
For those looking to pay off a mortgage faster and can afford it, Stayzer recommends increasing regular payments over saving up and making an annual lump sum payment…
But paying a few extra dollars every two weeks instead of the usual monthly payment or making an extra lump sum payment once a year can also save borrowers thousands in interest and shorten the time it takes to pay off a mortgage by years.
How mortgage payments work »
Wade Stayzer of Meridian Credit Union says homeowners need to understand of how much they can afford to pay and work from there.
“You really need to understand your personal financial situation and what it is you’re trying to accomplish,” said Stayzer, Meridian’s vice-president of sales and service.
The rules governing how much borrowers can increase payments or put down in a lump sum vary depending on the mortgage contract, so it’s important to read the fine print.
For those looking to pay off a mortgage faster and can afford it, Stayzer recommends increasing regular payments over saving up and making an annual lump sum payment…
