How to go about securing the best rate and plan for your credit card in Canada.
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Find your tribe on a themed cruise + MORE Feb 24th
(Image credit: Royal Caribbean International)
They run the gamut from nudism to knitting, from chess to cheese. From the sublime to the faintly ridiculous, there seems to be a cruise for everyone.
From small groups that gather for special events to full-ship charters, what these cruises have in comm.... More »
This Week in RWRDS September 20, 2024: Canadian Mastercards losing free Boingo Wi-Fi benefit Sep 21st
This week we look at the news we broke that Mastercard cards are losing their free Boingo Wi-Fi benefit, Coast Rewards mystery vacation contest, the AIR MILES Shop the Block promotion and more in our weekly credit card and loyalty rewards newscast! Watch This Week in RWRDS here: Listen to This Week .... More »
BMO CashBack MasterCards now offer 4% cash back on all purchases in the first 4 months + MORE Feb 3rd
The sign up offers for BMO's CashBack cards changed yesterday. They have replaced the set dollar sign up bonus with increased earn on your spending in the first four months of having the cards. Both the World Elite and standard versions now offer 4% cash back on all eligible purchases for the first .... More »
January 26 Update: Many more confirmed Cobalt multiplier locations, a new Lounge Reviews page on Rewards Canada & Kimpton Hotels Winter sale + MORE Jan 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 »
Video: How EMV chips are made + MORE Sep 30th
A look behind the scenes at an ultra-secure credit card factory where small but complex smart card chips are made.... More »
Canadian small business owners looking to save money on credit and debit card transactions say the company they signed with ripped them off, in some cases for thousands of dollars.
Ontario Students Can Use Aeroplan Points to Pay Off Student Debt
– ratesupermarket.ca
Are you up to your ears in student debt? You’re not alone. Try these numbers on for size: the average university student graduated $22,000 in debt in 2013, while the average two-year college grad owed $13,000. That’s a tough way to enter the workforce, especially when there’s no guarantee you’ll land a well-paying job. With thousands facing five-figure debts, new grads are forced delay major life milestones, including buying a home, getting married and starting a family. In fact, RateSupermarket.ca’s Cost of the Future study found the average university student faces a 14-year timeline to pay off their student debt!
Also read: The Cost of Adulthood: Why New Grads Stay with Mom and Dad>
A New Take On Extra Credit
The Ontario government is throwing students a debt lifeline of sorts. A formal partnership has been reached between the Ontario Student Assistance Program (OSAP) and HigherEdPoints whereby students can apply accumulated Aeroplan miles against the balance of their student loan…
Rebuilding credit? Semisecured card may help
– creditcards.com
A semisecured card offers better terms than a secured card and can be a good stepping stone on the road to a conventional credit card
CIBC has become the first of the major banks to participate in suretap, a mobile payments system backed by wireless carriers Bell, Rogers, Telus, Koodo and Virgin.
CIBC, major wireless carriers back Suretap app
– moneysense.ca
(Getty Images)TORONTO – The Canadian Imperial Bank of Commerce (TSX:CIBC) has joined Canada’s major wireless carriers in backing the Suretap mobile payments app.
Rogers (TSX:RCI.B), Bell (TSX:BCE), Telus (TSX:T), Koodo and Virgin are all offering the mobile wallet across a range of Android and BlackBerry phones.
CIBC says its customers will be able to use Suretap to add their Visa or MasterCard credit cards to their smartphones.
That makes CIBC the first of the five biggest Canadian banks to announce its support of Suretap.
CIBC was also the first of the major banks to announce that its customers can conduct mobile banking via the Apple Watch.
The Suretap wallet uses near field communication (NFC) technology to make payments with a smartphone.
CIBC also has its own mobile payments app, which allows customers to charge purchases of up to $100 to a credit card.
“Our partnership with Suretap gives our clients choice when it comes to paying with their smartphone and builds on our commitment to delivering the payments solutions that reflect where are our clients’ needs are today and where they are going in the future,” Todd Roberts, senior vice-president of cards and payments innovation at CIBC, said in a statement…
