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?
Latest News
Canada's Choice results are in! See who Canada chose as their favourite credit cards and loyalty programs + MORE Oct 20th
Canada, we asked you to come out and vote for your favourite credit cards and loyalty programs in late September and early October for our Canada's Choice awards. The results are in and we are pleased to present them to you here. For some categories there are no surprises while we were definit.... More »
Canadian Dental Care Plan news: All age groups can now apply + MORE May 30th
How to apply for the Canadian Dental Care Plan
As of May 29, 2025, the Canadian Dental Care Plan (CDCP)—a federal program designed to make dental care more affordable for those Canadians without access to dental insurance—is open to all age groups.
Access to the program has been expa.... More »
The HSBC World Elite Mastercard will undergo some changes in February + MORE Nov 1st
The best travel rewards Mastercard in Canada will be undergoing some changes in February. The no foreign transaction fee HSBC World Elite® Mastercard® has been making inroads in our market since its launch in 2017 and will now see its first major revamp. The news is both good and not so good ̵.... 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 »
Money management: What to do when COVID-19 debt payment deferrals are over + MORE Apr 1st
You remember last year when credit card companies and other financial institutions offered payment deferrals for people who needed the help? Well, those payments are coming due.
Beth works in real estate, and deferred both her credit card and mortgage payments for six months last year, after the C.... More »
Personal Loan Vs. Line of Credit: Which Should I Get?
– ratesupermarket.ca
In today’s ever-evolving market of loan products, it can sometimes feel like there are too many options to choose from – and each with its own complex fine print. Obtaining a line of credit or personal loan from a bank or lender has been a common way for Canadian consumers to get a cash injection for decades.
But what are the differences between the two? And when may someone be advised to apply for a personal loan over a line of credit, or vice versa?
Why should I get a line of credit?
A line of credit has many similar features to that of a credit card, allowing the consumer to borrow money up to a pre-set limit. The borrower can use the funds however they choose and can spend as little or as much of the allotted credit. Most lines of credit also offer interest-only payment agreements, allowing the borrower to pay back the principal balance at any time.
Personal lines of credit may be secured or unsecured, but borrowers are advised to apply for secured lines of credit when possible…
Maximize credit card rewards miles redemption with partner airlines – CreditCards.com
– creditcards.com
On most award charts you will find ‘sweet spots’ where a particular award is priced very competitively and offers a better value.
Netflix Canada warns users of fraudulent messages asking for login details
– theglobeandmail.com
Messages tell subscribers their Netflix access has been suspended due to a payment issue, while directing them to a fake Netflix website that asks for their credit card info
