Poll: Cash or card for $5 purchase? + MORE Aug 27th

The younger you are, the more likely you are to prefer debit or credit cards for payments of under $5, a new CreditCards.com poll shows

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One of the world’s best personal finance writers—Jason Zweig of the Wall Street Journal—has said there are only a handful of real personal finance columns to write. The trick, he said (and I’m paraphrasing here), is in being able to “reissue” these columns in a way that the public (or editors) don’t notice. Of course, you could go further and say that the news business in general revolves around a few fairly standard memes: if it bleeds, it leads.
In personal finance, however, we’re not in the business of covering disasters and personal tragedies, unless of course the market does a repeat of what it did in 2008. It’s a sad fact that, as investors in Bernie Madoff’s ponzi scheme found to their regret, that when the market tanks we discover who was swimming naked.
The June issue of MoneySense contained 42 items billed as being the Best Tips Ever. That issue is a “keeper.” I’m not going to reprise the tips here but instead have come up with a list of seven “personal finance chestnuts” that I hope may be useful to readers and perhaps other PF journalists…

By: Pracheer Saran
Eliana Lopez is planning to immigrate from Cali, Columbia to Toronto this October. As a newcomer she’ll already have a lot on her plate, from starting life in a new country, to job hunting, to finding her own place. However, one task that might come easier may be building a credit history; in fact, this could be underway even before she steps out of Toronto Pearson International Airport.
This is due to an exclusive deal CIBC signed with the Greater Toronto Airport Authority last December, making it the only bank to have branches and bank machines at the airport. It’s part of the bank’s strategy to target newcomers to the country – by opening bank accounts and providing other banking services for them before they leave Pearson.
Cross-global Banking: A Growing Focus
Banks are increasingly realizing the importance of reaching out to cash-strapped immigrants – especially those moving for business who, according to Immigration Canada, are expected to make at minimum a $400,000 investment to own or manage business in the country…

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OverviewBest cash-back cardsBest low-rate cardsBest retail rewards cardsBest student cardsBest business cardsBest by customer satisfactionRewards card secretsTime estimates to earn freebiesThe truth about travel cardsMethodologyCredit Card Selector Tool
Credit cards can affect your credit score in different ways, some negative, others positive. MoneySense columnist Bruce Sellery shares the tricks of the trade on Cityline and tells you just how many cards you need…

The younger you are, the more likely you are to prefer debit or credit cards for payments of under $5, a new CreditCards.com poll shows