Rate survey: Average card APR stays put at 16.41 percent + MORE Feb 14th

There are more credit card options in Canada than you can shake a stick at! Stay on top of the best rates and plans right here.
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RWRDS Daily Update – December 11, 2023 + MORE Dec 12th

The Ultimate Aeroplan & Air Canada Credit Card Portfolios have been updated, three new statement credit offers from Amex Offers and Lynx Air adding non-stop Ottawa to Calgary flights in 2024. Check out today's points & miles updates here: The post RWRDS Daily Update – December 11, 2023 a.... More »
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TD Bank reports $1.58B Q1 profit, down 58% from year ago - BNN Bloomberg + MORE Mar 2nd

TD Bank reports $1.58B Q1 profit, down 58% from year ago  BNN BloombergTD tops analysts' forecasts as improved margins offset higher provisions for bad loans  The Globe and MailRBC reports Q1 profit down as expenses, provisions for credit losses rise  Yahoo Movies Canad.... More »

Tesla Earnings: What To Expect From Results And Musk's Call (Live Coverage) - Investor's Business Daily + MORE Oct 22nd

Tesla Earnings: What To Expect From Results And Musk's Call (Live Coverage)  Investor's Business DailyTesla's record revenue tops forecasts as tax credit expiry drives US EV sales  YahooTesla Earnings Miss Despite Record Third-Quarter Sales Surge  Bloomberg.comTesla pro.... More »
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April 13 Update: 25 Free AIR MILES, 100 Free ConnectMiles and save 50% on a second room with Starwood in EMEA + MORE Apr 13th

You can get 25 Free AIR MILES Reward Miles for subscribing to Lowes emails! Find out more here. (Bonus Miles will not be awarded to residents in Nova Scotia, New Brunswick, PEI, Newfoundland and Labrador)And speaking of free miles, over on FFB we detailed how you can get 100 Free Copa ConnectMiles -.... More »
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Should I ask my issuers to reduce my credit limits after my debt is paid off? + MORE Jan 24th

Lower credit limits can hurt your credit score if you continue to carry balances on your cards after paying off your current debts. If you have less available credit, your credit utilization ratio will increase more quickly as you use your cards..... More »
Feb. 14, 2018: The average credit card interest rate remained at a record high Wednesday, according to the CreditCards.com Weekly Credit Card Rate Report.

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MONTREAL _ Economists say recently enacted U.S. tax reforms will hurt Canada’s competitiveness and give companies another reason to set up shop in or even relocate south of the border.
Ian de Verteuil of CIBC World Markets says the drop in the U.S. corporate tax rate to 21 per cent from 35 per cent makes Canada a less attractive destination to locate a head office.
In a report, he says people shouldn’t expect any more inversions that have been used by Restaurant Brands International Inc. to buy Tim Hortons and Valeant Pharmaceuticals International, Inc. to acquire Biovail Corporation.
Inversions happen when a foreign company merges with a U.S. or domestic firm, resulting in a new parent company being based in another country with lower tax rates.
The U.S. was the only G7 country that taxed companies regardless where they were located in the world. That encouraged many to set up in Ireland or Canada where they would get a credit for taxes paid at a lower rate than in the U.S…

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BMO Rewards World Elite MasterCard Review - 2018 UpdateThis is an excerpt of our review that appears on the main Rewards Canada site which has been updated to incorporate all the changes the card underwent on January 15, 2018:In the middle of March 2010 BMO came out with a new Mastercard offering to compete with the Visa Infinite cards issued by other banks in Canada. Until then BMO has only offered Gold or Platinum versions of the various Mastercards they issued. One can assume BMO came out with this card for several reasons. The first is that BMO needed to keep its higher end clientele from jumping ship from their current line of cards to the premium Infinite cards offered by banks like CIBC and RBC. The second reason would be to try and pull some of the current Visa Infinite cardholders away from those other banks, particularly if they are BMO clients to start with. On January 15, 2018 the card underwent some changes which are reflected in this update of the review. OverviewThe World Elite tag is Mastercard’s premium card offering much like Visa’s Infinite/Signature branding and is a step up from the World Mastercard…

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Assuming another’s high-interest debt can help them lower their debt costs, but you may never get paid back

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