Rate survey: Average card rate climbs to all-time high of 16.99 percent + MORE Aug 2nd

August 1, 2018: The average credit card interest rate climbed to a record high Wednesday, according to the CreditCards.com Weekly Credit Card Rate Report

Looking to earn cash back on your daily expenditures? Don’t want to pay an annual fee? Enter the Tangerine Money-Back credit card – one of the most popular cash-back credit cards on the market.
Special offer: Apply for a Tangerine Money-Back credit card through RateSupermarket.ca and you’ll receive $50 in cash via Interac e-Transfer or an e-gift card when your application is approved. The choice is yours! Offer available until August 31, 2018.
Instead of having set categories to earn extra cash-back, the Tangerine Money-Back credit card allows you to choose up to three categories to earn extra rewards. Let’s take a look at what else this card has to offer.
Sign Up Bonus: Average
Currently, this is a no fee, cash-back card with no sign-up bonus available in terms of extra rewards. However, for a limited time, you can benefit from a low balance transfer rate only available to new cardholders. Balance transfers made within 30 days on the account are only subject to a 1.95 per cent interest rate for the first six months of cardmembership…

Loans weren’t an option for Celebration Sauna’s Katie DeCicco, so she turned to her credit cards to power up her business.

We see the return of another Aeroplan conversion bonus! Last seen in Spring, the hotel only transfer bonus is back and this time it’s back up to the 30% level which is still lower than the flat 35% seen in July 2017. You have the make sure that you transfer enough hotel points to earn 5,000 Aeroplan Miles to get the 30% bonus. You’ll have until August 20 to make any transfers and the 5,000 miles can be cumulative from multiple hotel programs – this is a good way to use up some of those orphaned hotel points you may never use if you are a frequent Aeroplan redeemer. Most of Aeroplan’s hotel partners are participating in the promotion so you can convert from any of the following to add to your final tally. You’ll notice IHG Rewards Club returns as a conversion partner. Many moons ago you could convert IHG Rewards Club points to Aeroplan but that was nixed when the IHG Rewards Club Mastercards were launched by Capital One here in Canada. Now that those cards are longer around, Aeroplan has renegotiated a new contract with IHG and the conversion option has returned!You’ll also notice that the best transfer option from past promotions, Marriott & SPG are not included this time so this promotion really only makes sense if you have points sitting in other hotel programs that you may never use or are about to expire so that you actually get some value out of them!Offer details30% Bonus Aeroplan Miles when you convert Hotel loyalty programs points to Aeroplan Miles…

Washing machines and dryers at coin laundries increasingly accept credit cards and mobile payments. The reason for the change? It’s all about convenience. Paying with plastic means there’s no reason to save a bucket of quarters.