How to go about securing the best rate and plan for your credit card in Canada.
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May 22 Update: Netflix will be a 3x points streaming service for Scotia Gold Amex, some cards you should grab now and some you should wait for + MORE May 22nd
Last week we brought you a list of Streaming services that will earn 3x points on the Scotia Gold American Express as of August 1 and we missed Netflix on that list. We can confirm that Netflix is included. Others asked about Google or Amazon Prime and as Davidd418 commented on our post those pr.... More »
Aeroplan Availability Alert: Using miles on LOT Polish Airlines' new flights between San Francisco and Warsaw + MORE Oct 17th
Air Canada's Star Alliance partner LOT is well know for having decent availability on their flights for Aeroplan award tickets and are also known for have lower carrier surcharges, taxes and fees than many of Aeroplan's airline partners.Last week they announced a new route between San Francisco and .... More »
Lowest Winnipeg mortgage rates: Save with Cambrian Credit Union + MORE Jul 29th
When Canadians need a mortgage, they often default to the big banks—but there’s a whole other world of financing options to explore. Credit unions have competitive interest rates in Canada, including Manitoba, plus innovative mortgage options you may not be able to find elsewhere. Shopping aroun.... More »
The Best Small Business Credit Card Welcome Bonus Offers for January 2024 + MORE Jan 9th
Here are the Rewards Canada Top 5 Small Business Credit Card Sign Up offers for January This is not a ‘best’ credit card list like our recently released Top Travel Rewards Credit Card rankings but a look at small business cards that have the best welcome bonus offers. As always when choo.... More »
June 1 Update: Earn double AAdvantage Miles on all American Airlines flights and Amex Offers spend $10 at Panago get a $5 statement credit + MORE Jun 2nd
American Airlines has brought our their second systemwide bonus AAdvantage Miles to try to stimulate travel during this pandemic. The offer will be better for most than the last 500 bonus miles per flight offer as it is a straight double miles on all eligible mileage earning tickets flown on .... More »
RBC devalues Avion transfer rate to American AAdvantage by 30%
– RewardsCanada.ca
Rewards Canada reader Jeffrey alerted us to this change that came about today and it isn’t good news! Holders of a RBC Avion Visa card will no longer get 1 American AAdvantage Miles for every 1 RBC Reward point transferred. The new transfer rate as of today is 7 AAdvantage Miles for every 10 RBC Rewards points. That’s a 30% reduction which is huge! Here is how Jeffrey feels about it:I was/am pretty unhappy about this, because it’s 1) a major devaluation; 2) I wasn’t given any heads up, although I’m on RBC Rewards’ mailing list, because of which I receive the newsletter regularly. Yet that didn’t mention anything about this; 3) on top of this, since my statement closes later in May, it will be too late to charge my credit card with the necessary spending in order meet the minimum 5,000 pts required to convert. (I already converted many points into BA miles).I contacted RBC about my dissatisfaction, but they did not come up with any solution.As I only use that card to convert the points into BA and AA miles, I told them I will stop using the card…Can you be charged for unwittingly committing card fraud?
– creditcards.com
There are many ways to get into legal trouble with credit cards without intending to break the law.
May 1 Update: Listen to Podcast Episode 24, two great WestJet promos, Alaska Airlines to limit Priority Pass access at select lounges
– RewardsCanada.ca
News, Tips & TricksPodcast Episode 24 is here! In this podcast we cover the Rewards Canada Exclusive Offer of Silver Status with the WestJet RBC World Elite MasterCard, the Double Hilton Honors Points promotion, Booking travel with Rewards Canada, Hilton Points pooling and more! Download and subscribe to the podcast here. Attention loyalty program managers! Need help to develop promotional concepts? We have spent over 15 years researching, tracking, and aggregating loyalty promotions. We’ve seen the ones that work and the ones that don’t. Today WestJet released a cross Canada promotion that we helped develop. This is the second promotion from our consulting ranks to go live! Feel free to contact us for more details on how the FFB Group can help you develop new and exciting loyalty promotions! If you are flying through Seattle, Portland or Los Angeles and were planning on using Alaska Airlines lounges with Priority Pass beware that they are limiting entry to cardholders only and not allowing guests…Say goodbye to credit card debt
– moneysense.ca
The post Say goodbye to credit card debt appeared first on MoneySense.
Home Capital taps $1B from credit line as customers pull deposits
– canadianbusiness.com
Home Capital says it expects to receive an initial $1 billion on Monday from the $2 billion credit line it was provided last week as more customers pulled their savings out of the struggling mortgage lender.
Shares of the Toronto-based lender tumbled last week following allegations from Ontario’s securities watchdog that it misled investors, accusations it says are without merit and has promised to defend itself against. The news spurred many savers to withdraw their deposits, which Home Capital uses to fund its lending.
The stock tumbled another 20.77 per cent, or $1.67, shortly after the Toronto Stock Exchange opened Monday and was trading at $6.37.
Home Capital (TSX:HCG) says it expects the total amount in its high-interest savings accounts will dwindle to about $391 million by the end of Monday, a decline of about $1 billion from a week ago.
It also says the balance of total guaranteed investment certificates has fallen to $12.86 billion as of Friday, down from $13.01 billion as of last Monday…
Shares of the Toronto-based lender tumbled last week following allegations from Ontario’s securities watchdog that it misled investors, accusations it says are without merit and has promised to defend itself against. The news spurred many savers to withdraw their deposits, which Home Capital uses to fund its lending.
The stock tumbled another 20.77 per cent, or $1.67, shortly after the Toronto Stock Exchange opened Monday and was trading at $6.37.
Home Capital (TSX:HCG) says it expects the total amount in its high-interest savings accounts will dwindle to about $391 million by the end of Monday, a decline of about $1 billion from a week ago.
It also says the balance of total guaranteed investment certificates has fallen to $12.86 billion as of Friday, down from $13.01 billion as of last Monday…
