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?
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This Week in RWRDS: November 18 – 24, 2023 + MORE Nov 24th
This week we talk about the much anticipated Shoppers Drug Mart PC Optimum Big Bonus Redemption Event, touch upon the Alaska Airlines Mileage Plan changes and much more in our weekly credit card and loyalty rewards newscast! Watch This Week in RWRDS here: Listen to This Week in RWRDS here: Topics of.... More »
TD Rewards improves the any travel anytime reward option for their credit cards! + MORE Oct 10th
Great news for TD Rewards members as TD has improved the redemption rate for any travel anytime rewards! This is the reward option where cardholders can go out and book any travel they please on their cards and then redeem the points towards the charge at a rate of 225 points for $1. TD Rewards [.... More »
Big Changes to the MBNA Rewards World Elite Mastercard - now earns 5 points per dollar in select categories + 10% annual bonus points + MORE Jun 25th
File this one into the category of "nobody saw this one coming"- well until we were notified about two weeks ago and then when the details were leaked onto Red Flag Deals a few days ago. The next bank to be making some major changes this week is TD's subsidiary MBNA. Today they are officially .... More »
Uber Releases an Amazing Credit Card… But Only to Americans + MORE Nov 8th
Image courtesy of Uber.com
It’s being called the “ultimate millennial credit card.”
But if you’re Canadian… you can’t have it. At least not yet.
Ride-sharing company Uber recently opened applications for its own rewards credit card. The Uber Visa promises competitive cash back rates and.... More »
Grocery inflation in Canada: New report for spring 2024 Apr 11th
Grocery inflation will fall below 2% by the spring and stay roughly between 1% and 2% for the rest of 2024, predicts a new report on the food and beverage industry. Farm Credit Canada, an agricultural lending firm, said it expects food price increases beyond 2024 to stabilize around pre-pandemic lev.... More »
Temple University endowment surpasses $500M for first time
– canadianbusiness.com
PHILADELPHIA – Temple University officials say that the north Philadelphia school’s endowment has grown to surpass $500 million for the first time.
The Philadelphia Inquirer reports (http://bit.ly/2gEDSM0 ) university leaders credit both an increase in donations and better investment strategies as the reason for Temple reaching the milestone.
Ken Kaiser, Temple’s vice-president and chief financial officer, says the university’s stakeholders have shown their confidence in the school.
President Richard Englert expressed his gratitude toward Temple’s donors, whose support he says is both inspiring and makes a lasting impact.
In the fiscal year that ended June 30, Temple doubled its fundraising for endowed scholarships to $15.6 million.
Temple typically invests around 4.5 per cent of its endowment return every year.
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Information from: The Philadelphia Inquirer, http://www.inquirer.com
The post Temple University endowment surpasses $500M for first time appeared first on Canadian Business – Your Source For Business News.
The Philadelphia Inquirer reports (http://bit.ly/2gEDSM0 ) university leaders credit both an increase in donations and better investment strategies as the reason for Temple reaching the milestone.
Ken Kaiser, Temple’s vice-president and chief financial officer, says the university’s stakeholders have shown their confidence in the school.
President Richard Englert expressed his gratitude toward Temple’s donors, whose support he says is both inspiring and makes a lasting impact.
In the fiscal year that ended June 30, Temple doubled its fundraising for endowed scholarships to $15.6 million.
Temple typically invests around 4.5 per cent of its endowment return every year.
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Information from: The Philadelphia Inquirer, http://www.inquirer.com
The post Temple University endowment surpasses $500M for first time appeared first on Canadian Business – Your Source For Business News.
Earn thousands of bonus airline miles on all your Hilton stays
– RewardsCanada.ca
Rather than offering up a systemwide mileage bonus that is tied into their current HHonors bonus of up to Triple Points, Hilton has decided to offer up various individual bonus offers for many of their airline partners. Below you’ll find the most current and up to date list of these offers! Plus as HHonors provides Points+Miles you can still take advantage of Hilton HHonors’ Triple Points for stays until the end of this year.Highlighted offers:Aeroplan – Triple Aeroplan Miles for stays in Canada, Caribbean, Central & South AmericaBritish Airways Executive ClubTriple Avios on all eligible stays1,500 Bonus MileagePlus Miles for every night you stay at one of more than 50 participating Waldorf Astoria and Conrad Hotels The complete list of offers: All Airline Partners Earn up to 500 Bonus Miles PER NIGHT for stays at participating hotels and resorts within the Hilton Portfolio throughout Europe, Latin America, Canada and Hawaii. Full details and online booking500 miles per stay at select recently opened Hilton Garden Inn and Hampton by Hilton hotels500 miles per night at select recently opened Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Curio – A Collection by Hilton and DoubleTree by Hilton hotels Until ? All Airline Partners Earn up to 500 Bonus Miles PER NIGHT for stays at select newly opened hotels and resorts within the Hilton Portfolio throughout Europe, the Middle East and Africa…
News, Tips & TricksWe are only about 36 hours away from the end of the Rewards Canada 15th Anniversary Celebration! You have a chance to win 30,000 Starpoints in the final week contest! Also remember that you until the end of tomorrow to earn double MileagePlus Miles on all hotel bookings made via Kaligo! Check it all out on the 15th Anniversary site! Episode 9 of the Rewards Canada podcast came out yesterday! We talk 15th Anniversary, Amex Fixed Point redemptions, WestJet RBC World Elite MasterCard and more! Find the details and download links here. In the final contest mentioned above we have been asking our readers on what they would like to see on Rewards Canada in the future and we have begun implementing some of those ideas already! Some are easy to do and so have been done while others will be in the pipeline to be implemented. Lots of you have asked for more travel deals so we have started posting more of those as witnessed in the Black Friday and Cyber Monday posts…Royal Bank sees Q4 profit decline 2% but annual profit rises to record high
– canadianbusiness.com
TORONTO – Royal Bank saw its fourth-quarter net income dip two per cent to $2.54 billion, down from $2.59 billion a year ago when the bank benefited from a lower effective tax rate.
The earnings amounted to $1.65 per diluted share, down nine cents from $1.74 a year ago.
Revenue for the three-month period ended Oct. 31 was $9.27 billion, compared with $8.02 billion during the same period last year.
The bank (TSX:RY) also reported $358 million in provisions for credit losses, up from $318 during the previous quarter, primarily due to low oil prices.
For the full fiscal year, RBC had net income of $10.46 billion, a record for the bank and up four per cent from $10.03 billion last year.
That annual profit amounted to $6.78 per diluted share, compared with $6.73 per diluted share in fiscal 2015.
Revenue for the full year was $38.41 billion, up five cents from $35.32 billion last year.
The bank said its full-year results benefited from strong wealth management earnings, which included City National Bank, acquired last year…
The earnings amounted to $1.65 per diluted share, down nine cents from $1.74 a year ago.
Revenue for the three-month period ended Oct. 31 was $9.27 billion, compared with $8.02 billion during the same period last year.
The bank (TSX:RY) also reported $358 million in provisions for credit losses, up from $318 during the previous quarter, primarily due to low oil prices.
For the full fiscal year, RBC had net income of $10.46 billion, a record for the bank and up four per cent from $10.03 billion last year.
That annual profit amounted to $6.78 per diluted share, compared with $6.73 per diluted share in fiscal 2015.
Revenue for the full year was $38.41 billion, up five cents from $35.32 billion last year.
The bank said its full-year results benefited from strong wealth management earnings, which included City National Bank, acquired last year…
Financial PostRBC quarterly profit dips 2 per cent, misses expectationsThe Globe and MailRoyal Bank of Canada, the country's largest bank by assets, reported a fiscal fourth-quarter profit on Wednesday that fell 2 per cent from the same period last year, missing analyst expectations. Toronto-based RBC, the second lender to report this …Royal Bank sees Q4 profit decline 2% but annual profit rises to record highCTV NewsRBC net income dips 2% amid rising credit loss provisionsBNNRoyal Bank of Canada's profit hurt by soured loansMarketWatchUK Market Newsall 11 news articles »
