RWRDS Daily Update June 10: Doordash returns to Avion Select & a new Amex Offer for Adidas + MORE Jun 10th

Maison Amex – An Exclusive Venue for Amex cardmembers during Canadian Grand Prix Weekend in Montreal and Neo Financial now offering supplementary cards. Check out today’s points & miles updates here:
The post RWRDS Daily Update June 9: Maison Amex – An Exclusive Venue for Amex cardmembers during Canadian Grand Prix Weekend appeared first on Rewards Canada.

Ask MoneySense
Should you cash out some of your RRIF monies to pay down credit card debt or take out a loan at a bank or private lending? Thank you.

—Marcia E.

Does it make sense to pay off debt with savings or take out a loan?

Thank you for your question, Marcia. You’ve worked hard to save for retirement, but now you’re staring down a credit-card balance and wondering if your registered retirement income fund (RRIF) or other retirement savings could cover it. I hear this question a lot as a credit counsellor, and it’s one that comes with a lot of practical considerations and emotional weight. After years of saving for your retirement, using that money to deal with debt can feel like a big step, and it’s not always clear if it’s the best choice. I’ll walk you through what to know before dipping into your savings, including the financial impact and how different options might affect your future income and benefits. 

Comparing interest rates for debt vs…

Doordash returns to Avion Select with a 5% cash back offer, new Amex Offer for Adidas and Avianca & United buy miles bonuses. Check out today’s points & miles updates here:
The post RWRDS Daily Update June 10: Doordash returns to Avion Select & a new Amex Offer for Adidas appeared first on Rewards Canada.