RWRDS Daily Update – November 3 + MORE Nov 3rd

As the country re-opens after COVID-related restrictions, Canadians are faced with a worrying financial picture. Many have moved, others are looking to travel, and the cost of living is ballooning with unusual rates of inflation. Meanwhile, the Bank of Canada (BoC) rate hikes designed to curb these forces are adding pressure to those with variable-rate loans and mortgages. Unsurprisingly, many Canadians are using their credit cards to charge their expenses.

How much debt does the average Canadian carry? 

The average credit card debt Canadians had in September 2022 was $2,121, according to Equifax. And another report the Canadian credit bureau, Canadian consumer debt has risen to $2.32 trillion, with an average debt load of approximately $21,000—excluding mortgages. These numbers represent an increase of 8.2% over last year, and 6.4% between the first and second quarters of 2022. And Canadians are using credit cards more, as there was a 6.4% increase in credit balances from the first quarter to the second…

Air Canada Aeroplan continues to add airline partners like there is no tomorrow. The latest that will join on November 8 is Türkiye’s (Turkey) SunExpress. The leisure airline which is a joint venture between Turkish Airlines and Lufthansa has hubs in Antalya and Izmir. They provide flights to destinations within Türkiye, to Europe and the […]
The post Aeroplan adds Türkiye’s SunExpress as their newest airline partner appeared first on Rewards Canada.

Here’s your Rewards Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. Earn Mileage Plan miles on your Lyft rides Alaska Airlines Mileage Plan has announced a new partnership with Lyft. You can now earn Mileage Plan miles on your Lyft rides including those in the […]
The post RWRDS Daily Update – November 3 appeared first on Rewards Canada.

Here are Rewards Canada’s Top Travel Credit Card Sign Up offers for the month of November 2022! This is not a ‘best’ credit card list like our Top Travel Rewards Credit Card rankings but instead a look at cards that have very good acquisition (welcome/sign up) offers. It must be said however many of the […]
The post Top Travel Credit Card Sign Up offers for November appeared first on Rewards Canada.

Some of the best things in life are free—so why should you expect any different from your credit card? Canada has an impressive array of no-fee credit cards that don’t charge cardholders an annual fee, while also delivering respectable rewards like cash back and travel points. Many of these no-fee cards also boast attractive extras like solid welcome bonuses, no foreign transaction fees and useful travel insurance. Individuals who don’t always pay off their balance every month will be happy that a few of these cards even feature a standard low interest rate or an attractive balance transfer promo. Here are our picks for the best no-fee credit cards in Canada.

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