How to go about securing the best rate and plan for your credit card in Canada.
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Fee-based credit cards come with perks—but they aren’t for everyone Oct 15th
Better store discounts, access to airport lounges, and early entry to your favourite live acts. The perks of some credit cards are hard to ignore, even if the card comes with an annual fee. But experts say they may not be for everyone. “It really depends on your income, how much you spend on the.... More »
Curiosity Astrobiology Rover Discovers Pure Sulfur Crystals On Mars - Astrobiology News + MORE Jul 22nd
Curiosity Astrobiology Rover Discovers Pure Sulfur Crystals On Mars Astrobiology NewsAccidentally exposed yellowish-green crystals reveal ‘mind-blowing’ finding on Mars, scientists say CNNCuriosity Cracked Open a Rock on Mars And Found a Huge Surprise ScienceAler.... More »
Aeroplan Amazon Prime Days promotion: Up to 10x points on shopping & a chance to win 1,000,000 points! + MORE Jun 20th
Air Canada Aeroplan and Amazon have teamed up to celebrate the upcoming Amazon Prime Days which will run from July 8 to July 11. Aeroplan members who register for this promotion will be able to earn up to 10x points on purchases made in eligible Amazon categories during the four days of Prime Days. .... More »
RWRDS Daily Update – November 27, 2023 Nov 27th
The Ultimate "I have no idea what travel rewards I want" Credit Card portfolio, Buy one ski lift pass get one free with the RBC Avion Friday Friend Pass and 900 bonus Journie Rewards points on gas gift card purchases. Check out today's points & miles updates here:
The post RWRDS Daily Update â€.... More »
RWRDS Daily Update – November 21, 2023 + MORE Nov 21st
The Ultimate Guide to Credit Card & Loyalty Programs for the All Inclusive Vacationer, WestJet is adding flights between Regina and Minneapolis & New Amex Offers statement credit for FedEx. Check out today's points & miles updates here:
The post RWRDS Daily Update – November 21, 202.... More »
RWRDS Daily Update – September 21, 2023
– RewardsCanada.ca
Discounted free night rewards at two Choice Hotels properties in Canada, WestJet adding Victoria-Las Vegas flights, Earn bonus points or a statement credit with new Amex Offers for Hugo Boss. Check out today’s points & miles updates here:
The post RWRDS Daily Update – September 21, 2023 appeared first on Rewards Canada.
The post RWRDS Daily Update – September 21, 2023 appeared first on Rewards Canada.
How much credit card debt does the average Canadian have?
– moneysense.ca
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 balance for Canadians in the first quarter of 2023 was $3,909, according to Transunion. And that is up from average monthly credit card spend of almost $2,447 in the third quarter of 2022, which is above the 17.3% from same time in 2021 and up 21.8% in 2019, according to Equifax. And from another report, Canadian consumer debt has risen to $2.4 trillion, with an average debt load of approximately $21,131—excluding mortgages. And Canadians are using credit cards more, as there was a 9% increase in credit balances in June 2023 compared to the same time last year…
