How to go about securing the best rate and plan for your credit card in Canada.
Latest News
flydubai becomes Air Canada Aeroplan’s newest airline partner + MORE Dec 7th
Air Canada Aeroplan continues to grow its partner roster with flydubai joining the ranks of 45+ airlines that are now part of the program. Based out of Dubai, flydubai operates 81 Boeing 737 aircraft to over 120 destinations in 54 countries across Africa, Central Asia, the Caucasus, Central and Sout.... More »
New RBC Offers include statement credits and discounts for Fanatics, Chatters & Aveda + MORE May 23rd
The latest batch of new RBC Offers sees over half a dozen statement credit or discount promotions for using your RBC card at select retailers! In total there are nearly 30 offers in place with this program. Be sure to login to your RBC account right away to load these offers (if required) o.... More »
RWRDS Daily Update – February 12, 2024 + MORE Feb 12th
New Amex Offers statement credit for Shangri-La Hotels, Starbucks Rewards Double Stars for Days returns and catch up on This Week in RWRDS. Check out today's points & miles updates here:
The post RWRDS Daily Update – February 12, 2024 appeared first on Rewards Canada..... More »
A redesign is coming—and we can’t wait to show you + MORE Apr 20th
We have exciting news: MoneySense will be getting some upgrades. The core of what we do will stay the same—we’ll continue to bring you high-quality content from the best financial experts in Canada—but we’ll have a fresh new look.
Why are we changing?
We want you to have the best p.... More »
A look at the great value provided with the Annual Worldwide Companion Pass from Aeroplan's Ultra Premium Credit Cards + MORE Jan 27th
In this "A look at the value' post we welcome back Rewards Canada contributor Dee who delves into the value that can be received from the Annual Worldwide Companion Pass benefit on select Aeroplan co-brand credit cards. This pass is an annual benefit available on four Ultra Premium Air Canada.... More »
What’s Wrong With Only Making Your Credit Card Minimum Payment?
– canadianfinanceblog.com
Credit cards can come with many benefits, rewards points, and cashback. But carrying a credit card balance negates any of the advantages of credit cards. Getting a credit card, using it, and making the credit card minimum payment may feel like you are on the right path. But those minimum payments can end up costing you a lot of money in interest charges. Minimum payments are not to your benefit but to that of the credit card companies.
What Is a Credit Card Minimum Payment?
A credit card minimum payment is the minimum amount due to keep your credit card in good standing.
Keeping your credit card in good standing means that there are no late fees or interest charges, no loss of any credit card benefits or rewards, and no missed payment report on your credit report.
How Is the Minimum Payment Calculated?
Your credit card issuer will determine the calculation for your credit card minimum payment. Of course, things can’t be simple, so every issuer may have its way of calculating your minimum amount…
What Is a Credit Card Minimum Payment?
A credit card minimum payment is the minimum amount due to keep your credit card in good standing.
Keeping your credit card in good standing means that there are no late fees or interest charges, no loss of any credit card benefits or rewards, and no missed payment report on your credit report.
How Is the Minimum Payment Calculated?
Your credit card issuer will determine the calculation for your credit card minimum payment. Of course, things can’t be simple, so every issuer may have its way of calculating your minimum amount…
March 4 Update: Two more Hyatt Hotels opening in Canada in 2021, no new Radisson Hotels coming to Canada this year & up to 40,000 bonus Be Well points
– RewardsCanada.ca
Here’s your Rewards Canada Daily update! Your daily dose (or near daily dose) of loyalty program, credit card and travel news, bonuses, deals and more. Hyatt released news yesterday about a major expansion to their independent colletion brands and in that news we learned that not only will we be getting one Joie de Vivre hotel in Canada but actually two and both are slated to join JdV by Hyatt Hotels this year! Those hotels are the Anndore Hotel in Toronto and the Walper Hotel in Kitchener. We have updated our New Hyatt Hotel Openings in Canada for 2021 post to reflect theis latest update. We are now expecting Hyatt to open six hotels in Canada this year.Image via The Walper Hotel — Continuing on the new hotel front we reached out to Radisson Hotels for there plans for this year and unfortunately they are not planning to open any new hotels in Canada in 2021.Image via Radisson—Rexall’s Be Well program is offering up to 40,000 bonus points when you spend $50 or more this weekend…Scotiabank Gold American Express Card Review
– RewardsCanada.ca
Ranked as the number one travel points credit card with an annual fee in Canada, the Scotiabank Gold American Express Card was last reviewed by Rewards Canada in 2015, some three years after it was introduced in 2012. It was the first American Express card issued by a bank other than Amex Bank of Canada since CIBC tried the partnership in 2002. The card underwent some massive changes in 2019 so it is really due for a new updated review here on Rewards Canada!If you want to see what the old card was like read our Scotiabank Gold American Express Card Review (Old 2015 version) The Scotiabank Gold American Express Card is the middle of a suite of three American Express cards issued by Scotiabank and is by far the most popular version of the trio. When launched they took hints of their own Momentum Visa Infinite Cash Back card which has some very high category spend bonuses and applied them these suite of cards. Depending on how you use the card it can be give you a return of 1% to as high as 5% on travel rewards…
