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?
Latest News
January 8 Update: BMO Perks offers for January, Great Amex Cobalt offer for Toronto Duty Free, new Aeroplan Rocketmiles bonus Jan 9th
If you hold a BMO MasterCard check your email for this month's BMO Perks offer - they are targeted so they may differ for each cardholder. The one I received is a C$30 statement credit if I spend C$200 or more for a Days Inn stay. Don't think that will happen but good to know that option is ther.... More »
Rate survey: Average card APR climbs to a record high of 16.83 percent + MORE Jun 27th
June 27, 2018: The average credit card interest rate smashed another record this week, climbing to 16.83 percent, according to the CreditCards.com Weekly Credit Card Rate Report.... More »
Fed: Access to credit cards stabilizes + MORE Nov 18th
Fewer applicants rejected for new cards, but issuers stingy with credit limit increases.... More »
Mobile payments could make spending sprees too easy + MORE May 16th
OTTAWA – Technology is making buying things easier, but credit counsellors want you to remember that paying for them is still as difficult as ever.
Jeff Schwartz, executive director of Consolidated Credit Counseling Services of Canada, says the ease with which consumers can buy things these days c.... More »
Rate survey: Average card rate sits tight at 15 percent + MORE Aug 6th
Aug. 5, 2015: Interest rates on new credit card offers held still this week, according to the CreditCards.com Weekly Credit Card Rate Report.... More »
New Rogers Credit Card To Come In 2014
– ratesupermarket.ca
If you’re a typical Canadian consumer, you likely come in contact with at least one Rogers product a day; your mobile phone, your cable – even your skyline, if you’re a resident of the GTA. Now, the telecommunications giant is looking to enter your wallet too, with a new rewards credit card to be launched in 2014.
Rogers received the final authorization from OSFI this week, acquiring their banking license and officially paving the way to joining the sector. While they’re far from the first retailer to dabble in financial services – Canadian Tire and Walmart offer credit cards of their own – Rogers is the first telecommunications company to make the leap.
Points Will Save On Services And Upgrades
The new credit card will accompany Rogers’ loyalty program, which was launched in July and is currently being rolled out across Canada. The card will earn Rogers First Rewards points, which can then be cashed in on Rogers services and upgrades – a fairly practical money saving option as far as rewards go…
Sep 10 Update: British Airways introduces Lifetime Gold Elite Status, tons of new Aeroplan bonuses, SAS Bonus for Hilton stays
– RewardsCanada.ca
Another busy day here at Rewards Canada! News, Tips & Tricks You may recall that yesterday we posted a couple of targeted Air Canada flight bonuses, well it turns out Aeroplan had incorrect terms and conditions on the systemwide bonus of up to 15,000 Bonus Aeroplan miles. This offer is actually open to all Aeroplan members.You can find out more details in the bonus offer section below. British Airways Executive Club is introducing Lifetime Gold Elite status for members that have earned or will earn 35,000 life time tier points. Full details can be found here Virgin Atlantic Flying Club has improved their award ticket cancellation policy. Previously you would forfeit 25% of the points if you cancelled 7+ days out and would lose all the miles if cancelled within 7 days of departure. Now the rules state: If for any reason a flight reward is cancelled by the Member outside 24 hours of departure, 100% of the Miles will be re-credited to the member’s account…
