Should You Give Your Teen a Credit Card? + MORE Dec 16th

How to go about securing the best rate and plan for your credit card in Canada.
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Holiday Spending out of Control? Manage It Well for a Healthy Financial New Year + MORE Jan 21st

The holidays were glorious and brilliant, but the new year is here and so are the bills. You’re not alone if your credit card balances soared and bills are piling up. We’ve put together some tips to help you recover smoothly and avoid another spending hangover in the new year. Give Your.... More »
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Visa Infinite Exclusive Offer: 500 bonus ALL Accor Live Limitless points for stays Fairmont Hotels & other Accor locations + MORE Mar 27th

An exclusive offer came out this month for Canadian Visa Infinite cardholders the provides 500 bonus points for stays at Accor Hotels in North and Central America. For most of us this means for stays at Fairmont Hotels across Canada along with the handful of Novotel and Sofitel Hotels in the eastern.... More »
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Top 5 Cash Back Credit Card Sign Up offers for February - These cards provide the best value out of their welcome bonuses + MORE Feb 6th

 Here are Rewards Canada's Top 5 Cash Back Credit Card Sign Up offers for the month of February 2021. This is not a 'best' credit card list like our Top Cash Back Credit Card rankings but instead a look at cards that have very good acquisition (welcome/sign up) offers. As always when choosin.... More »

Earn up 5x points for online shopping via the Aeroplan eStore + MORE Jun 7th

To celebrates Father’s Day Air Canada has launched a bonus offer to earn up to 5x points for shopping at select retailers via the Aeroplan eStore portal. This offer is available until June 18, 2023 and includes retailers such as Banana Republic, Lenovo, Decathlon, Saxx  and more. Click here t.... More »
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Receive a $100 hotel credit when you stay 2 or more nights at the Fairmont Chateau Laurier in Ottawa (beats the Stay Close offer!) Oct 31st

Guess what? Here's another Fairmont Hotels offer to pass along! If there was an award for a hotel chain pushing out offers left right and centre it would have to go to Fairmont. They sure have been aggressive with their offers to get people in the door. This offer is for only one of their hotels, th.... More »
1,000 bonus points per night for stays at the Four Points by Sheraton VaughanTo celebrate recent renovations and updates the Four Points by Sheraton Vaughan is offering 1,000 bonus Marriott Bonvoy points per night for stays until the end of January. This offer can also be stacked with Marriott’s Unlock More promotion. It looks like the bonus points price out the same as the best flexible rate and $3 more than the best member rate. If you take the bonus points rate you should be coming out about $7 ahead. Offer details:Earn 1,000 bonus Bonvoy points per night for stays at the Four Points by Sheraton Vaughan. Full details and online booking Until Jan 31, 20Here are some other Marriott Bonvoy bonus offers to check out:Earn 2,000 Bonus Bonvoy Points on your second stay at any participating Marriott Hotel Worldwide. Once complete you will unlock additional bonus offers for your stay(s) made after that second stay. Additional offers will be appear in your account and also be emailed to you by Marriott. Full details, online registration & booking. (Registration is required)2,500 Bonus Bonvoy Points + $25 F&B credit for stays at the JW Marriott The Rosseau Muskoka Resort & Spa…

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Should You Give Your Teen a Credit Card?
Over one-third of Canadians share a joint credit card with their partner, parent, or child, according to a recent survey conducted by Rates.ca. Among the parents who share their credit card with their children, 63% said that managing their children’s purchases is less difficult than it was two years ago.
Sharing a credit card with your child may be a beneficial learning experience, as less than half of Canadians (46%) think that children aged 18 should be independent and in charge of their own credit card, while 34% chose the age of 21, and 15% chose the age of 25. Respondent’s opinions may correlate with their own experiences and lessons regarding credit cards and credit products, as 94% of Canadians rate themselves poor when it comes to financial literacy.
However, many children are no longer solely learning financial habits from their parents. In Ontario, the Ministry of Education has started to implement financial literacy education in the curriculum for grades 4-12.
Teens and Credit Cards
Teaching your child responsible spending may start early with an allowance and then a savings account…

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