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?
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A new or revamped RBC Avion Card is in the works + MORE Jul 12th
Thanks to one of our regular contributors of breaking news: @joshnet on Twitter, we have be alerted to what appears to be a new or revamped RBC Avion credit card being released soon. Josh directed us to a post on Red Flag Deals that provides some details of this card that will be in the suite .... More »
The Best Cash Back Credit Card Welcome Bonus Offers for April 2024 Apr 7th
Here are Rewards Canada’s Top 5 Cash Back Credit Card Sign Up offers for the month of April. This is not a ‘best’ credit card list like our Top Cash Back Credit Card rankings but instead look at cards that have very good cash back welcome bonus sign up offers. This list includes cards that [&#.... More »
September 18 Update: Huge 15,000 Mile Car Rental Bonus in Italy, Amex Air Canada Vacations statement credit & more! + MORE Sep 18th
News, Tips & Tricks Over on our global site, FFB, we posted a huge new bonus offer. We didn't give it its own post here on RC as it is limited to car rentals in Italy. So if you happen to be needing a car in Italy before the end of October check it out as you could nab yourself 15,000 Alit.... More »
Canada’s best cash back credit cards 2022 + MORE Nov 11th
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Best cash back credit cards in Canada for 2022
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Retired? No mortgage for you: How the stress test is making it tougher to borrow later in life Nov 4th
Many people are shocked to discover that the amount they can borrow decreases drastically when they retire because the stress test looks at your income..... More »
Air Canada: Triple Aeroplan Miles on flights within Canada or Canada and the U.S. booked in Latitude or higher
– RewardsCanada.ca
Here is a new premium fare bonus from Air Canada for travel in Canada or between the Canada and the U.S.. Like all Aeroplan promos if you booked travel before today it won’t count towards the bonus. I booked today but Flex fare only so this bonus won’t work for that flight!Offer detailsEarn Triple Aeroplan Miles when you fly round trip (or 2 one-way segments) on a Latitude fare or above within Canada or between Canada and the U.S.. Register Online (Registration is required) Apr 15 – Jun 15, 16Find many more Aeroplan Bonus Miles offers here TD Aeroplan Visa Infinite Card• Receive a Welcome Bonus of 15,000 Aeroplan Miles with your first Purchase• You could receive another 10,000 Aeroplan Miles when you keep your Account open and active for 90 days after Account approval • In addition, you could receive 5,000 Aeroplan Miles when you add an Authorized User to your Account by May 27 (Authorized User must call and activate their Card by July 15, 2016) • Annual Fee Rebate for the first year(Primary Cardholder only) – that’s $120 in savings!• Offer Valid until May 27, 2016• Earn 1…Alberta’s credit rating downgraded amid mounting debt
– theglobeandmail.com
Finance Minister Joe Ceci calls Friday’s shift to double-A high ‘a disappointment’
Why you need to be careful with rental car upgrades when using the CDW coverage from your credit card
– RewardsCanada.ca
If you recall we’ve had a couple posts surrounding one of my family’s car rentals recently. More specifically the 10 day rental in Maui:Earning Stories: 2,500 Aeroplan Miles on a Hertz SUV rental in Maui Redemption Stories: Using Diners Club Club Reward Points for a Hertz Car RentalEverything was fine for us and as we mentioned in those posts we were upgraded from a Ford Explorer or equivalent to a Infiniti QX80 that was fully loaded. When I looked up what this car was worth it was in the $70,000 to $80,000 range. The rental was with Hertz as being Hertz Gold Plus Rewards members makes the pick up easy and fast as Maui usually has pretty long line up at all their car rental offices. Also being Hertz Gold Plus rewards means they have my credit card on file, the Diners Club Club Rewards MasterCard and that I decline all insurance coverage, primarily the CDW. However, CDW coverage varies by card and by issuer. So when I found out about the upgrade I wasn’t concerned as Diners Club does not put a dollar limit on the car but they do exclude certain makes of cars…Should you sell your home before you buy another?
– moneysense.ca
Q: We are moving and plan on buying before we sell. We know this is risky, but we are pretty confident our current house will sell relatively quickly. Is there a way to buy a home with, say 5% down, and then increase that down payment as soon as our current home sells? We’d like to keep the monthly mortgage payments on our new home as low as possible.— Confused about transaction timing, Toronto, Ont.
Answer No. 1 from Monika Furtado, Calgary residential realtor:
There are a number of factors to consider when moving between properties. The first consideration is cost. Can you afford to hold two properties should your current home sit on the market and not sell for a few months? If you can afford this option you are best to move forward with a 20% down payment to avoid unnecessary CMHC fees—fees that would be added to the purchase price of your second home if you put down less than 20%. However, by opting for an open mortgage or a home equity line of credit on the new home you could then put more money against the purchase of that home once your present house sells…
