All about Canadian credit cards. Learn the ins and outs and get the latest news.
The federal government says that credit card companies have agreed to trim the fees they charge the country's businesses by 10 basis points..... More »
CBC's Marketplace rounds up the consumer and health news you need from the week, including Aeroplan adding three airlines to its loyalty program, a researcher's recycling solution for the EpiPen shortage and buck a beer falling flat with Ontario brewers..... More »
A growing number of credit card companies allow you to personalize your card with a custom design, or your own photos.... More »
Credit card benefits like priority boarding can help you keep your seat in case your flight is overbooked. If you're bumped, we've got you covered with these travel tips..... More »
August 8, 2018: The average credit card interest rate shattered a major record this week, soaring past 17 percent for the first time.
BMO World Elite Mastercards switch from Priority Pass to Mastercard Airport Experiences by LoungeKey
As of today, BMO’s three World Elite Mastercard products will no longer offer Priority Pass memberships and lounge visits as a benefit. Instead they are moving in sync with most World Elite products that are using the Mastercard Airport Experiences by LoungeKey. LoungeKey works in a similar fashion to Priority Pass so existing cardholders who have become accustomed to PP shouldn’t fear. In fact both companies are owned by the same parent company so it’s no wonder they are very similar to each other. LoungeKey offers access to over 1,000 airport lounges Worldwide so the coverage is very similar. The major difference between Priority Pass and LoungeKey, which isn’t of significance to World Elite Mastercard holders is that unlike Priority Pass, LoungeKey membership cannot be purchased by anyone rather it is only supplied to Mastercard cardholders around the world. The good news is you don’t need the separate membership card like the one that is provided by Priority Pass, your Mastercard card acts as your membership card…
müvTravel CEO Michel Karam relied on his solid personal credit score and $40,000 in available credit on his cards to get his business off the ground.