Sobeys chooses to go with Air Miles in Western Canada, Club Sobeys to be wound down + MORE Jul 10th

The Air Canada and Aeroplan flight bonus offers continue! London, Switzerland, then the International flight bonus we mentioned yesterday and now this one for flights within Canada. If you are planning to fly this summer and even into the fall there is a very good chance you can earn some extra miles on your Air Canada flights as long as your register and book to meet each promotions requirements!Offer DetailsDouble Aeroplan Miles each time you fly round-trip to select destinations within Canada. Register Online (Registration is required) Register and book between July 8 and August 29 for travel until Oct 31, 14To qualify, the round-trip or two one-way flight segments must be travelled in the eligible fare options (booking classes) within Canada:Tango (S,T,L,A,K); Flex (M,U,H,Q,V,W,G); Latitude (Y,B); Premium Economy Lowest (E,N); Premium Economy Flexible (O); Business Class Lowest (D,Z,P); Business Class Flexible (J,C). Can’t make use of this promotion? Be sure to check out our Aeroplan Bonus Miles page for many more offers! 

The outlook for Canada’s banking system took a hit this week, slashed from stable status to negative by international credit ratings agency Moody’s. The cut comes in response to recent government plans to implement a “bail-in” system, with Moody’s citing “the evolving lower systemic support environment” from the government.
These bail-in plans were revealed in the “Banking System Outlook: Canada” report, which focuses on the seven largest Moody’s-rated Canadian banks, which combined hold approximately 93 per cent of system assets. However, despite this alarming news, Canada’s banking system still remains one of the strongest in the world.
So, should consumers be concerned?
What is a Bail-In?
A bail-in is a reverse of the bail-out method, when money is given by the government to struggling private companies whose success largely impacts Canada’s economy. The funds help such companies make their mandatory debt payments in order to stay solvent…

The way you use a credit card is about to change significantly as the U.S. catches up with the rest of the world and moves to cards. Here, in Q&A format, is what you need to know about the transition

Here is your daily update for Thursday! News, Tips & Tricks RBC has released a Visa Infinite Privilege version of their Avion card. This is the third Infinite Privilege card to be released in Canada that we know of after the TD Aeroplan and CIBC Aeroplan versions. This card comes with a hefty $399 annual fee but also has a larger sign up bonus of 25,000 RBC Rewards points (10K more than the other Avion offers) a better earn rate of 1.25 points for every dollar spent and of course the additional benefits that come with the Infinite Privilege branding. I would consider this a strong card for those who have British Airways Executive Club as their primary program when you take into account the earn rate and the usual twice yearly 50% transfer bonus to Avios. Find out more about this latest Avion card here. and just in case you missed these blog posts, here is more news for you:Sobeys chooses to go with Air Miles in Western Canada, Club Sobeys to be wound downAir Miles introduces a new Elite Status level: OnyxDon’t forget to enter our contest!Aeroplan is turning is 30 later this week and to celebrate Rewards Canada has teamed up with Aeroplan to giveaway 30,000 Aeroplan miles! Find out how you can enter the contest here! You have until this Saturday to enter…

When the parent company of Sobeys announced they were buying Safeway Canada the one question many points collectors had was “who will Sobeys go with Aeroplan or Air Miles” since Sobeys in the West offers Aeroplan Miles via the Club Sobeys program while Safeway and Sobeys in Atlantic Canada offers Air Miles. We have the answer now, truth be told the answer came out on June 24th and somehow we missed it so we are bringing this news to you a bit late!Sobeys has decided to go with Air Miles for the stores in Western Canada which of course is good news for Air Miles members but not so good news for Aeroplan members. Sobeys will actually be winding down their Club Sobeys program for their Sobeys and Thrifty Food stores in the West as they move to only awarding Air Miles. The change will take place on September 15th when they will no longer be an Aeroplan partner. However for those of you in Ontario, Club Sobeys will continue as is so you will still be able to earn Aeroplan miles shopping at Sobeys Ontario locations…