How to go about securing the best rate and plan for your credit card in Canada.
Latest News
Simplii Financial Cash Back Visa offering 10% bonus cash back at restaurants and bars for first four months Jun 6th
Another 10% cash back offer to pass along your way although this one isn't on all spending like the majority of the big bank offers that are available right now. This offer is for the Simplii Financial Cash Back Visa card and it provides that 10% cash back welcome bonus on spend at restaurants and .... More »
July 22 Update: Air Canada launches crowdfunding travel site Embarq and 3 way to keep AIR MILES from expiring + MORE Jul 23rd
News, Tips & TricksAir Canada has launched a first of its kind crowdfunding website called Embarq to helps travellers raise funds to reach a travel goal. The site has actually been around since March when it soft launched. The website, created in partnership with marketing firm JWT, fa.... More »
RWRDS Daily Update Dec 27: Wealthsimple Visa Infinite Card now features No FX Fees and no spending caps Dec 27th
Wealthsimple Visa Infinite Card now features No FX Fees and no spending caps & Earn bonus AIR MILES for booking Hawaii travel. Check out today's points & miles updates here:
The post RWRDS Daily Update Dec 27: Wealthsimple Visa Infinite Card now features No FX Fees and no spending caps app.... More »
Rate survey: Average card rate slips to 15.16 percent + MORE Feb 11th
Feb. 10, 2016: Average rates on new card offers dipped Wednesday after rising the previous week to a four-year high, according to the CreditCards.com Weekly Credit Card Rate Report.... More »
RWRDS Daily Update – December 12 Dec 13th
Here’s your Rewards Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. Three new U.S. routes from Air Canada Air Canada is adding three new transborder routes starting in the summer 2023 season. The airline is adding flights from Toron.... More »
How To Build An Emergency Fund
– canadianfinanceblog.com
So you’ve paid off all your debt and want to start to build your savings and investments? Before you start working on building up your RRSP, your first savings priority should be an emergency fund.I’ve mentioned previously that I don’t believe an emergency fund makes much sense if you still have debt. By paying down debt on a credit card or credit line, you then free up that balance, which could be re-borrowed in the event of an emergency.At the same time, paying down your debt, especially if it is high interest debt, allows you to stop wasting money on interest payments. The longer you are in debt, the less money you have to build up your own wealth. One of the best things you can do for yourself is to get rid of high interest debt as soon as possible. Once that is done, it’s time to build an emergency fund.Why an Emergency Fund MattersIf your debts are paid off, an emergency fund acts as a form of insurance. The money is there if you truly need it, without having to go into debt or withdraw from your RRSP…Tells us your Distinction plans for a chance to win 25,000 Aeroplan Miles!
– RewardsCanada.ca
Back in June Aeroplan announced a whole set of changes to the program. One of which was the introduction of Distinction, their new recognition program for high Aeroplan mileage earners. distinction is an elite status program much like the elite programs you find with most major frequent flyer or frequent guest programs. It rewards you for being extra loyal to the program with key benefits and features. You can read more about distinction from our coverage in these two posts:BIG NEWS from Aeroplan! Seven Year Mileage Expiration being canceled, one way mileage awards being lowered, TD Bank to issue Aeroplan Credit Cards and more!Expanded thoughts and comments on the recent Aeroplan changes What do people think of Distinction? Well it does seem to be receiving some good feedback on Aeroplan’s social media channels:Now we want to know what you think! Aeroplan and Rewards Canada have teamed up to see what Rewards Canada readers and subscribers are doing to earn Distinction status and what status level you hope to achieve for 2014 by having you comment here on the blog and/or on Twitter…
