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?
Latest News
40% of Canadians say they’ll be in trouble if rates rise + MORE Oct 24th
TORONTO — Four in 10 Canadians say that if interest rates rise any further they fear they will be in financial trouble, a new poll suggests.
The survey conducted for insolvency firm MNP Ltd. also found one in three Canadians say they are already feeling the effects of increasing interest rates.
&.... More »
5 tips for negotiating rewards cards' annual fees + MORE May 19th
Credit card issuers can be surprisingly receptive to cardholders who are seeking a break on their annual fees. They won't always waive them, but you may walk away with a discount or bonus points.... More »
February 5 Update: New Rewards Canada series: Ultimate Credit Card Portfolios; Aeroplan Choice Hotels bonus and WestJet Fast Track to Silver + MORE Feb 6th
Last update of the week! News, Tips & Tricks Today we are pleased to bring our the newest series on Rewards Canada: Ultimate Credit Card Portfolios! This series will look at the ultimate three card wallet (1 Visa, 1 MasterCard, 1 Amex) for a variety of loyalty programs, spending habits, tra.... More »
Poll: Lending out your credit card often leads to disaster + MORE Mar 6th
Nearly half of Americans who have owned credit cards lent them out to other people. For a third of them, it didn't end well.... More »
A lost-at-sea story deserves all our awe + MORE Jan 2nd
438 Days by Jonathan Franklin. No credit
Everyone presumed José Salvador Alvarenga to be dead. Cast adrift at sea by a storm, he scraped together food and fresh water. Near the end of his purgatory, it was all he could do to cling to his mind’s redoubts, fighting his descent into insanity. This w.... More »
Earn Triple Aeroplan Miles for Choice Hotels stays until April 15
– RewardsCanada.ca
The Triple Aeroplan Miles offer for Choice Hotel stays that we saw last spring and fall has returned for the last part of winter and start of spring 2015! Remember to earn the bonus miles you must be a Choice Privileges member and set your earning preference to AeroplanOffer details Triple Aeroplan Miles for every qualifying stay at any participating Comfort Inn®, Comfort Suites®, Quality®, Sleep Inn®, Clarion®, Cambria Suites®, MainStay Suites®, Suburban Extended Stay®, Econo Lodge®, Rodeway Inn® or Ascend Hotel Collection® location.** . Full Details and online Booking Until Apr 15, 15 **Points cannot be earned in Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden and including Australia, New Zealand, Singapore, Papua New Guinea and Fiji. Judge: Merchants can steer you to lower-cost card
– creditcards.com
Merchants should be allowed to offer consumers discounts or perks to use a lower-cost credit card, a federal court ruled
Testing the Dogs of the TSX
– moneysense.ca
The Dogs of the TSX is a simple stock picking strategy that appeals to dividend investors. Those who follow it faithfully buy an equal amount of the top 10 yielding stocks in the large-cap S&P/TSX 60 index each year.
While the basic Dogs strategy is simple, I back tested several different takes on it using MoneySense‘s Bloomberg terminal. I’ll show you two of them today.
Just like the basic Dogs strategy, both variants buy an equal amount of the top 10 yielding stocks in the S&P/TSX 60 each year. But they calculate yield in different ways.
The first variant uses indicated yield, which is based on a company’s announced dividend rate. The second uses trailing yield, which is based on the amount of dividends paid over the last 12 months.
The difference between the two becomes important when a stock’s dividend changes in a big way. For instance, way back in 2008 Teck Resources (TCK.B) was foundering. The company paid a dividend in the summer, but it stopped paying them when the credit crunch took hold later in the year…
While the basic Dogs strategy is simple, I back tested several different takes on it using MoneySense‘s Bloomberg terminal. I’ll show you two of them today.
Just like the basic Dogs strategy, both variants buy an equal amount of the top 10 yielding stocks in the S&P/TSX 60 each year. But they calculate yield in different ways.
The first variant uses indicated yield, which is based on a company’s announced dividend rate. The second uses trailing yield, which is based on the amount of dividends paid over the last 12 months.
The difference between the two becomes important when a stock’s dividend changes in a big way. For instance, way back in 2008 Teck Resources (TCK.B) was foundering. The company paid a dividend in the summer, but it stopped paying them when the credit crunch took hold later in the year…
7 times you might be liable for fraudulent charges
– creditcards.com
Despite ‘zero liability’ promises from credit card companies and protection from federal laws, there are instances where you might be on the hook for fraudulent credit and debit card charges
