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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Are rent loans the answer to rising rent costs? + MORE Sep 26th
If you have the money saved for the first-and-last-month deposit, you can use that towards rent. But if you don’t, and need to move quickly, what can you do? There are the traditional methods of borrowing from friends, family or various financial products like credit cards or a line of credit. But.... More »
The Aeroplan Blue Skies Calling Contest - you could win one of 35 pairs of economy class tickets + MORE May 27th
Aeroplan launched a new contest today where members can have the chance to win one of 35 pairs of roundtrip Economy class tickets to Victoria (British Columbia), San Francisco, Cancun, Athens, Lisbon, Tokyo or Bogota. The contest runs until June 1st and if you happen to win a set of those tickets y.... More »
Earn up 5x points for online shopping via the Aeroplan eStore + MORE Aug 23rd
Air Canada has launched a bonus offer to earn up to 5x points for shopping at select retailers via the Aeroplan eStore portal. This offer is available until August 25, 2023 and includes retailers such as Apple, Dyson, Samsung, Sephora and more. Click here to learn more! Don’t forget that eStore .... More »
‘Anyone Can Be an Entrepreneur’: Borrowell’s Co-Founder Eva Wong On How She Made It + MORE Sep 27th
When Eva Wong joined Borrowell in 2014, she had no prior experience working in tech or finance. As co-founder and chief operating officer, she’s helped the low-interest loan and credit-education company grow to 160 employees with offices in Toronto, Montreal and Kelowna. Here, she tells CB how she.... More »
The best GIC rates in Canada for 2025 + MORE Feb 3rd
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
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Rate survey: Average card APR holds steady at 16.15 percent
– creditcards.com
Dec. 6, 2017: The average credit card interest rate remained fixed at 16.15 percent this week, according to the CreditCards.com Weekly Credit Card Rate Report.
The Canadian Press/Ryan RemiorzIf you are one of those Canadians who binged on credit like it was the second season of Stranger Things, you can relax: the central bank is in no hurry to punish you for your indulgence.
Understand something, though. You owe your extended low-interest-rate holiday to Donald Trump and Kim Jong-un, who teamed up this year to make Earth a less happy place. Their cavalier attitudes towards global norms and world peace have so muddied the near future that the Bank of Canada feels it has little choice but to leave borrowing costs low, even though the country’s economic indicators rarely have been stronger.
“The global outlook remains subject to considerable uncertainty, notably about geopolitical developments and trade policies,” the central bank said Dec. 6 in its last policy statement of 2017.
READ: This slowdown in Canada’s economy suits the Bank of Canada just fine
Bank of Canada Governor Stephen Poloz and his inner circle of advisers on the governing council must attach significant weight to current uncertainty; otherwise, they surely would be raising interest rates…
The Canadian Press/Ryan RemiorzIf you are one of those Canadians who binged on credit like it was the second season of Stranger Things, you can relax: the central bank is in no hurry to punish you for your indulgence.
Understand something, though. You owe your extended low-interest-rate holiday to Donald Trump and Kim Jong-un, who teamed up this year to make Earth a less happy place. Their cavalier attitudes towards global norms and world peace have so muddied the near future that the Bank of Canada feels it has little choice but to leave borrowing costs low, even though the country’s economic indicators rarely have been stronger.
“The global outlook remains subject to considerable uncertainty, notably about geopolitical developments and trade policies,” the central bank said Dec. 6 in its last policy statement of 2017.
READ: This slowdown in Canada’s economy suits the Bank of Canada just fine
Bank of Canada Governor Stephen Poloz and his inner circle of advisers on the governing council must attach significant weight to current uncertainty; otherwise, they surely would be raising interest rates…
The Best Cash Back Credit Cards of 2017: How Do They Compare?
– ratesupermarket.ca
With so many options on the market, it’s hard to know which credit card is the right choice for you. But one thing is for sure – you want a credit card that ultimately benefits in some way, whether it be through travel points, cash back, or even just a good deal on interest rates. The last thing you want is to sign up for a card that does nothing for you – you’re potentially missing out on free money or wasting it on high interest payments.
So how do you decide? Well, you should first do your research and know what you’re looking for.
But we know this can be time-consuming. This is why RateSupermarket.ca analyzes the market every year and singles out the best of the best with our Best of Finance awards – providing you with a concise list of the top cards in various categories.
And now we decided to take it one step further and break down why these cards perform the best – showing you how much they could earn or save you.
Check out how much you could earn with the best cash back rewards cards of 2017 below…
Miles & More Award Ticket Sale – Economy class & Business Class award tickets on sale from Toronto & Vancouver
– RewardsCanada.ca
As we do each month we bring you the latest set Miles & More “Meilenschnaeppchen” discounted mileage awards! This month we see the return of the business class options in addition to some economy class deals! The offers are for Austrian Airlines’ Economy Class out of Toronto or Lufthansa’s Business Class from Vancouver.These are good for travel on Austrian until Jan 31 while Lufthansa is between Apr 1 and May 15 and must be booked by Jan 1. You can redeem Miles & More miles for round trip economy class tickets on Austrian from Toronto to Austria for only 30,000 miles. This is a 50% discount off the normal Economy Class award ticket price of 60,000 miles. All of the economy class offers:For business class between Vancouver and Europe, the discount is a bit below 50% as you need to redeem 55,000 miles for round trip flights that normally cost 105,000 miles.Some of the business class options: As we mention every time they have the 50% off economy offer is that you could in theory get close to amount required to redeem for the tickets with grabbing a single credit card that has a $120 annual fee! How so? As we usually mention in this post you can boost your Miles & More account with the Starwood Preferred Guest Credit Card from American Express…
