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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What Canadian women regret most about money—and how Gen Z can avoid it Apr 9th
Nearly 7 in 10 Canadian women (69%) say they’d make different financial decisions if they could go back in time, according to new research from Meridian. And for women in their late 20s to mid-40s, the years where money decisions start to compound, the level of regret is even greater.
If thatâ€.... More »
Earn bonus Aeroplan Points or AIR MILES with Amazon Prime Big Deal Days + MORE Oct 8th
Amazon Prime Big Deal Days are now live, running today and tomorrow and if you shop in select categories you can earn yourself some big bonus with Air Canada Aeroplan or AIR MILES. Up to 17x Aeroplan Points Air Canada Aeroplan members who shop Amazon’s Prime Big Deal Days via the Aeroplan eSto.... More »
September 29 Update: Many Business Class lounges in Canada now require proof of vaccination, 20x PC Optimum points at Shoppers Drug Mart & more! + MORE Sep 30th
Here's your Rewards Canada Daily update! Your daily dose (or near daily dose) of loyalty program, credit card and travel news, bonuses, deals and more. Business Class lounges in Alberta, Manitoba, Ontario and Quebec have had to update their access policies over the past few weeks to reflec.... More »
Earn up to 7,000 bonus Aeroplan points on Air Canada flights to Europe + MORE Feb 22nd
Air Canada has a new seat sale for flights to Europe out of Canada and part of that sale also includes bonus Aeroplan points. Members can earn up to 7,000 bonus points on flights booked by March 1 for travel until September 30, 2023. The up to 7,000 bonus points offer: Earn up to 7,000 […]
The.... More »
TFSA contribution room calculator Dec 11th
Tax-free savings accounts (TFSAs) are one of the most popular tools for retirement savings. Since you contribute funds that you’ve already paid taxes on, you’ll enjoy tax-free growth. However, the government places limitations on how much you can contribute every year and overall. This is known .... More »
November 30 Update: SWISS First Class was available for booking – we missed it, Plum Rewards added to bonus offers, Stay 2 Get 3 with Hyatt & Amex
– RewardsCanada.ca
If you read a lot of other frequent flyer/miles/points blogs your RSS feed may have exploded with this anomalous offer just like ours did. Overnight SWISS First Class became available to redeem for with Aeroplan Miles, MileagePlus miles and most other Star Alliance programs! Normally SWISS First Class is not available as an award to anyone but Miles & More Senator members but for some reason it opened up. We’ve seen it happen earlier this year and once back in 2016.We did our best this morning to find availability but couldn’t find anything leading us to believe that this amazing redemption offer was caught by SWISS and corrected by the time we got to work hence no post from us about it. It does tell us one thing – you shouldn’t sleep at all. You need to be awake 24hrs a day to catch these offers! Just kidding, what you should be doing is making sure you follow many blogs so that you don’t miss out on any potential offers. By the way, in our search for the SWISS First Class we did come across some Lufthansa First Class availability out of New York City on Aeroplan and this was a few months out – not 14 days like you typically see when trying to book LH First…TransUnion report projects uptick in credit card delinquency rates in 2018
– canadianbusiness.com
TORONTO _ Expectations of higher interest rates in 2018 and a slight cooling off of the Canadian economy may see more consumers defaulting on credit card loans next year, a report by TransUnion Canada says.
While the credit rating agency expects Canadians to maintain relatively stable delinquency levels over the next year, it projects the serious delinquency rate for credit cards will rise to 3.63 per cent in the fourth quarter of 2018 from 3.02 per cent this year.
The agency also projects the average Canadian consumer’s credit card balance will increase to $4,220 in the final quarter of 2018 from about $4,155 projected this year.
TransUnion says the overall serious delinquency rate for non-mortgage debt _ which includes auto loans, credit cards, instalment loans and lines of credit _ is otherwise expected to be essentially unchanged next year. It projects an increase to 5.65 per cent in the final quarter of 2018 compared with 5.63 per cent in the last quarter of this year.
The agency also says the serious mortgage delinquency rate is expected to remain roughly unchanged at 0…
While the credit rating agency expects Canadians to maintain relatively stable delinquency levels over the next year, it projects the serious delinquency rate for credit cards will rise to 3.63 per cent in the fourth quarter of 2018 from 3.02 per cent this year.
The agency also projects the average Canadian consumer’s credit card balance will increase to $4,220 in the final quarter of 2018 from about $4,155 projected this year.
TransUnion says the overall serious delinquency rate for non-mortgage debt _ which includes auto loans, credit cards, instalment loans and lines of credit _ is otherwise expected to be essentially unchanged next year. It projects an increase to 5.65 per cent in the final quarter of 2018 compared with 5.63 per cent in the last quarter of this year.
The agency also says the serious mortgage delinquency rate is expected to remain roughly unchanged at 0…
American Express EveryDay vs. Blue Cash Everyday: Which is best? – CreditCards.com
– creditcards.com
If you’re in the market for a well-rounded grocery card, but don’t want to pay an annual fee, the Amex EveryDay card and the Blue Cash Everyday card are both solid options. Read on to see why we give the edge to the EveryDay card.
The Best Credit Cards to Use for the 2017 Holiday Season
– ratesupermarket.ca
There are exactly 25 shopping days left until Christmas, and whether you’re ahead of the game or behind on your shopping list, you may already be feeling some shopping lethargy. But don’t despair: depending on your preferred method of payment, you may be able to get rewarded for running around those stuffy, crowded malls or spending hours scrolling through online catalogues.
We present to you five of RateSupermarket.ca’s 2017 Best of Finance credit card winners that can reward you on each dollar you spend and make your Christmas morning just a bit brighter.
If you’re a student coming home for the holidays
Card of choice: BMO SPC® CashBack® MasterCard®
Though the holidays can pose as a stressful time for anyone, early December is an especially challenging time for a college or university student. Exam season can be mentally and physically taxing to say the least. And if money is tight and you’re looking for ways to cut costs, buying gifts for friends and family will be no easy feat with Christmas just around the corner…
