The best GIC rates in Canada for 2025 + MORE Aug 18th

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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Air Transat plans new loyalty program with Desjardins and Visa Jan 22nd

Air Transat has announced plans to start a new loyalty program with Desjardins Group and Visa. The launch, planned for the second half of this year, will offer travellers exclusive benefits and an improved experience, the airline said. The announcement comes after Transat suspended its BonBon r.... More »

The best GIC rates in Canada for 2026 Jul 22nd

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. Why trust us MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
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As AI fuels a surge in travel scams, here’s how you can protect yourself May 8th

Mark Kalinowski’s dad fell for a classic travel scam. “Someone called one day and said, ‘Hey, good news, you won a trip to Florida. It’s all paid for. Just pay that $200 upfront holding fee,’” Kalinowski recalled from his home in Calgary. “He’s like, ‘Oh yeah, let me give you my cr.... More »

How to earn more rewards with your credit cards Mar 30th

If you’re like many Canadians, you may feel your credit card rewards aren’t delivering as much value as they could. After all, cards are often marketed with generous welcome bonuses and the promise of effortless cash back, travel points, statement credits, and more. If those rewards don’t seem.... More »
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EQ Bank aims to become a household name + MORE Feb 20th

Canada’s seventh-largest bank is a lender the vast majority of Canadians have never heard of. It has no branches, credit cards, or wealth management offerings. That could all soon change, says Chadwick Westlake, who became chief executive of EQ Bank last August and already announced a transform.... More »
A friendly reminder that the best bonus offers for this year on the American Express® Aeroplan®* Reserve Card and the American Express® Aeroplan®* Business Reserve Card are ending tonight! In this post we’ll look at the offer for business card which offers up to 140,000 bonus Aeroplan points. The Amex Aeroplan Reserve Cards are cards targeted […]
The post Final day for the best offer this year! Earn up to 140,000 points with the American Express® Aeroplan®* Business Reserve Card appeared first on Rewards Canada.

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There’s a deepening divide among consumers, even as the rate of missed credit payments dipped, a new Equifax Canada report shows. 

It shows 1.4 million Canadians missed a credit payment in the second quarter. While that’s up by 118,000 compared with the same time last year, it’s down slightly from the first quarter. 

Rebecca Oakes, vice-president of advanced analytics at Equifax Canada, said it’s “a bit of good news” to see the delinquency rate levelling off. “We’re starting to finally see that stabilize a little bit,” she said in an interview.

“The less good news, though, is that below that high level number, we’re still seeing this financial gap widening for some groups of consumers,” she added, particularly between home owners and non-home-owners. 

Widening gap between home owners and non-home-owners

About one in 19 Canadians without a mortgage missed at least one credit payment, compared with one in 37 home owners, the report said. 

Total consumer debt rose 3…

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New Amex Offers statement credit for PRESTO, AIR MILES Mileage Transfers are… down again and Catch up on This Week in RWRDS. Check out today’s points & miles updates here:
The post RWRDS Daily Update August 18: New Amex Offers statement credit for PRESTO & AIR MILES Mileage Transfers are… down again! appeared first on Rewards Canada.

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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.

Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada. To help you find the best financial products, we compare the offerings of major institutions, including banks, credit unions and card issuers. Learn more about our advertising and trusted partners.

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Highest GIC rates in Canada

Banks, credit unions, trust companies and discount brokerages all offer GICs. Below, you’ll find the best rates available from a variety of financial institutions, including credit unions and Canada’s Big Six banks. The rates listed are for non-redeemable GICs held in non-registered accounts—the most popular type of GIC in Canada…

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A reminder that the best bonus offers for this year on the American Express® Aeroplan®* Reserve Card and the American Express® Aeroplan®* Business Reserve Card end today! In this post we’ll look at the offer for consume card which offers up to 130,000 bonus Aeroplan points. The Amex Aeroplan Reserve Cards are cards targeted towards […]
The post Final day to get the best offer this year! Earn up to 130,000 points with the American Express® Aeroplan®* Reserve Card appeared first on Rewards Canada.

Continue Reading On RewardsCanada.ca »

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