The best GIC rates in Canada for 2025 + MORE Jun 23rd
RWRDS Daily Update June 16: New Amex Offers for HP and Sephora & check your loyalty program accounts regularly! + MORE Jun 16th
RWRDS Daily Update June 25: Marriott adding three more hotels in Canada this year & another AIR MILES Flash Offer for Shell – time to stack and rack the miles! Jun 25th
Earn 10x miles on Amazon purchases made via AIR MILES Shops until July 2 (Quebec only?) Jun 21st
Scientists discover ancient radio signals from distant galaxy cluster - AOL.com + MORE Jun 28th
Planning to use your home equity in retirement
– moneysense.ca

Since home equity makes up such a significant allocation of Canadian wealth, it is only natural to wonder how best to use this equity in retirement. Let’s look at three options for retirees: using a home equity line of credit (HELOC), taking out a reverse mortgage and selling your home.
HELOC rates in Canada
A HELOC is a simple and flexible way to spend your home equity. You can borrow as needed up to your credit limit and pay interest only on the balance borrowed. As a secured loan, the HELOC uses your home for collateral. Secured loans typically have lower interest rates than unsecured loans (such as personal loans and credit card debt). Currently, HELOC rates in Canada are about 5% to 6%.
Many people have lines of credit during their working years and use them for various purposes…
The expanded RBC-More Rewards partnership is here – RBC cardholders can now earn 2x More Rewards points on groceries
– RewardsCanada.ca
The post The expanded RBC-More Rewards partnership is here – RBC cardholders can now earn 2x More Rewards points on groceries appeared first on Rewards Canada.
AIR MILES Shops: Earn up to 150 bonus Miles sitewide for your online shopping until June 15
– RewardsCanada.ca
The post AIR MILES Shops: Earn up to 150 bonus Miles sitewide for your online shopping until June 15 appeared first on Rewards Canada.
RWRDS Daily Update June 2: New Amex Offers for Mr. Lube, Manscaped, Specsavers and truLocal
– RewardsCanada.ca
The post RWRDS Daily Update June 2: New Amex Offers for Mr. Lube, Manscaped, Specsavers and truLocal appeared first on Rewards Canada.