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Latest News
Weekly rate report: Average card APR breaks new record, climbing to 17.51 percent + MORE Jan 23rd
January 23, 2019: The average credit card interest rate climbed to another all-time high this week, coming within rounding distance of 18 percent for the first time on record..... More »
Marriott's largest Cyber Sale ever - Save up to 25% at over 5,000 hotels in the Americas (233 in Canada) + MORE Nov 25th
Marriott is offering its largest Cyber sale ever which begins today Tuesday, November 24. Marriott Bonvoy™ Escapes seven-day sale is being offered for the first time at more than 5,000 hotels throughout the US, Canada, the Caribbean and Latin America. Marriott Bonvoy members will save 25% an.... More »
Earn up to 15,000 bonus Aeroplan points on Air Canada flights to Singapore + MORE Nov 10th
Air Canada is looking to drum up some early bookings on their new Singapore route with this route bonus! Aeroplan members who register and book flights between Canada and Singapore by November 15 for travel in 2024 will earn up to 15,000 bonus points. The up to 15,000 bonus points offer: Earn up to .... More »
RWRDS Daily Update – November 7 + MORE Nov 7th
Here’s your Rewards Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. New Amex Offers for Marriott & TruLocal Two new Amex Offers were released today – one that I know will be very popular which is for Marriott stays and th.... More »
Top 5 Credit Card Sign Up offers for December - nearly $1,500 in travel rewards with these cards + MORE Dec 6th
Here are the Rewards Canada Top 5 Credit Card Sign Up offers for the month of December! This is not a 'best' credit card list like our Top Travel Rewards Credit Card rankings but instead a look at cards that have very good acquisition (sign up) offers. As always when choosing a card you should alwa.... More »
Is Credit Card Debt Good for Canada’s Big Banks?
– ratesupermarket.ca
The dangers of taking on too much debt are a constant narrative in Canada, especially as the economy takes a turn for the worst. Today’s environment of high unemployment, low oil prices and tepid growth forecasts prompt a stern warning for consumers to resist borrowing too much, as exposure to credit card delinquency poses risk to both individuals and the big banks.
However, a new report by Canaccord Genuity analyst Gabriel Dechaine questions whether credit card debt really heightens the risk for banks – and that it could actually have the opposite effect. Says Dechaine, “despite the ‘doom and gloom’, most credit metrics for cards are surprisingly resilient,” adding, “While there has certainly been smoke, (e.g. rising unemployment) we have yet to see much fire.”
His report states “Canadian banks have over $60 billion of Canadian credit card receivables, which represents only 3 per cent of total sector loans. Yet we estimate they generate 10 per cent of sector profits,” adding that as some key businesses experience a slowdown (e…
The Queen in her most important role: as ‘Gan-Gan’
– macleans.ca
This official photograph, released by Buckingham Palace on Wednesday April 20, 2016, to mark her 90th birthday, shows Queen Elizabeth II with her five great-grandchildren and her two youngest grandchildren in the Green Drawing Room, part of Windsor Castle’s semi-State apartments in Windsor England. (© 2016 Annie Leibovitz via AP) MANDATORY CREDITShe’s the Queen of 16 realms, including Canada. She’s outlasted 11 British prime ministers and another 12 Canadian ones. Those constitutional roles hold great significance to a woman who has been on the throne for more than 64 years—yet it’s not her top responsibility.
The most important role for Queen Elizabeth II is to be a matriarch. The head of the house of Windsor is in the ultimate family business, one passed down through generations, dynasties and centuries.
So for her 90th birthday on April 21, it was only fitting that the Queen would be surrounded by her family in a series of official portraits taken by the American celebrity photographer Annie Leibovitz over Easter…
Rate survey: Average card APR jumps to 15.19 percent
– creditcards.com
April 20, 2016: The average interest rate on new credit card offers rose to a near record high this week, according to the CreditCards.com Weekly Credit Card Rate Report.
The Queen in her most important role: as ‘Gan-Gan’
– macleans.ca
This official photograph, released by Buckingham Palace on Wednesday April 20, 2016, to mark her 90th birthday, shows Queen Elizabeth II with her five great-grandchildren and her two youngest grandchildren in the Green Drawing Room, part of Windsor Castle’s semi-State apartments in Windsor England. (© 2016 Annie Leibovitz via AP) MANDATORY CREDITShe’s the Queen of 16 realms, including Canada. She’s outlasted 11 British prime ministers and another 12 Canadian ones. Those constitutional roles hold great significance to a woman who has been on the throne for more than 64 years—yet it’s not her top responsibility.
The most important role for Queen Elizabeth II is to be a matriarch. The head of the house of Windsor is in the ultimate family business, one passed down through generations, dynasties and centuries.
So for her 90th birthday on April 21, it was only fitting that the Queen would be surrounded by her family in a series of official portraits taken by the American celebrity photographer Annie Leibovitz over Easter…
