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Award Availability Alert: Fly Virgin Atlantic from Toronto to London for only 12,000 Membership Rewards points Mar 17th
There is an excellent opportunity to use American Express Membership Rewards to fly on Virgin Atlantic’s new Toronto to London route which launches on March 30. By utilizing two transfer options and a bonus on one of those, you can make your way across the Atlantic in economy class for only 12.... More »
RC23 Spotlight: Air Canada Aeroplan (Prizes: 3 x 23,000 Aeroplan points) + MORE Sep 13th
Air Canad Aeroplan is the next RC23 RWRDS Canada’s 23rd Anniversary Contest sponsor that we are giving the spotlight to! As one of the oldest and largest programs in Canada, Air Canada Aeroplan is well known to Canadians! The program has received a lot of the spotlight since being revamped nearly .... More »
This Week in RWRDS September 12, 2025: Are the WestJet Mastercard changes good or bad? Sep 13th
This week we discuss the incoming changes to the WestJet RBC World Elite Mastercard and WestJet RBC Mastercard, Wealthsimple Visa Infinite changes, another excellent oneworld elite status match opportunity and much more in our weekly credit card and loyalty rewards newscast! Watch This Week in RWRDS.... More »
The Best Small Business Credit Card Welcome Bonus Offers for January 2025 + MORE Jan 16th
Here are Rewards Canada’s Top 5 Small Business Credit Card Sign Up offers for January. This is not a ‘best’ credit card list like our overall Top Travel Rewards Credit Card rankings but rather a look at small business cards that have the best welcome bonus offers. As always when ch.... More »
The best GIC rates in Canada for 2026 Feb 17th
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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The Ultimate Foodie Credit Card Portfolio, Air France KLM Flying Blue Promo Rewards for May & a 20% bonus on Fairmont gift card purchases on May 4
– RewardsCanada.ca
Here’s your Rewards Canada Daily update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. Today’s update is brought to you by the HSBC High Rate Savings Account with which you can enjoy a total annual interest rate of up to 2.65% on new deposits± Click here to learn more about this offer Another Ultimate Portfolio update to let you know about – this time we updated updated The Ultimate Foodie Credit Card Portfolio! With this portfolio you would earn no less than a 4% return on all your foodie purchases. This was a more substantial update as 2 of the 3 cards were switched! The recommended Mastercard is now the MBNA Rewards World Elite Mastercard (replaces the now defunct Capital One Costco card) and the Visa has been switched from the Scotiabank Momentum Visa Infinite Card to the CIBC Dividend Visa Infinite Card simply for the latter card’s easier access to cash back. And of course it has been updated to the new Rewards Canada template…Buying a home after divorce
– moneysense.ca
I have a question for you regarding the first-time home buyers’ tax credit.
I signed a prenuptial agreement with my now ex-husband that I would not claim ownership of his house he bought previous to the marriage. I did not receive any funds relating to the house when I left.
When we divorced, I needed to find a house. I purchased a home for myself, and I am wondering if I can apply for the first-time home buyers’ tax credit if I occupied the ‘marital’ home during our marriage but had no ownership of the “marital” home.
—Shawna
How a divorce can affect buying a house, especially for the first-time buyer
The tax credit you are referring to, Shawna, is the home buyers’ amount (line 31270 of your tax return). An eligible taxpayer can claim $5,000 if they purchased a qualifying home during the tax year.
A qualifying home is pretty much any home purchase, including a house, condo or even a mobile home. The caveat is that you must intend to occupy the home by no later than one year after you acquire it…
The BMO Ascend World Elite Mastercard is officially here, is it a card worth considering?
– RewardsCanada.ca
The BMO Ascend World Elite Mastercard is officially here. First announced back in February, this is the rebrand and revamp of the BMO World Elite Mastercard. As of today the card name changes and the earn rate structure changes as well. In general, the changes to the card can be considered a devaluation. Back in 2015 it was #1 in our Travel Points Cards with Annual Fee category but with multiple devaluations over that time it started dropping down and for 2022 sits in 5th spot. Now, it appears the card may even fall completely out of the top 5 thanks to these further changes. Name Change The first change to the card is the card name. The BMO World Elite Mastercard is now known as the BMO Ascend World Elite Mastercard.Earn Rate ChangesThis is the area of concern as BMO has changed the earn rates. Two accelerated categories do get better, some stay the same and the base earn rate…. well let’s just say BMO took the axe to it. So you might say with two being better and only one worse that can’t be so bad can it? Well it depends on your spending habits…
