Top Canadian Credit Card Issuers Cut Interest Rates and Pause Planned Hikes Apr 13th

How to go about securing the best rate and plan for your credit card in Canada.
Latest News
credit card

Can you file multiple years of income taxes together in Canada? + MORE Dec 21st

Tax season is approaching. Soon, more than 30 million Canadians will be filing their tax returns. Most Canadians file their taxes every year but according to a paper from Carleton University, as many as 12% of Canadians don’t, and aside from missing out on tax refunds, this is costing many low inc.... More »
 card points

Clash of the Credit Cards! Marriott Bonvoy American Express Card vs. MBNA Best Western Rewards Mastercard Dec 24th

 Welcome to another Rewards Canada Clash! If you listened to our podcast from June entitled Clash of the Credit Cards - you'll know that we've changed our Showdown features to Clashes. The reason why is that lots of sites and blogs are using Showdown now, some are using battle so we .... More »
credit card

March 5 Update: 50% off award flights on SATA Airlines out of Toronto and 500 bonus points per night at the new Hyatt Place Ottawa West + MORE Mar 5th

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.  There is an interesting flight reward promotion that we came across in our daily bonus offer updates. This one is for Portugal's SATA Az.... More »
credit card

Top 5 Credit Card Sign Up offers for August - These cards provide some of the best value out of their welcome bonuses + MORE Aug 6th

Here are the Rewards Canada Top 5 Credit Card Sign Up offers for the month of August 2020! 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 (welcome/sign up) offers. As always when choosing a card you .... More »

RWRDS Daily Update – February 15, 2024 Feb 16th

Earn 2x Scene+ points at Home Hardware this weekend and a new Amex Offers statement credit for Miku and Minami Restaurants. Check out today's points & miles updates here: The post RWRDS Daily Update – February 15, 2024 appeared first on Rewards Canada..... More »
Top Canadian Credit Card Issuers Cut Interest Rates and Pause Planned Hikes
The COVID-19 pandemic has swept many Canadians into unanticipated financial uncertainty. Mass temporary layoffs and job losses have left hundreds of thousands of people wondering how they are going to pay their rent and credit card bills in the coming months.
While the federal government is taking steps to ensure that its citizens have financial resources, the financial services industry is also stepping up to do their part for Canadians in their time of need. From emergency loans and mortgage deferrals to more recent measures such as pausing planned credit card interest changes and cutting interest rates, the major Canadian banks are proving that they care about their customers.
How Credit Card Issuers Are Offering Support
So far, Canada’s top banks have announced the following changes to support their customers during these times of financial stress.
Payment Deferrals
Canada’s five big banks have announced payment deferral plans for those struggling to keep up with their credit card bills…

Continue Reading On ratesupermarket.ca »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!