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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The best GIC rates in Canada for 2025 + MORE Jun 23rd
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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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New! Earn 4% cash back in the first 6 months on the no fee SimplyCash Card from American Express + MORE May 20th
Today we see American Express boost the introductory welcome bonus on their great no fee cash back credit card, the SimplyCash Card from American Express. As of today the welcome offer jumps to 4% cash back on all purchases (up to $200 cash back) for the first 6 months. Typically the offer is .... More »
Last Chance: Earn up to 80,000 points with the HSBC World Elite Mastercard + MORE Aug 26th
The current limited time welcome bonus offer for the HSBC World Elite® Mastercard® of up to 80,000 bonus HSBC Rewards points will end on August 31. It will not be extended after that date and the offer replacing won’t be this good. If you’ve had your eye on the card that Rewards Canada.... More »
Loyalty Lesson: How to extract more value from Avion Rewards Jul 14th
If you have the RBC Avion Visa Infinite Card, RBC Avion Visa Platinum Card or RBC Avion Visa Infinite Privilege Card in your wallet you’ll want to read this to see how you can extract more value from Avion Rewards. For well over a decade the Visa Infinite version has been one of Canada’s.... More »
RWRDS Daily Update – February 19, 2024 Feb 20th
New AIR MILES Flash Offers to earn bonus miles, RBC will not inherit Singapore Airlines KrisFlyer conversion option from HSBC 18 new confirmed MBNA Rewards 5x points multipliers. Check out today's points & miles updates here:
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Top Canadian Credit Card Issuers Cut Interest Rates and Pause Planned Hikes
– ratesupermarket.ca
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…
