Match your Air Canada Aeroplan Elite Status to the new Atmos Rewards from Alaska Airlines + MORE Aug 23rd
RWRDS Daily Update July 25: Earn up to 125 Bonus AIR MILES at Shell on July 28 & earn bonus Aeroplan points on Air Canada flights out of Hong Kong + MORE Jul 26th
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Canadians are turning to family—and credit—to stay afloat
– moneysense.ca
A report from Mortgage Professionals Canada (MPC) found that 70% of recent home buyers say they couldn’t have purchased their property without financial help. A separate survey by Harris & Partners, a licensed insolvency trustee firm, shows that many Canadians are struggling to afford routine expenses: nearly 60% of respondents said their income isn’t sufficient to cover essentials like rent, groceries, and utilities.
The new reality of home ownership: financial help and rising payments
MPC’s State of the Housing Market survey found that seven in 10 Canadians who purchased a home in the last two years say they couldn’t have done so without help with a down payment. Across all home buyers, that figure stands at 58%.
In most cases, the “help” comes from family. A 2024 report from CIBC shows that intergenerational wealth transfers are becoming the norm, with 31% of first-time buyers receiving a financial gift from their parents…
This Week in RWRDS July 18, 2025: Will this new Mastercard be legendary?
– RewardsCanada.ca
The post This Week in RWRDS July 18, 2025: Will this new Mastercard be legendary? appeared first on Rewards Canada.
Top ways that credit card fees sneak into your trip
– moneysense.ca
It’s summertime, and that means break time for many Canadians. If you’ve been using a credit card to book your holiday and spending while on vacation, you might be paying more than you think. While travel credit cards often offer perks or rewards, they can often come with expensive upfront annual fees, and more importantly, other hidden costs you may not know about.
Here are some ways that credit card fees make your trip more expensive—and how you can avoid some of them by using an EQ Bank Card.
How fees add up when you use a travel credit card
If you’re an avid traveller, you may have a travel credit card. They offer convenience and perks. But those benefits often come with a cost, and the fees can start racking up even before the vacation begins.
Before you travel
Most travel credit cards carry hefty annual fees ranging from around $120 per year up to $799 for cards with the most premium benefits. That’s a lot of money to pay just for opening an account.
That’s not all…
