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Vote for your favourite credit cards and loyalty programs in Canada's Choice 2021 + MORE Sep 17th
After a six year hiatus we’re happy to announce that Rewards Canada has brought back Canada’s Choice! This is where, you, the Canadian consumer get to vote for your favourite credit cards and loyalty programs in Canada!! Voting is quite simple, once you click the icon or.... More »
Declined for a much-needed loan or credit card? There are other options Sep 21st
Unlike the major banks and payday lenders in Canada, the alternative lending market is less directly regulated, and that can expose consumers to greater risks when borrowing, Lesley-Anne Scorgie writes..... More »
The best GIC rates in Canada for 2026 Jul 22nd
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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Coming soon: AIR MILES redemption rebate – Get up to 20% back in miles on Dream and Cash Miles reward redemptions Jun 8th
As noted in our podcast with AIR MILES, the program’s next big mileage redemption rebate event is happening this month! From June 13 to 27 AIR MILES Collectors can get 20% back in miles on eligible Dream Miles and/or Cash Miles redemptions. As with most offers from the program, collectors are .... More »
Receive up to 50,000 points back on Aeroplan hotel bookings + MORE Nov 14th
Air Canada Aeroplan has brought back a “points back” promotion for booking hotel stays with your Aeroplan points. Members can receive up to a 50,000 Aeroplan points rebate when registering for this offer and redeeming for eligible stays. This time the tiered offer is capped at 40,000 points reba.... More »
Walmart Canada to stop accepting Visa cards due to 'unacceptably high' fees – CBC.ca
– news.google.ca
CBC.caWalmart Canada to stop accepting Visa cards due to 'unacceptably high' feesCBC.caWalmart says it intends to join the list of retailers in Canada that don't accept Visa cards, citing high fees for transactions. It's a move one retail analyst has said will cause "pain on all sides." All credit cards charge fees to retailers, which …Wal-Mart Canada no longer accepts Visa cards due to 'unacceptably high' feesCTV NewsThe Mortgage GalCastanet.netWalmart to stop accepting Visa cards in Canadian storesGlobalnews.caThe Guardian -Huffington Post Canada -CJOB -Mississaugaall 24 news articles »
Walmart Canada will no longer accept Visa due to ‘unacceptably high’ fees
– canadianbusiness.com
TORONTO – Walmart says it intends to join the list of retailers in Canada that don’t accept Visa cards, citing high fees for transactions. It’s a move a retail analyst has said will cause “pain on all sides.”
All credit cards charge fees to retailers, which generally are between one per cent and 2.5 per cent of the cost of what’s being sold. The fees depend on the type of card the customer is using — cash-back and premium cards generally have higher fees — and the type of retailer they’re shopping at.
Walmart Canada quietly made the announcement on Saturday that it would gradually stop accepting Visa cards at all of its locations, citing “unacceptably high” fees.
But a statement from Visa said the credit card company offered Walmart “one of the lowest rates available to any merchant in the country.”
Doug Stephens, a Toronto-based retail analyst and strategist, noted that both sides will likely see disadvantages to this deal…
All credit cards charge fees to retailers, which generally are between one per cent and 2.5 per cent of the cost of what’s being sold. The fees depend on the type of card the customer is using — cash-back and premium cards generally have higher fees — and the type of retailer they’re shopping at.
Walmart Canada quietly made the announcement on Saturday that it would gradually stop accepting Visa cards at all of its locations, citing “unacceptably high” fees.
But a statement from Visa said the credit card company offered Walmart “one of the lowest rates available to any merchant in the country.”
Doug Stephens, a Toronto-based retail analyst and strategist, noted that both sides will likely see disadvantages to this deal…
Walmart Canada will no longer accept Visa
Walmart Canada to stop accepting Visa cards due to 'unacceptably high' fees – CBC.ca
– news.google.ca
CBC.caWalmart Canada to stop accepting Visa cards due to 'unacceptably high' feesCBC.caWalmart says it intends to join the list of retailers in Canada that don't accept Visa cards, citing high fees for transactions. It's a move one retail analyst has said will cause "pain on all sides." All credit cards charge fees to retailers, which …Wal-Mart Canada no longer accepts Visa cards due to 'unacceptably high' feesCTV NewsThe Mortgage GalCastanet.netWalmart to stop accepting Visa cards in Canadian storesGlobalnews.caThe Guardian -Huffington Post Canada -CJOB -Mississaugaall 24 news articles »
Walmart Canada will no longer accept Visa due to ‘unacceptably high’ fees
– theglobeandmail.com
Representatives from the store say that fees applied to Visa cards are ‘unacceptably high’
