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?
Latest News
Resumption of mandatory random COVID-19 testing for international travellers & earn 2x points for stays at Sonesta Hotels locations in Toronto Jul 16th
Here's your Rewards Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. The Canadian Government announced the resumption of COVID-19 mandatory random testing for those entering Canada by air. As of July 19 the random tests will return f.... More »
Bill Cosby pre-trial optics: Wives, sweaters and NBC + MORE Jun 5th
(Photo credit should read DON EMMERT/AFP/Getty Images)
Criminal cases are built on evidence carefully gathered in discovery and witnesses’ sworn testimony. But justice is a human endeavour, which makes it subject to optics—court theatrics designed to trigger an emotional response or bias. .... More »
What to do about your debt after the interest rate hike + MORE Jan 18th
TORONTO — Many consumers will soon find their debt loads heavier now that Canada’s central bank and the country’s biggest commercial lenders have raised their benchmark rates by one-quarter percentage point.
The country’s biggest banks raised their prime rates after the Bank of C.... More »
What to do with a defunct Citi Hilton card? + MORE Dec 20th
If you have a Citi Hilton Visa card, is it worth keeping it when it switches to American Express?.... More »
Earn 7x points when shopping with Apple via the Aeroplan eStore + MORE Apr 28th
Aeroplan has brought back their 7x points offer for shopping online with Apple! This works for all eligible online purchases, even those you pick up in store! This is how I used to do all my Apple purchases, buy online and pick up typically within 2-3 hours at the Apple store all the while .... More »
We help families get five-figure refunds: Roseman
– thestar.com
We helped a family recover a large credit card balance paid by a widow left without assets. We also got a $12,000 refund on a heating system.
Confused By Canadian Finances?
– ratesupermarket.ca
A few reports came out this week, underscoring the knowledge gap between Canadian consumers and the state of their personal finances. An annual debt report released by BMO finds household debt levels continue to skyrocket, as consumers clamour for mortgages and cheap credit. Meanwhile, a study shows many TFSA investors still aren’t clear on their contribution rules.
Read on for the full story, plus the rest of the week’s top headlines.
Should You Really Worry About Your Household Debt?
Canadians are carrying more debt these days – but no one seems to be too worried about it. Should consumers be more concerned?
The amount of debt carried by Canadian households rose sharply last year, according to BMO’s Annual Debt Report. The uptick is partly due to an increase in mortgages, and some argue that rising property values will offset the risk. But what if the housing market cools?
Read Gordon’s Blog | Should You Really Worry About Your Household Debt?
What To Do When Your Rental Tenant Leaves
Renting out a portion of your home can be a great way to increase your affordability as a homeowner…
Russian hacking suspect ordered held in Seattle; prosecutors say laptop rich with evidence
– canadianbusiness.com
SEATTLE – A federal judge ordered the son of a prominent Russian lawmaker on Friday to remain in custody until his trial on computer hacking charges, after a prosecutor said evidence recovered from his laptop after his arrest in the Maldives gave new insight into the breadth of his activities.
Roman Seleznev, 30, the son of Russian lawmaker Valery Seleznev, appeared in U.S. District Court in Seattle, where he was indicted in 2011 on charges that involved hacking into computerized cash registers, stealing hundreds of thousands of credit card numbers and selling the data online for at least $2 million.
Seleznev faces similar but unrelated charges in Nevada.
In arguing for Seleznev to remain in custody, assistant U.S. attorney Norman Barbosa told the court that at first look, his laptop contained 2.1 million stolen credit card numbers, his criminal behaviour was ongoing, and his profits had topped $17 million.
“Those funds have remained beyond the reach of U.S. law enforcement, so they are probably — almost definitely — available to the defendant” should he try to flee, Barbosa told Magistrate Judge James P…
Roman Seleznev, 30, the son of Russian lawmaker Valery Seleznev, appeared in U.S. District Court in Seattle, where he was indicted in 2011 on charges that involved hacking into computerized cash registers, stealing hundreds of thousands of credit card numbers and selling the data online for at least $2 million.
Seleznev faces similar but unrelated charges in Nevada.
In arguing for Seleznev to remain in custody, assistant U.S. attorney Norman Barbosa told the court that at first look, his laptop contained 2.1 million stolen credit card numbers, his criminal behaviour was ongoing, and his profits had topped $17 million.
“Those funds have remained beyond the reach of U.S. law enforcement, so they are probably — almost definitely — available to the defendant” should he try to flee, Barbosa told Magistrate Judge James P…
