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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How many credit cards do you need to get a mortgage? + MORE Sep 6th
With just one card you may not be able to get a FICO credit score and qualify for a mortgage, but there are some simple things you can do to build up your credit profile.... More »
Podcast Episode 77 - BMO, what are you doing? Feb 27th
In this episode we discuss all the changes BMO Bank of Montreal is making to more than a half dozen cards they issue. One change is the bright light shining through an opening in an otherwise overcast sky. We discuss all the changes the good, the bad and the ugly. We del.... More »
Earn up to 200 bonus WestJet dollars when flying on select WestJet flights across Canada + MORE Feb 27th
WestJet is looking to reward its members with some really healthy bonuses for flying on many of their longer haul flights across our country this spring! Simply register and book by March 31st and you'll be eligible to earn the bonuses on flights until May 31st. If you have an itinerary that connect.... More »
New RBC Offers include statement credits for Fairmont Hotels, Boston Pizza and Simons Apr 15th
There are some great new promotions in the latest batch RBC Offers that were revealed over the past couple of weeks including a Fairmont Hotel stay offer and for shopping with Simons! In total there are nearly 30 offers in place with this program. Be sure to login to your RBC account r.... More »
Amex Offers: Spend $1,000 with Air France or KLM and receive a $250 statement credit + MORE Jun 3rd
We see the return of an Amex Offers statement credit offer for purchasing tickets with Air France and KLM. This offer was last seen in the fall of 2021 and provided a $100 statement credit when you spend $1,000 or more with either airline. This time they upped the ante significantly as they offering.... More »
Darryl Dyck/CPMONTREAL – The cost of flying will soon increase for millions of Canadian passengers each year with the announcement by WestJet Airlines that it will start charging some economy fare customers a fee to check their first bag on flights within Canada and to the United States.
The new fee, ranging between $25 and $29.50 depending on provincial taxes, will apply to all new bookings starting Monday for travel on WestJet and its regional airline Encore as of Oct. 29.
WestJet (TSX:WJA) said the new charge — to be paid at check-in or online up to 24 hours before travel — is expected to affect 20 per cent of its travellers, or some 4.4 million passengers a year.
Different baggage allowances will apply to those in other fare classes or those using its revamped loyalty program, also unveiled Monday.
WestJet’s Flex fares avoid the first baggage charge, while Plus fares provide more leg room, advance boarding and two free checked bags. WestJet RBC World Elite MasterCard holders and up to eight guests travelling on the same reservation won’t pay the first checked bag fee…
Don't travel? Opt for other business rewards
– creditcards.com
If you don’t travel much for business or pleasure, there’s no point in getting a small-business credit card that specializes in travel rewards. Instead, look for a cash-back card or one that earns rewards you can use
Darryl Dyck/CPMONTREAL – The cost of flying will soon increase for millions of Canadian passengers each year with the announcement by WestJet Airlines that it will start charging some economy fare customers a fee to check their first bag on flights within Canada and to the United States.
The new fee, ranging between $25 and $29.50 depending on provincial taxes, will apply to all new bookings starting Monday for travel on WestJet and its regional airline Encore as of Oct. 29.
WestJet (TSX:WJA) said the new charge — to be paid at check-in or online up to 24 hours before travel — is expected to affect 20 per cent of its travellers, or some 4.4 million passengers a year.
Different baggage allowances will apply to those in other fare classes or those using its revamped loyalty program, also unveiled Monday.
WestJet’s Flex fares avoid the first baggage charge, while Plus fares provide more leg room, advance boarding and two free checked bags. WestJet RBC World Elite MasterCard holders and up to eight guests travelling on the same reservation won’t pay the first checked bag fee…
Why there’s a sudden surge in reverse mortgages
– moneysense.ca
The number of reverse mortgages in Canada increased 29% year-over-year in June—a significant jump. Fee-only planner Jason Heath says the rise is due to soaring home prices in Canada, allowing seniors with limited income to use reverse mortgages to tap into their growing home equity. But Heath warns that using reverse mortgages is risky, because they permanently eat through your home equity, and they do so quickly. A more prudent option is a home-equity line of credit. If you’re really short on cash, it’s often better to sell your house, spend some of the proceeds, and rent.
Source: HomEquityBank
The post Why there’s a sudden surge in reverse mortgages appeared first on MoneySense.
Air Canada: Earn up to 35,000 Bonus Aeroplan Miles between Canada or the U.S. and London
– RewardsCanada.ca
Air Canada has launched a new promotion for bonus Aeroplan miles on their flights from Canada to London and on United Airlines flights from the U.S. to London. Called London. This offer is hot on the heels of their summer London offer which isn’t open for registration but is still valid for flights until September 30th. The new offering is more lucrative for those flying on economy class fares than the previous bonus as the bonus levels in this new offer are the same regardless of fare class whereas the summer promo awarded more for higher fare classes. Here is how this latest bonus is awarded to those flying to London:As with As with all Aeroplan flight bonuses for Air Canada, this promotion is only valid on new bookings so if you have an existing booking(s) made prior to today it will not count towards the promotion.Offer DetailsEarn up to 35,000 Bonus Aeroplan Miles on non stop round-trip flights (or 2 one-way segments) with Air Canada between Canada and London or with United between the U…
