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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Amex Shop Small promotion returns for the summer! Receive a $5 credit for every $10 you spend at up to 5 participating small businesses + MORE Jul 1st
American Express Canada's awesome Shop Small offer is back for its summer run! This is an amazing promotion that many Amex Cardmembers eagerly await each year. For the next eight weeks Cardmembers are encouraged to use their Amex Card at participating Shop Small merchants to receive a $5 .... More »
February 22 Update: Canadian No Foreign Transaction Fee Credit Card Feature, 15% Bonus WestJet dollars when converting RBC Rewards & a note from Amex + MORE Feb 22nd
Ever since Chase announced they were exiting the Canadian market and shutting down their Marriott and Amazon cards earlier this year we have been inundated with questions on which cards in Canada still offer no foreign transaction fees. We have been answering individual emails and replying to commen.... More »
AIR MILES Flash Offer – Earn up to 230 bonus miles on Cash & Dream Rewards redemptions + MORE Jan 23rd
The first of this week’s AIR MILES Flash Offers is the return of a redemption promotion. From January 23 to 26 collectors who opt in for the offers and complete redemptions can earn up to 230 bonus miles. These are the separate offers for Cash Miles and Dream Miles rewards which can both be ea.... More »
Loblaw goes driverless, credit card surcharges and why adulting is unaffordable: Must-read business and investing stories - The Globe and Mail + MORE Oct 9th
Loblaw goes driverless, credit card surcharges and why adulting is unaffordable: Must-read business and investing stories The Globe and MailDriverless delivery trucks are hitting the roads in Canada. CBC News: The NationalYou Can Now Spot Driverless Loblaw Delivery Trucks In To.... More »
Rate survey: Average card rate climbs to all-time high of 16.99 percent + MORE Aug 2nd
August 1, 2018: The average credit card interest rate climbed to a record high Wednesday, according to the CreditCards.com Weekly Credit Card Rate Report.... More »
The Ultimate No Strings Attached Travel Credit Card Portfolio
– RewardsCanada.ca
In this feature of Rewards Canada’ Ultimate Credit Card Portfolios we look at the ultimate one for earning flexible travel points that have no stings attached. That means points that you can earn and then use on any travel, at anytime, that you can book through any provider and even use the points after you purchase the travel. This is the ultimate wallet that most Canadians should have who travel only once or twice per year and don’t want to be held back by traditional loyalty programs. We have always recommended that you should carry a Visa, a MasterCard and an American Express card in your wallet. The reason why is that there are benefits, promotions and earning potential unique to each brand of credit card. We won’t go into detail here as you can read all about it in our feature on how to Maximize your Miles and Points but here we outline one card from each brand that will help you build up those most flexible travel points faster than ever. Ultimately there are various options that could be utilized for such a portfolio but we look at one card from each issuing family that won’t totally break the bank on annual fees but will provide strong travel point earning along with very strong insurance benefits…What Is a Credit Union? The Pros and Cons vs a Bank
– canadianfinanceblog.com
In recent years, there has been a lot of backlash against banks. While the backlash has been a little bigger with our neighbours down south, there have still been plenty of people here in Canada looking for a place to keep their money that isn’t associated with big banks.One of the options you have is to choose a credit union. Credit unions are different from banks, and some even think they are superior to banks. If you are looking for an alternative to banks, a credit union might be a good choice. Plus, as an added perk, many credit unions offer lower car loan and mortgage rates than you will see at banks.
What is a Credit Union?
In the early 20th century, it was hard for “regular” working folks to get access to banks. Many tradespeople, teachers, and others struggled to build relationships with banks. Some decided to pool their resources to some degree. Credit unions are cooperative financial institutions that are owned by their members. It’s possible for you to sit on the board of your local credit union, and attend meetings and vote…
