All about Canadian credit cards. Learn the ins and outs and get the latest news.
Latest News
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 a 30% discount when you buy or gift Aeroplan points + MORE Dec 2nd
Air Canada Aeroplan has another offer for buying their points out for this month. Instead of bonus points this time we see a discount on the purchase price. The discount is tiered and maxes out at 30%. If you buy points with the 30% you are buying them at 2.45 cents each. That’s a pretty [R.... More »
Starbucks Rewards Double Star Days now require activation & save 20% on WestJet flights to/from Alberta and B.C. + MORE Aug 24th
Here's your Rewards Canada update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more. If you are a Starbucks Rewards member they have made a slight change to their Double Stars Day. Previously members would earn double stars for simply making purchas.... More »
This Week in RWRDS: January 20 – 26, 2024 Jan 27th
This week we look at the return of the best ever bonus on the RBC Avion Visa cards, reveal Marriott’s new hotel openings in Canada for 2024 and more in our weekly credit card and loyalty rewards newscast! Watch This Week in RWRDS here: Listen to This Week in RWRDS here: Topics of discussion: I.... More »
Aeroplan cuts earn rates for Starbucks App reloads + MORE Sep 28th
Aeroplan has quietly changed the earn rates when you reload funds to your Starbucks account. Long time Rewards Canada reader Paul M. alerted us to this change on Twitter. The earn rates have taken a pretty big cut from when the partnership first launched about a year and a half ago. @RewardsCanada I.... More »
What Is Rental Car Insurance and Do You Need It?
– canadianfinanceblog.com
When travelling for work or vacation, you may decide that the best way to get around is by renting a car. But finding the right vehicle for your trip isn’t the only decision you’ll need to make. Another important consideration is car rental insurance. But how exactly does it work, and how much will you need? In this article, I’ll explain how rental car insurance works and help you figure out what coverage you need.
What Is Rental Car Insurance?
There are no less than four types of rental car insurance that can protect you when you rent a vehicle. You can purchase coverage directly from the rental car company, or from another provider. You may even have existing coverage through your credit card or auto insurer.
Let’s take a look at how each type of coverage works:
Loss Damage Waiver (LDW)& Collision Damage Waiver (CDW)
A Loss & Collision Damage Waiver is not an actual insurance policy. You are paying for the car rental agency to waive its right to come after you for loss or damages in the event of an accident, fire, theft etc…
What Is Rental Car Insurance?
There are no less than four types of rental car insurance that can protect you when you rent a vehicle. You can purchase coverage directly from the rental car company, or from another provider. You may even have existing coverage through your credit card or auto insurer.
Let’s take a look at how each type of coverage works:
Loss Damage Waiver (LDW)& Collision Damage Waiver (CDW)
A Loss & Collision Damage Waiver is not an actual insurance policy. You are paying for the car rental agency to waive its right to come after you for loss or damages in the event of an accident, fire, theft etc…
A trio of new offers are available as part of the Amex Offers program. Check your card accounts to see if you have been targeted for these. The offers are from Burberry (we received it on Marriott Bonvoy American Express Cards and The Platinum Card), the Chesterfield shop (not sure which cards, this is on Amex’s general shopping page) and Lululemon (we received it on the American Express Cobalt Card and The Platinum Card). You can find these and all other current offers on our Guide to American Express Canada ‘Amex Offers’ An update to follow up on our post from Friday about the new Walmart Rewards World Mastercard. Walmart Financial let us know the card will have the same welcome bonus of $25 as the base card and provided the card art as to what the card will look like. Learn more here. And a reminder! Today is the last day to get HSBC World Elite Mastercard offer of up to 60,000 points with the first year annual fee waived. Apply for the card here. Airline Schedule Updates A summary Canadian operations based on data from RoutesOnline and other sources…
