All about Canadian credit cards. Learn the ins and outs and get the latest news.
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3 affordable South American destinations to stretch your travel dollar Jul 19th
With some Canadians skipping the United States in favour of destinations further afield, countries like Peru, Bolivia, and Argentina are attracting more attention. Bolivia is the cheapest of the three, although travellers from Canada will find all of them relatively affordable.
5 ways to stay on .... 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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MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Chexy co-founder Liza Akhvledziani on investing, debt, and why you should always negotiate Jul 17th
When Liza Akhvledziani moved to Canada as an international student, she quickly realized that money worked differently here. From building a credit history to understanding how debt could affect her financial future, she had to learn a new set of rules while rebuilding her financial life from scratc.... More »
How international students can build credit in Canada Jul 16th
Moving to Canada as an international student comes with a long financial to-do list, and building credit is one of the most important items on it. Your credit history from home typically doesn’t transfer, which means you may need to start from scratch when applying for a credit card, phone plan, a.... More »
Woman in her 30s killed in hit-and-run near Mississauga's Credit Valley Hospital Jul 5th
Police say that the suspect fled eastbound on Eglinton Avenue from Erin Mills Parkway in a sedan..... More »
One of the biggest fears consumers have is losing a credit card, but a lost card is usually detected quickly and the account frozen. A bigger danger may lie in using your credit card to make payments online—especially if you are unfamiliar with the vendor or using a public Wi-Fi network that can be hacked. In those situations, your credit card information could be intercepted or stolen without you realizing it.
Fortunately, there are simple tools that can enhance the security around credit card use. Known as virtual or digital credit cards, they help shield your actual card number and reduce the risk of fraud if your payment information is compromised.
What are digital or virtual credit cards?
Virtual and digital credit cards are unique 16-digit payment numbers tied to your primary credit account, but they exist solely in electronic format. They allow you to shop online or over the phone without exposing the number and other details attached to your physical card.
Virtual credit cards
Virtual credit cards are essentially temporary or disposable card numbers generated specifically for online shopping and subscription services…
