Will my minimum payment decrease if I pay down card debt? Nov 25th

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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Rate survey: Average card APR climbs to all-time high of 16.65 percent + MORE Apr 18th

April 18, 2018: The average credit card interest rate smashed another record Wednesday, climbing to an all-time high of 16.65 percent, according to the CreditCards.com Weekly Credit Card Rate Report..... More »
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RWRDS Daily Update – August 28, 2023 + MORE Aug 29th

CIBC Aventura Visa Gold Card review, New Amex Offers statement credit for Wendy's and Catch up on This week in RWRDS. Check out today's points & miles updates here: The post RWRDS Daily Update – August 28, 2023 appeared first on Rewards Canada..... More »

RWRDS Daily Update – December 29, 2023 Dec 30th

Four new confirmed American Express Cobalt Card multipliers in Edmonton, earn up to 27,500 bonus Be Well points at Rexall and last chance for the LATAM Airlines Pass elite status match. Check out today's points & miles updates here: The post RWRDS Daily Update – December 29, 2023 appeared fir.... More »
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Canada’s best Aeroplan credit cards for 2023 + MORE May 30th

Spend Best Visa credit cards in Canada for 2023 Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required. Find my perfect card* .... More »
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January 5 update: The new RWRDS logo, AIR MILES Shop adds new partners & offers 5x miles and an update to Airline & Hotel programs that you can earn miles/points in with Canada + MORE Jan 5th

 Here's your Rewards Canada Daily update! Your daily dose (or near daily dose) of loyalty program, credit card and travel news, bonuses, deals and more.  This is the first update post of 2021 and the main thing you may have noticed since the onset of the New Year is a transformati.... More »
It is wise to pay down credit card debt to reduce interest charges. Want to lower the interest you pay further? Pay more than the monthly minimum.

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