All about Canadian credit cards. Learn the ins and outs and get the latest news.
Latest News
Canada’s best credit cards for online shopping + MORE Jun 1st
In Canada, online shopping accounts for purchases in the billions annually, and it’s easy to see why. Instead of pounding the pavement, braving fitting rooms or standing in lines, online shoppers make their purchases with a few clicks and taps. Plus, who doesn’t like getting mail?
When it comes .... More »
The Rewards Canada Weekly Wind Up for October 10 to 16, 2020 Oct 18th
Here is the weekly wind up of all the blog posts from the past week here on Rewards Canada:Amazing award night redemption opportunity at the new Radisson Blu Hotel Toronto (Book by October 25) Earlier this week we let you know that the first Radisson Blu Hotel in Canada opened up its….... More »
The Fairfield Inn & Suites Orillia is now open and offering 5,000 bonus points per stay + MORE Apr 2nd
Back in February we started off our 2021 series of looking at new hotels opening in Canada with what Marriott has planned and one of those nine hotels slated for this year has opened early! The Fairfield Inn & Suites Orillia was originally set to open on April 8 but it appears to have actually o.... More »
Researchers find neurons are capable of cooling down inflammation in fat tissue - Medical Xpress + MORE Jun 29th
Researchers find neurons are capable of cooling down inflammation in fat tissue Medical XpressMcMaster study uncovers potential hormonal link to weight loss CHCH NewsProtein revs up metabolism to help mice lose weight while keeping muscle intact FierceBiotechGDF15 pr.... More »
Are rent loans the answer to rising rent costs? + MORE Sep 26th
If you have the money saved for the first-and-last-month deposit, you can use that towards rent. But if you don’t, and need to move quickly, what can you do? There are the traditional methods of borrowing from friends, family or various financial products like credit cards or a line of credit. But.... More »
Aeroplan has extended their generous cancellation policy to August 31. You can book your award flights and if you need to cancel you’ll receive a full refund of the miles and taxes and fees paid without any fees. This extension is great seeing that there will be an onslaught of bookings thanks to the 50% back sale Aeroplan launched yesterday! This means you can go ahead and book as many flights as you like proactively and have the peace of mind you can cancel them. Learn more about Aeroplan’s cancellation policy here.Continuing on with Aeroplan they also supplied us with an infographic detailing the success of their Travel at Home campaign. Can you believe that over 5.5 billion miles were earned during that short time span? This is setting fear in some that it will really push a devaluation of the program when it relaunches in Q4. Only time will tell if that will be the case and seeing that more of the popular redemption options will be moving toward their market fare style rewards we may definitely see this happen…AIR MILES Bonus Boom is now live – earn bonus miles with participating partners until July 1
– RewardsCanada.ca
The latest AIR MILES Bonus Boom event kicked off today with a whole bunch of bonus miles offers for various AIR MILES partners. Most of the bonuses are available between June 18 and July 1 although several like the AIR MILES Hotels have already been in market and will continue to be in market past the main promotional period. This version also has an nice extra bonus of 95 miles when you use three different Bonus Boom offers.There is the potential to earn over 1,000 bonus miles with all the offers but in reality most collectors will be earning 50 to several hundred miles. It really depends on what shopping you need to get done – for example if you do need something like a Samsung phone you can earn up to 500 bonus miles just with them. While AIR MILES Mastercard holders can earn 75 to 125 bonus miles when they meet minimum spend requirements at AIR MILES partners. And the most important one – there are some good grocery store offers with places like Foodland, Safeway, Sobeys and so on…Your complete guide to TD credit card accelerator offers
– RewardsCanada.ca
If you are a TD credit card holder, chances are you saw an email come through in May letting you know that your card will receive a boost in earning in response to the current situation.We had learned sometime ago about this offer being available on the TD Aeroplan cards thanks to one of our readers and detailed it in a post in May.Turns out this good will gesture from TD isn’t limited to their Aeroplan cards – it is in fact available on all of their reward credit cards. We have now been able to compile all the offerings and present them to you here:If you already have a TD Credit card, this offer has already been applied to your card!Note: all of these offers end August 15, 2020TD First Class Travel Visa Infinite CardTD Rewards Visa2X the points when you order food and grocery deliveries from:Cartly, Chanmao Inc., Chefs Plate, Cook it, Cornershop, CultivatR, DoorDash, GOcery, GoJava, Goodfood, Grocery Gateway, HelloFresh, INABUGGY, Instacart, Just Eat, metro…
A frequent question we hear at MoneySense is: Which is better—Visa or Mastercard? When looking for a credit card, there are all sorts of things to consider. What is the interest rate? Can you collect rewards points or get cash back for making purchases? Is there a bonus for signing up, and what are the perks and benefits included? Believe it or not, the answer to these questions is likely not going to depend on whether you go with a Visa or Mastercard. In this article, we’ll lay out the facts and show you why the badge on your plastic probably doesn’t matter.
Mastercard vs. Visa: Overview
1. Visa and Mastercard don’t issue their own credit cards
It might seem counterintuitive, but neither Visa nor Mastercard directly distribute credit cards. Both of these companies are processing networks that partner with card issuers like banks, credit unions, or other financial institutions to get their cards to the public. And it’s the actual card issuer, not the processing network, that sets most of the terms like interest rates, rewards and annual fees…
