All about Canadian credit cards. Learn the ins and outs and get the latest news.
Latest News
Credit cards that help you avoid those dreaded airline fees - Updated for 2022 + MORE Jan 29th
The next long running Rewards Canada feature to get its yearly update and also be moved to the new format on our site is article on Credit cards that help you avoid those dreaded airline fees. There weren't a ton of changes to this 8+ year old feature which looks at all the ways Canadians ca.... More »
Everything You Need to Know About Scotia Rewards Apr 29th
Everyday, consumers are becoming more and more savvy about finding value when they shop, and retailers aren’t the only ones responding. Financial institutions everywhere now offer loyalty programs, to entice value-conscious consumers. In this article, I’ll give you everything you need to know ab.... More »
Fed: Revolving debt surges in June Aug 6th
Balances on credit cards grew at a 9.7 percent annual rate in June, the Federal Reserve's consumer credit report said.... More »
RBC British Airways Visa Infinite Card limited time bonus of extra Avios on purchases and lowered spend requirement for the companion voucher + MORE Sep 26th
Knowing that travel is curtailed RBC has revealed two new limited time offers/adjustments for those that hold their RBC British Airways Visa Infinite Card. Those are a boost to the earn rate on the card and a lowering of the spend requirement to earn the annual companion voucher.Extra AviosAll.... More »
Beijing drops visa requirement for Canadian tourists, business visitors to China Feb 15th
Canadians will no longer be required to get visas for 30-day stays, says China's foreign ministry..... More »
The Best Cash Back Credit Cards of 2015
– canadianfinanceblog.com
Who doesn’t like free cash? If you are looking for a way to get a little extra back at the end of each month, a good cash back card is right for you. Most cash back cards offer you a percentage of your purchases as a reward. Cash back credit cards can help you make the most of your every day purchases.This year, the biggest change is that the TrueEarnings Card from American Express has been discontinued. In its place, I’ve included two other options that you’ll find further down the page.
Look for a cash back card that is likely to provide you with maximum rewards in the spending categories you use most. These credit cards are most effective when you use them to make every day purchases, and then pay off the balance each month.
Scotiabank Momentum VISA Infinite Card – The Scotia Momentum VISA Infinite card is designed to reward you for your every day purchases. I believe it’s the best credit card available in Canada and it’s the card I use for all my regular purchases and bill payments…
Your Credit Score: The Secret to Lasting Love?
– ratesupermarket.ca
Humans have long been turning to numbers to decipher the mysteries of love, analysing birth dates, heights, and the results of MASH games in hopes of figuring out their romantic futures.
But, as it turns out, there is one number that can help predict whether or not your relationship will be successful. Though not as cute as MASH or as mystical as numerology, credit scores can forecast the longevity of romantic partnerships, according to a recent paper by the Federal Reserve Board.
The three economists behind the working paper used proprietary data about 12 million random U.S. consumers from Equifax, spanning approximately 15 years. They studied couples who are both married and who live together (for at least a year), and focused on credit score and quality at the start of committed relationships, which they qualified as when two individuals began living together.
Did you know? The cost of love in Canada tops $50,339.20?! Read on to learn more!>
By the end, there were some interesting correlations to observe between credit scores and relationships:
Couples with higher credit scores at the beginning of their relationship were less likely to split in the following years
People tend to pair up with those who have a similar credit score
Credit scores of partners tend to align, or close to it, over the years…
