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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The best rewards credit cards in Canada for 2024 + MORE Feb 1st
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The best rewards credit cards in Canada for 2024
Rewards credit cards help you earn cash back or points, which can be redeemed toward groceries, travel, merchandise, gift cards and more.
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RWRDS Daily Update – June 12, 2024: Save up to 40% when you buy WestJet dollars & the partnership between Marriott and Korean Air is ending + MORE Jun 12th
Save up to 40% when you buy WestJet dollars, Marriott Bonvoy Korean Air partnership is being discontinued and Amex Offers statement credit for Circle K My Carwash App. Check out today's points & miles updates here:
The post RWRDS Daily Update – June 12, 2024: Save up to 40% when you buy WestJ.... More »
RWRDS Daily Update – January 25, 2024 Jan 25th
Use your airline or hotel status to receive a free status match with Red by Dufry and AIR MILES Carousel of Dreams contest is now live. Check out today's points & miles updates here:
The post RWRDS Daily Update – January 25, 2024 appeared first on Rewards Canada..... More »
Air Canada Aeroplan member-exclusive Black Friday Deals + MORE Nov 15th
Air Canada has launched their highly anticipated annual Black Friday Event with a flurry of offers! Whether it’s flights, hotels, car rentals, online shopping, you name it, there are points earning bonuses, redemption rebates and partner offers to be had. We have a sneak peek of the offers bel.... More »
The Best Travel Credit Card Welcome Bonus Offers for August 2024 Aug 5th
Here are the Best Travel Credit Card Sign Up offers for the month of August 2024. This is not an overall ‘best’ credit card list like our recently released Top Travel Rewards Credit Card rankings for 2024 but instead a look at cards that have the most valuable welcome bonus sign up off.... More »
RWRDS Daily Update – November 28, 2023
– RewardsCanada.ca
Air Transat and Porter Airlines are forming a Joint Venture Alliance & New Amex Offers statement credit for Profile Wine Group. Check out today’s points and miles updates here:
The post RWRDS Daily Update – November 28, 2023 appeared first on Rewards Canada.
The post RWRDS Daily Update – November 28, 2023 appeared first on Rewards Canada.
Your FHSA timeline: What to invest in and when
– moneysense.ca
Before you make an offer to buy your first home, you’ll have to determine your budget and save up enough money for a down payment (typically about 20% of the home’s value). That’s probably going to be a good chunk of change—Canada’s housing market is expensive, and if you put down less than 20%, you’ll be obligated to buy mortgage default insurance.
Fortunately, there are a number of ways to save for a down payment on your first home, including the first home savings account (FHSA). This registered account was introduced in April 2023 to help first-time home buyers in Canada. And it can be used in conjunction with other government programs including the Home Buyers’ Plan, First Time Home Buyer Incentive and Home Buyers’ Tax Credit. The FHSA has an annual contribution limit of $8,000, up to a lifetime maximum of $40,000, and the account can stay open for 15 years. Cash and investments held inside an FHSA can grow tax-free, and there’s no tax on FHSA qualified withdrawals…
