Scotiabank Scrambles to Fix Credit Card Statement Errors Nov 8th

Insurance policy getting you down? There are always sound insurance alternatives.
Latest News
 home insurance

BMO World Elite Mastercard review: Are the travel rewards worth the annual fee? + MORE Nov 28th

Canadians have an appetite for travel and, accordingly, the travel rewards credit card field is packed with competing cards. With an attractive insurance package and perks like airport lounge access, the BMO World Elite Mastercard seeks to tempt users into the BMO Rewards program. But here’s the b.... More »
 insurance agents

Small Business Planning For The New Year Jan 15th

With a new decade upon us it’s a good time to evaluate your business. Begin the new year with a detailed business plan in place, as well as defining your goals. Go beyond the profit and loss figures; maybe it’s time to research using new suppliers, a new marketing strategy, etc. Use the.... More »
 insurance quotes

Scotiabank Gold American Express review: How competitive are this travel card’s rewards? Dec 6th

With an outstanding earn rate, no foreign transaction fees and a better-than-average travel insurance package, the Scotiabank Gold American Express card has garnered a lot of attention from Canadian travellers and cross-border shoppers. But is Amex a strong enough brand in Canada? And is this card w.... More »
 insurance companies

Canada’s best travel credit cards 2020 + MORE Jan 3rd

With a good travel credit card in your name, going on a trip can suddenly become affordable. And, you can get even more value if you sign up for the right travel credit card—one that doesn’t just focus on points, but also has perks such as lounge access, amazing insurance coverage and the flexib.... More »
Scotiabank Scrambles to Fix Credit Card Statement Errors
On October 20, 2019, Scotiabank identified a technical error where legitimate charges on certain customers’ credit card statements were mislabeled as “BNS Scotia Life Insurance.” The mistaken charges all took place between October 18 and 20. Many customers were angry and took to social media to express their unhappiness. Scotiabank was responsive to customer complaints they received over social media.  
Make Sure to Check Your Credit Card Statements  
While Scotiabank’s mistakes are unsettling, they can serve as a learning opportunity. Always make sure to check your credit card statements against receipts of your purchases. While banks usually record transactions correctly, the Scotiabank incident shows that no bank is perfect.  
In addition to bank errors, you may find improper charges on your credit card statement if someone has gotten hold of your credit card information. In these cases, criminals may be able to use your credit card to make unauthorized purchases…

Continue Reading On »


Compare insurance quotes through - save time and money!