How to go about securing the best policy for your insurance in Canada.
Latest News
The best travel insurance credit cards in Canada for 2024 Nov 16th
If you’re one of the nearly 80% of Canadians planning a trip outside your province or territory this year, you’re going to want to use a travel credit card with solid insurance.
Top 3 cards for travel insurance
featured .... More »
Your ID was stolen, here’s what to expect + MORE Jan 7th
Your identity was stolen—what does that mean, and how might it impact you in the future? It’s a frustrating situation to be in, and you may have concerns about protecting your credit rating and preventing scammers from using your identity to commit fraud.
Unfortunately, identity theft is on t.... More »
Preparing taxes for someone who died Feb 9th
When you are managing the tax affairs of someone who has died, there are important steps to take to notify the Canada Revenue Agency (CRA), represent the deceased taxpayer, and finalize their tax filings.
Contacting the CRA
You should contact the government as soon as possible. This incl.... More »
What to know about credit card travel insurance as an Air Canada strike looms Aug 16th
After carefully planning a summer vacation, the last thing on your mind should be finding alternate transportation. But some travellers could be left scrambling as the clock ticks down to a possible work stoppage at Air Canada. The airline says it will gradually suspend its flights starting Thursday.... More »
Do you need long-term care insurance? Aug 12th
No offence to any of us but, as a country, we’re getting old. The average age of a Canadian in 2024 was 41.6 years, according to Statistics Canada, and by 2030, one in four Canadians will be 65 or older.
That means there’s a growing demand for health services and long-term car.... More »
The best credit cards for seniors in Canada in 2024
– moneysense.ca
What are the best credit cards for seniors in Canada? That was a question we recently received from a reader, and while credit cards are more about an individual’s unique spending habits and the benefits they find most useful in a credit card than age, we still thought we could help. With this in mind, we’ve selected a list of cards, both fee and no-fee, that offer perks like travel insurance and benefits ranging from cash back and other rewards. Whatever kind of card you’re looking for, you can find the details of our best credit cards for seniors here.
Best no-fee card for seniors
At a glance: Earning cash rewards shouldn’t be complicated. We’ve selected the SimplyCash Card from American Express as one of the best credit cards for seniors because of the simplicity of the earn program, the above-average base rate and the ability to accelerate earnings—all for no annual fee.
featuredAmex SimplyCash go to site
Annual fee: $0
Rewards: 1.25% – 2% cash back
2% cash back on gas and groceries
1…
