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The Liberal government last week unveiled a "new" Canadian Mortgage Charter aimed at ensuring lenders offer relief to mortgage borrowers who are struggling to make their payments..... More »
Contribute to RRSP or pay off mortgage? + MORE Oct 14th
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We have a small mortgage, only $80,000, coming up for renewal. We have some money (approximately $25,000) that we can either put on the mortgage or invest or put into our RRSP. What is the best way to go?
—Linda
Which should Canadians prioritize: RRSP or mortgage?
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What CIBC’s break up with PC Financial means for you
– macleans.ca
(Ian Muttoo/Flickr)Loblaw Co. is quitting the banking business in a deal that will see two million President’s Choice Financial mortgage and banking accounts automatically move to a new, low-fee banking brand operated by CIBC, called Simplii Financial.
The deal is effective Nov. 1 and ends a 19-year partnership between Loblaw and CIBC, which ran PC Financial. Loblaw will maintain its PC Points program and continue to offer a MasterCard credit card aligned with PC Points. Here is what this news means for you.
MORE: How to keep from drowning in credit card debt
What happens to my PC Points?
PC Financial MasterCard products remain unchanged. President’s Choice Financial said it will continue to focus on payments and loyalty through its MasterCard and PC Plus Products.
If you move to Simplii, you will no longer automatically accumulate PC Points by using your banking services after Oct. 31. But anyone can still sign up for a PC Points account or use the app to gather points, which can be used to redeem free groceries…
What CIBC's break up with PC Financial means for you – Macleans.ca
– news.google.ca
Macleans.caWhat CIBC's break up with PC Financial means for youMacleans.caLoblaw Co. is quitting the banking business in a deal that will see two million President's Choice Financial mortgage and banking accounts automatically move to a new, low-fee banking brand operated by CIBC, called Simplii Financial. The deal is …CIBC scraps President's Choice partnership, launches Simplii brandTheRecord.comCIBC cuts ties with President's Choice, unveils own digital bankThe Globe and MailCIBC to swallow PC Financial's banking business, rebrand as SimpliiCBC.caFinancial Post -BNN -620 CKRM.com -CP24 Toronto’s Breaking Newsall 32 news articles »
What the CIBC-PC Financial break-up means for consumers
– canadianbusiness.com
Loblaw Co. is quitting the banking business in a deal that will see two million PC Financial mortgage and banking accounts automatically move to a new low-fee banking brand operated by CIBC, called Simplii Financial.
The deal is effective November 1 and ends a 19-year partnership between Loblaw and CIBC that ran PC Financial. Loblaw will maintain its PC Points program and continue to offer a MasterCard credit card aligned with PC Points. Here is what this news means for you.
.cbR{box-sizing:border-box;display:block;width:100%;margin:1em 0;border:1px solid #bbb;padding:.5em}@media (min-width:480px){.cbR{width:250px;margin:0 0 1em 1em;float:right}}CIBC CEO Victor Dodig on banking’s tech revolution
What happens to my PC Points?
PC Financial MasterCard products remain unchanged. President’s Choice Financial said it will continue to focus on payments and loyalty through its MasterCard and PC Plus Products.
If you move to Simplii, you will no longer automatically accumulate PC Points by using your banking services after October 31…
What the CIBC-PC Financial break-up means for you
– moneysense.ca
(Ian Muttoo/Flickr)Loblaw Co. is quitting the banking business in a deal that will see two million PC Financial mortgage and banking accounts automatically move to a new low-fee banking brand operated by CIBC, called Simplii Financial.
The deal is effective November 1 and ends a 19-year partnership between Loblaw and CIBC that ran PC Financial. Loblaw will maintain its PC Points program and continue to offer a MasterCard credit card aligned with PC Points. Here is what this news means for you.
What happens to my PC Points?
PC Financial MasterCard products remain unchanged. President’s Choice Financial said it will continue to focus on payments and loyalty through its MasterCard and PC Plus Products.
If you move to Simplii, you will no longer automatically accumulate PC Points by using your banking services after October 31. But anyone can still sign up for a PC Points account or use the app to gather points. Additional points can be collected with the PC Financial MasterCard. The points are redeemable for free groceries…
CIBC dropping PC Financial partnership, rebranding offering as Simplii
– canadianbusiness.com
TORONTO — CIBC is launching a new direct banking brand that will absorb some two million customer accounts currently with Loblaw-owned President’s Choice Financial.
Toronto-based CIBC (TSX:CM) has provided the back-end banking services for PC Financial for nearly 20 years but the companies said Wednesday they are going their separate ways.
The bank says its new Simplii Financial brand will provide no-fee daily banking through online, mobile and telephone channels in much the same way that that PC Financial has offered its roughly two million clients.
Loblaw’s President’s Choice Financial will continue to offer Mastercard credit card products and the PC Plus loyalty-points program.
The CEO of President’s Choice Financial says its customers are most interested in being able to make payments simply and the ability to get free groceries through points.
CIBC is promising a smooth transition for existing PC Financial clients with no changes to account numbers, mortgage terms or automatic payments and deposits…
Toronto-based CIBC (TSX:CM) has provided the back-end banking services for PC Financial for nearly 20 years but the companies said Wednesday they are going their separate ways.
The bank says its new Simplii Financial brand will provide no-fee daily banking through online, mobile and telephone channels in much the same way that that PC Financial has offered its roughly two million clients.
Loblaw’s President’s Choice Financial will continue to offer Mastercard credit card products and the PC Plus loyalty-points program.
The CEO of President’s Choice Financial says its customers are most interested in being able to make payments simply and the ability to get free groceries through points.
CIBC is promising a smooth transition for existing PC Financial clients with no changes to account numbers, mortgage terms or automatic payments and deposits…
