The best credit cards for newcomers to Canada for 2024 + MORE Jan 3rd

Canadian housing mortgage rates are all over the map. Don’t get trapped in an unnecessarily costly mortgage agreement.
Latest News
 finance

CMHC reports annual rate of housing starts in June down six per cent from May + MORE Jul 17th

Canada Mortgage and Housing Corp. says the annual pace of housing starts in June fell six per cent compared with May..... More »

FSRA introduces stricter guidelines for mortgage broker licensing + MORE Jul 20th

FSRA has issued new guidelines to enhance mortgage broker licensing standards, aiming to better protect homebuyers and investors..... More »
 Canada mortgage

How to protect your identity + MORE Sep 7th

We’re all on guard to protect our hard-earned money. What you might not notice, though, is when criminals seek something else that’s really valuable: your identity.  It happens every day. People who would never dream of giving out their credit card number after receiving a random call, t.... More »
 property

Many mortgage holders have little room for higher payments: MPC + MORE Jun 26th

New consumer research finds recent buyers and newcomers are facing sharper affordability pressure, even as confidence in homeownership remains resilient..... More »
There are fewer places left where Canadians can get holistic mortgage and financial advice from a familiar member of the local community. Thanks to mortgage broker Nick L’Ecuyer, Simcoe County is one of them.

Continue Reading On canadianmortgagetrends.com »

The best credit cards for newcomers to Canada for 2024

Credit Cards

The best credit cards for newcomers to Canada for 2024
As a newcomer, you’ll want a credit card that offers you the best value without having a long Canadian credit history. Here’s a list of our favourite cash back, rewards, low-interest cards and more.

Compare now

Canada’s best credit cards for newcomers

By Keph Senett on January 1, 2024Estimated reading time: 16 minutes

In Canada, having a good credit score can help you secure a rental and get a loan or a mortgage, but it’s hard to know where to start when you don’t have a Canadian credit history or a credit card. One of the fastest ways to start building your Canadian credit score is to use a credit card responsibly, because banks and financial institutions report back to the credit bureaus that determine your score. For this reason, it’s important for newcomers to get a credit card, even without an established history…

Continue Reading On moneysense.ca »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!