There are plenty of bank savings account options in Canada! Stay on top of the best plans right here.
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Audit-proof your side hustle + MORE Nov 29th
If you have joined the ranks of the self-employed, you’re in good company: According to Statistics Canada, 2.9 million Canadians run their own business. That’s 15% of the population, and the number is growing. Don’t forget, though, that with your new status comes a new relationship with the Ca.... More »
2020 Income Tax: What you can’t—and can—claim for your work-from-home office during the COVID-19 pandemic Dec 5th
You furnished a functional home office, you’ve got face masks ready by the door for when you need to run an errand, and you bought sanitizer (so many bottles of sanitizer). You’ve done your part to stay home and help flatten the coronavirus curve. The question now is: Can you write off working f.... More »
RESP investing for busy parents + MORE Oct 17th
Saving for university isn’t always top of mind when you’re a busy new parent, knee-deep in diapers. Add the steep cost of daycare along with the stress of trying to juggle work and toddlerhood, and setting aside funds for your child’s post-secondary education can feel like an insurmountabl.... More »
How much credit card debt does the average Canadian have? Oct 9th
As the country re-opens after COVID-related restrictions, Canadians are faced with a worrying financial picture. Many have moved, others are looking to travel, and the cost of living is ballooning with unusual rates of inflation. Meanwhile, the Bank of Canada (BoC) rate hikes designed to curb these .... More »
Are all those pandemic savings going away? It looks like it. But you’re not too late to still make smart spending decisions + MORE Jun 27th
After making a budget, go through each item and highlight what you might want to trim..... More »
The Best Credit Cards for Students in 2019
– ratesupermarket.ca
If you’re a student in college or university, you understand that every penny counts. Tuition is high, textbooks are expensive, and it’s hard to maintain healthy eating habits while living off-campus when all you can afford are those packets of Sidekicks pasta for $1.
This is where a good rewards credit card can come in handy. Not only can you earn points, merchandise or cash-back for you purchases, but you’re also given the opportunity to start building your credit. And this is important if you’re a young adult who doesn’t have any credit to your name. If used responsibly, having a credit card will start you off on the right foot so you are eligible for other types of credit in the future, like personal loans or a mortgage. And there’s a great chance you’ll need one of these things eventually.
Rewards cards generally offer different amounts of points or cash-back for particular spending categories (gas, grocery, pharmacy purchases, etc.). Whether it’s rebating you in points, a statement credit, or cash-back in your bank account, a good rewards card maximizes on your everyday purchases and ultimately helps you save, and if you’re a student, you’re likely looking for a card with little-to-no annual fee…
The Best Rewards Credit Cards for 2019
– ratesupermarket.ca
Whether it’s rebating you in points, a statement credit, or cash-back in your bank account, a good rewards card maximizes on your everyday purchases and ultimately helps you save.
To determine which card will provide you with the most in savings, you must first evaluate your spending patterns to see which card caters best to your lifestyle.
Do you have a big family and find yourself constantly at the grocery store picking up items for dinner?
Or are you living your best life at the latest Instagram-worthy brunch spots every weekend?
Do you have the travel bug and spend a lot on flights and accommodations?
Or maybe your job requires you to do a lot of driving, and you’re stuck filling up the tank multiple times per week.
Rewards cards generally offer different amounts of cash-back for particular spending categories (gas, grocery, pharmacy purchases, etc.), and cash-back usually ranges anywhere from one to five per cent (if you’re getting less than one per cent in cash-back, please do us a favour and throw that card away)…
The Best No-Fee Rewards Credit Cards For 2019
– ratesupermarket.ca
Credit card rewards come in many forms. From points to statement credits to cold-hard cash, a good rewards card maximizes on your everyday purchases and ultimately helps you save.
Reward credit cards generally offer different amounts of rebates for particular spending categories (gas, grocery, pharmacy purchases, etc.). And while there are so many options on the market, one distinctive feature between most rewards cards is whether it comes with an annual fee or not.
Cards with an annual service fee typically offer you more flexibility with a greater amount of cash-back or points for your purchases, whereas no-fee cards may offer a little less of a rebate with less opportunities to earn rewards.
That being said, there are still a number of great no-fee reward options. But how do you choose the card that will provide you with the most in savings?
To make the decision-making process easier, RateSupermarket.ca has a handy-dandy card comparison tool. And with all things considered, from sign-up bonuses to earning categories, we used our Best of Finance methodology to rank the cards that provided the most cash value…