<-- !Begin Adoric Script -->

About GreedyRates

Here are my most recent posts

Author Archives: GreedyRates

Rogers To Launch Credit Card in 2014. What’s Behind The Decision?

1378757397304259.png

On September 6th, Rogers Communications announced that it received permission from OSFI to issue credit cards. Earlier last year Rogers registered a bank subsidiary, which at the time was largely regarded as a precursor to issuing its own credit cards. Rogers has now confirmed that it intends to start issuing credit cards as early as 2014. “Our credit card business ... Read More »

Canada’s Best Cashback Credit Cards Compared & Ranked

best cashback credit card

The best cashback credit cards are the most straightforward of the rewards cards. No blackouts, expiring points, or gimmicks – just cold, hard, cash. If you pay down your credit card balance every month, some of the best rewards credit cards available pay out in cash. Whether you have a family of four, vacation to your cottage on the weekends ... Read More »

The Top 15 Canadian Loyalty Rewards Programs

1377895941005397.jpg

It’s been a long time since 1958 when Canadian Tire first introduced Canadian Tire Money, Canada’s iconic loyalty program. Since then, retail loyalty rewards programs have become ubiquitous. Canadians are members of 8.2 loyalty programs per household, according to a recent study by Colloquy. Canadians belong to everything from air miles and visa rewards, and to retail loyalty programs. Compare ... Read More »

Capital One Mistakenly Pre-Approves Minors for Credit Cards in Quebec

1377544392435595.png

Radio announcer Paul Arcand of Montreal’s 98.5 FM, reported that Capital One Canada mailed credit card offers to minors in Quebec. In addition, it was reported that Capital One also pre-approved minors for offers of credit. Asking his listeners if any of them had received similar offers, the station received a flurry of calls confirming Capital One’s gaff.  In all ... Read More »

TD, Aimia, and CIBC Continue Portfolio Acquisition Discussions

1377524720061329.jpg

TD, Aimia, and Canadian Imperial Bank of Commerce announced this morning that they are continuing talks in connection with the possible acquisition by TD of part CIBC’s existing Aeroplan credit card portfolio. On August 12, 2013, Aimia announced that TD will become the primary credit card issuer of the Aeroplan program as of January 1, 2014. The parties have been ... Read More »

Capital One Canada Delta Sky Miles Adds Priority Boarding

1377521588186842.jpg

In a move that continues the trend of ever increasing value propositions, Capital One Canada has added Priority Boarding to its Delta Sky Miles Canadian credit card. Andrew Clarke, spokesperson for Capital One Canada, says  “on Monday, August 26, all current and future Capital One Delta SkyMiles World MasterCard customers will benefit from Priority Boarding on all Delta and Delta ... Read More »

2013 Canadian Credit Card Survey Results

1376336979946834.jpg

The results of the 2013 GreedyRates.ca Credit Card Survey are in, and they reveal some surprising facts about Canadians and their credit card preferences. Going into the survey, when we asked what credit card features are most important to Canadians when they compare credit card offers, we expected rewards to be the clear winner. To our surprise, an overwhelming majority ... Read More »

TD Wins Aeroplan Sweepstakes. Ousts CIBC.

1376316519501434.jpg

The deadline has passed and CIBC has not matched TD’s offer to retain the Aeroplan partnership. As of January 1st TD will start to issue Aeroplan credit cards. According to CIBC, instead of matching the entire offer it is trying to negotiate the retention of its relationship accounts (credit card holders it has a core banking relationship with), in return ... Read More »

RBC Expects to Win Over New Cardholders If CIBC Loses Aeroplan to TD

1375997128075397.jpg

According to Bloomberg, Royal Bank of Canada (RY) expects to gain more credit-card customers if Canadian Imperial Bank of Commerce loses its card partnership with loyalty rewards operator Aimia Inc. (AIM) toToronto-Dominion (TD) Bank. We’ve been saying this for a while at GreedyRates.ca, if the Aeroplan program changes hands, Canadian consumers will have a field day picking through offers from RBC, TD, CIBC, BMO, Scotia ... Read More »