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Ontario Bill To Protect Rewards Points Passes Second Reading

Protecting rewards Points Act

The Protecting Rewards Points Act (Consumer Protection Amendment), tabled by Ontario MPP Arthur Potts, passed its second reading on Thursday, October 27th. In a seeming reaction to the Air Miles decision to automatically expire Collector points after 5 years, Bill 47 proposes to amend Ontario’s Consumer Protection Act of 2002, so that companies can no longer expire consumer rewards points. The ... Read More »

FIDO MasterCard Credit Card Review

FIDO MasterCard Credit Card

FIDO customers are some of the most loyal mobile customers in the country. With the FIDO MasterCard, FIDO just gave them another reason to fall in love all over again. In fact, there’s a very good reason every Canadian should have it – even if you’re not a customer. To start, the FIDO credit card has no annual fee – EVER, ... Read More »

Scotiabank Makes Changes To Credit Card Rewards and Insurance Programs

Changes to Scotia Rewards Program

Scotiabank is making several changes to its Scotia Rewards, credit card and credit card insurance programs. Most of the changes to the Scotia Rewards program will take effect November 7th, 2016, while the changes to its creditor insurance program will take effect December 12, 2016. Most of the changes seem to be improvements, although we did identify one incremental cost. Changes to ... Read More »

The Best Credit Cards in Canada For 2016

Best Credit Cards

Whether you’re looking for massive welcome bonuses, abundant rewards, generous cashback or 0% rates, GreedyRates’ round-up of Canada’s Best Credit Cards for 2016 outperform the rest. Far too many Canadians leave hundreds, if not thousands of dollars on the table, simply by using the wrong credit card. We challenge everyone to open their wallets and compare their cards to those ... Read More »

How To Pay Off Credit Cards Fast And Cost Effectively!

how to pay off credit cards

Having too much credit card debt can be stressful, suffocating and debilitating. Whether you’re in debt because you had an unexpected expense or simply lost track of your budget, we’re not here to judge. The fact is, you need a practical solution. We’re here to help. The good news is, whether your credit card debt is large or small, with ... Read More »

12 Things Credit Card Companies Do You Probably Don’t Know About

Things credit card companies do you didn't know

We all know how credit card companies deliberately write unintelligible legal mumbo jumbo a seasoned lawyer might have difficulty understanding. However, cardholders need to be wary of more than just the fine print. Without a keen understanding of credit card trade craft, you leave yourself exposed to some counter-intuitive fees, penalties, charges, and rules that can leave your pocket a ... Read More »

8 Tips To Pay Off Credit Card Debt Quickly

credit card debt canada

Despite everyone’s best intentions, many of us end up carrying credit card debt from time to time. In fact, in aggregate, Canadians owe around $85 billion in credit card debt at any given moment. That’s not an insignificant number. If you’re carrying high interest credit card debt, don’t panic. There are plenty of options to help you get control and ... Read More »

WestJet World Elite MasterCard Top Tier Status Promotion!

WestJet Top Tier Status Promotion

From October 3rd through December 18th, 2016, WestJet is launching a top tier status promotion for WestJet World Elite MasterCard cardholders. WestJet has announced that WestJet World Elite cardholders will be able to achieve Silver or Gold Status if they spend a minimum amount on WestJet flights during the promotional period. WestJet World Elite cardholders need to spend $1,000 on ... Read More »

Avoid hidden currency exchange rate fees and save big

Best Currency Exchange Rate

Going abroad? Shopping on U.S. websites? Between commissions, fees, and surcharges, ever felt like you were getting the short end of the stick when exchanging your Canadian dollars? Chances are you were. Most banks charge up to 3% in fees over and above the prevailing currency exchange rate. We found a simple, and convenient, bank beating strategy to reduce your ... Read More »