It’s your lucky day. While walking down the street, you find a lonely bill, solemnly laying on the sidewalk, just waiting for a delightful new owner. You rescue the bill from the dangerous sidewalk, pick it up and cheerfully place it in your pocket. This unexpected gift from the money gods will definitely make up for the horrible day you’ve been having! But, then what? Do you spend your new found friend or save it for a rainy day? A recent poll by Scotiabank found that what we do next, all depends on the amount.
Category Archives: News
Luxury nightclubs. $3700 bottles of whiskey. Beautiful women constantly at your side. Just another crazy night out on the town, all charged on a Platinum American Express credit card. Sounds like a high profile sports figure or a party animal celebrity enjoying the lifestyles of the rich and famous, right? Nope. Try a 16 year old teenager and his friend, all on his father’s platinum card.
Christmas is a time for food, family, traditions…oh, and don’t forget, holiday shopping. Year after year, we carry on classic holiday traditions from the past. Keeping the memories alive with traditional family side dishes, neighborhood holiday parades and the spirit of gift giving. Remembering the past is an important part of culture, but at the same time, we feel the need to add in our own modern day touches to create a more up-to-date tradition that fits our present day lives.
Adding in those modern day touches to our classic Christmas traditions is creating a trend towards a more “High-tech Holiday” as holiday shoppers, credit card companies and even good ol’ St. Nicholas are turning to mobile technology and the power of the internet this holiday season.
Savvy shoppers know that there are ways to use credit cards to their advantage. It’s possible to earn rewards, and to take advantage of cash back in a number of ways. What’s difficult, though, is deciding which credit card to use for which transaction.
The Wallaby Card promises to change all that. Instead of carrying a wallet full of credit cards and trying to decide which to use, the Wallaby Card takes the guesswork out of it. Simply connect all your credit cards to the Wallaby, and this smart card does the rest, figuring out which card to use for the transaction in question.
What if your credit card issuer sent you an apology in the form of flowers if you were dissatisfied? What if, instead of treating you like a number, you felt as though you were treated like a friend? That’s philosophy behind Argentina’s Tarjeta Naranja, a local credit card on the verge of going international.
According to Ad Age, Tarjeta Naranja is popular because it works hard to build its social network, and places emphasis on great customer service. How many Canadian and American credit card issuers can say the same thing? Not many. Here is what Ad Age has to say about Tarjeta Naranja, which was started by two gym teachers in Cordoba, Argentina:
Tarjeta Naranja expanded through the country, targeting lower-income customers who didn’t have other credit cards and spreading the company’s “orange culture” of treating everyone as a friend.
Major banks and telecommunications companies are teaming up to allow for mobile transactions. These mobile payments will make it easier for many consumers to make payments, no matter where they go. However, there are some concerns. While there hasn’t been mention of extra fees yet, the possibility is always there.