Pre-Paid Card Class Action Lawsuit

Posted May 9, 2019 by cccadmin in

Pre-paid cards are pretty popular these days. If you’re like most Canadians, you’ve probably received one as a gift. While pre-paid cards can be a nice stocking stuffer around the holidays or a gift for your adult child who is going away to university, they aren’t without their controversy. Pre-paid cards often come with their fair share of fees that can eat away at the balance. The fees have led to a class action lawsuit being filed in B.C.

Continue Reading »

The Elaborate Gift Card Credit Card Scam

Posted May 2, 2019 by cccadmin in

The scammers are at it again. It’s an ongoing game of cat and mouse between the authorities and scammers. Once the authorities catch on to a scam, the scammers change their strategy. It’s important for credit cardholders to protect themselves, as scams are always evolving.

The latest such scam occurred to a woman in Calgary. When she received a phone call one day out of the blue, she thought she was helping Mastercard track down the thieves who supposedly stole her credit card, when she in fact she ended up helping out the scammers.

Continue Reading »

Making the Most of Your Credit Card When Buying a Home

Posted April 19, 2019 by cccadmin in

It’s the spring real estate market and you’re thinking about buying a home. Congratulations! Buying a home is a wise financial decision for most, and a great way to build your net worth in the long run.

When it comes to buying a home, your credit card is probably the last thing on your mind, so it may surprise you to hear that it can be a worthy ally on your venture into homeownership. Of course, it’s only when you use your credit card correctly. If you abuse your credit card, it could derail your mortgage application, but if you use it in a smart way, it can actually make your journey to being a homeowner easier.

Continue Reading »

Is the New Apple Credit Card a Game Changer?

Posted April 2, 2019 by CCC Staff in

From the iMac to the iPod to the iPhone, Apple has a reputation for mic drop moments. At its latest product launch on March 25th, Apple announced Apple Card – a Mastercard credit card backed by Goldman Sachs. Does this have the potential to shake up the credit card industry the way Airbnb shook up the hotel industry?

Continue Reading »

How to Use Your Credit Card to Grow Your Side Hustle

Posted March 20, 2019 by CCC Staff in

Having a side hustle is a growing trend, and can be a great way to make extra money outside your full-time job. And with a lot of work and a little luck, your side hustle can become a big business. But even a little extra money can help you pursue passions like travelling or achieve financial goals sooner like buying a home.

Continue Reading »

Aeroplan Update: Aimia Approves Sale to Air Canada Consortium

Posted February 17, 2019 by cccadmin in

Credit: Nicky Boogaard

If you’re a member of Air Canada’s loyalty program, it’s been an interesting year to say the least. Over the last decade, Aeroplan has been run as a separate business. Last year Air Canada made the decision that it wanted to operate and monetize its own loyalty program, so it announced the split up with Aimia, the parent company of Aeroplan.

Continue Reading »