Are you planning to travel to the U.S. this summer? If so, it’s important to plan ahead. With the Canadian dollar hovering around 80 cents, travelling to the U.S. can be a lot more costly if not done the right away. A strong USD means Canadian travellers and cross-border shoppers should look into ways to stretch their loonies. Using a US Dollar credit card is one of the easiest ways to stretch your loonie further.
Not only is June 21st Father’s Day, it also marks the official start to summer. Summer is the perfect time to get outside and enjoy the nice weather. Just because you’re on a limited budget, doesn’t mean you can’t have fun. There are plenty of fun and frugal ways to enjoy the warmest season. Don’t forget to bring along your trusty credit card to earn rewards whenever possible.
With summer right around the corner, we thought it would be the perfect time to revisit some common credit card issues that come up during travel. While your mind may be on soaking up the sun on the beaches in the Bahamas, it’s important not to let these issues creep up and potentially ruin your vacation.
Credit cards are definitely not punk rock, but that didn’t stop Virgin Money from wrapping two new credit cards with iconic Sex Pistols artwork. The UK financial services company is owned by the Virgin Group and founded by Sir Richard Branson. The unlikely pairing does make a little sense, considering it was Virgin Records that signed the Sex Pistols. Virgin Money explains the move on their website:
It’s hard to imagine we’re half way through 2015 already. Credit cards have made news headlines quite a few times, but the year started off with a surprise cut in interest rates by the Bank of Canada. Lower interchange fees and the code of conduct came into effect in April. Services like Plastiq and Rentmoola have also risen in popularity with the younger crowd. Without further ado, let’s take a closer look at the top financial news headlines of 2015.
Most of us have heard the horror stories of misusing credit cards. Exorbitant fees, sky-high interest rates, and financial ruin are all there in gruesome detail. On the other side of the coin, financial writers tout the virtues of credit cards; rewards, credit-building, and convenience.
We’re not here to sugar coat the reality of using credit cards – if credit cards are not used responsibly, bad things can and do happen!
The purpose of this 8 step credit card guide is to, well…guide you through the process of choosing, using, and managing a credit card responsibly. Through responsible use, we’re strong believers that credit cards can help improve people’s finances. This guide will help prepare you for that journey.