3 Credit Card Alerts That Can Make Your Life A Lot Easier

Posted September 21, 2017 by cccadmin in

Do you find yourself using cash less frequently these days? You’re not alone. As we move increasingly closer to a cashless society, it’s important to be aware of the upsides and downsides of using physical money less often. Some of the positives of using your credit card over cash include better consumer protection, rewards and ease of tracking your spending.

Continue Reading »

Are Debit Card Rewards Worth Considering?

Posted September 20, 2017 by cccadmin in

Do you prefer using your debit card over your credit card in certain instances? You’re not alone. When you’re at the supermarket, it can be convenient to use your debit card and request cashback at no extra charge. It’s a lot easier than going to the ABM to get cash.

Continue Reading »

The U.K. to Ban Credit Card Surcharges

Posted September 20, 2017 by cccadmin in

When it comes to credit card interchange fees, Canada and the U.K. seem to be heading in opposite directions. An important ruling recently gave Canadian businesses the power to start imposing a surcharge when customers pay by credit card. This practice was previously banned. Over in the U.K., it’s a different story.

Continue Reading »

Equifax Data Breach: What Canadians Need to Know

Posted September 12, 2017 by cccadmin in

There has been a major data breach with Equifax that could affect up to 26 million Canadians with credit scores. The credit reporting agency revealed the data hack last week – despite knowing about it for six weeks. This is leaving a lot of Canadians nervous about the safety and security of their personal information and rightfully so.

Continue Reading »

What the PC Financial Shutdown Means for Credit Cards Holders

Posted September 11, 2017 by cccadmin in

After a 19 year partnership, CIBC and Loblaw are shutting down PC Financial. CIBC announced earlier this month that they were ending their relationship with the grocery giant. But this doesn’t mean it’s the end of no-free banking in Canada. Au contraire. Starting November 1st, two million PC Financial bank accounts will be rebranded as Simplii Financial. Although very little is known about the new brand, CIBC has assured customers it will continue to offer no-fee banking.

Continue Reading »

3 Ways to Make the Most of Your Credit Card for Back to School Spending

Posted August 31, 2017 by CCC Staff in

Can you believe school is back in session? It seems like summer flew by in the blink of an eye!

Back to school isn’t getting any cheaper for parents. In fact, quite the opposite. Here’s a fact that may surprise you: Canadian families spend on average more on back to school than during the holidays. This is backed by a recent survey by online deals website RetailMeNot.ca. Canadians families expect to spend $883 on back to school supplies in 2017, more than $325 more than during the holidays last year.

Continue Reading »