Do you like to hoard your credit card reward points? You’re not alone. Canadians love earning credit card reward points, but we don’t love to spend them. This sentiment is backed up by a survey by PC Financial Mastercard that shows that cardholders are holding onto an average of $832 in loyalty points. In fact, 3 in 10 said that earning loyalty points is more rewarding than actually redeeming them. What!?
Do you have a friend with the same credit card? Have you ever compared the interest rate you’re both paying on it? It’s not unheard of for you to both be paying different interest rates on your credit card. In this article we’re going to look at how credit card interest rates are determined, what is a good credit card interest rate, and when credit card interest rates matter and don’t.
The Apple credit card isn’t even out in Canada yet and it’s already generated plenty of buzz north of the border. While there’s a lot of excitement around the Apple Card, not all the hype surrounding it is positive. The Apple Card just launched in the U.S. and already our American friends are pointing out some potential issues.
If you’re a credit card holder in Quebec, there are some important changes coming your way you’ll want to be aware of. The minimum payment on credit cards is increasing. Even if you’re someone who doesn’t just pay the minimum payment, you’ll want to understand the changes. Here’s what you need to know.
When it comes to insurance, most of us have coverage for our homes, cars, and other “valuables”. We recognize the importance of protecting ourselves and loved ones in case something was to happen. Many of us have travel insurance on our credit cards, too. While having travel insurance is great, understanding what’s covered and what isn’t covered is just as important.
Let’s take a closer look at travel insurance and the ins and outs of it.
If you’re like most Canadians, you’ve got some fun travel plans lined up for summertime. But travelling can be pricey, especially when you’re a family of four or more. (And don’t get me started on the high domestic flight prices in Canada.) This has led many Canadians to choosing discount airlines. But what happens when the airline you booked your ticket with goes bankrupt?
