Category: Credit Card Tips

Why You Should Read Your Cardholder Agreement

Posted May 1, 2018 by cccadmin in

If you’re like most Canadians these days, you’ll choose your credit card mainly based on the perks offered. It’s easy to fall in love with credit cards with big sign-up bonuses, reward points, and cash back multipliers. You may know all the benefits the card offers, but you probably don’t know everything about the credit card’s terms and conditions. While you might have skipped the information boxes when you applied, you’ll receive a cardholder agreement upon approval.

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The Visa & Mastercard Updater Program

Posted March 17, 2018 by CCC Staff in

Many of us have recurring transactions on our credit cards. It’s convenient, simple and easy. Your credit card is automatically charged without having to go through the hassle of providing your credit card details each and every month. Most people live busy lives, so it can be a real time saver. Your gym membership, home insurance and satellite radio subscriptions are all automatically charged on your credit card like clockwork. But sometimes automatic updating can end up costing you money.

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3 Credit Card Trends to Watch for 2018

Posted January 6, 2018 by cccadmin in

With 2017 all wrapped up, we thought it would be a great time to look at our crystal ball and predict credit card trends for 2018. 2017 sure was an eventful year for credit cards. We saw the shutdown of PC Financial, the merger of Shoppers Optimum and PC Mastercard, and Air Canada and Aeroplan parting ways to name a few. Let’s look at some interesting trends to watch for 2018 and how you as a cardholder can make the most of them.

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Why your credit application may be denied – even with a good credit score

Posted December 5, 2017 by cccadmin in

Do you have a good credit score? Give yourself a well-deserved round of applause. Credit scores typically range from 300 to 900. If your credit score is 670 or above, it’s considered good. If it’s 750 or above, it’s considered excellent. You must be doing something right. (Paying your bills on time and keeping your credit card balances low certainly help.)

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Why Do Credit Cards Expire?

Posted October 13, 2017 by Craig Jenkins in

Card Expiration

Have you ever wondered why your credit card expires? I recently had this happen to me. My MBNA Smart Cash Mastercard was nearing its expiry date. I was wondering when the new credit card would arrive. Thankfully it arrived about a month before it expired.

That begs the question: is an expiry date on credit cards even necessary? Let’s look at why expiry dates exist and what they’re used for.

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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.

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