Category: Credit Card Tips

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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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.

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