Credit card use has helped fuel a push towards a cashless society. We’re not just using our credit cards for big purchases, we’re making small purchases with our credit cards, too. Credit card transactions have been increasing each year, but that could soon change. Mobile payments could soon give Chip-and-PIN credit cards transactions a run for their money.
Most people know about joint chequing accounts, but how much do you know about joint credit cards? When you’re the co-signer on a credit card with someone else – your spouse, adult child, cousin, etc. – you’re considered joint borrowers. While joint credit card accounts can make earning reward points easier, it’s important to understand the downsides.
Ever since acquiring the rights to issue Aeroplan cards, TD Bank has done an excellent job in addressing cardholder complaints. Last year we wrote about a number of significant improvements TD Bank introduced for its popular travel rewards program. Among the improvements, fixed and classic plus were introduced, making it easier to book flights, and tiers were added to its membership.
The partnership between Costco and American Express came to an end in late 2014. Starting January 1, 2015 Capital One took over as the sole issuer of Costco branded credit cards which bare the MasterCard logo. There’s still some confusion about which credit cards are accepted at Costco’s 100 Canadian warehouse locations.
Last week we looked at three mistakes to avoid when applying for a credit card. This week we thought we’d revisit the topic.
Credit cards outnumber people in Canada. There are about two credit cards for every person – and that’s a lot of credit card applications considering not all get approved. When you’re bombarded with credit card applications right, left and centre, it’s easy to make a mistake when signing up. Without further ado, here are three more mistakes to avoid when applying for a credit card.
Do you aspire to own a home? Unless you can afford to pay for your home in cash, maintaining a good credit score is key. There are many ways to improve your credit score from paying your bills in full and on time to not exceeding your credit limit on your credit card. There are also plenty of ways to a lower credit score. Let’s take a look at some of the lesser known ways to hurt your credit score.
