Category: News

RFID Wallets: Do They Really Work?

Posted January 14, 2014 by CCC Staff in ,


You may have seen those ads on TV – the ones where the suspicious-looking character with the hand-held device sneaks past the unsuspecting pedestrian. In just the blink of an eye — voila! The victim’s complete credit card information has been stolen by the sneaky, device-wielding thief.

Unfortunately, this isn’t merely a worst-case scenario dreamed up by an over-imaginative marketing department; it’s urban fact. Thanks to modern technology, a criminal can steal your identity by simply walking past you and recording your credit card information, using a hand-held electronic card reader that anyone can purchase for less than $100. This device has the capability to instantly skim information from the radio frequency identity (RFID) chip imbedded in your credit cards. Your credit card information will then be displayed on a computer that’s equipped with a magnetic strip-writing device, which can be used to counterfeit a new card.

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American Express Canada To Launch New Premium Travel Credit Card

Posted November 15, 2013 by CCC Staff in


American Express Canada, Aeroplan and AirCanada announced a new multi-year partnership that will extend the already long relationship between the three companies.

The announcement confirms Amex Canada will continue offering AeroplanPlus cards for both consumers and corporations, while Aeroplan will continue to participate in the Amex Membership Rewards Program allowing cardmembers to transfer AMEX points to Aeroplan on a 1:1 basis.

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TD Canada Trust & CIBC Cardmembers: Facts About Aeroplan Deal

Posted September 26, 2013 by CCC Staff in


Sometimes in a relationship you just want out, other times you’re willing to ‘see other people.’ The latest drama in the Credit Card Soap Opera shows CIBC is willing to let Aeroplan see other people, instead of calling it quits all together.

The Globe and Mail recently reported that TD Bank and CIBC agree to split current Aeroplan accounts and share the role of being Aeroplan providers for the next 10 years. Many Aeroplan cardmembers with TD Bank and CIBC are outraged and confused by the news, stating they have yet to hear directly from the banks about the upcoming switch. We’ve put together a quick breakdown for current confused cardholders…

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Finding Money vs. Cash Back Rewards

Posted June 4, 2013 by CCC Staff in , ,

It’s your lucky day. While walking down the street, you find a lonely bill, solemnly laying on the sidewalk, just waiting for a delightful new owner. You rescue the bill from the dangerous sidewalk, pick it up and cheerfully place it in your pocket. This unexpected gift from the money gods will definitely make up for the horrible day you’ve been having! But, then what? Do you spend your new found friend or save it for a rainy day? A recent poll by Scotiabank found that what we do next, all depends on the amount.

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