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Tangerine Card Changes Coming (and why you should read your mail)

Posted April 12, 2017 by Craig Jenkins in ,

Sad Tangerine

After another exhausting workweek, I was recently going through my mail. I’m used to receiving so many unsolicited offers from banks, so when I saw a letter from Tangerine, I assumed it was another special offer I wasn’t interested in, so I almost tossed it in the recycling without reading it. I’m glad I came to my senses and took the time to review the letter because as I soon discovered, it contained important information about changes to the Tangerine Money-Back Credit Card.

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Household Debt Hits a New Record in the 4th Quarter of 2016

Posted March 22, 2017 by cccadmin in ,

Couple Looking at Bills

Another quarter has passed with household debt hitting a fresh record. Household debt hit a new record 167.3 percent of disposable income in the fourth quarter of 2016. That’s up from 166.8 percent in the previous quarter. In simple terms, that means on average for every dollar of disposable income Canadians earn, they owe $1.67 of debt.

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Burn Your Mortgage: 8 Do’s and Don’ts for Credit Cards

Posted March 8, 2017 by Sean Cooper in ,

Burn Your Mortgage

This week’s post is a guest post by Sean Cooper. Take it away Sean…

A little over a year ago I achieved the ultimate dream of financial freedom when I paid off my 30-year mortgage in just 3 years – and I did this by the ripe old age of 30. I celebrated by burning my mortgage papers on national TV. My story went viral, making headlines around the world. I received dozens of emails both congratulating me and wanting to follow in my footsteps. This inspired to me write my new book, Burn Your Mortgage: The Simple, Powerful Path to Financial Freedom for Canadians.

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A Win for the Little Guys: Small Businesses Negotiate Lower Interchange Fees with MasterCard

Posted February 23, 2017 by cccadmin in

MasterCard Logo

Credit card interchange fees have long been a thorn in the side of small businesses. The fees may be invisible to consumers, but they certainly aren’t to small businesses. The rise in popularity of premium credit cards means small businesses are forking over even more in interchange fees these days. This spells trouble for small businesses with razor thin margins, who have no choice, but to pass along some of the fees to consumers in the form of higher prices.

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Will Air Miles Cardholders Come Back in 2017?

Posted February 17, 2017 by CCC Staff in

Air Miles Logo

2016 was a rough year for Air Miles. The company found itself in the middle of a PR nightmare when it attempted to introduce an expiry policy that would see unredeemed points older than five years start to expire beginning in 2017. The company ended up doing an about-face, cancelling the controversial policy a couple months ago, but it seems that cardholders still haven’t forgiven the travel rewards program. (It probably doesn’t help that Air Miles recently devalued some of its rewards.)

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Zero Liability… Most of the Time

Posted February 14, 2017 by CCC Staff in

Cover PIN Pad

In today’s information age, identity theft is a growing threat and causes headaches for those affected. Imagine going out to lunch with your friend only to later find out your credit card was missing. That’s what recently happened to a Toronto lady named Rose Altomare. Rose thought her lunch was only going to cost her $10, but it ended up costing her a whopping $1,600.

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