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.)
Credit card issuers are constantly innovating their reward programs to attract loyal consumers. The goal is to offer exceptional service to please the most discerning customers in hopes they will continue to spend big bucks through the brand. After all, Visa and MasterCard make money on every swipe (or chip) transaction, so it pays to keep consumers spending on their cards.
In Canada, Visa’s top loyalty program is called Visa Infinite. In this post we’ll review Visa Infinite and introduce the cards participating in the program.
Happy Financial Literacy Month, everyone! Can you believe we’re celebrating the 7th annual Financial Literacy Month? This year has a unique theme: “Take charge of your finances: It pays to know!” It’s all about Canadians taking actions on their finances to better manage their money and debt. This includes creating a budget, setting up a savings plan and understanding your financial rights and responsibilities as a consumer.
Sears Canada is no more. It’s the end of another iconic retailer in Canada. The Canadian retail landscape is tough, as Target found out.
Sears Canada followed a similar death spiral as another Canadian retailer: Eaton’s. For the 65 year old franchise, the writing was on the wall for Sears Canada for a long time. Unfortunately, for its remaining 12,000 loyal employees, it means they’re without a job before the holiday season.
Have you ever considered making a major purchase on your credit card? You’re not alone. Purchasing a good or service on your credit card offer many benefits – cash flow management, consumer protection and of course, rewards.
In some industries like the travel industry, using a credit card to make your purchase is standard (you’ll have a tough time booking a flight without a credit card). But in other industries like home renovations and automobiles, you’ll have a tougher time.
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.
