Intro to Credit Card Travel Insurance

Posted June 11, 2019 by cccadmin in

When it comes to insurance, most of us have coverage for our homes, cars, and other “valuables”. We recognize the importance of protecting ourselves and loved ones in case something was to happen. Many of us have travel insurance on our credit cards, too. While having travel insurance is great, understanding what’s covered and what isn’t covered is just as important.

Let’s take a closer look at travel insurance and the ins and outs of it.

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When Your Airline Goes Bust: Protecting Yourself with Your Credit Card

Posted June 10, 2019 by CCC Staff in

If you’re like most Canadians, you’ve got some fun travel plans lined up for summertime. But travelling can be pricey, especially when you’re a family of four or more. (And don’t get me started on the high domestic flight prices in Canada.) This has led many Canadians to choosing discount airlines. But what happens when the airline you booked your ticket with goes bankrupt?

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Pre-Paid Card Class Action Lawsuit

Posted May 9, 2019 by cccadmin in

Pre-paid cards are pretty popular these days. If you’re like most Canadians, you’ve probably received one as a gift. While pre-paid cards can be a nice stocking stuffer around the holidays or a gift for your adult child who is going away to university, they aren’t without their controversy. Pre-paid cards often come with their fair share of fees that can eat away at the balance. The fees have led to a class action lawsuit being filed in B.C.

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The Elaborate Gift Card Credit Card Scam

Posted May 2, 2019 by cccadmin in

The scammers are at it again. It’s an ongoing game of cat and mouse between the authorities and scammers. Once the authorities catch on to a scam, the scammers change their strategy. It’s important for credit cardholders to protect themselves, as scams are always evolving.

The latest such scam occurred to a woman in Calgary. When she received a phone call one day out of the blue, she thought she was helping Mastercard track down the thieves who supposedly stole her credit card, when she in fact she ended up helping out the scammers.

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Making the Most of Your Credit Card When Buying a Home

Posted April 19, 2019 by cccadmin in

It’s the spring real estate market and you’re thinking about buying a home. Congratulations! Buying a home is a wise financial decision for most, and a great way to build your net worth in the long run.

When it comes to buying a home, your credit card is probably the last thing on your mind, so it may surprise you to hear that it can be a worthy ally on your venture into homeownership. Of course, it’s only when you use your credit card correctly. If you abuse your credit card, it could derail your mortgage application, but if you use it in a smart way, it can actually make your journey to being a homeowner easier.

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Is the New Apple Credit Card a Game Changer?

Posted April 2, 2019 by CCC Staff in

From the iMac to the iPod to the iPhone, Apple has a reputation for mic drop moments. At its latest product launch on March 25th, Apple announced Apple Card – a Mastercard credit card backed by Goldman Sachs. Does this have the potential to shake up the credit card industry the way Airbnb shook up the hotel industry?

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