They say the best things in life are free. They couldn’t have been more right! If you’re on the lookout for a new credit card, this is a deal you simply cannot pass up! CreditCardsCanada.ca is giving away free $50 gift cards on approval of select credit cards. What’s the catch? There is no catch! Once your credit card application is approved you’ll receive your gift card code via email.
Those with debt tied to prime rate can breathe a sigh of relief. The Bank of Canada has decided to once again stand pat on interest rates. This marks four years, the longest stretch in Canadian history, since Canada’s central bank has budged on the overnight lending rate.
The National Bank World MasterCard Lounge at the Montréal–Pierre Elliott Trudeau International Airport
While big banks like CIBC, RBC and TD Bank are going after new Canadians, National Bank is looking to grow its credit card business by targeting Canada’s richest. While the average Canadian household has much of its net worth tied up in real estate, wealthy Canadians typically have substantial investible assets.
Photo by imuttoo via flickr by CC 2.0-sa (compressed)
Getting approved for a credit card can be tough, especially if you’re a newcomer to Canada. With a lack of credit history and steady employment in Canada, getting approved for a traditional credit card can be an uphill battle.
Have you ever thought about lying on your credit application? You’re not alone. 10 per cent of Canadians said it’s okay to lie by inflating their income when applying for a mortgage, according to a recent survey by credit reporting agency Equifax. Even more troubling is the fact that 9 per cent admitted to actually lying on credit card and mortgage applications.
There has been another major security breach south of the border – this time with UPS. Customers of the parcel delivery courier may have had their most sensitive personal information stolen – their credit and debit card information – by a computer virus.
