If I were to look inside your wallet right now, what would I find? For most of it, it would probably be your driver’s license, transit pass and a co-branded credit card or two. Co-branded credit cards are a growing trend in Canada and it’s not hard to see why. You’re rewarding for spending money at your favourite retailer. What’s not to love? Not only are they a hit with cardholders, companies love them, too. Let’s take a look at three reasons why companies love co-branded credit cards so much and what you should be aware of as a consumer.
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With 2017 all wrapped up, we thought it would be a great time to look at our crystal ball and predict credit card trends for 2018. 2017 sure was an eventful year for credit cards. We saw the shutdown of PC Financial, the merger of Shoppers Optimum and PC Mastercard, and Air Canada and Aeroplan parting ways to name a few. Let’s look at some interesting trends to watch for 2018 and how you as a cardholder can make the most of them.
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Can you believe 2017 is over? A lot happened in 2017 in the credit card space. Picking the top credit card stories was tough job, but luckily we’re up to the task! 2017 saw small businesses score a major win with Mastercard, Air Canada announce it’s parting ways with Aeroplan, and of course, the Equifax data breach that’s still unfolding as we speak.
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Unless you’ve been living under a rock, it’s hard not to hear about Bitcoin. Bitcoin is the hot topic around watercoolers these days. Is it legit? Will it hit a new record – or go bust? These are just some of the questions being asked now that Bitcoin has gone mainstream.
Bitcoin isn’t just popular at the office. It’s popular online, too. The search term “buy Bitcoin with credit card” is on the rise on Google, as everyone looks to cash in on the cryptocurrency craze.
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It’s a reward program merger of monumental proportion cardholders have been anticipating for years. Loblaw and Shoppers Drug Mart finally announced that they’re merging two of the most popular loyalty point reward programs into one.
Starting February 1, 2018, if you’re a member of PC Plus or Shoppers Optimum, you’ll be grouped into a new points program, known as PC Optimum. Under the new program, you’ll be able to earn and spend rewards at 2,500 different store locations and online.
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If you live in a major Canadian city, you should be pretty familiar with Uber. The ride-sharing company has grown exponentially in popularity over the past few years in Canada. Well now that Uber has conquered car-sharing, it has its sights set on a new market: credit cards.
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