Credit Cards

  Ever wondered what all those numbers on your credit card statement mean? Don’t worry, you’re not alone. In this post, we’ll break down everything you need to know about reading your credit card statement so that you can keep track of your spending and avoid any unwanted surprises. Let’s get started!   First, you’ll… Continue reading How to Read Your Credit Card Statement

Line of credit vs credit card    If you’re trying to decide between a line of credit and a credit card, it’s important to understand the difference between the two. A line of credit is essentially a loan that you can draw from as needed, up to your credit limit. A credit card, on the… Continue reading Line of credit vs credit card: What’s the difference?

How Do I Cancel My Visa Credit Card?   You have decided you want to cancel a Visa credit card account. The best reasons for this decision are you overspend and can’t seem to stop, or you have an annual fee on a credit card you are not using. Unless you are in one of… Continue reading How Do I Cancel My Visa Credit Card?

How Do I Report a Lost Visa?   When you lose your Visa, you need to report it to the company that issued your card. You just must give your credit card’s customer service line a call. Normally you’d find the customer service number on the back of your card, but since it’s lost, you’ll… Continue reading How Do I Report a Lost Visa?

What Should I Do If I Lost My Visa?   You can’t find your Visa anywhere. You were sure it was in your wallet, but it’s not there. You check at your computer desk, in your car and even call the last place you used it to see if you left it there. No luck… Continue reading What Should I Do If I Lost My Visa?

Table of Contents HSBC World Elite® Mastercard® Review   When it comes to elite travel reward credit cards, the HSBC World Elite® Mastercard®is designed with travellers with high spending habits in mind. With this creditcard, you can earn up to 6 points per $1 and enjoy perks focused on travelincluding an impressive travel insurance feature… Continue reading HSBC World Elite® Mastercard® Review 2023

Tangerine Money Back vs World Mastercard®   Finding the right credit card can prove to be a daunting task. One of the often-overlooked banks is Tangerine. It is an excellent option when looking for no-fee credit cards with two options: 1.   Tangerine Money-Back Card 2.   Tangerine World Mastercard. Here we compare the two to help you decide… Continue reading Tangerine Money Back vs World Mastercard®

5 Things to Consider When Applying for Your First Credit Card You probably just turned eighteen, want to take advantage of rewards or desire the convenience of completing online purchases. Credit cards can make a lot of day-to-day purchases simpler and optimal. Obtaining your first credit card will help you build and learn the foundations… Continue reading 5 Things to Consider When Applying for Your First Credit Card

  There is a common misconception that carrying a balance on credit cards improves your credit score. The truth is credit history improves your credit score. This can be confusing and can read contradictory, which results in credit card users holding some amount of debt. Any time you use a credit card and make payments,… Continue reading Credit Scores: Is Carrying a Balance Good or Bad?

  A credit limit increase on your credit card can give you extra financial freedom. It can improve your credit score too by decreasing your total credit utilization ratio. On the contrary, it can be intimidating to increase your credit limit if you already struggle managing your finances. When you are considering getting a credit… Continue reading How to Increase Your Credit Card Limit

  The average number of credit cards a Canadian has is 2.4 per person. This statistic suggests that most Canadians have more than two credit cards, or at least one. It would be easy to tell you the magic number of credit cards which will best serve you, but the truth is, it’s impossible to… Continue reading How Many Credit Cards Should You Have?

Are you planning on getting a credit card? Do you own a credit card already and just want to avoid debt?   Every credit card owner is at the risk of debt. Too much debt on a credit card can take years to pay off. If you are a new credit card owner, or if… Continue reading Credit Card Debt Tips

Credit Card Interest Rates Explained   A credit card is a great financial tool that comes with a lot of features and benefits. The interest rate is by far the most important component of a credit card since it has a big impact on your borrowing cost when you carry a balance. Improving your knowledge… Continue reading How Does Credit Card Interest Work in Canada?

Where can I use American Express in Canada? American Express credit cards are rated among the best credit cards in Canada in many categories and have outstanding rewards, features and benefits. They are also widely accepted across Canada. Below is a high-level list of retailers who accept American Express in Canada: Grocery Stores: Walmart , Metro, Sobeys, Whole Foods Markets ,Longo’s, Safeway, Rabba, 7-Eleven,Pusateri’s.… Continue reading Where can I use American Express in Canada?

Prepaid Credit Cards Canada In the world of personal finance, you may have heard of prepaid cards. If you haven’t, you’ve come to the right place to learn all about them! Prepaid cards come in the form of both debit and credit cards. Their primary benefit is that they can be used by individuals who… Continue reading Prepaid Credit Cards: Everything You Need to Know

  Credit cards are a useful financial tool for many Canadians. They can help you build credit, pay an unexpected or emergency expense and facilitate daily spending among many other things. In addition, credit cards are one of the most commonly used financial products. If you’re interested in getting a credit card, below is a… Continue reading Credit Cards: How to Apply and Tips for Approval

Best Scotiabank Credit Cards in Canada   As the third largest bank in Canada, the Bank of Nova Scotia—A.K.A. Scotiabank—offers an impressive roster of credit cards to suit their customers’ needs. There are currently 18 credit cards to choose from, and we’ve rounded up the best in 10 categories to help you choose the one… Continue reading The Best Scotiabank Credit Cards in 10 Categories

How to responsibly use your credit card A credit card is a great way to make purchases and track your spending, but it can also be an easy way to get into a lot of debt.  When it comes to swiping your credit card for purchases, the only time you really know you’ve spent too… Continue reading 6 Tips to Responsibly Use your Credit Card

Types of Credit Card Previously, owning a credit card was  easy: one card for one person and for all transactions. Today, you can own two or more credit cards depending on your lifestyle. With a range of fees, interest rates, and reward programs,  it’s now more important to know which credit card best suits your… Continue reading Types of Credit Cards in Canada

Are you getting the most out of your credit card? If you are using your credit card for daily expenses and are paying off your balance each month, then you might want to look into the different credit card rewards programs. What are the different types of credit card rewards? There are different rewards for… Continue reading How to compare credit card rewards program in Canada?

A balance transfer credit card could be your solution to paying off your existing debt faster. But is it the right type of credit card for you? We lay it down for you – the upside and downside of balance transfer cards – to help you decide.   What is a balance transfer credit card?… Continue reading Balance Transfer Credit Card Guide

There is a great paradox when it comes to student credit cards: One, you have to be a student to get one. Two, being a student doesn’t automatically qualify you for one. Getting a credit card for students is a real head-scratcher, but this guide can help you navigate through the basics on how to… Continue reading How to Choose a Student Credit Card?

Did you know that small businesses comprise 98.2% of all Canadian companies? With these numbers, getting appropriate funding is key for business and economic expansion. A business credit card is a good option for a start-up looking for additional funding or a small business that has plans for expansion. In addition, getting a credit card… Continue reading How to Choose a Business Credit Card?

What is a Credit Card? How Do Credit Cards Work? Issuers vs. Networks Comparing Credit Cards How to Apply for a Credit Card What is a Credit Card? When a business such as a bank lends you money it is called credit. A credit card essentially allows you to spend the bank’s money and pay… Continue reading Credit Card Basics

Credit Card Insurance Canadian credit card companies offer a variety of insurance options for cardholders. In order to take advantage of the insurance, you must use an eligible card for the booking or purchase. Look at the various options out there,  to have a better understanding of the benefits that come with credit cards. Collision… Continue reading Credit Card Insurance Guide