Credit cards are essential financial tools, and can build your credit while simultaneously helping stretch your dollar through rewards and money-saving perks like travel insurance and purchase protection. But when you carry a balance, interest kicks … Read More
If you’re in a financial bind and in need of some quick cash, a credit card cash advance can seem like a simple solution. Insert your credit card into the nearest ATM and gain access to … Read More
If there’s a chance you’ll carry a balance from month to month; you should look for a low interest credit card. As you can guess, low interest credit cards come equipped with annual rates well below … Read More
Every year, Ratehub.ca rounds up the best credit cards in the country to help Canadians wade through the financial weeds to find the card most suited to their spending habits and lifestyle. Like clothing, credit cards … Read More
If you’ve been carrying a credit card balance and you’re looking to reduce the amount of interest you’re paying and clear off your debt faster, a balance transfer can help in a big way. 1. What … Read More
Most of us know the basics of how credit cards work: use your credit card to earn rewards, pay off your balance in full and on time, and avoid interest charges. Simple enough, right? While there’s … Read More
Canadians are well acquainted with the concept of IOU. According to TransUnion, the average Canadian’s non-mortgage consumer debt load climbed to $29,312 in the fourth quarter of 2017, with an average credit card balance of $4,154. Consumer … Read More
Like money in a savings account, the balance on your credit card accumulates interest — except not in the good way. If you’re crippled by compounding charges because you carry a balance from month to month, you should … Read More
New year, new list. For the most up-to-date cards, check out our latest blog on the Best Low Interest Credit Cards in Canada Nobody likes paying credit card fees, but there’s one type you can’t escape: … Read More
For years, Canadians have been living with all-time low interest rates. The Bank of Canada announces changes to its benchmark interest rate eight times a year, yet hasn’t moved it from 0.5% since July 2015. Sure, … Read More