Credit Cards

RBC has begun the transition from HSBC banking products to its own. In fact, in January 2024, RBC began sending information to customers about which RBC credit card will replace their HSBC card. Here’s what you need to know and some great alternatives to consider. RBC Credit Cards Replacing HSBC Cards In late November of […]

Prepaid cards have been in existence for a while and are getting extremely popular today. Canadians can choose from a variety of prepaid cards, including the Joker card, which works like a gift card and comes with a prepaid in-store value. To see if the Joker card is a good buy, I picked one up […]

Look out, Big 6! EQ, a charter bank, has got a brand new card. If you’re sick of hands in your pockets, it’s time to break free and get digital with Canada’s favourite online bank. The EQ Bank Card makes it easier to save more with incredible interest on deposits, and spend smarter with cash […]

Imagine a world where your wallet gets thicker each time you swipe your credit card. This isn’t just a daydream; it’s the ingenious reality of cash back credit cards. Thanks to these cards, you don’t need to figure out the value of the points you earn nor the best way to redeem them; you get […]

Owning a credit card means that you’ll likely pay high interest rates. The average interest rate on credit cards in Canada falls between 19% and 29%. This is extremely high if you don’t pay off your credit card balance in full and on time. If you ring up charge of $2,000 each month, you’ll pay […]

Prepaid cards, especially the Vanilla brand, have long been synonymous with the term “prepaid card.” Not too long ago, the market for rechargeable prepaid cards was sparse, and those with poor credit scores often had no choice but to use single-use prepaid cards for online shopping. That’s not the case anymore. However, many people still […]

If you received a Vanilla Visa card as a gift or can’t remember how much money you have on the card, it’s easy to check the balance. Here’s how. 1. Go to the Vanilla website Type Vanillaprepaid.com in your browser’s address bar. The home page of the Vanilla website displays the form you need to […]

Credit cards are an overlooked source for travel insurance, with some premium cards providing extensive coverage as an added benefit. The coverage can provide valuable protection for Canadians on the go, helping cover costs related to medical emergencies, cancellation and interruption expenses, lost and delayed baggage, and more. However, not all Canadian credit cards include […]

“There are certain things that money can’t buy; for everything else, there’s Mastercard.” This seemed like a simple choice in the ad, but with the number of Mastercard options available in Canada, deciding which Mastercard to use for everything else can be complex. Unless you have a Ph.D. in credit cards, choosing between a World […]

If you’re one of the many Canadians who enjoys shopping online or in-person at American stores, you might want to consider a USD credit card. Having such a card in your wallet can save you hundreds of dollars per year in foreign transaction fees. Credit cards with no foreign transaction fees can also be an […]

Do you often find yourself unable to pay off your entire credit card balance at the end of the month? If that’s the case, you should consider getting a low-interest credit card. Indeed, credit cards with reduced interest rates typically offer an interest rate lower than 14.90%, whereas standard credit cards usually have rates of […]

KOHO is one of the Canadian financial technology companies changing the way people access banking services. The number of users of such online solutions is growing every year. I’ve had a KOHO account for over a year, and I share its strengths and weaknesses in this article. KOHO account: How it works KOHO offers many […]