Credit Cards

If you’ve been considering opening a credit card in Canada, there is no better time than now to do so. There are many no-fee cards to choose from, and credit card issuers are competing with each other to offer potential customers the best perks, deals, and rewards. This means that you may have several cards to choose from, which can be overwhelming if you’re trying to simply compare the benefits of each equally. Instead, you should focus on what is the most important perk or set of perks for your lifestyle. Many credit cards offer bonuses such as cash back, reward points, special merchandise offers, flight miles, or special interest rates.

Right now is a great time to open a new credit card – especially one that’s loaded with perks and bonuses. Thanks to new offers, there are some seriously big bonuses available that could net you free flights, hotel stays, and more if you choose the right credit card.

Carrying a credit card balance is considered one of the biggest money “no-nos” – a balance could be the slippery slope that leads to serious credit card debt. But could there be benefits to carrying a small balance?

The holiday shopping season is in full swing – and according to the National Retail Federation, the average American will spend an estimated $700 on gifts this holiday season. Many of these shoppers will use credit to pay. And the holiday gift-buying season is the perfect time of year to cash in on credit card rewards on purchases you’re already planning to make – as long as you stick to a budget.