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Canadian Credit Blog

Mar 03 2010

Blumenthal: Fed Misses Critical Deadline To Roll Back Credit Rates, Fees By KENNETH R. GOSSELIN The Hartford Courant Even as a sum of new protections for credit card users went into effect last Monday, the state attorney general disparage a ke

Mar 03 2010
update new credit card regulations allow room for maneuvering
UPDATE: New Credit Card Regulations Allow Room For Maneuvering By Meena Thiruvengadam Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)--The credit card game rules have officially changed thanks to new credit card regulations, effective Monday,

Mar 03 2010
Report: Interchange Fees Obstructs Economic Growth, Job Creation
Report: Interchange Fees Obstructs Economic Growth, Job Creation By Linda Lisanti INDIANAPOLIS -- Less than 20% of the interchange fees charged by credit card companies actually includes the cost of processing transactions, according to a rece

Feb 25 2010
Be A Smart Credit Card User
Be A Smart Credit Card User •Read the terms and conditions of your card. "The Credit Card Act is there to protect consumers," said Bruce McClary, ClearPoint Credit Counseling Solutions spokesman. "But the responsibility is still in the hands of th

Feb 25 2010
terms of the new credit cards regulations
CREDIT CARD ACT TERMS OF THE NEW CREDIT CARDS REGULATIONS 10 things that credit-card issuers can still perform with proper notice: * Alter your fixed-rate card to variable. * Increase your Annual Percentage Rate on future purchases. * Rais

Feb 25 2010
CREDIT CARD TRICKS take out cash
CREDIT CARD TRICKS By Kate Mansey 50 percent extra to take out cash Credit card companies are utilizing crafty tricks to rip off customers - as shock numbers show Britons owe £54.5 billion to our "flexible friends". A Sunday Mirror inves

Feb 23 2010
Build Good Credit Without Credit Cards
Build Good Credit Without Credit Cards When you are trying to build a good credit history, one often repeated piece of advice is to get a couple of credit cards and pay them off promptly. Credit cards are not the only way to skin the credit cat, t

Feb 23 2010
interest rate summary credit cards
Interest Rate Summary Credit Cards Here is a look at the state of credit card rates from the weekly national survey of large banks and thrifts conducted Feb. 17, 2010 by Bankrate.com Rates: 13.39% (all fixed); 13.63% (all variable) Credit c

Feb 21 2010
clouds parting over credit card troubles
Clouds Parting Over Credit Card Troubles Kelsey Swanekamp, With joblessness still hovering at 10 percent and household budget under pressure, credit card issuers and lenders are still taking profits from their loans to consumers. Developmen

Feb 21 2010
credit card chargeoffs still troubling
Credit Card Charge-Offs Still Troubling February 17, 2010 by Staff   Credit card charge-offs – or loans assumed uncollectible and written off – edged higher in January as reported by the major card issuers, although there is some positive expe

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Types of credit card categories on this site.

  • Business Credit Cards
    Business Credit Cards are good for business people who want to keep track of their expenses. It's important to keep personal expenses separate from your business expenses, and these are the cards to do it with.

    My accountant likes my business credit cards as she keeps them separate in the accounting system. This way she can easily keep track of expenses and payments.

  • Cash Back Credit Cards
    Cash back credit cards, are good because you get a cash back amount every time you make a purchase. Some people prefer rewards such as air travel, or gas rewards, and some people just prefer to get back plain old cash from their credit cards. The beauty of this is that you can purchase whatever you want, when ever you want with your cash savings!

  • Balance Transfer Credit Cards
    Balance Transfer Credit Cards are handy for when you want to consolidate some of your payments in to one.. It's as simple as transferring a balance from your other credit cards to your balance transfer credit cards.

    Another benefit is that many balance transfer credit cards have a low interest start up period which gives you a good amount of cash savings on your regular 19.99+% credit card interest rates.

  • Rewards Credit Cards
    As with cash back credit cards, it's nice to have rewards of all kinds by using your credit card, which you would use anyways. Might as well get some extra benefits from these credit cards.

    Some rewards include:


  • Student Credit Cards
    Student Credit Cards are have the following benefits:
    Note that these benefits are available on different cards.
    • 0% Introductory APR on all purchases and balance transfers for up to 6 months
    • Build Your Credit History
    • Easiest Online Account Management Options
    • DOUBLE your Cashback Bonus?
    • Full 5% Cashback Bonus?
    • No Annual Fee


  • Low Interest Credit Cards
    The main benefit of Low interest credit cards are that they save you money on interest when you carry balances.
    Some of the Best interest rates are as follows:
    • 2.99% Fixed APR for LIFE on balances transferred within 3 months
    • 0% APR* for up to 12 months
    • No Annual Fee
    • 7.99% Fixed APR for 6 Months on purchases and balance transfers


  • Airline Credit Cards
    • Earn up to 10,000 Bonus Miles* with the WorldPerks? Visa? Card!
    • 1 mile for every dollar in purchases
    • Redeem miles for flights, hotel stays, car rentals, cruises and other travel related items
    • Choose from over 250 airlines without restrictions


  • Prepaid Cards
  • Bad Credit Cards
  • Auto Credit Cards
  • Gas Credit Cards
  • Instant Approval Cards
  • Annual Fee Cards
    Annual Fee cards are those that charge an annual fee to their customers.

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