Low interest cards

HSBC +Rewards Mastercard Review

HSBC +Rewards™ Mastercard®

When it comes to the low interest credit cards, you rarely get any rewards. This isn’t a big deal since most people get a low interest credit card to help reduce their debt, but there’s no denying that getting a few extra perks would be a nice bonus. That’s where the HSBC +Rewards Mastercard comes…

Read More
MBNA True Line Mastercard review

MBNA True Line Mastercard Review

If you’re currently carrying a balance on your credit card, forget about the best travel credit cards in Canada. Instead, you should apply for a low interest, balance transfer credit card. As the name implies, these credit cards allow you to transfer over an existing balance from your other credit cards. By doing this, you…

Read More
scotiabank value visa review

Scotiabank Value Visa Review

The Scotiabank Value Visa is a low interest, balance transfer credit card that is clearly aimed at people who are looking to reduce their debt or lower the amount they pay in interest. Similar to other cards, there’s a low promotional interest rate for six months before the standard interest rate kicks in. Since this…

Read More
BMO Preferred Rate Mastercard Review

BMO Preferred Rate Mastercard Review

Low interest credit cards aren’t as sexy as travel or cash back credit cards, but they’re clearly the best choice for people who have debt. Why would you pay 19.99%+ interest to earn rewards or cash back when you can save much more immediately by getting a low interest credit card? It makes no sense…

Read More

15 Ways for How to Get Out of Debt

According to Statistics Canada, the Canadian household-debt-to-income ratio was an astonishing 176.9 per cent in Q1 of 2020. That means on average, Canadian households owe $1.77 or every dollar they bring in. That’s an increase from 175.6 per cent which was previously reported in Q4 of 2019. Clearly a global pandemic has wrecked our finances.…

Read More

The Best Credit Cards in Canada for 2020

Picking the best credit cards in Canada depends on what you’re looking for. Some people may want travel rewards while others prefer cash back. You can even break things down further by looking for a hotel credit card or one without an annual fee. Once you’ve decided which credit card is best for you, consider…

Read More

The Best BMO Credit Cards

Arguing over the best BMO credit cards is a bit unnecessary when you think about it. Every Bank of Montreal credit card is different and what may be the best BMO credit card for you may not necessarily be the best for someone else. The key thing to understand is that you should be picking…

Read More
How credit card interest works

How Credit Card Interest Works

Credit cards are essential for many Canadians. However, if you’re not responsible with your spending, you could easily go into debt. Credit cards act like an interest free loan which is great, but once your bill arrives, you need to pay it on time and in full or you could end up paying 20%+ interest.…

Read More

The Best Scotiabank Credit Cards in Canada

**This post contains affiliate links Have you ever wondered what the best Scotiabank credit cards in Canada are? Well, it really depends on how often you travel, the type of rewards you like to earn, and how much you spend each month. What’s nice about Scotiabank credit cards is that you have a lot of…

Read More
American Express Essential Credit Card review

American Express Essential Credit Card Review

Quite often on my site, I focus on the best travel credit cards in Canada, but if you’re constantly carrying a balance on your credit cards, it doesn’t make any sense to use a credit card that charges you 19.99%+ interest. Fortunately, there are low interest, balance transfer credit cards available that can help you…

Read More