Low interest cards

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.…

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HSBC +Rewards Mastercard Review

HSBC +Rewards Mastercard Review

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…

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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…

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best low interest credit cards

The Best Low Interest Credit Cards in Canada

**This post contains affiliate links The best travel credit cards in Canada can be appealing, but what if you’re constantly carrying a balance on your credit card? It makes no sense to collect rewards when you’re paying 19.99% interest, so you’re better off with a credit card that has a much lower interest rate. In…

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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.…

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The Best Balance Transfer Credit Cards in Canada

For some people, carrying a balance on one or more credit cards is an unfortunate thing that has happened to them. It may have not been something they planned on doing, but the good news is that one of the best balance transfer credit cards in Canada can quickly help them get their debt under…

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The Best Credit Cards for Bad Credit

You may have heard that having a good credit score is something you should strive for, but what does that mean? Well, our credit score is a number between 300 and 900, the higher the number, the better our credit score is. This is important since we require a high credit score if we ever…

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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…

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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…

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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…

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