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	<title>RateSupermarket.ca Blog &#187; Credit cards</title>
	<link>http://www.ratesupermarket.ca/blog</link>
	<description>Latest news on Canadian mortgage rates, credit cards and insurance.</description>
	<lastBuildDate>Thu, 09 Sep 2010 01:05:06 +0000</lastBuildDate>
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		<title>New Canadian Credit Card Regulations</title>
		<description><![CDATA[The Globe and Mail did a story yesterday on the new credit card regulations coming into effect later this week and included RateSupermarket.ca in the article. The three main new credit card regulations coming into effect on September 1st, 2010 are: Card issuers have to give borrowers a minimum 21-day grace period Customer payments must [...]]]></description>
		<link>http://www.ratesupermarket.ca/blog/new-canadian-credit-card-regulations/</link>
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		<title>Canadian Credit Card Regulation Changes &#8211; Update II</title>
		<description><![CDATA[I recently posted about the recent changes to Canada&#8217;s credit card regulations and how they&#8217;ve seemed to slip under the radar despite going into effect on January 1st, 2010. I phoned the Ministry of Finance and was told to wait for a response. I finally received this on Friday in a very official looking letter, [...]]]></description>
		<link>http://www.ratesupermarket.ca/blog/canadian-credit-card-regulation-changes-update-ii/</link>
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		<title>Canadian Credit Card Rule Changes Update &#8211; continued</title>
		<description><![CDATA[I wrote on Friday how I called the Finance Ministry and couldn&#8217;t get ahold of anyone to update me on the latest credit card rule changes and left a message at 9:08am on February 26, 2010. Well the wait wasn&#8217;t that long as a cheerful employee called me back today Monday at 1.35pm. Although it [...]]]></description>
		<link>http://www.ratesupermarket.ca/blog/canadian-credit-card-rule-changes-update-continued/</link>
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		<title>New US Credit Card Regulations Begin Today</title>
		<description><![CDATA[The US government passed a new law back in May 2009 regarding stricter credit card regulations which went into effect today, February 22, 2010. It is aimed at credit card issuers and will try to eliminate bad credit card practices and was set up to help protect vulnerable Americans who are already having trouble with [...]]]></description>
		<link>http://www.ratesupermarket.ca/blog/new-us-credit-card-regulations-begin-today/</link>
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		<title>Tips to Get Rid of that Holiday Credit Card Debt</title>
		<description><![CDATA[The Globe and Mail had a good article earlier in the week with a few tips on reducing the holiday debt on your credit cards. Laurie Campbell, executive director of Credit Canada said, &#8220;This is a good time to jump-start your financial situation [and] recommit to making some good financial decisions. Interest rates are likely [...]]]></description>
		<link>http://www.ratesupermarket.ca/blog/tips-to-get-rid-of-that-holiday-credit-card-debt/</link>
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		<title>Credit Card Rewards &amp; Loyalty Program Stats</title>
		<description><![CDATA[The Toronto Star&#8216;s Dana Flavelle, continued her reports on the Canadian credit cards industry with an article on reward and loyalty programs. Here are the most interesting facts from it: Collectively, there are 114 million active members of rewards programs in Canada, according to Colloquy, the market research arm of LoyaltyOne, the group that owns [...]]]></description>
		<link>http://www.ratesupermarket.ca/blog/credit-card-rewards-loyalty-program-stats/</link>
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		<title>The Main Reasons for Credit Card Interest Rates</title>
		<description><![CDATA[Another article in the Toronto Star&#8217;s series on credit cards covered what the outrageous interest rates being charged actually cover: The Canadian Bankers Association says there is no direct relation between the Bank of Canada&#8217;s key interest rate, which influences the commercial banks&#8217; prime rates, and consumer rates on credit cards. In fact, the Bank [...]]]></description>
		<link>http://www.ratesupermarket.ca/blog/the-main-reasons-for-credit-card-interest-rates/</link>
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		<title>Canadian Credit Cards Under Scrutiny</title>
		<description><![CDATA[The Toronto Star is running a series on Canadians and credit cards this week which provides a great insight into how the high interest being charged on cards are really hurting Canadians already in trouble from the recent recession and mounting debt. The first installment on the weekend was called &#8220;Canadians struggling to dig out [...]]]></description>
		<link>http://www.ratesupermarket.ca/blog/canadian-credit-cards-under-scrutiny/</link>
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		<title>The Pros and Cons of Using a Credit Card this Holiday Season</title>
		<description><![CDATA[The pros and cons of using a credit card this holiday season.]]></description>
		<link>http://www.ratesupermarket.ca/blog/the-pros-and-cons-of-using-a-credit-card-this-holiday-season/</link>
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		<title>New Credit Card Regulations Announced</title>
		<description><![CDATA[The Toronto Star reported that new credit-card regulations will end up costing Canada&#8217;s banks &#8220;hundreds of millions of dollars&#8221; and could leave consumers feeling even more confused about their bills, the head of the Canadian Bankers Association says. Nancy Hughes Anthony also warned Wednesday that implementing such complex regulations within a &#8220;compressed timeframe&#8221; could lead [...]]]></description>
		<link>http://www.ratesupermarket.ca/blog/new-credit-card-regulations-announced/</link>
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