Churning credit cards, in which applicants sign up for the welcome bonuses and then cancel the card, is a popular practice. Churning can be an effective way to rack up rewards, fast – but it comes with a few risks…
You don’t have to rely on credit card use for great travel rewards. The BMO AIR MILES bank plan is the only chequing account in Canada that offers 1,000 AIR MILES for new signups – enough to take a short haul flight, right away.
The NHL labour dispute is a classic David and Goliath battle. With the downtrodden multi-millionaire players pitted against their impoverished billionaire employers, the real Davidian losers in this fight are the fans, and the countless thousands of people who earn part or all of their (far smaller) incomes based on others playing a game on ice.
Wallets are poised to become a relic of the past, as mobile banking apps such as Google Wallet and Isis become more popular ways to pay for bills and everyday purchases.