Credit Cards
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Compare the pros, cons and perks of Canada’s most popular credit cards.
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Credit card terms and conditions ↗
Knowing how to find and interpret a credit card’s terms and conditions will help you use it more confidently.
How to use a credit card like a pro ↗
Using your credit card wisely means building credit, earning rewards, and clearing off your balance so you never have to pay interest.
How international credit cards work ↗
Know how international credit cards can help you avoid foreign transaction fees and earn travel-specific perks.
Credit card guide
What Is a Credit Card and Should You Get One?
A credit card is a payment tool issued by a bank or other financial institution that provides access to a revolving line of credit. You can use a credit card to purchase goods or services in person, over the phone, by mail or online, at any merchant that accepts credit card payments. At the end […]
Georgia Rose
Hannah Logan
What Are the Different Types of Credit Cards?
For anyone new to credit cards, deciding which card to apply for can be a little overwhelming because of the number of options. And each one has different requirements, perks, benefits, and fees, so where do you even begin? Start by thinking about the type of credit card that will match your needs and lifestyle. […]
How Do Credit Cards Work in Canada?
Credit cards are part of daily life for many Canadians. You can use them to make purchases, and they can help you build credit and earn rewards. Credit cards are a convenient financial tool but can land you in debt if used irresponsibly. Understanding how credit cards work and what options are available to you […]
Shannon Terrell
Barry Choi
How Do I Increase the Credit Limit on My Credit Card?
Getting a higher credit limit on your credit card can be helpful or harmful, depending on how financially stable you are. If you can pay your credit card bill in full and on time every month, increasing your credit limit can give you more flexibility and potentially improve your credit score by lowering your credit […]
Chanelle Bessette
The Most Common Types of Credit Card Fees and Charges
While it’s certainly possible to use a credit card without ever paying any fees, many cardholders will likely run into a fee now and again. Here’s a roundup of the most common credit card fees and what you need to know about paying or disputing them. Types of fees Your fees will depend on the […]
Sandra MacGregor
What to Know About Your Credit Card Limit
Understanding credit card limits can play an integral part in proper credit card management. Here’s everything you need to know about credit card limits. What is a credit card limit? A credit card limit is the maximum amount you can charge to your card at any given time. Your credit card limit is typically determined […]
How to Choose the Best Credit Cards in Canada
Choosing one of the best credit cards in Canada can feel like an impossible mission. There are dozens of cards to choose from, and each one has its pros and cons. But when you dig a little deeper, there’s often a card or two that’s ideal for you. To narrow down your choices, you need […]
How to Apply for a Credit Card
Applying for a credit card should be a pretty straightforward process. You just fill out the application and then wait for the card to arrive, right? While this is technically true, it doesn’t mean you should sign up for the first card you come across. Before you apply, it’s important to consider many factors, such […]
How Credit Card Interest Rates Work in Canada
If you have a credit card, you’ve likely thought about your interest rate. It’s the fee you pay to use certain aspects of your credit card, like making everyday purchases or getting a cash advance. How much interest you’ll pay depends on how you use your card and the size of your transactions. That’s why […]
Credit Card Minimum Payments: How They Work
Making only the minimum payment is convenient but keeps you in debt longer, and can put your credit score at risk.
How to Share a Credit Card
Have you ever noticed that whenever you apply for a new credit card, the form asks if you want to add an authorized user? This option is promoted as a convenient way to earn additional rewards, so why not, right? While there’s no denying that sharing a joint credit card with your partner or a […]
How to Read Your Credit Card Statement
Unfortunately, many credit card users don’t have a real appreciation for—or interest in—their credit card statement, and may even throw it in the recycling bin unopened. Yet, understanding your statement can play a crucial role in managing credit card debt and ensuring you’re not the victim of fraud. Here we break down the basics of […]
7 Ways To Pay Off Credit Card Debt
Paying off your credit card balance should be a straightforward process, but it’s not always so simple. Whether you’re in credit card debt or don’t like carrying a balance, there are a few tips and suggestions you can follow to ensure you stay on track.
What to Know About Getting a Credit Card Refund
Not every purchase is foolproof. Ill-fitting clothes, defective toys — heck, sometimes we buy something on impulse and think better of it in hindsight. If you make a purchase with your credit card and want a refund, it’s often quite easy to reverse a credit card charge. How long the refund takes depends on merchant […]
Aaron Broverman
How to Get Out of Credit Card Debt
Most people who get a credit card intend to use it responsibly. But, unfortunately, sometimes life happens, and you end up carrying a balance. If left unchecked, your credit card debt can quickly spiral out of control. To ensure you’re staying focused on your finances, you need to understand how credit card debt affects you. […]
How to Cancel a Credit Card
To cancel your credit card with minimal impact to your credit score, follow these step-by-step instructions.
How to Transfer a Credit Card Balance
Most of us don’t plan on racking up a mountain of debt when we sign up for a credit card, but it can happen. This type of debt can quickly increase to the point where it feels out of control because credit card interest rates are so high. If you find yourself overwhelmed and struggling […]
Why Your Credit Card Was Declined and What to Do
It’s easy to take credit cards for granted. We swipe them in the checkout line of grocery stores, use them while online shopping, or even when paying bills over the phone. But what happens if you go to pay for something and your credit card gets declined? A declined credit card can be a jarring […]