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credit card news

A credit cards illustration is shown in a Thursday, Oct. 6, 2022 file photo.

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Credit card interest rates: How high is too high?

A proposed 10% cap on U.S. credit card interest rates revives Canadian debate over bank profits, consumer savings, and...

Credit card interest rates: How high is too high?
Office towers with the Laurentian Bank logo

News

What the Laurentian to NBC move might mean for your accounts

Laurentian Bank accounts are transitioning to National Bank. Learn what may change and how to stay on top of...

What the Laurentian to NBC move might mean for your accounts

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Shoppers come and go from a Canadian Tire store in Ottawa on Friday, Aug. 11, 2023.

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Canadian Tire, Tim Hortons form loyalty program partnership

A new partnership between Canadian Tire and Tim Hortons will link loyalty programs, offering perks for customers and deeper...

Canadian Tire, Tim Hortons form loyalty program partnership
A customer's hand passing a credit cart to a clerk at a store

News

1.4 million Canadians missed a credit payment in second quarter

Fewer people missed a credit payment than in 2025’s first quarter, but the financial strain continues for many—especially younger...

1.4 million Canadians missed a credit payment in second quarter

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A magnifying glass enlarges the holographic image of Parliament Hill's Peace Tower on a 20 dollar bill issued by the Bank of Canada, shown in a display case at the Bank of Canada Museum in Ottawa, on Wednesday, Sept. 4, 2024. The Bank of Canada says Canadians were keeping more cash on hand in 2024

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Cash use in Canada remains steady as digital payments grow

Despite growth in digital payments, Canadians continue to carry and use cash regularly, new Bank of Canada data shows.

Cash use in Canada remains steady as digital payments grow
The Air Canada check-in area inside Terminal 1 of Toronto Pearson International Airport is pictured in Mississauga, Ont., on Wednesday, Aug. 13, 2025.

News

What to know about credit card travel insurance as an Air Canada strike looms

As an Air Canada strike looms, credit card travel insurance may cover cancellations or delays—but only if you meet...

What to know about credit card travel insurance as an Air Canada strike looms
Couple holding up a key to their new home.

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Canadians are turning to family—and credit—to stay afloat

As the cost of living climbs, financial help from family and increased credit use are becoming survival strategies for...

Canadians are turning to family—and credit—to stay afloat
A Sezzle logo is shown in a person's online shopping cart on a laptop in Vernon, B.C. on Wednesday, November 18, 2020.

Shopping

What to know before you use “buy now, pay later” in Canada

Many retailers offer buy now, pay later programs to encourage spending. Understand the risks, including how your BNPL data...

What to know before you use “buy now, pay later” in Canada

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A man looks worried as he checks a credit bill on his phone

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Missed credit payments grew by 4% in the first quarter of 2025

More Canadians are missing credit payments compared with last year, according to a report from credit bureau Equifax.

Missed credit payments grew by 4% in the first quarter of 2025

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