Money Mart Payday Loans

Money Mart employs more than 2,000 Canadians and has more than 350 branches from coast to coast. Our head office is located in Victoria, British Columbia, and is responsible for all North American operations. Money Mart provide payday loans and many other serives. To qualify, you’ll need to show that: Your NET PAY is $400 or…


Credit card 2.0 prevents fraud by shutting itself down

Dynamics Card 2.0 is part of the next-generation in payment devices but it can still be used in 1970s-era magnetic stripe readers, unlike the alternative chip cards. Jeff Mullen, CEO of Dynamics, Inc., said the programmable magnetic stripe card is still in its testing phase but that the cards have likely been used in Canada…


Canadians being more cautious with debt, says banker

The slowdown in Canada’s housing market suggests consumers are being more “prudent” with credit after racking up a record amount of household debt earlier this year, says one of this country’s top bankers. Gerry McCaughey, chief executive officer of the Canadian Imperial Bank of Commerce, said he is confident that Canadians remain capable of keeping…


RBC credit card rewards grocery purchases

Royal Bank of Canada has launched a cash back reward credit card offering 5 percent cash back on grocery store purchases until December 31, 2010. The standard cash back rate on the new RBC Cash Back card is 1 percent on purchases.. “The RBC Cash Back card lets you spend your cash back however you…


Beware credit card insurance

This is embarrassing to admit for someone who thinks about personal finance a lot, but I have been overlooking a recurring charge on my credit card for about 10 years. The charge always appears as “Payment Protector Premium” and there is also a charge for a “Payment Protector Premium Tax.” I always assumed these charges…


Walmart Bank launches with credit card

Freshly-minted Walmart Canada Bank stepped into the financial-services ring Tuesday with a single product: a rewards-based MasterCard. But the low-price retailing giant did not rule out using its weight to provide serious competition for the country’s handful of big banks through products and services such as loans, deposits and mortgages. “Walmart will always look to…


Prospera Credit Union Offers new Visa

Prospera Credit Union, the fifth largest credit union in BC and VISA Desjardins, Quebec’s largest credit card issuer, have signed a partnership agreement making VISA Desjardins the exclusive supplier of credit cards to members of Prospera Credit Union. To launch the new VISA product offering, Prospera Credit Union branches are giving away 40 tickets to…


Teen credit-card abuse mounts

Tracy Watson is still shocked when she sees some of the latest clients coming into debt and money management seminars run by her organization. It’s not because their debts are in the tens of thousands of dollars, although that is often the case. What troubles Watson is their age. “Kids 18 to 25,” said Watson,…


Deloitte forecasts big changes in Canadian credit card market

Deloitte Canada has published a report outlining significant changes to the Canadian credit card landscape. The report, Charting a new course for the credit card industry, says that, in the wake of record industry losses, consumer bankruptcies and the recently announced voluntary Code of Conduct for the Credit and Debit Card Industry in Canada, the…


Today’s Popular Credit Cards

Here  are today’s most popular Credit Cards. Shoppers Drug Mart® (not available in Quebec) 1.99% introductory annual interest rate on balance transfers and cheque cash advances for 6 months Earn 25 Shoppers Optimum Points®ii for every $1 in purchases when used with your Shoppers Optimum Card®—learn how Get 15,000 Shoppers Optimum Bonus Points®†† after your…