Canadian Imperial Bank of Commerce (CIBC) has announced that it is broadening its place in the Canadian marketplace through the acquisition of a $2.1 billion credit card portfolio from Citigroup’s Canadian MasterCard business. With this acquisition, CIBC, which had more than $14 billion in outstanding credit card balances at April 30th, 2010, will become the
Archive for the ‘VISA’ Category
Cash Back Rewards Preferred Among Canadians
In a recent RBC press release, an RBC poll found showed that 33% of Canadian cardholders prefer cash back to any other type of incentive, compared to merchandise rewards, where 27% of Canadians prefer this, or travel rewards, where 23% of Canadians prefer this type of reward. Travel and merchandise are popular, however many Canadians
Introducing the New Scotiabank Visa Prepaid Card
Scotibank has recently introduced the Scotiabank Visa Prepaid Card, allowing you to provide a great gift to anyone. The Scotiabank Visa Prepaid Card is welcomed anywhere Visa is accepted, and can be used online, in person or by telephone. To acquire a Scotiabank Visa Prepaid Card you simply need to redeem your rewards from your
Visa Launches CodeSure Technology
I was browsing through some of my favorite Canadian Finance Websites, and came across an interesting article, which completely amazed me. The website I was on was The Financial Brand, and the article was “What’s that? A calculator on your credit card?” Yes, it is as the title says, on the credit card, there is
Scotiabank Launches ScotiaGold Passport Visa Travel Booking Website
Today, Scotiabank announced the launch of a new ScotiaGold Passport Visa travel booking website. This online initiative allows ScotiaGold Passport Visa customers to safely log into a secure travel agency environment to book flights, vacation packages, hotels and car rentals. Scotiabank will be offering ScotiaGold Passport Visa customers to receive 250 points for simply visiting
Introducing the CIBC Dividend Visa Infinite Card
Canadian Imperial Bank Commerce (CIBC) has introduced the CIBC Dividend Visa Infinite Card, a credit card part of an elite category of Visa credit cards that allows you to enjoy exclusive benefits and high purchasing power. You can benefit from earning up to 2% cash back, Travel Medical Insurance, Personal Concierge service, and a whole
Scotiabank Momentum Visa Card Deal
A long time ago I spoke about Scotiabank’s new Momentum Visa Card (article can be found here); to recap, it has a special cash back program, which allows you to earn up to 2% on eligibly purchases. Generally, you would earn 2% cash back on purchases such as gas, groceries, recurring payments and at the










