Blog
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The Pros and Cons of Credit Limit Increases
Credit limit increases can be a double-edged sword. They can provide an opportunity for cardholders to make larger purchases with their credit card, earn more points or cash back, and improve their credit score. However, they can also lead to overspending and potentially damage a consumer’s credit score. It all depends on how you use…
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Cashback v.s. Points: Which one is Better?
Ah, the tale is as old as time itself, cashback or points. If you’ve had a credit card for some time, I’m sure you likely have an idea as to what camp you fall into — but today, we’re going to break down some of the differences, and the situations one may be better than…
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Digital Banking: Where is it Headed?
Digital banking is rapidly changing the way we manage our money. Today, nearly all banks offer online services, allowing customers to check their account balances, transfer money, and pay bills from the comfort of their own homes. However, the future of the banking industry lies in the hands of online-only banks, also known as neobanks,…
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7 Best Credit Cards for 2023!
2022 was a big year for credit cards in Canada. Banks bounced back strong from the COVID inflicted years and offered some of the strongest bonuses and perks we’ve seen before. In this article we’ve broken down some of the best cards within each category, and some unfortunate losers that did not live up to…
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CreditVerse’s 2022 Recap — Top News and Preview into 2023!
2022 was a big year for credit cards, and we are going to look back at some of the news that made 2022 such a big year, as well as what we’re looking forward to in the new year. Before delving into these stories, we want to take the time to thank our readers for…
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Applying for Your First Credit Card
Credit cards are one of the most useful things in your wallet, but when you’re just starting out, choosing the right credit card can seem like an intimidating task. With all of the different types of credit cards and different issuers, the choices can be overwhelming. While no perfect option exists, we’ve created a step…
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How to Improve Your Credit Score
The three digits that represent your score can effectively dictate our lives in North America, from rental applications, to car loans and mortgages, the strength of those three digits can save you tens, or hundreds of thousands over your life. Under Equifax ratings, there are 4 credit ratings:Poor: 300–659Good: 660–724Very Good: 725–759Excellent: 760–900 Five metrics…
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American Express Platinum Card — Frequent Flyer Favourite
“American Express, Don’t Travel Without it” is a tagline that anyone flying through Toronto Pearson over the past few years has likely seen emblazoned all over the airport. While more recently, this has been used for advertising the premium Amex Aeroplan Reserve Card, I think it’s better suited to the Platinum card, which has been…
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Brim & AirFrance-KLM’s World Elite MasterCard is Finally Released
After many months of speculating and patiently waiting, Brim & AF-KLM have finally decided to lift the wraps on their new co-branded Mastercard. Today we’re going to break it down and see if all that waiting has been worth it. Earn Rate You’ll earn FlyingBlue Miles as follows: This roughly translates to a 9%/4%/2% earn…
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How to Find Your Credit Score
If you don’t know how to find your credit score, you’re in the right place! If you don’t know what a credit score is, check out this article for more information. You can also see our Education page for more helpful articles. There are multiple ways to find your credit score, the easiest and most…