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The Best Credit Cards in Canada for 2021


Top features
No annual fee
2% Money-Back Rewards in two 2% categories (like Restaurants or Grocery), 0.5% on other everyday purchases
6 months of 1.95% interest on balances transferred in the first 30 days (19.95% after that)
Good to know
If you deposit your Money-Back Rewards into a Tangerine Savings Account, you get a 3rd 2% Money-Back Category
There’s no cap on the Money-Back Rewards you can earn
There is a 1% balance transfer fee with the promotional balance-transfer offer
If you’re choosing a new credit card and want to make a great, but simple choice, look for a card with no annual fee and cashback rewards. Any rewards program can be fine, but cashback-style rewards keeps it nice and easy because you don’t have to worry about how, when, and where to convert your rewards points. ....

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The Best Credit Cards of 2021


The Best Credit Cards of 2021
By Newsweek
The Best Credit Cards of 2021
The pandemic has dramatically reshaped Americans relationship with credit cards surprisingly, for the better. Instead of the increased delinquencies, ballooning balances and falling credit scores that might have been expected as the economy struggled and unemployment spiked, the opposite has happened: Balances are down, credit scores are up and credit card issuers are rolling out a red carpet of enhanced rewards to keep consumers spending.
According to the Consumer Financial Protection Bureau, balances dropped an average of 10 percent from March to June of last year, and the trend continued through 2020, proving true even for people who had been struggling financially before the pandemic. New delinquencies on loans and credit card accounts also fell, after being flat or increasing gradually in 2019. ....

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Best Places to Get Out of Credit Card Debt - 2021 Edition


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The Federal Reserve says that revolving consumer credit debt (for credit that is automatically renewed as debts are paid off) went up to $974.4 billion in February 2021 -and that this marked an increase at an annual rate of 10.1%. This is almost one-third of all consumer debt – which also includes student and car loans – and adds up to a grand total of $4.2 trillion. With so many people trying to pay off credit card debt, SmartAsset crunched the numbers to identify and rank the best cities where it’s easiest to do so.
To do so, we considered unemployment rate, median post-tax income, lower-quartile rents and disposable income to find where debt could be paid off the fastest, assuming average interest rates and a total debt of $7,935. For details on our data sources and how we put all the information together to create our final rankings, check out the Data and Methodology section below. ....

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