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Travel › Re: Living In Canada/Life As A Canadian Immigrant Part 2 by whizqueen(f): 2:51am On Mar 21, 2020 |
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Travel › Re: Living In Canada/Life As A Canadian Immigrant Part 2 by whizqueen(f): 3:13pm On Mar 18, 2020 |
thesolicitor2: Pls kindly shed light on this: 1) what qualifies you for credit card rewards, is it the degree of use. How substantial is the reward that offsets your credit. Do all the banks give rewards?
Its the usage and payment that impacts your credit card rewards. All banks have a credit reward card but not all credit cards have that offer. The value of the reward say 5000 points may only be able to pay of $25 bill and you might have had up to 50 transactions to earn that 5000 points
2) Is there any tax implication on using credit card over debit & vise versa for transactions?.
The only extra taxes you would be paying is on the interest for non payment or partial payment. HST is still same for all purchases either debit or credit payment
I recently saw this �;
"The banks knows what they are doing. When it’s time to buy a house, your *credit score* will *determine the interest rate.* Remember, anything credit you are paying X3 back.
If you’re a high risk lender (low credit score), the interest rate applicable on your mortgage may be a high than for a low risk lender. It also depends on other factors as well
Having an instant 3000CAD credit card without a job will make it worse for future loan which they might increase your interest rate.
You can as well tell any bank you want a $500 credit card limit"
3) In the light of the above, is it advisable to request for a $500credit card limit?
If you have a need for up to $3000 credit limit a month then go for it. The most important thing is to ensure that you’ve drafted a well thought out payment. You’re not obligated to finish spending , 3k. But what happens when you have just $500 and you need to spend 2500? I hope that explains it. |
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Travel › Re: Canadian Student Visa Thread Part 16 by whizqueen(f): 6:15am On Mar 10, 2020 |
mikeerrr: it has not yet started, it was only announced but it is a good one but bad for people that like to use uncle, brother , company , inlaw or aunty as sponsor It’s a pilot initiative |
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Travel › Re: Canadian Express Entry/federal Skilled Workers Program - Connect Here Part 9 by whizqueen(f): 3:49pm On Feb 25, 2020 |
ednut1: Canada PR journey took me over 2 and half years. Glad it is now over . Wishing everyone all the best ooo. From wrong ECA body to 4 Months NASU strike to verification wahala to multiple heart breaking ielts tests to scary CRS scores to review required by lazy visa officer. wow congratulations  May Canada Favour you and yours |
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Travel › Re: Weekend Getaway At Niagara Falls Canada With Pictures by whizqueen(op): 7:43am On Jan 02, 2020 |
Hobyno: Good Day please what is your experience like when you used EgyptAir to toronto and their reception to kids I’m just seeing this sorry, To be honest I don’t see anything wrong with EgyptAir. My friend flew with them with her two kids and husband, she had a positive feedback and confirmed that she can definitely fly EgyptAir again. I know they don’t get that much positive feedbacks from people but if we’re been brutally honest. It’s a budget airline and they deliver value for money. I hope my response isn’t too late tho |
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Christianity Etc › Re: Merry Christmas Nairalanders by whizqueen(f): 6:57pm On Dec 26, 2019 |
Omoluabeesixtee: Sending my Christmas wishes to. Vick yrotex Whiz queen Ishil ove and oluabi9. May the joy of this season be upon you and your household. Amen Merry Christmas to you  |
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