credit card

How is your interest rate treating you? Are you using the points and the perks? Is your card working for you? Important questions that affect your bottom line.

Credit cards come in handy at this time of year, especially if you’re cash-poor and have a whack of friends, family and co-workers to buy for in a short amount of time.

I never get anything free from my bank – especially cheques. Which is why I was pretty surprised when the bank sent me an envelope of free cheques a couple of months ago. The “convenience cheques” were tied to my credit card – I could just sign one and the balance would be posted right to my card.

If you know how to pick the right one, credit cards do have their benefits — getting points and rewards can earn you free stuff (and even free money!).

MoneySense pro Bruce Sellery on whether the fee for credit card balance protection is worth the peace of mind.