Arexl – Page 20 – arexl.com

Jun82026 by ArexlNo Comments

Understanding the WestJet Companion Voucher

CREDIT CARDS

While booking flights within the WestJet network, you might have noticed the option for a companion voucher. This unique feature allows you to purchase one regular fare and add a second passenger at a significantly reduced rate, usually set at $119, $199, or $399 CAD plus applicable taxes and fees, which varies by route. To utilize this voucher, it is necessary to book a fare on a flight operated by WestJet. The discounted companion fare can then be applied to the second traveler on the same booking. Be sure to familiarize yourself with the process to acquire the voucher and the associated terms regarding eligibility, route constraints, and reservation guidelines prior to your journey. Obtaining a WestJet Companion Voucher Acquiring a WestJet companion voucher is straightforward, especi...

Jun82026 by ArexlNo Comments

Understanding Life Insurance: Coverage and Costs

PERSONAL FINANCE

Have you ever considered what life insurance is? It’s a financial product designed to protect your family in the event of your untimely death, although many find it an uncomfortable topic. Some individuals fear that discussing death might invite it, but this notion is unfounded. Anyone who has dependents should prioritize safeguarding their loved ones, making conversations about life insurance crucial. Here’s an overview of what you need to know to begin exploring life insurance. Understanding Life Insurance To put it simply, life insurance is a contract between a policyholder and an insurance company. The policyholder pays regular premiums, and in return, the insurer agrees to provide a lump sum to designated beneficiaries upon the policyholder's death. Different Types of Life Insuran...

Jun82026 by ArexlNo Comments

TD Tech Innovates for Clients and Employees

BANKING

TD has recently introduced some of the latest technological innovations they have been developing. While several of these features are still in the testing phase, others have already been launched for use by customers and staff. Having had the opportunity to experience some of these tools and learn about their motivations for development, I am genuinely impressed by TD's commitment to integrating technology into its strategic vision. Welcoming the Metaverse Although I didn’t personally explore the VR tools on display (I suppose I’m too seasoned for that), TD showcased a metaverse designed to immerse their interns in the bank's culture through a virtual reality experience. Currently in a pilot phase, this initiative aims to offer a digital environment for interns to connect with each othe...

Jun82026 by ArexlNo Comments

Top Travel Credit Cards in Canada 2026

CREDIT CARDS

As travel expenses continue to rise, selecting one of Canada’s top travel credit cards for 2026 is increasingly important. The ideal card allows you to earn points or miles on your regular purchases, which can significantly lower the costs of flights, accommodations, vacation packages, and other travel-related expenses. In this revised selection, I have curated recommendations based solely on my personal experiences with these cards over the past few years. Each recommendation stems from practical use, rather than mere speculation. It’s important to note that my suggestion isn’t to apply for all the cards listed here. However, applying for a couple over the span of a year can yield substantial rewards. This strategy enabled me to fly Emirates First Class from Dubai to Toronto and EVA Air...

Jun82026 by ArexlNo Comments

Top No

BANKING

Maintaining a bank account is crucial for daily financial activities. It's necessary for managing your funds, cashing cheques, making bill payments, or simply accessing cash when needed. However, one of the most irritating aspects of bank accounts is the monthly maintenance fees that often accompany them. This can feel counterintuitive since a bank account is intended to aid in saving money. Thankfully, many banks are beginning to offer accounts that do not charge monthly fees, catering to this growing demand. If you’re in search of bank accounts that don’t charge fees—whether through online banks, credit unions, major Canadian banks, or alternative options that offer rewards—here's a carefully curated list of my top 12 selections for the best no-fee bank accounts in Canada. Tangerine Sa...

Jun82026 by ArexlNo Comments

Determining My Life Insurance Needs

PERSONAL FINANCE

For families or individuals whose financial stability would be compromised by your passing, acquiring life insurance is crucial. Essentially, life insurance ensures that, upon your death (provided you’ve kept up with your premium payments), your designated beneficiary receives a lump-sum, tax-free payment. While you may recognize the necessity of life insurance, determining the right type and adequate amount can present a challenge. Determining Your Life Insurance Needs The amount of life insurance suitable for you varies based on individual circumstances. To derive a precise figure, consider the following factors: Evaluate Your Net Income Begin with your annual net income (after taxes) and multiply by the number of years you wish to replace that income in the event of your death. A c...

Jun82026 by ArexlNo Comments

Understanding High Interest Savings Accounts

BANKING

You may be surprised to discover that many individuals inquire about what exactly constitutes a high interest savings account. While the answer seems straightforward, it's a bit more complex. A high interest savings account (HISA) is distinct from a traditional savings account, and it is often linked to online banking institutions, though you can also find them at physical banks. Still unsure? No need to worry; here’s a comprehensive guide to understanding high interest savings accounts. What is a high interest savings account? True to its name, a high interest savings account (HISA) provides a higher interest rate compared to standard savings accounts. However, the term ‘high interest’ is somewhat relative, as it is influenced by the overnight interest rate set by the Bank of Canada (B...

Jun82026 by ArexlNo Comments

Tangerine World Mastercard: A Review

CREDIT CARDS

To kick off my review of the Tangerine World Mastercard®, I must say that it’s an excellent option. This card stands out as one of the few that allows you to select your cash back categories while also lacking an annual fee. Although it bears similarities to the Tangerine Money-Back Card, there are distinctions worth noting before you apply. Continue reading my review for comprehensive insights. Tangerine World Mastercard Apply Now No annual fee Receive $100 in cash back after spending $1,500 within the first 3 months. 2% cash back on up to three selected categories 0.5% cash back on all other transactions Mobile device insurance ...

Jun82026 by ArexlNo Comments

Benefits of a U.S. Dollar Investment Account

BANKING

Over the years, I’ve frequently been asked whether opening a U.S. dollar investment account is worthwhile. My response has often been vague, as I lacked a definitive stance on its benefits and drawbacks. I generally preferred to keep my investment strategies uncomplicated. Nevertheless, I recognize the potential value of U.S. dollar investment accounts. To shed light on the matter, I invited James Gauthier, Chief Investment Officer at Justwealth, to share insights in this guest post. ** Many Canadians are likely familiar with the option to open a U.S. dollar bank account at various Canadian financial institutions. However, it may come as a surprise that numerous investment companies also offer U.S. dollar investment accounts. Here are several reasons to think about opening one of these a...

Jun82026 by ArexlNo Comments

Understanding Term Life Insurance

PERSONAL FINANCE

If you've recently purchased a house, welcomed a new child, or begun caring for an elderly parent, you may be considering whether it's the right moment to invest in life insurance. You might also be curious: what exactly is term life insurance? Life insurance is intended to safeguard your family's financial future in the event of your passing, especially if your income ceases. Naturally, you wouldn't want your loved ones to face financial hardship should the worst occur, making life insurance a viable option. However, the challenge lies in managing your current financial responsibilities, which can make the addition of another monthly expenditure feel overwhelming. The upside is that term life insurance provides essential financial support to your family without straining your budget to...