News & Resources

Take the Quiz: Myth-Busting Some Common Misconceptions about Credit Cards

Dec. 4, 19
3 mins
A woman drinking a cup of coffee enters her credit card info online

With 92% of Canadians using credit cards each month, there are plenty of misconceptions about the iconic pieces of plastic that form an important part of our financial lives. In fact, in a recent survey, less than half of Canadians said they were credit card savvy.

So, how credit card savvy are you? Before you swipe your card, swipe through our myth-busting quiz to test your credit mettle.

Be smart, be safe, and educate yourself on how credit cards work. Take the time to find the best card for you. Depending on your needs, a credit card with low interest, or maybe one to earn rewards or cash back offers is right for you. Whatever kind of card you need, there’s one out there, and it’s only a click away. Find your best credit card match by using our credit card comparison tool.

Patrick Faller

Patrick is a writer, creative media producer, and award-winning journalist with a love of technology, the arts, and design. He’s passionate about consumer affairs and helping Canadians make the best possible choices when it comes to their finances. You can find him on social media @patfaller.

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