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Penelope Graham

Editor in Chief of RateSupermarket.ca’s MoneyWise, Canada’s comprehensive financial rates comparison resource.

Penelope Graham is the Editor in Chief of MoneyWise, RateSupermarket.ca’s finance news resource. A self-described monetary policy-watching nerd, she is also a new homeowner and can speak firsthand to the financial challenges facing today’s millennials, from understanding credit basics, to saving for retirement.

You can follow RateSupermarket.ca on Twitter for instant access to the lowest rates, finance news and great giveaways: @RateSupermarket
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The Best Canadian Credit Cards With Travel Rewards

Would-be vacationers could find themselves paying 30 per cent more for their warm-weather getaways this year. As the Loonie hovers around US$0.75, three-quarters admit the weak currency has impacted their trip plans. But cash-strapped travelers needn't settle for a staycation, as a number of travel rewards credit cards can effectively offset travel costs.
03/11/2016 12:47 EST
Colin Anderson via Getty Images

The Best Canadian Credit Cards With Travel Rewards

Would-be vacationers could find themselves paying 30 per cent more for their warm-weather getaways this year. As the Loonie hovers around US$0.75, three-quarters admit the weak currency has impacted their trip plans. But cash-strapped travelers needn't settle for a staycation, as a number of travel rewards credit cards can effectively offset travel costs.
03/11/2016 12:47 EST
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What Canadians Need To Know About The U.S. Fed's Rate Hike

The long-awaited liftoff is here: the U.S. Federal Reserve has announced they are raising the Federal Funds Target Rate to 0.5 per cent. It is the first time in seven years the Fed has increased their trend-setting interest rate, which they cut to 0 per cent on December 16, 2008. Markets had widely anticipated the move, with 81 per cent calling for a hike today. As the U.S. is the largest economy in the world, any change it makes reverberates through the rest of the globe, impacting markets and even the cost of borrowing for other countries.
12/16/2015 04:06 EST
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Are Interchange Fees Holding Apple Pay Canada Back?

The third-party payment app, which allows users to upload their credit cards and tap their phones to pay for purchases, will roll out sometime in the final months of 2015 for iPhone 6 and up. Unlike its widespread presence in the U.S., though, the Canadian app will only be compatible with American Express credit cards -- for now.
11/01/2015 05:28 EST
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Are Canadian Students in Debt Denial?

A recent piece by the CBC states credit card debt has spiked among students over the past five to 10 years. However, this conflicts with reports that students are eschewing credit cards altogether. So, what's the real story on student consumer debt? To find out, we asked 820 Canadians born between 1990 and 1996 about their debt perspectives.
09/04/2015 05:52 EDT