About

Cashback Arithmetic is an independent information site about cashback, points and other rewards credit cards in Canada. It is written for people choosing a first rewards card, deciding whether an annual fee is worth paying, carrying a balance they want to clear, or trying to understand a charge or a rule.

The guides do one thing consistently: they turn earn rates, point values, fees and interest into dollars, with the arithmetic shown, so you can repeat it with your own statements. They also explain the rules that apply in 2026, including the Bank Act and the Financial Consumer Protection Framework Regulations for banks, the 35% APR criminal interest rate in force since 1 January 2025, Quebec's Consumer Protection Act, the Code of Conduct for the Payment Card Industry and the complaint routes through OBSI and the FCAC.

The site does not issue cards, rank cards or issuers, publish current offers or accept payment for placement. All earn rates, fees and interest rates in examples are illustrative. Rules and card terms change; each guide links to the official source to check. Nothing here is financial, legal or tax advice. For help with debt, contact a non-profit credit counsellor or a Licensed Insolvency Trustee.

How this site is made

Cashback Arithmetic is an independent information project. Guides are drafted with the help of AI writing tools and checked against official and primary sources before publication; see our Editorial Policy. We are not affiliated with any provider mentioned on the site and do not sell products or services.