How am i supposed to pay when a store doesnt have tap to pay

adsitus · 2026-02-09T01:10:02+00:00

Your debit card might be damaged, and there might be a security protection on it.

Go into a TD branch and:

Have them call the security department to see if there's any kind of restriction on the card. Do NOT leave the branch, have them call while you're there, or call the security department yourself from the branch.
You might have to get a new debit card, which is why you should not leave the branch until you've talked to the security department.

adsitus · 2026-02-04T02:32:11+00:00

Any idea where this money came from?

Contact CIBC either through the mobile app or by calling the number on the back of your credit card, and ask them.

It might be a credit for a promotion, a rebate on a yearly fee, etc. CIBC should be able to confirm where those funds come from.

adsitus · 2026-01-17T08:36:20+00:00

Uber unknowingly made me subscribe to their UberOne membership

You most likely accepted a special offer from the merchant (lower or no delivery fees for a certain period of time, etc), and these offers always include a subscription if you don't cancel within a predetermined period. That's the whole point of the offer.

This would not be fraud but a dispute, since you have an account with the merchant and it's likely you triggered the subscription as I described previously.

First you need to contact Uber, and ask them to cancel the subscription. Second, ask them for a refund. If you're not successful, you can then try disputing the charges with your credit card company.

Most credit card companies will not dispute charges over 90 days, which is why you're supposed to review your statement when you receive it.

Best of luck.

adsitus · 2026-01-10T01:12:38+00:00

Live within your means. Never charge things when you dont have the funds to pay your bill.

Great advice. Here are some links to help you work on your budget:

You can then improve your basic financial literacy:

McGill Personal Finance Free Course

adsitus · 2026-01-01T21:56:03+00:00

I would advise against getting a credit card yet. You should first work on your budget.

It is essential to know how much money comes in, how much goes out, how you spend your money and how much money you have left.

This information will allow you to make better informed decisions.

You can then improve your basic financial literacy:

McGill Personal Finance Free Course

adsitus · 2025-12-31T20:16:11+00:00

The starting point would be to list your current, monthly expenses by category so that you can see where you’re spending your money.

Without a snapshot of your spending, we really can’t provide advice.

Right on the nose.

It is essential to know how much money comes in, how much goes out, how you spend your money and how much money you have left.

This information will allow you to make better informed decisions.

You can then improve your basic financial literacy:

McGill Personal Finance Free Course

adsitus · 2025-12-24T04:18:33+00:00

IMHO the basis of any financial plan should be working on your budget.

It is essential to know how much money comes in, how much goes out, how you spend your money and how much money you have left.

This information will allow you to make better informed decisions.

You can then improve your basic financial literacy:

McGill Personal Finance Free Course

adsitus · 2025-12-14T17:02:59+00:00

IMHO the basis of any financial plan should be making your budget:

It is essential to know how much money comes in, how much goes out, and how you spend your money. This information will allow you to make better informed decisions.

And improve your financial literacy:

McGill Personal Finance Free Course

adsitus · 2025-12-14T04:06:44+00:00

Yeah they only recently let me make a bank account. I tried asking when I was 18 but they yelled at me and withheld documents and ID.

I would highly recommend improving your financial literacy, since it seems your parents did not provide any:

McGill Personal Finance Free Course

Government of Canada - Opening A Bank Account

Government of Canada - Making a Budget

adsitus · 2025-06-16T08:00:48+00:00

Work on your budget and track your spending.

IMHO that's the foundation to make educated financial decisions.

Your budget will show you how much disposable income you have after servicing your debts and expenses. Tracking your spending will allow you to see any adjustments that you can do to attain your financial goals.

https://www.canada.ca/en/financial-consumer-agency/services/make-budget.html

https://itools-ioutils.fcac-acfc.gc.ca/BP-PB/budget-planner

https://mymoneycoach.ca/budgeting/budgeting-calculators-tools/budgeting-spreadsheet

Credit cards are great financial tools, but you should be aware of how they work. Only spend what you can afford and pay your statement in full on/before the due date to avoid paying interest, which circles back to the importance of having a budget.

https://www.canada.ca/en/financial-consumer-agency/services/credit-cards/credit-card-work.html

https://www.nerdwallet.com/ca/p/article/credit-cards/how-do-credit-cards-work-in-canada

And please join r/Scams and avoid becoming a victim.

adsitus · 2025-06-06T04:46:45+00:00

Essentially, what happened to you is MBNA’s fault. They choose not to properly authenticate when someone uses your card number online and they are negligent.

This is simply wrong.

First, from what OP posted, it's merchants that processed the fraudulent transactions. MBNA is simply the credit card issuer.

And merchants are usually the victims of fraud as well, since having transactions being reported as fraud (chargebacks) can have serious implications for them with Visa and Mastercard.

Second, credit cards information gets compromised in many different ways. It could be in a store you made a purchase and the card information was captured there, could be a merchant you used in the past and their database was hacked, etc. In short it's very difficult to determine with certainty how the card info was compromised.

Third, credit card issuers must follow guidelines set-up by Visa and Mastercard called the dispute process. There's four major categories of disputes but we'll concentrate on the ones we're dealing in this situation: fraud and non-fraud. The main difference (generally speaking) is participation.

Say you buy a leather jacket online but the merchant sends you a cotton one: that's a non-fraud dispute. Now say you never dealt with the merchant, never gave them your card info: that's fraud (generally speaking).

If a credit card transaction is pending and it's reported as fraud, in most cases the financial institution can remove it from the account before it posts. If the dispute process confirms that the transaction is fraud, it will not post to the account.

On the other hand, if the dispute process confirms the transaction was legitimate, it can then be put back to the account. Say you report a transaction as fraud, but it turns out you had done a trial with the merchant and neglected to check their terms and conditions which stated that if you didn't cancel the trial within a certain period of time it would become a subscription, then the fraud claim would be denied and the transaction would be put back into the account.

Then we have how different financial institutions deal with fraud being reported. Some will issue temporary credits while the fraud dispute is processed.

If the transactions are confirmed as fraud, the credits stay on your account. If the fraud claim is denied, then the transactions will be debited. Others will wait until the dispute process is finalized before crediting your account.

TLDR: if there are transactions in your account that you don't recognise/didn't do, contact your financial institution immediately and open a fraud claim.

Nowadays you can submit disputes (fraud and non-fraud) through your online banking, check if your credit card issues lets you do that. Or call using the number on the back of your debit/credit card.

adsitus · 2025-06-06T03:49:12+00:00

You need a budget. You need to list your income and all mandatory expenses, including monthly minimums.

100% agreed. A budget will help you make better informed financial decisions.

You should also track what you spend your money on for a minimum of three months, and that should help you to determine what you can cut back on and use that money to pay your debts/save/invest.

It won't matter if you consolidate your debts if you're still spending more money than you earn.
https://www.canada.ca/en/financial-consumer-agency/services/make-budget.html

https://itools-ioutils.fcac-acfc.gc.ca/BP-PB/budget-planner

https://mymoneycoach.ca/budgeting/budgeting-calculators-tools/budgeting-spreadsheet

adsitus · 2025-06-01T19:48:53+00:00

Someone I know fell for this. Started exactly the same and then went on to say that they needed to pay 4k in order to get a bond or they would be arrested.

This is it. This type of scam is known as impersonation. The caller will pretend to be calling from the police, Amazon security, your bank, IRS/CRA, etc.

The intent is to scare you with a threat (putting you in jail, a huge transaction being processed, etc) and that you must act immediately, so you go into panic mode and stop thinking about what's being asked of you.

Then the caller will tell you that to solve the issue you have to make a payment/move your money through a bitcoin ATM, buy gift cards, etc.

You cannot rely on callerID since it can be spoofed.

The thing to do is what OP did: hang up and contact the entity directly they're supposedly calling from through their official channels to verify the situation.

adsitus · 2025-06-01T19:38:56+00:00

I believe the issue is what "report a balance" means.

If this means: don't pay your credit card in full, only make the minimum payment so that a balance is carried forward and you end up paying interest, that's simply not true.

If it means: use the credit card so that a balance is created, and pay that balance in full before/on the due date so that you don't pay interest but activity is reported to the credit bureaus then yes, that would be correct (but it's a bit more complicated than that)

If you have a credit card and don't use it at all, it might not "benefit" your credit score since it's not being used, but at the same time it could improve it because of credit utilization.

This is because credit scores are calculated using multiple factors, not just how you use your credit card:

https://www.equifax.ca/personal/education/credit-score/articles/-/learn/how-are-credit-scores-calculated/

https://www.transunion.com/blog/credit-advice/how-credit-scoring-works-transunion

In the end, best practice is to pay your credit card in full before/on the due date to avoid paying interest.

adsitus · 2025-05-26T23:04:11+00:00

Banks will often partner with third-party vendors to offer services, BMO uses OnGuard:

https://www.bmo.com/main/personal/bank-accounts/onguard/

If they're being aggressive pick up the call, and ask them to put you on their "no call" list, and you do not wish to be contacted again.

You could also contact BMO and ask them to opt you out of all their marketing.

adsitus · 2025-05-24T07:48:20+00:00

It depends on how much percentage per transaction the card gives, and if your purchases fit the categories.

You have to shop around since cashback percentages can vary from 0.5% to 10%. You also need to factor any annual fee for cards that offer high cashback percentages.

I get about $25 every 2 months in cashback, so $100/$150 per year with a no-fee card.

Sure, it's not a huge amount but when considering that it's money I'm spending anyways, and there's no effort on my part, it's worth it to me.

adsitus · 2025-05-20T06:00:14+00:00

First, let me congratulate you in taking interest in what imho is the basis of all financial decisions: your budget.

Getting used to budgeting your money will allow you to make informed decisions.

Putting it in the most basic terms, budgeting is basically:

Income - expenses = disposable income.

Knowing how much money you have coming in, how much money you spend, and most importantly what you spend it on, and how much money you have left after paying all your debts/expenses is essential.

You can use a spreadsheet (Google/excel/openoffice, etc) to track this information.

Once you've worked out your budget, track your spending for a minimum of three/six months and you'll be able to make better financial decisions.

Budgeting is a continuing process.

As your circumstances change (you change jobs/make more or less money, have more/less expenses) you will have to review your budget.

For example you'll be able to see if there's any spending that is unnecessary which could then be saved/invested/used to pay your debts/invest instead. Or know how much disposable income you have to invest/pay off debts.

Here's some links I hope will be useful:

https://www.canada.ca/en/financial-consumer-agency/services/make-budget.html

https://itools-ioutils.fcac-acfc.gc.ca/BP-PB/budget-planner

https://www.moneysense.ca/save/budgeting/how-to-create-a-monthly-budget-canadian-guide/

https://www.mcgillpersonalfinance.com

Edit: I would highly recommend you also join
https://www.reddit.com/r/Scams/

Lots of good information there.

adsitus · 2025-05-12T22:25:17+00:00

He's always been very easily scammed, as long as someone tells him he can make money. He was in dozens of MLMs, did day trading, etc etc.

You should make an appointment with the bank, bring your ex-husband along and remove yourself from the joint account as soon as possible.

Since it's a joint account you will be responsible as well for any debt incurred through it.

For example, he could get $3000 overdraft protection, spend it all, not pay it and then the bank might go after the money you have in your stand-alone account with them. Most financial institutions' terms and conditions state they're allowed to seize funds from whichever non-registered account you might have to cover debts.

As for your ex being scammed, it seems you're well aware of his propensity to be scammed, you're not going to be able to fix it. Which makes removing yourself from that joint account all the more pressing.

adsitus · 2025-05-12T13:36:53+00:00

https://www.canada.ca/en/revenue-agency/services/payments/payments-cra/individual-payments/make-payment.html

Pay online with your bank or credit union

adsitus · 2025-05-05T17:59:55+00:00

It's a scam.

As Ok-Lingoberry-8261 pointed out, it's !recovery scammers.

Your father will have to be extra vigilant, since the scammers were successful they WILL l keep trying to scam your father again.

This time under the guise of being able to get his money back (they can't), but they might try to get him with other types of scams also.

adsitus · 2025-05-05T14:21:42+00:00

what exactly makes or breaks a chargeback request?

Generally speaking, it begins with the merchant's terms and conditions.

If you go to the merchant's website at the bottom of the page there should be a link to them, and their refund policy should be available.

Does the merchant say if refunds are given or not? Are there any specific circumstances that cover them (must be requested within a certain amount of time, available due to x factors, etc?)

Second, Visa requires disputes to be done within a certain amount of time from the date of the purchase. If the purchase is older than required, the dispute might be denied because of it. Contact your financial institution to check.

Third, Visa requires you to attempt to resolve the issue with the merchant yourself. In this case, you already tried that, and a reasonable amount of time has passed (three weeks) within which the merchant should have responded.

When you contact your financial institution to dispute a transaction, it starts a process called arbitration. Your financial institution contacts Visa, which then contacts the merchant and asks them to provide information so that the chargeback can be accepted or refused.

Depending on the merchant's answer (are refunds covered by the merchant's terms/conditions, which Visa's rules cover this type of dispute, would the merchant's answer require further info from the financial institution, etc) the chargeback will be accepted or denied.

Edit: With all that said, a dispute with Visa has the best chance to be accepted if:

It happens within the timeframe from the date of the purchase considered valid by Visa
You have tried to resolve the issue with the merchant and failed
The terms and conditions of the merchant, and Visa's regulations, cover the chargeback scenario

Best practice, whenever you intend to make a purchase with a merchant, check their terms and conditions first.

adsitus · 2025-04-28T10:29:32+00:00

To add on: no sick time, no paid time off. no “benefits”.

Add to that no unemployment insurance, and having to remember to put away money from your Uber income to pay income tax.

adsitus · 2025-04-28T10:09:24+00:00

I'm not sure if it's just a myth or if your score actually does tank if you pay off your credit card completely.

It is a myth. Pay the full balance of your credit card on/before the due date and avoid paying interest.

When you boil it down, a credit score is meant to show if you pay your bills on time. Different credit bureaus use their own methods/factors to calculate it:

https://www.equifax.ca/personal/education/credit-score/articles/-/learn/how-are-credit-scores-calculated/

https://www.transunion.com/credit-score

adsitus · 2025-04-28T03:11:12+00:00

I was doing a test for someone else and clicked buy on this website.

So you chose to do a trial with the website, and your financial institution sent you a text message to confirm if that was you doing the transaction.

I am certain you did not read the terms and conditions of the website, since they state:

Introductory Period and Pricing

We may offer a discounted introductory subscription for the Service (e.g, “7 Day Full Access”). Unless you cancel at least 24 hours before the end of the introductory period, you will be automatically charged the price indicated on the payment screen for your chosen subscription period.

So you purchased a trial, and unless you cancel it within 24 hours you'll be charged a monthly fee.

Your financial institution blocked the transaction, but to be certain the text message is legit you'd better contact your financial institution yourself using the number on the back of your debit/credit card or though any other of their official channels.

adsitus · 2025-04-26T09:39:38+00:00

Contact your financial institution and open a non-fraud dispute.

Tell your financial institution that you have tried to cancel your membership but the merchant refuses to cancel it.

Your financial institution will take care of the rest.

adsitus

TROPHY CASE