Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
What Is a Credit Bureau? Important Information for Canadian Consumers Apr 29th
Whether we realize it or not, credit bureaus have a significant impact on our financial lives. The information they provide to lenders can determine mortgage rates, lending amounts, and credit card approvals. But what exactly is a credit bureau, and what can you do with their information?
What Is a .... More »
Donald Trump Orders Crackdown on Politically-Motivated ‘Debanking’ - WIRED + MORE Aug 8th
Donald Trump Orders Crackdown on Politically-Motivated ‘Debanking’ WIREDTrump Signs Executive Order Clamping Down on ‘Debanking’ The New York TimesGUARANTEEING FAIR BANKING FOR ALL AMERICANS The White House (.gov)Trump targets banks with order barring discrim.... More »
The best GIC rates in Canada for 2024 + MORE Jul 6th
Investing
The best GIC rates in Canada
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
Compare highest rates
Why trust us
MoneySense is an award-winning.... More »
The best TD credit cards in Canada 2021 May 31st
Before we talk about the best TD credit cards in Canada, let’s talk about TD. Formed through a merger between financial giants Bank of Toronto and The Dominion Bank in 1955, TD is one of Canada’s big five banks. It offers a wide array of financial services including an impressive portfolio of mo.... More »
Oil pipeline opponents target energy companies’ financing, to mixed results May 14th
Efforts to persuade banks to stop supporting oil pipeline projects doesn’t seem to have hurt energy companies broadly, but activists say financial institutions are becoming more aware of Indigenous rights
.... More »
The Best Credit Cards for First-Year University and College Students
– ratesupermarket.ca
Congratulations! You’ve graduated high school and now you’re taking the next big step in your life. Starting post-secondary education involves a lot of firsts – it may be the first time you’re living away from home, the first time you’re cooking for yourself, and perhaps the first time you have a job and are managing your own money.
When I began university, I remember many companies advertising student credit cards in the halls of my school. I desperately wanted one, mostly just so I could fit in and look cool. When my plain grey card finally arrived in the mail – some seven months later – I went out and dared to put $30 worth of charges on it. I didn’t care what its real purpose was or whether it had any perks. After all, I paid off my balance in full every single month and made sure I kept everything well under the card limit.
Now, 13 years later, I can thank that little grey card for teaching me a lot of financial responsibility. Because I paid all my bills on time and never incurred interest charges, my credit score is excellent…
