Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News
CIBC & TD Bank Q4 2018 Earnings Nov 30th
The Globe and Mail, Tim Kiladze, 29 November 2018
Toronto-Dominion Bank and Canadian Imperial Bank of Commerce can thank a hot U.S. economy for higher profits. But the banks' sizable American operations aren’t expected to deliver as much growth in 2019 because of rising competition.
TD and CIBC,.... More »
At the open: TSX opens higher as gold miners shine Jul 14th
S&P, Dow flat after mixed big banks’ earnings
.... More »
Big bank, insurance CEOs announce new business growth fund of up to $1B + MORE Mar 9th
Federal Finance Minister Bill Morneau and some of Canada's biggest banks and insurance companies today unveiled a $1-billion fund aimed at helping small- and medium-sized businesses access cash to help them grow..... More »
Think You Have Sufficient Travel Insurance? Think Again + MORE Jan 27th
Despite the weak Canadian dollar, winter-weary snowbirds and March breakers are still heading south for vacation. If you’re one of these people, you probably understand that you need to pack more than just sunscreen for protection. Even if your travel budget is tight, spending a bit extra on .... More »
International Vacation? Tips to Exchange Currency for the Best Rates + MORE Jul 31st
Whether it’s to the U.S. or elsewhere outside of Canada, your travel will mean transactions in another currency. You can get foreign cash before you leave, use local ATMs, put everything on your credit card, or depend on currency exchange brokers, to name a few. Here are the pros and cons of .... More »
7 Ways to Get a Bank Account for Cheap
– ratesupermarket.ca
When it comes to setting up your own bank account, some may feel more comfortable with the familiar. Maybe your parents set up a youth account for you with their bank and you haven’t branched out yet (no pun intended). Or perhaps you think the best deals can only be found with the big five banks.
However, as older millennials, including myself, reach our mid-30’s and start our own families, there’s a need to change things up a bit. We don’t have the same needs as our parents: we’re generally more in debt than ever before, many of us juggle multiple jobs, and we spend most of our waking hours online. Our two biggest needs are to save time AND money, but one of the most overlooked ways to save more cash is through comparing bank accounts.
Even with today’s low interest rates, you can still find accounts that will not only save you money, but give you more than you had to begin with. Here are the top seven ways to find a bank account that works for you:
1. Look for a Chequing Account that Pays You, not Vice Versa
Most chequing accounts do not pay any interest, but they do exist…
7 Ways to Get a Bank Account for Cheap
– ratesupermarket.ca
When it comes to setting up your own bank account, some may feel more comfortable with the familiar. Maybe your parents set up a youth account for you with their bank and you haven’t branched out yet (no pun intended). Or perhaps you think the best deals can only be found with the big five banks.
However, as older millennials, including myself, reach our mid-30’s and start our own families, there’s a need to change things up a bit. We don’t have the same needs as our parents: we’re generally more in debt than ever before, many of us juggle multiple jobs, and we spend most of our waking hours online. Our two biggest needs are to save time AND money, but one of the most overlooked ways to save more cash is through comparing bank accounts.
Even with today’s low interest rates, you can still find accounts that will not only save you money, but give you more than you had to begin with. Here are the top seven ways to find a bank account that works for you:
1. Look for a Chequing Account that Pays You, not Vice Versa
Most chequing accounts do not pay any interest, but they do exist…
