Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
Making sense of the markets this week: March 20 Mar 19th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
The Fed moves, just a scooch
On Wednesday of this week, Federal Reserve chairman Jerome Power made the move on rates. The Federal Open Market Committee raise.... More »
Unsecured or Secured Credit Cards – What’s the Difference? May 10th
Are you looking for secured credit cards? Not sure if you should open a secured or unsecured card? If you’re rebuilding your credit score, a secured credit card can help you get your credit back on track. An unsecured credit card requires you to have established credit and can often include t.... More »
Personal Loan Vs. Line of Credit: Which Should I Get? + MORE Dec 23rd
In today’s ever-evolving market of loan products, it can sometimes feel like there are too many options to choose from – and each with its own complex fine print. Obtaining a line of credit or personal loan from a bank or lender has been a common way for Canadian consumers to get a cash injecti.... More »
Should you consider using joint accounts to avoid probate? Apr 17th
Q. My mother is a widow and I am an only child (single, never married, with one child of my own). Now that she is 83, she thinks she should put my name on all her bank accounts and investments so if she becomes unable, I would have control as joint account holder to pay any bills that come up. My na.... More »
Bank of Montreal boosts dividend, reports $1.25B quarterly profit May 31st
The Bank of Montreal joined its peers in delivering second-quarter profits that beat expectations as Canada's Big Five banks earned a collective $10.6 billion — up nearly 11 per cent from a year ago..... More »
The Best Credit Cards to Use for the 2017 Holiday Season
– ratesupermarket.ca
There are exactly 25 shopping days left until Christmas, and whether you’re ahead of the game or behind on your shopping list, you may already be feeling some shopping lethargy. But don’t despair: depending on your preferred method of payment, you may be able to get rewarded for running around those stuffy, crowded malls or spending hours scrolling through online catalogues.
We present to you five of RateSupermarket.ca’s 2017 Best of Finance credit card winners that can reward you on each dollar you spend and make your Christmas morning just a bit brighter.
If you’re a student coming home for the holidays
Card of choice: BMO SPC® CashBack® MasterCard®
Though the holidays can pose as a stressful time for anyone, early December is an especially challenging time for a college or university student. Exam season can be mentally and physically taxing to say the least. And if money is tight and you’re looking for ways to cut costs, buying gifts for friends and family will be no easy feat with Christmas just around the corner…
Customers have increasingly moved away from physical bank branches towards online and mobile apps, but banking has yet to reach its ‘Uberization’” moment, one that breaks down traditional models to usher in new innovations, as Uber has done for the taxi industry.
