Canada has several major banks and many schedule II banks – but with rates and plans all over the map, it’s difficult to know where to bring your business. Our aim is to help you navigate Canada’s banking options to discover which one suits your needs best.
Latest News
The best GIC rates in Canada for 2024 Dec 30th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigat.... More »
How cash ETFs keep your money working Nov 25th
It’s a dilemma for many investors: you want to have cash set aside to hop on investment opportunities that might arise, but you also don’t want the money sitting in your portfolio not collecting any return. Enter cash exchange-traded funds. Experts say there is increasing demand for cash.... More »
Stock news for investors: Big gains for Canada’s banks in Q1 Feb 27th
Here’s a round-up of news for Canadian investors this week.
Scotiabank
EQB
National Bank
BMO
RBC
TD
Featured RRSP Accounts
featured
EQ Bank
Build your retirement savin.... More »
Credit Card Rewards Redemptions Are Surging During COVID-19 + MORE Sep 2nd
The number of Canadians redeeming credit card points for everyday purchases is surging during the pandemic, according to a study by CIBC. Typically, Canadians would use their credit card points to travel this time of year. However, COVID-19 continues to restrict border crossings and flights, which .... More »
The best GIC rates in Canada for 2026 + MORE Apr 21st
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
It’s Time to Get Smart about Your Credit
– ratesupermarket.ca
October 17 is National Get Smart About Your Credit Day and there is no better time with the year end and holidays approaching, to sit down and review your finances. Whether you have debt or not, take this opportunity to evaluate how you manage your credit and where there could be room for improvement.
Your Credit Score
How well do you know your credit score?
How do you improve your credit score?
Credit Cards
How does a credit card affect your credit score?
Does having a joint credit card affect your credit score?
Why is using a debt calculator important?
Budgeting 101
Help to Manage Your Debt
Your Credit Score
Credit scores reflect your current and historical financials. Lenders use them to determine how much credit they extend to you. They may even use your credit profile for something as simple as purchasing a cellphone plan. That’s why it’s important to start off on the right foot.
In Canada, credit scores are tallied using the FICO (Fair Isaac Credit Organization) formula…
