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 credit cards for newcomers to Canada for 2024 + MORE Jul 2nd
Credit Cards
The best credit cards for newcomers to Canada for 2024
As a newcomer, you’ll want a credit card that offers you the best value without having a long Canadian credit history. Here’s a list of our favourite cash back, rewards, low-interest cards and more.
.... More »
Making sense of the markets this week: November 3, 2024 Nov 1st
Kyle Prevost, creator of 4 Steps to a Worry-Free Retirement, Canada’s DIY retirement planning course, shares financial headlines and offers context for Canadian investors.
Apple, Nvidia growth—no cap
Depending on the day you ask, it’s either Apple or Nvidia as the answer to the classic q.... More »
The best GIC rates in Canada for 2025 + MORE Nov 17th
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 »
Why Do I Get Different Credit Scores from Different Websites in Canada? + MORE Dec 4th
Have you received a different credit score from a credit monitoring website than you did when applying for a car loan or mortgage? This isn’t just surprising for you: it’s a likely result. Canadians can use several free credit report sites to monitor their credit; they can also pay for .... More »
Housing affordability: What happens when lower home prices take on higher borrowing costs? Sep 6th
Canadian home prices are falling. Borrowing costs are increasing at an incredible rate. It’s the battle royale of home ownership affordability: Will wannabe home owners benefit from the real estate market correction, or will their dreams be crushed by the rising mortgage costs that are causing it?.... More »
How to Use Your Credit Card While Travelling
– ratesupermarket.ca
Don’t forget to think about money when planning your next trip. While organizing flights, hotels, and vaccinations are all essential, getting your credit cards in order before taking off can save you a lot of money. A little preparation can go a long way.
Make Sure Your Credit Cards Are Accepted
While credit cards are generally accepted all over Canada, that might not be the case where you’re travelling. Some countries may not have the infrastructure to take your credit card. In some cases, stores and restaurants might have high credit card minimum purchases due to bank fees. Make sure to do some research to find out whether your preferred payment methods are common and that your credit card’s payment network (Visa, Mastercard, American Express, etc.) is accepted. Managed responsibly, this is a case where it can be beneficial to have multiple cards on different networks.
Notify Your Credit Card Company
You don’t want to arrive at your destination, try to pay for something, and find out your card has been declined…
