The “Big Five” Canadian banks include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Are there other viable options?
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The best high-interest savings accounts in Canada for 2025 + MORE Aug 25th
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Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
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The best Visa credit cards in Canada for 2024 Nov 7th
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The First Home Savings Account is finally here. Here’s how it can save you thousands in taxes Apr 11th
The new federal plan has some hiccups — it’s still not available at the Big Six banks — but once it’s up and running, it will allow potential buyers to save for their first home tax-free..... More »
What is cryptocurrency? And how do you invest in it? Sep 14th
You can’t read a news site, watch a YouTube video or scroll any social media platform without coming across a reference to bitcoin, ethereum or other cryptocurrencies. Maybe your own friends and family members are nattering non-stop about their crypto investments.
Time will tell if crypto is th.... More »
Is an all-weather portfolio the answer to the shortage of “safe” investments? + MORE Oct 27th
For retirees and near retirees, it can sometimes seem like there’s no such thing as a “safe” investment—especially now. Even bonds and bond funds, typically considered the safest of investment—suffered losses in 2021, as interest rates were poised to rise. Now that central banks have said .... More »
How to Spot Credit Card Fraud and What You Can Do to Prevent It
– ratesupermarket.ca
Credit card fraud comes in various forms and can cause a lot of damage to both your balance and your credit score. Often thieves only get away with a few hundred dollars, but sometimes they can manage to steal thousands. And when they do, it can take hours of hard work and communication to unravel the mess that they left in their wake. In the case of identity theft, the recovery process can take months, if not years.
Taking protective measures to safeguard your financial information can ensure your credit card details don’t fall into the wrong hands.
Ways credit card information can be stolen
There are many ways credit card fraud can occur. Below are some of the most common types of fraud.
Stealing your card
This is probably the least complicated way for a thief to get your credit card. Pickpockets and purse-snatchers will use your card to go on a shopping spree and sell the items in the future. Sometimes they tap your card for several small items or can figure out your personal identification number (PIN) easily and make larger purchases…
