Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
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The best GIC rates in Canada for 2025 + MORE May 27th
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.
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MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Making sense of the markets this week: November 2 Oct 31st
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Big, juicy Canadian dividend stocks are on sale
In Canada, we now have the largest spread (in three decades) between Canadian bond yields and the Canadian high dividend inde.... More »
How to Encourage Employees to Return to the Office Jun 20th
Intelliware is a software-development company based in Toronto that builds digital solutions and online platforms—apps and websites—for major institutions, including Canada’s banks. Prior to the pandemic, Intelliware had roughly 100 employees, 65 per cent of whom worked in the office every day.... More »
What to do when your mortgage renewal is declined + MORE Aug 27th
If you have a mortgage, you probably know that you need to renew it every so often—typically every two to five years depending on the term you choose—until you pay it off. What you might not realize, however, is that your lender is under no obligation to renew that mortgage contract when your te.... More »
The best high-interest savings accounts in Canada for 2024 + MORE Aug 19th
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The best high-interest savings accounts in Canada for 2024
Here are the accounts offering the highest interest rates and lowest fees.
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Quiz: How Well Do You Know Your Credit Card?
– ratesupermarket.ca
According to the 2019 Canada Credit Card Satisfaction Study by J.D. Power, “customers who fully understand the benefits offered by their credit card issuer have significantly higher satisfaction levels compared with those who do not completely understand the benefits.”
Customers are more satisfied with their credit card when they fully understand how to redeem rewards and can easily access the information regarding their benefits.
The study suggests that cash back is the most popular reward, with 30% of customers choosing this option. The choice of airline tickets was a distant second, with 23% selecting the reward type.
Furthermore, hotel and travel-related benefits were among the benefits with the most influence on the level of satisfaction. However, the study found that cardholders don’t frequently use these perks. Only 2% of cardholders use hotel benefits, and 6% use other travel-related benefits.
You might find that you don’t fully understand what is available through your credit card and how to use the features…
