Learn more about Canada’s top banks rates, rules and the latest news – read on!
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Inflation and investments: Heads up if you’re retired or retiring soon Jan 17th
The year 2022 was the one when inflation morphed from a minor concern to a major worry for investors, especially those hoping to retire sometime in the not-too-distant future. While central banks are well into their programs to curb inflation through periodic rises in interest rates, it could take t.... More »
The best high-interest savings accounts in Canada for 2026 + MORE Apr 28th
Savings comparison tool
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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More Canadians are rethinking their bank. Should you? Jul 22nd
Clinton Begin was growing tired of frequent visits to bank branches and calling into the trading desk to check on various transactions. “There (were) a lot of things that just took too much of my time. I was always phoning, always going to visit them. It was always a big deal,” he recalled.
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Best Kids Bank Accounts: How to Help Your Child Start Saving Today Nov 8th
One of the best ways to set your child up for financial success early on is by opening them a youth bank account. With their account, you can begin to teach them important personal finance lessons, such as careful budgeting, smart saving, and mindful spending.
You may think that all youth savings ac.... More »
How to use your credit card responsibly + MORE May 30th
Credit cards are a part of everyday life. They’re a convenient and safe way to pay for your purchases, and they often come with perks and benefits. Plus, when you use a credit card responsibly, you can build up your credit score, which can help you access loans, mortgages or other types of credit.... More »
Switching to a better bank account
– moneysense.ca
Almost every adult Canadian has a bank account, according to the Canadian Bankers Association. And there are practical reasons for that: most of us need a bank account to cover rent or mortgage payments, receive paycheques and to maintain our lifestyles.
But what if you’re looking for a bank account with more perks? With 88 banks in the country, there’s enough choice out there for those who want to switch. But the process is time-consuming and, frankly, confusing. Where to start? If you’re looking to change banks, here’s how to switch without disruptions to your paycheque or recurring bill payments—and without a lot of stress for you.
Decide where to move your money
First step: Figure out what you want from your new bank. It could be a more flexible chequing account with no fees on everyday transactions, a decent interest rate on savings, a rewards program or better customer service. (Scotiabank’s Ultimate Package*, for instance, offers all of the above, and waives up to $139 credit card fees each year…
But what if you’re looking for a bank account with more perks? With 88 banks in the country, there’s enough choice out there for those who want to switch. But the process is time-consuming and, frankly, confusing. Where to start? If you’re looking to change banks, here’s how to switch without disruptions to your paycheque or recurring bill payments—and without a lot of stress for you.
Decide where to move your money
First step: Figure out what you want from your new bank. It could be a more flexible chequing account with no fees on everyday transactions, a decent interest rate on savings, a rewards program or better customer service. (Scotiabank’s Ultimate Package*, for instance, offers all of the above, and waives up to $139 credit card fees each year…
