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?
Latest News
The best 5-year fixed mortgage rates in Canada Mar 22nd
Mortgage rate comparison tool
Customize the filters to compare rate types and terms.
powered by
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance .... More »
The best high-interest savings accounts in Canada for 2024 Jul 29th
Save
The best high-interest savings accounts in Canada for 2024
Here are the accounts offering the highest interest rates and lowest fees.
Compare now
Tap the button for more details.
W.... More »
The best credit cards for airport lounge access in Canada for 2023 Nov 4th
Spend
The best credit cards for airport lounge access in Canada for 2023
Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required.
Find my perfect card.... More »
Canada’s best credit cards for grocery purchases 2022 Nov 17th
Everybody needs to put food on the table, so you might as well earn rewards while doing so. Considering that in 2022 the price of food in Canada has risen at the fastest pace in decades, with the annual rate of food inflation sitting above 10% in recent months, there’s no better time to earn usefu.... More »
The best travel credit cards in Canada for 2024 + MORE Oct 21st
Credit card comparison tool
Compare your travel card options with our interactive tool and filter credit cards based on rewards value, annual fees, income requirements and more.
<script src="https://www.ratehub.ca/scripts/rh-widget-loader.js" rh-aff-id="780" rh-lang=&quo.... More »
Outlook Financial Review: Canadian Online Banking Made In Manitoba
– canadianfinanceblog.com
There are several online banks owned by credit unions in Canada. Outlook Financial is one of them. A division of Winnipeg-based Assiniboine Credit Union, Outlook offers banking products and services to customers across Canada. In this Outlook Financial review, I’ll let you know what they have to offer, how their rates and fees compare to other online banks, and how you can open an account.Outlook Financial Products
Most digital banks have a limited product offering, and Outlook Financial is no different. They don’t offer lending products like credit cards, loans, or mortgages, nor can you buy market investments, like mutual funds or ETFs. Here is a list of the available products:
Outlook Financial High-Interest Savings Account
Guaranteed Investment Certificates (GICs)
Tax-Free Savings Account (TFSA)
Registered Retirement Savings Plan (RRSP)
Registered Retirement Income Fund (RRIF)
Outlook Financial Savings Account
Outlook’s primary account is a high-interest bank account, which can be non-registered or registered…
