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Coast Capital, the country’s largest federal financial cooperative, with nearly 600,000 members, is helping Canadians get a leg up with its new Elevate Chequing Account which could help you advance your career and potentially get paid more. Forget everything you think you know about a chequing account, because Coast Capital is rewriting the rules and redefining what it means to have a long-term relationship with its members.
Building better financial futures
Sure, you get all the premium banking features you’d expect, including free Interac e-Transfers, more included ATM transactions, credit card rebates and online ID theft monitoring, but the Elevate Chequing Account also comes with access to Coursera’s global online learning platform for free. (Limitations apply. Visit coastcapitalsavings.com/elevate to learn more.) Valued at $538 per year, this benefit gives individuals and entrepreneurs the opportunity to learn in-demand skills and earn industry micro-credentials to help boost their earning potential…
How to build credit history in Canada
– moneysense.ca
In Canada, a credit history is a person’s track record of using credit (borrowing money) and repaying debt. Your credit history can affect many aspects of your financial life—from getting approved for a credit card or renting an apartment to taking out a mortgage or a car loan, among other things. In some instances, even potential employers may check your credit report (a summary of your credit history).
If you’re a newcomer to Canada, a recent graduate, a student or a young adult, your credit score—a number calculated based on your credit history—is likely low or non-existent, meaning that you don’t have enough credit activity to even determine a score. One of the most beneficial things you can do for your financial health is to learn how to build your credit history in Canada.
Featured CREDIT CARDS
featured
Balance transfer credit card
An ideal option for cardholders looking to consolidate and manage debt, the card has a 0% balance transfer offer for 12 months (with 3% transfer fee)…
