Canada has several major banks and many schedule II banks – but with rates and plans all over the map, it’s difficult to know where to bring your business. Our aim is to help you navigate Canada’s banking options to discover which one suits your needs best.
Latest News
Mortgages from big banks consistently cost Canadians more, says rate comparison site + MORE Feb 12th
Mortgage rates from Canada's big banks were consistently more expensive than those offered by smaller lenders last year, according to the latest findings from LowestRates.ca..... More »
A 2.5% high interest savings account sounds better than it is + MORE Apr 17th
The battle for your cash is on. A recent survey for the newly re-branded Tangerine found that 59% of Canadians expect a tax refund this year with 37% banking on a refund of $1,000 or more. It’s no wonder online banks including Tangerine as well as PC Financial have both announced 2.5% promotio.... More »
Banks and other industries embrace biometrics to boost security, convenience Jul 22nd
TORONTO – In the not-too-distant future, your bank will be able to prevent fraud by learning how you type, your car will unlock when it senses the electrical activity of your heart and the security system at your office will recognize your facial features.
That’s according to experts in .... More »
Clinton says she would break up “big banks” if needed Nov 21st
NORTH CHARLESTON, S.C. – Hillary Rodham Clinton said in South Carolina on Saturday she is willing to split apart big financial institutions should the need arise.
The Democratic primary front-runner told Democrats gathered at a rally in North Charleston that she has the “toughest” .... More »
Do you need that bank mutual fund? Maybe not Jul 10th
A regulator-led survey of Ontario mutual fund dealers based out of big banks finds a sizable minority are not always acting in the interests of clients.
The survey of close to 3,000 dealers by the Ontario Securities Commission and the Canadian Investment Regulatory Organization found that 25% say.... More »
New: Save Big With Credit Card Rewards Calculators
– ratesupermarket.ca
I used to pay $1,194 more per year on my credit card. My biggest mistake – carrying a $6,000 balance on a credit card with an annual interest rate of 19.90 per cent. Not only was I shelling out almost 20 per cent in interest on a balance I’d been lugging around forever, but I wasn’t earning even a single point or mile for my trouble.
Realizing Your Options
Then I got wise to my mistakes – I realized I was paying more than I had to, and it was time to take action (you can read more about my credit repairing saga here). I focused instead on paying my debt down and now keep my credit pristine with a card that charges zero fees – and zero interest – and it was made possible by knowing my options.
3 Credit Card Questions To Ask
It’s a huge misconception that all credit cards are created equal. So many consumers (myself included!) are suckered into a signing up for a non-competitive, higher interest product due to convenience; banks will mail their pre-approved credit card offers right to your door…
New: Save Big With Credit Card Rewards Calculators
– ratesupermarket.ca
I used to pay $1,194 more per year on my credit card. My biggest mistake – carrying a $6,000 balance on a credit card with an annual interest rate of 19.90 per cent. Not only was I shelling out almost 20 per cent in interest on a balance I’d been lugging around forever, but I wasn’t earning even a single point or mile for my trouble.
Realizing Your Options
Then I got wise to my mistakes – I realized I was paying more than I had to, and it was time to take action (you can read more about my credit repairing saga here). I focused instead on paying my debt down and now keep my credit pristine with a card that charges zero fees – and zero interest – and it was made possible by knowing my options.
3 Credit Card Questions To Ask
It’s a huge misconception that all credit cards are created equal. So many consumers (myself included!) are suckered into a signing up for a non-competitive, higher interest product due to convenience; banks will mail their pre-approved credit card offers right to your door…
