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
Is your chequing account working hard enough? Jan 13th
Your chequing account could be the behind-the-scenes hero of your everyday banking activities, if you have the right one. The features can vary from bank to bank and financial institution to financial institution, so it makes sense to shop around if you’re opening a new chequing account or you wan.... More »
The best high-interest savings accounts in Canada for 2025 + MORE Mar 25th
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.
Advertisement
Why trust us
MoneySense is an.... More »
The Best Banking Products in Canada: 2016 Edition + MORE Nov 25th
RateSupermarket.ca ranks Canada’s top banking performers in savings, chequing and GICs
Interest rates may be low these days, but if you’re looking to make your money work for you in the best way possible, then there are still plenty of options. Canada’s banks offer a variety of products with .... More »
Nissan banks on after-sales ‘hyper-personalization’ revenue + MORE Nov 29th
YOKOHAMA, Japan – Nissan is going to offer internet access, safety technology and myriad accessory options the Japanese automaker calls “hyper-personalization,” not only in new models but also for vehicles people already own.
Nissan Motor Co. Corporate Vice-President Kent O’H.... More »
Bank of Canada may lose billions in coming years, think tank warns - CBC News + MORE Jan 12th
Bank of Canada may lose billions in coming years, think tank warns CBC NewsOpinion: The Bank of Canada's millions in balance-sheet losses are only the beginning The Globe and MailPosthaste: Bank of Canada could lose up to $8.8 billion over next few years: report Fina.... More »
European Central Bank head: Governments must encourage hiring, reduce jobless rate
– canadianbusiness.com
FRANKFURT – European Central Bank head Mario Draghi said Friday the bank is ready to do more to boost the shaky recovery in the 18 countries that use the euro — but warns governments must join in efforts to reduce stubbornly high unemployment.
“We stand ready to adjust our policy stance further” if needed to help the weak recovery, Draghi said in the text of a speech at the U.S. Federal Reserve conference in Jackson Hole, Wyoming.
The bank has cut interest rates, offered cheap loans to banks and is weighing asset purchases to pump more money into the economy.
His printed comments did not offer new guidance on when the bank might take action.
Instead, they underscored the standoff between Draghi and national governments in countries such as France and Italy. The French in particular have pushed for the ECB to do more, while Draghi has insisted that it’s the governments in the multi-national euro that must take politically difficult steps to make their economies more business-friendly…
“We stand ready to adjust our policy stance further” if needed to help the weak recovery, Draghi said in the text of a speech at the U.S. Federal Reserve conference in Jackson Hole, Wyoming.
The bank has cut interest rates, offered cheap loans to banks and is weighing asset purchases to pump more money into the economy.
His printed comments did not offer new guidance on when the bank might take action.
Instead, they underscored the standoff between Draghi and national governments in countries such as France and Italy. The French in particular have pushed for the ECB to do more, while Draghi has insisted that it’s the governments in the multi-national euro that must take politically difficult steps to make their economies more business-friendly…
Get More Money From Your Main Bank
– ratesupermarket.ca
Did you know: Canadians identify their “main bank” as the one where they keep their chequing account. 91% of consumers have one at their primary lender, according to our recent study. But things get foggier when it comes to why they signed up with their bank in the first place – in a recent street poll, many stated they’d been with their banks since childhood. Seems like it’s high time we explored our options for greater value!
You can check out the full study – and the included video below, along with this week’s top headlines.
VIDEO: Canadians Are Willing to Switch Banks… If the Price is Right
Canadians may be a loyal bunch when it comes to the “Big 5” lenders – but even the most dedicated consumer would switch banks for significant savings. A recent survey conducted by RateSupermarket.ca, Canada’s comprehensive rate comparison site, found 84% of consumers would consider a switch – as long as they’d save an average of $644.43.
Read on for the full study AND our new video!
VIDEO | Canadians Are Willing to Switch Banks… If the Price is Right
Ask the Experts: Should We Tear Down Our Home?
Introducing our Ask the Expert series! We’ll be answering your top finance questions – and looping in the top experts to share their wisdom…
You can check out the full study – and the included video below, along with this week’s top headlines.
VIDEO: Canadians Are Willing to Switch Banks… If the Price is Right
Canadians may be a loyal bunch when it comes to the “Big 5” lenders – but even the most dedicated consumer would switch banks for significant savings. A recent survey conducted by RateSupermarket.ca, Canada’s comprehensive rate comparison site, found 84% of consumers would consider a switch – as long as they’d save an average of $644.43.
Read on for the full study AND our new video!
VIDEO | Canadians Are Willing to Switch Banks… If the Price is Right
Ask the Experts: Should We Tear Down Our Home?
Introducing our Ask the Expert series! We’ll be answering your top finance questions – and looping in the top experts to share their wisdom…
MBNA Cardholders: What You Need to Know About Your Transition to TD
– ratesupermarket.ca
MBNA cardholders are in for a few changes come late September; they are the latest customers to undergo a post-acquisition transition to TD. The banking giant, which bought MBNA in December 2011, will begin the process of moving MBNA credit card accounts to their system, which is stated to have “new options, increased security and a new telephone banking voice”.
However, unlike the CIBC-TD customer transition this June, all MBNA customers will be keeping their original cards and pins, with no replacements or resets required. That said, there are a few changes and service interruptions to take note of, which we’ve summarized below. It will be interesting to see if the transition occurs without the hiccups experienced during the aforementioned CIBC customer switch; stay tuned for updates ( and note that yours truly is an MBNA cardholder).
What Is Staying the Same?
Your MBNA card: Cardholders can rest easy knowing there will be no product switch in their near future; all current credit cards will continue to operate under the MBNA brand, with no changes to their features, rewards or pins…
Get More Money From Your Main Bank
– ratesupermarket.ca
Did you know: Canadians identify their “main bank” as the one where they keep their chequing account. 91% of consumers have one at their primary lender, according to our recent study. But things get foggier when it comes to why they signed up with their bank in the first place – in a recent street poll, many stated they’d been with their banks since childhood. Seems like it’s high time we explored our options for greater value!
You can check out the full study – and the included video below, along with this week’s top headlines.
VIDEO: Canadians Are Willing to Switch Banks… If the Price is Right
Canadians may be a loyal bunch when it comes to the “Big 5” lenders – but even the most dedicated consumer would switch banks for significant savings. A recent survey conducted by RateSupermarket.ca, Canada’s comprehensive rate comparison site, found 84% of consumers would consider a switch – as long as they’d save an average of $644.43.
Read on for the full study AND our new video!
VIDEO | Canadians Are Willing to Switch Banks… If the Price is Right
Ask the Experts: Should We Tear Down Our Home?
Introducing our Ask the Expert series! We’ll be answering your top finance questions – and looping in the top experts to share their wisdom…
You can check out the full study – and the included video below, along with this week’s top headlines.
VIDEO: Canadians Are Willing to Switch Banks… If the Price is Right
Canadians may be a loyal bunch when it comes to the “Big 5” lenders – but even the most dedicated consumer would switch banks for significant savings. A recent survey conducted by RateSupermarket.ca, Canada’s comprehensive rate comparison site, found 84% of consumers would consider a switch – as long as they’d save an average of $644.43.
Read on for the full study AND our new video!
VIDEO | Canadians Are Willing to Switch Banks… If the Price is Right
Ask the Experts: Should We Tear Down Our Home?
Introducing our Ask the Expert series! We’ll be answering your top finance questions – and looping in the top experts to share their wisdom…
