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?
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The best high-interest savings accounts in Canada for 2025 + MORE Sep 15th
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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Could Covid-19 Cause Cashless Payments to Be the New Normal? Jun 23rd
It’s hard to pay from six feet away.
Plus, the idea of touching cash is making many queasy these days, which is why the COVID-19 pandemic may be speeding up the move to a cashless society.
According to a recent survey by Payments Canada, which compared spending behaviours pre-COVID-19 and at five.... More »
Best Canadian Renewable Energy Stocks: Earn More While Going Green Dec 13th
Stock investors look to new asset classes to diversify their portfolios while looking for new growth opportunities. For years, financials (banks) and energy companies like Enbridge or Canada Natural Resources have dominated the Canadian stock market. Lately, investors are paying more attention to co.... More »
The best high-interest savings accounts in Canada for 2025 + MORE Jun 30th
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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Scotiabank Passport™ Visa Infinite* Review + MORE May 17th
Attention MoneyWise readers! Sign up for the Scotiabank Passport™ Visa Infinite* Card today and for a limited time, get up to 25,000 bonus points with your first $1,000 in everyday purchases in the first three months. That’s already $250-worth of rewards!
And for a limited time, get $75 IN.... More »
Spending Season Savvy
– ratesupermarket.ca
Forget the sweater weather and pumpkin spice lattes – fall is spending season; from back-school to trick-or-treat, it seems there’s a reason each week to go beyond the budget. It takes real consumer savvy to keep autumn costs down – so this week, MoneyWise brings you ways to save in the kitchen, in your wallet, and on your house hunt. Read on for today’s top headlines.
In Mortgages: The 7-Year Itch: Is Your Condo Built to Last?
Condos are booming in Canada, especially in big urban centres like Toronto. But as developers race against steep demand, are they sacrificing quality? Recent headlines of falling glass and shoddy workmanship have many cautious buyers second guessing their condo purchase.
How can you tell if your new condo will outlast its warranty? Read on for our tips on selecting a solidly-built home.
Read Rubina’s Blog | Is Your Condo Built to Last?>
In Credit Cards: Costco Credit Card Switch: Are Consumers Missing Out?
Wholesale club retailer Costco changed up its credit card rewards partnerships this year, switching from American Express to MasterCard as the officially accepted card in store…
Costco Credit Card Switch: Are Customers Losing Out?
– ratesupermarket.ca
Costco did a bit of card shuffling back in September, when it announced it would no longer be accepting American Express cards at its Canadian stores as of January 1, 2015. Previously, Amex was the only credit card accepted at Costco and together the companies offered a partnership card called TrueEarnings, now discontinued.
The change-up is specific to Canada, and comes after the companies were unable to reach an agreement ahead of their contract expiry at the end of December. In a phone interview with The Globe and Mail, David Barnes — a spokesman for Amex in Canada — said “The terms of the contract was up, Amex and Costco entered into negotiations and were unable to come to terms. This is very specific and exclusive to Canada.”
How does the news affect Costco customers? TrueEarnings cardholders are being switched over to the new Amex SimplyCash card and MasterCard will now be the accepted credit card at Costco Canada stores. Those being migrated over will not lose their Costco membership…
