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.
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What fast-rising interest, inflation and bond rates mean for investors May 31st
Choppy trading. Prepare to keep seeing these two words in the headlines as the financial markets adapt to ongoing interest rate hikes by the Bank of Canada (BoC) and the Federal Reserve in the U.S. While this is causing volatility as some investors and pundits worry a recession is around the corner,.... More »
How to get a mortgage (when you’re not the ideal borrower) + MORE Jul 25th
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If you’re a credit-worthy employee at a Fortune 500 company and don’t have much debt, the mortgage world is your oyster. Banks knock on your door looking to give you the best rates, most advantageous terms and any other perks they can use to get your business. You’re an A.... More »
The best high-interest savings accounts in Canada for 2025 + MORE Apr 1st
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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The best credit cards for airport lounge access in Canada for 2023 Nov 4th
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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.
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Researchers: Asian bank hacks may be linked to North Korea May 27th
NEW YORK, N.Y. – Cybersecurity researchers said North Korea might be connected to a recent attack that resulted in the theft of over $100 million from the Bangladeshi central bank and the attempted thefts of millions more from other Asian banks.
If the finding holds up, the attacks would amoun.... More »
Will MasterCard Debit Come to Canada?
– ratesupermarket.ca
MasterCard could be bringing its debit card program to Canada as early as next year. Experts say the move is an effort to grow its debit business outside of the U.S, where Visa rules the market.
According to the Canadian Payments Association, debit is the second most popular form of payment in Canada after cash. But Canadians wanting to pay with debit face limitations online, with most large retailers accepting only credit card and PayPal payments — the number of retailers who accept Interac payments online is growing, but remains small in comparison. MasterCard debit would be accepted online and for international in-store purchases made by Canadians travelling abroad.
Entering a New Credit Card Frontier
MasterCard’s move will likely be met with scrutiny, especially as the announcement comes on the heels of Visa and MasterCard entering an agreement to cap interchange fees (the fees they charge to retailers to process transactions) — an agreement that did not include debit card transactions…
Federal regulators are proposing that the eight biggest U.S. banks be required to further increase the amount of capital they set aside to cushion against unexpected losses.
