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
Royal Bank, TD and CIBC hike mortgage rates Jan 13th
Three of Canada's biggest banks have hiked the rate on their benchmark five-year mortgage, and more are expected to follow suit..... More »
A New Year Rate Hike + MORE Jan 8th
It has been a busy start to the new year – mortgage rates are up, stock markets are down, and that holiday credit card bill is looming. Is your wallet feeling the pressure yet? Start your year off with our top tips for paying holiday debt off fast, and catch up on this week’s breaking mortg.... More »
Wall St. hits another record high, as TSX edges up and loonie breaks 80 cents US Oct 3rd
TORONTO _ Wall Street set another record high Tuesday on relatively minor movements as Canada’s largest stock index inched forward and the loonie cleared 80 cents US.
In New York, the Dow Jones industrial average gained 84.07 points to 22,641.67. The S&P 500 index edged up 5.46 points to 2.... More »
Millions in suspected Russian crime proceeds flowed through Canadian banks, companies May 10th
A powerful Russian crime syndicate that’s accused of laundering hundreds of millions of dollars around the world appears to have also flowed millions through nearly 30 Canadian bank accounts..... More »
Investing in Gold: How to Buy Gold in Canada Oct 14th
Have you considered buying gold as a hedge against inflation? Do you want to diversify your investment portfolio by adding gold exposure? Whatever your reasons, it’s never been easier for Canadians to buy gold. In this article, I’ll share three ways to invest in gold and let you know if gold is .... More »
What Happened To My Student Bank Rates?
– ratesupermarket.ca
By Derek Nicholson
Student bank accounts offer up great savings for those who need it most, providing most commonly used bank features at a discount – and often with no monthly fees at all.
In order to acquire a discounted student bank account, your bank will require you to provide proof of full-time enrollment. This is easily accomplished by providing a copy of your most up-to-date school schedule to your closest branch – little effort on your end with savings that are definitely worth it! From there, it’s your responsibility to renew your student status in accordance to the time frame set by your bank upon opening the account. Banks provide the renewal date when they run through your account details, but having to remember everything in one fell swoop can prove to be quite difficult.
Also read: 3 Ways to Really Save When You’re a Student
As a student myself, it recently it came to my attention that a less-active bank account of mine switched from a no-fee student account to a regular everyday chequing account…
Canada’s biggest banks are scheduled to report their fiscal second-quarter earnings this week, results that will test how lenders are coping with lower oil prices and sluggish economic growth.
What Happened To My Student Bank Rates?
– ratesupermarket.ca
By Derek Nicholson
Student bank accounts offer up great savings for those who need it most, providing most commonly used bank features at a discount – and often with no monthly fees at all.
In order to acquire a discounted student bank account, your bank will require you to provide proof of full-time enrollment. This is easily accomplished by providing a copy of your most up-to-date school schedule to your closest branch – little effort on your end with savings that are definitely worth it! From there, it’s your responsibility to renew your student status in accordance to the time frame set by your bank upon opening the account. Banks provide the renewal date when they run through your account details, but having to remember everything in one fell swoop can prove to be quite difficult.
Also read: 3 Ways to Really Save When You’re a Student
As a student myself, it recently it came to my attention that a less-active bank account of mine switched from a no-fee student account to a regular everyday chequing account…
