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
Unsecured or Secured Credit Cards – What’s the Difference? May 10th
Are you looking for secured credit cards? Not sure if you should open a secured or unsecured card? If you’re rebuilding your credit score, a secured credit card can help you get your credit back on track. An unsecured credit card requires you to have established credit and can often include t.... More »
The best high-interest savings accounts in Canada for 2024 + MORE Dec 16th
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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MoneySense is an award-winning magazine, helping Canadians navigate mo.... More »
Tracking Receipts with the UGO Mobile Wallet + MORE Jul 19th
There’s been a lot of innovation in the banking space lately, an area that is typically resistant to change. Just recently, the big banks got on board and started offering Apple Pay. Now, innovators have introduced the UGO Mobile Wallet.
Today smartphones are so much more than just a phone. Users.... More »
HISAs vs. bonds and GICs: Where should Canadians hold their cash? Jan 10th
“Bonds are back,” you may have read on a financial news site or heard a financial advisor say recently. True enough, money is flowing into these fixed-income investments at the highest rate in years, and for good reasons.
In fact, Canadian savers have an abundance of good choices right now f.... More »
Impak uses crowdfunding to join premier banks Oct 15th
The upstart is part of an emerging movement of fintech companies that apply technology to traditional finance
.... More »
The Future of FinTech
– ratesupermarket.ca

The way we manage our money – from the bank branch to the checkout lane – is rapidly changing in Canada. New tap technology, automated investments and biotech solutions have traditional bankers scrambling to keep up – how can consumers navigate this ever-changing financial reality?
This week, we’ve rounded up the biggest advances on the way for your wallet. Read on for the full story.
Are Interchange Fees Holding Apple Pay Canada Back?
Why is Apple Pay Canada only available via American Express cards? That the tech giant might be tangled with Canada’s big banks over interchange fees is a potential theory. Here are the details on the long-awaited payment app’s launch, and when Visa and MasterCard customers may get in on the action.
Read Penelope’s Blog | Are Interchange Fees Holding Apple Pay Canada Back?
The Pros and Cons of Robo-Advisors
The world of investing can be daunting for many – and filled with fees. Robo-advisors are growing in popularity in Canada for their lower fee structure and automated advice…
The Future of FinTech
– ratesupermarket.ca

The way we manage our money – from the bank branch to the checkout lane – is rapidly changing in Canada. New tap technology, automated investments and biotech solutions have traditional bankers scrambling to keep up – how can consumers navigate this ever-changing financial reality?
This week, we’ve rounded up the biggest advances on the way for your wallet. Read on for the full story.
Are Interchange Fees Holding Apple Pay Canada Back?
Why is Apple Pay Canada only available via American Express cards? That the tech giant might be tangled with Canada’s big banks over interchange fees is a potential theory. Here are the details on the long-awaited payment app’s launch, and when Visa and MasterCard customers may get in on the action.
Read Penelope’s Blog | Are Interchange Fees Holding Apple Pay Canada Back?
The Pros and Cons of Robo-Advisors
The world of investing can be daunting for many – and filled with fees. Robo-advisors are growing in popularity in Canada for their lower fee structure and automated advice…


