Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
Good habits that can help you improve your credit score Jan 1st
You probably know you should care about your credit score, but do you know why? Simply put, this three-digit number can either help or hurt you in your journey towards financial wellbeing—and it can have far-reaching effects.
Your credit score affects your chances of getting approved for a cre.... More »
Meridian Gets Competitive; Posts Lowest Two-Year Fixed Mortgage Rate on the Market + MORE Mar 15th
Meridian is making news as of late, as it recently posted the lowest two-year fixed-interest rate in recent Canadian history, compared to the “Big Five” banks and other lenders on the market. As Ontario’s largest credit union, Meridian is offering a two-year fixed mortgage at 1.98 percent.
T.... More »
The best GIC rates in Canada for 2025 + MORE Jan 5th
GIC comparison tool
Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
The Day After: The Oilers cruise to another win over Ottawa - Oilers Nation + MORE Mar 13th
The Day After: The Oilers cruise to another win over Ottawa Oilers NationOilers pile on Senators as Tippett’s bet on McDavid-Draisaitl reunion pays off Sportsnet.caSenators @ Oilers 3/12/21 | NHL Highlights NHLMcDavid, Draisaitl help Oilers continue their dominatio.... More »
Bank of Canada Keeps Rate Steady at 1.25%… But Increase is Imminent + MORE Apr 18th
As widely expected, the Bank of Canada decided to keep its key interest rate at 1.25 per cent. This is the second announcement in a row where interest rates have been kept steady this year, after Bank of Canada Governor Stephen Poloz kicked off 2018 with a quarter-point hike.
New forecasts from the.... More »
4 Tips to Avoid the Post-Holiday (Financial) Hangover
– ratesupermarket.ca
Christmas has already come and gone and today we’re honouring Blue Monday, the (unofficially) most depressing day of the year. The day is calculated by factoring in things such as weather and, yes, debt level as people start to receive their credit card statements from December.
Maybe this year you – and your wallet – are feeling the blues from a holiday season of high-spending. Paying down your credit card debt may currently be your number one priority and your new year’s resolution is to be more fiscally responsible. So, instead of leaving your holiday planning to last minute and putting everything on credit, you’re going to plan ahead of time… starting now! It may sound unrealistic – who starts planning for Christmas is January? – but the only way to avoid a hangover is by taking preventative measures. Drink a lot of water and follow these simple steps to never have debt-plagued January again.
Use last year’s spending to plan this year’s budget
You have all of the receipts and bills in front of you, so now is the best time to review exactly how much you spent on gifts, food, and other expenses over the holiday season…
