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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When a bank’s not a bank: How fintech—and neobanks in particular—are transforming banking in Canada + MORE Jan 19th
Neobanks and challenger banks are fintech (financial technology) firms that offer banking services, usually online only. These digital upstarts offer alternatives to the mainstream banking products and services we’re accustomed to.
The Canadian banking system is known worldwide for its strength.... More »
The best GIC rates in Canada for 2025 Apr 7th
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.
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MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
The best high-interest savings accounts in Canada for 2025 + MORE Sep 8th
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.... More »
The best GIC rates in Canada for 2024 Jun 13th
Investing
The best GIC rates in Canada
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
Compare now
Why trust us
MoneySense is an award-winning magazine,.... More »
“Help! My RRSPs are all over the place” + MORE Aug 10th
As Canada’s financial services sector expands to include new online banks, credit unions, robo-advisors, brokerages and more, so does the likelihood that you have a ragtag number of registered savings plans with multiple institutions. For example, you may have set up an employer-sponsored plan at .... More »
Achieva Financial Review: Digital Banking from the Heart of Canada
– canadianfinanceblog.com
Canadians are fortunate to have so many choices regarding no-fee online banking and high-interest savings accounts. Names like Tangerine, EQ, and Simplii have become commonplace, to mention just a few. But if you’re shopping around for a digital bank to deal with, there’s another name you can add to your list: Achieva Financial.
What Is Achieva Financial?
Achieva Financial is a digital bank that’s based in Manitoba but does business with customers across Canada. It’s owned by Cambrian Credit Union, a well-known Manitoba financial institution with eleven locations throughout Winnipeg and nearby Selkirk.
Because Achieva is a digital bank, there are no physical branches. Instead, clients can access products online at competitive rates and prices. Let’s take a closer look at what’s available.
Achieva Account Types
The Achieva Financial product lineup comprises four savings account types and several Guaranteed Investment Certificates (GIC’s). While you can’t get a mortgage or loan, their savings rates are attractive, especially when comparing them with the Big 6 banks…
What Is Achieva Financial?
Achieva Financial is a digital bank that’s based in Manitoba but does business with customers across Canada. It’s owned by Cambrian Credit Union, a well-known Manitoba financial institution with eleven locations throughout Winnipeg and nearby Selkirk.
Because Achieva is a digital bank, there are no physical branches. Instead, clients can access products online at competitive rates and prices. Let’s take a closer look at what’s available.
Achieva Account Types
The Achieva Financial product lineup comprises four savings account types and several Guaranteed Investment Certificates (GIC’s). While you can’t get a mortgage or loan, their savings rates are attractive, especially when comparing them with the Big 6 banks…
