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
European Central Bank to get questions about Greece, but may not turn on credit tap just yet + MORE Jul 16th
FRANKFURT – European Central Bank head Mario Draghi faces a blizzard of questions about Greece at his news conference Thursday.
His appearance follows a meeting at which, analysts say, the bank may hold off on restoring emergency credit to Greek banks despite the dire situation there.
Greece d.... More »
The best GIC rates in Canada for 2025 + MORE Sep 23rd
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 »
Fighting Back Against Fees + MORE Aug 7th
When it comes to hidden surcharges and fees, Canadians are seeing red – and it’s no wonder, as our nation’s big banks have amped costs and cut back on services, according to a recent study. But it’s not all bad news – an ATM network provided by Canada’s alternative lenders and c.... More »
The best GIC rates in Canada for 2026 Jun 16th
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 best high-interest savings accounts in Canada for 2025 + MORE Oct 7th
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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Are Your Borrowing Habits to Blame?
– ratesupermarket.ca

It’s no secret that the bargain-basement cost of borrowing in Canada tempts consumers into taking on more debt; it’s a great time to apply for a mortgage, line of credit, and other types of variable-based loans. But that isn’t stopping most of us from racking up our credit cards – the most expensive debt out there.
Read on for the findings from our recent Debt Denial survey – and what’s potentially to come for mortgage borrowing in Canada.
INFOGRAPHIC: 27.5% of Canadians are in Credit Card Denial
When it comes to understanding our debt, over a quarter of Canadians are getting it wrong. Our Debt Denial study finds the truth about how our credit card balances stack up to the national average – and it isn’t pretty.
Check out our infographic and calculator to see if YOU are in debt denial!
Read Penelope’s Blog | 27.5% of Canadians are in Credit Card Denial
Low Oil Leads to Slower Home Sales: CREA
Sliding oil prices have finally caught up with Canada’s housing market; the latest numbers from Stats Can and the Canadian Real Estate Association find sales activity slowed this month by 3…


