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?
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The best GIC rates in Canada for 2024 + MORE Oct 8th
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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The best GIC rates in Canada for 2026 + MORE Apr 21st
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 »
TD Bank stock: Steer clear or buy the dip? May 16th
TD Bank is making headlines for the wrong reasons and creating a potential buying opportunity for investors in the process.
Here’s what I know about TD Bank’s anti-money laundering troubles so far. Canada’s second-largest bank was loose in implementing the required checks and balances. It w.... More »
Canada’s best Mastercard credit cards for 2023 Jan 3rd
Mastercard is one of the most widely accepted credit cards in the world, and its association with the Bank of Montreal and status as the only card you can use at Costco make it a strong choice for everyday spending. Whatever you need in a credit card—whether it’s opportunities to earn cash or re.... More »
The best high-interest savings accounts in Canada for 2024 + MORE Jun 24th
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The best high-interest savings accounts in Canada for 2024
Here are the accounts offering the highest interest rates and lowest fees.
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Best Kids Bank Accounts: How to Help Your Child Start Saving Today
– canadianfinanceblog.com
One of the best ways to set your child up for financial success early on is by opening them a youth bank account. With their account, you can begin to teach them important personal finance lessons, such as careful budgeting, smart saving, and mindful spending.
You may think that all youth savings accounts are the same, but you’d be surprised to know that the features vary between the different banks and credit unions. To help you find the right account to help your child save money, I’ve created the following guide to Canada’s best kids’ bank accounts. Before we dive into the list, here are some things to consider when choosing a children’s savings account.
What to Look for In a Youth Bank Account
While most youth bank accounts in Canada offer free banking, some accounts offer more interest than others, not to mention other unique perks. For example, two banks on this list are currently offering kids a $25 bonus just for signing up. And Scotiabank lets kids 14 and over earn rewards when they spend…
You may think that all youth savings accounts are the same, but you’d be surprised to know that the features vary between the different banks and credit unions. To help you find the right account to help your child save money, I’ve created the following guide to Canada’s best kids’ bank accounts. Before we dive into the list, here are some things to consider when choosing a children’s savings account.
What to Look for In a Youth Bank Account
While most youth bank accounts in Canada offer free banking, some accounts offer more interest than others, not to mention other unique perks. For example, two banks on this list are currently offering kids a $25 bonus just for signing up. And Scotiabank lets kids 14 and over earn rewards when they spend…
