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 2026 May 25th
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 Apr 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.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Toronto stock index climbs on banks, industrials + MORE May 23rd
Canada's main stock index chalked up a moderate gain today as financial stocks got a boost ahead of Canadian bank earnings this week..... 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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Aggressive Acquisition Strategy Hits Scotiabank’s Stock Price as Investor Skepticism Mounts Sep 13th
The Globe and Mail, Tim Kiladze, 12 September 2018
After a stunning run of acquisitions, Bank of Nova Scotia is feeling the heat. Shares of Canada’s third-largest lender are suffering relative to rival Big Six banks, and the pressure is on management to prove its recent spate of deals was worth i.... More »
Brexit fallout: Worst yet to come for central banks
– theglobeandmail.com
Bank leaders should be prepared to be quick with liquidity if needed, slow to change interest rates
What’s the impact of Brexit on London?
– macleans.ca
Office lights are on in banks as dawn breaks behind the financial district of Canary Wharf, in London, Britain June 24, 2016. (Neil Hall/Reuters)Home to more than 250 foreign banks and the world’s largest foreign exchange market, London has grown into a glittering global financial hub that, according to a 2015 ranking, now tops New York. But following the U.K.’s vote to leave the European Union, the British capital’s status as pinstriped powerhouse is suddenly being called into question—along with tens of thousands of high-paying jobs.
Foreign financiers gravitated to skyscrapers in the City of London and nearby Canary Wharf over the past four decades for two main reasons: London is an English-speaking European capital (English is the language of global finance) and, thanks to the EU’s “single passport” system, all U.K.-headquartered banks are permitted to seamlessly open branches or offer services throughout the 28-member—soon to be 27-member—block…
Review: MBNA Rewards MasterCard®
– ratesupermarket.ca
Are you looking for a card that gets you rewards for travel or merchandise, as well as cash back? MBNA, a division of the Toronto-Dominion bank, has unveiled another card to help you earn rewards that you can put towards your passions. This group of cards are associated with hundreds of Canadian membership organizations as well as sports teams, educational and financial institutions and charities. The new MBNA Rewards MasterCard® acts as multiple cards in one, is easy to use and has no annual fee.
Card Details
How to Qualify for the Card
You are a Canadian resident with a Canadian credit file
You must be the age of majority in your province or territory of residence
You have not filed for bankruptcy and don’t have any seriously past due payments
Value of one MBNA rewards point: $1.00
What are the best credit cards in Canada? Check out our 2015 Best of Finance picks for travel, merchandise and gift card rewards!
Sign Up Bonus: Average
The 5,000 sign up points that the cardholder receives after their first eligible purchase amounts to $50…
