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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Britain’s top 10 U.K. banks may pay $9.2-billion a year in tax: study + MORE Sep 7th
The study conducted by accounting firm EY, said that a new surcharge on profits to be introduced by the British government will occur before an existing levy is phased out, which would hit some banks hard
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The best GIC rates in Canada for August 2023 Aug 29th
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The best GIC rates in Canada for August 2023
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
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The Best Online Banks in Canada for 2022 Oct 24th
According to the Canadian Bankers Association, 90% of Canadians reported using online banking in the past year, and almost 50% say that digital is their preferred banking channel. The trend towards online banking isn’t a new one, but it certainly was hastened by the isolation and mandatory quarant.... More »
Would You Buy A House With a Credit Card? Oct 20th
According to data from the National Association of Realtors, an overwhelming majority of homebuyers search for properties online and then purchase their home through a real estate agent.
But, if real estate search site BuzzBuzzHome has its way, that’s about to change.
For the past few years, the .... More »
The best high-interest savings accounts in Canada for 2023 + MORE Jun 15th
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The best high-interest savings accounts in Canada for 2023
Here are the accounts offering the highest interest rates and lowest fees.
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CIBC – TD Aeroplan Transition: Customers Speak Out
– ratesupermarket.ca
Last summer, CIBC announced the sale of roughly 550,000 of its Aeroplan credit card customers to TD in a three-way agreement between the two lenders and rewards provider Aimia. As of June 16th, the official transition for affected cardholders was complete – however, nearly a month later, many of these customers remain mired in transitional loose ends, calling TD to task for issues with accessing new cards, failing technology and all-around confusing customer service.
It’s the latter that has especially incensed transitioned cardholder Tom Smith, a former CIBC customer switched to the TD Aeroplan Visa Infinite. While he feels that his new card is “close to equivalent” in features to his old one, “the key differentiator in my view is the customer service, which in my opinion, is very poor.”
Granted, such a large-scale operation is sure to experience some blips – and it’s been reported that TD amped up their customer service team in preparation of the transition. They’ve also provided a public forum - meant for customers to report issues and inquire about new processes – that has since filled with transitional rants…
It’s the latter that has especially incensed transitioned cardholder Tom Smith, a former CIBC customer switched to the TD Aeroplan Visa Infinite. While he feels that his new card is “close to equivalent” in features to his old one, “the key differentiator in my view is the customer service, which in my opinion, is very poor.”
Granted, such a large-scale operation is sure to experience some blips – and it’s been reported that TD amped up their customer service team in preparation of the transition. They’ve also provided a public forum - meant for customers to report issues and inquire about new processes – that has since filled with transitional rants…
