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?
Latest News
US banks close accounts, Mexican banks reject dollars in anti-money laundering drive Mar 8th
SAN DIEGO – The clamour to crack down on laundering drug money was loud in 2010 when Wachovia National Bank was found to have let $110 million from Mexico be sent through its accounts. It grew two years later when HSBC Holdings PLC agreed to pay $1.9 billion to settle violations that included .... More »
Italian banks in focus as Europe shrugs off Brexit – for now + MORE Jul 27th
MILAN – About a month on from Britain’s vote to leave the European Union, there’s little evidence that economic activity across the continent has been derailed yet.
That’s some reassurance for the 19-country eurozone as it faces a host of other problems, many of which relate .... More »
Tangerine Money-Back Credit Card Review Aug 2nd
Looking to earn cash back on your daily expenditures? Don’t want to pay an annual fee? Enter the Tangerine Money-Back credit card – one of the most popular cash-back credit cards on the market.
Special offer: Apply for a Tangerine Money-Back credit card through RateSupermarket.ca and you’ll r.... More »
Canada’s best credit cards for grocery purchases 2022 Nov 17th
Everybody needs to put food on the table, so you might as well earn rewards while doing so. Considering that in 2022 the price of food in Canada has risen at the fastest pace in decades, with the annual rate of food inflation sitting above 10% in recent months, there’s no better time to earn usefu.... More »
India’s central bank cuts key lending rate to 6.25 per cent + MORE Oct 4th
NEW DELHI – India’s central bank cut its key interest rate by a quarter of a percentage point Tuesday, taking rates to the lowest they have been since late 2010.
The announcement by the Reserve Bank of India reduced its repo rate to 6.25 per cent. This is the rate at which the central ba.... More »
European Central Bank head: Governments must encourage hiring, reduce jobless rate
– canadianbusiness.com
FRANKFURT – European Central Bank head Mario Draghi said Friday the bank is ready to do more to boost the shaky recovery in the 18 countries that use the euro — but warns governments must join in efforts to reduce stubbornly high unemployment.
“We stand ready to adjust our policy stance further” if needed to help the weak recovery, Draghi said in the text of a speech at the U.S. Federal Reserve conference in Jackson Hole, Wyoming.
The bank has cut interest rates, offered cheap loans to banks and is weighing asset purchases to pump more money into the economy.
His printed comments did not offer new guidance on when the bank might take action.
Instead, they underscored the standoff between Draghi and national governments in countries such as France and Italy. The French in particular have pushed for the ECB to do more, while Draghi has insisted that it’s the governments in the multi-national euro that must take politically difficult steps to make their economies more business-friendly…
“We stand ready to adjust our policy stance further” if needed to help the weak recovery, Draghi said in the text of a speech at the U.S. Federal Reserve conference in Jackson Hole, Wyoming.
The bank has cut interest rates, offered cheap loans to banks and is weighing asset purchases to pump more money into the economy.
His printed comments did not offer new guidance on when the bank might take action.
Instead, they underscored the standoff between Draghi and national governments in countries such as France and Italy. The French in particular have pushed for the ECB to do more, while Draghi has insisted that it’s the governments in the multi-national euro that must take politically difficult steps to make their economies more business-friendly…
Get More Money From Your Main Bank
– ratesupermarket.ca
Did you know: Canadians identify their “main bank” as the one where they keep their chequing account. 91% of consumers have one at their primary lender, according to our recent study. But things get foggier when it comes to why they signed up with their bank in the first place – in a recent street poll, many stated they’d been with their banks since childhood. Seems like it’s high time we explored our options for greater value!
You can check out the full study – and the included video below, along with this week’s top headlines.
VIDEO: Canadians Are Willing to Switch Banks… If the Price is Right
Canadians may be a loyal bunch when it comes to the “Big 5” lenders – but even the most dedicated consumer would switch banks for significant savings. A recent survey conducted by RateSupermarket.ca, Canada’s comprehensive rate comparison site, found 84% of consumers would consider a switch – as long as they’d save an average of $644.43.
Read on for the full study AND our new video!
VIDEO | Canadians Are Willing to Switch Banks… If the Price is Right
Ask the Experts: Should We Tear Down Our Home?
Introducing our Ask the Expert series! We’ll be answering your top finance questions – and looping in the top experts to share their wisdom…
You can check out the full study – and the included video below, along with this week’s top headlines.
VIDEO: Canadians Are Willing to Switch Banks… If the Price is Right
Canadians may be a loyal bunch when it comes to the “Big 5” lenders – but even the most dedicated consumer would switch banks for significant savings. A recent survey conducted by RateSupermarket.ca, Canada’s comprehensive rate comparison site, found 84% of consumers would consider a switch – as long as they’d save an average of $644.43.
Read on for the full study AND our new video!
VIDEO | Canadians Are Willing to Switch Banks… If the Price is Right
Ask the Experts: Should We Tear Down Our Home?
Introducing our Ask the Expert series! We’ll be answering your top finance questions – and looping in the top experts to share their wisdom…
MBNA Cardholders: What You Need to Know About Your Transition to TD
– ratesupermarket.ca
MBNA cardholders are in for a few changes come late September; they are the latest customers to undergo a post-acquisition transition to TD. The banking giant, which bought MBNA in December 2011, will begin the process of moving MBNA credit card accounts to their system, which is stated to have “new options, increased security and a new telephone banking voice”.
However, unlike the CIBC-TD customer transition this June, all MBNA customers will be keeping their original cards and pins, with no replacements or resets required. That said, there are a few changes and service interruptions to take note of, which we’ve summarized below. It will be interesting to see if the transition occurs without the hiccups experienced during the aforementioned CIBC customer switch; stay tuned for updates ( and note that yours truly is an MBNA cardholder).
What Is Staying the Same?
Your MBNA card: Cardholders can rest easy knowing there will be no product switch in their near future; all current credit cards will continue to operate under the MBNA brand, with no changes to their features, rewards or pins…
Get More Money From Your Main Bank
– ratesupermarket.ca
Did you know: Canadians identify their “main bank” as the one where they keep their chequing account. 91% of consumers have one at their primary lender, according to our recent study. But things get foggier when it comes to why they signed up with their bank in the first place – in a recent street poll, many stated they’d been with their banks since childhood. Seems like it’s high time we explored our options for greater value!
You can check out the full study – and the included video below, along with this week’s top headlines.
VIDEO: Canadians Are Willing to Switch Banks… If the Price is Right
Canadians may be a loyal bunch when it comes to the “Big 5” lenders – but even the most dedicated consumer would switch banks for significant savings. A recent survey conducted by RateSupermarket.ca, Canada’s comprehensive rate comparison site, found 84% of consumers would consider a switch – as long as they’d save an average of $644.43.
Read on for the full study AND our new video!
VIDEO | Canadians Are Willing to Switch Banks… If the Price is Right
Ask the Experts: Should We Tear Down Our Home?
Introducing our Ask the Expert series! We’ll be answering your top finance questions – and looping in the top experts to share their wisdom…
You can check out the full study – and the included video below, along with this week’s top headlines.
VIDEO: Canadians Are Willing to Switch Banks… If the Price is Right
Canadians may be a loyal bunch when it comes to the “Big 5” lenders – but even the most dedicated consumer would switch banks for significant savings. A recent survey conducted by RateSupermarket.ca, Canada’s comprehensive rate comparison site, found 84% of consumers would consider a switch – as long as they’d save an average of $644.43.
Read on for the full study AND our new video!
VIDEO | Canadians Are Willing to Switch Banks… If the Price is Right
Ask the Experts: Should We Tear Down Our Home?
Introducing our Ask the Expert series! We’ll be answering your top finance questions – and looping in the top experts to share their wisdom…
