Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
The best 5-year fixed mortgage rates in Canada May 26th
Mortgages
The best 5-year fixed mortgage rates in Canada
You’re 2 minutes away from getting the best mortgage rates in Canada. Just answer a few quick questions to get a personalized rate quote.
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The best GIC rates in Canada for 2024 + MORE Jul 6th
Investing
The best GIC rates in Canada
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
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The best GIC rates in Canada for 2024 Jun 13th
Investing
The best GIC rates in Canada
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
Compare now
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MoneySense is an award-winning magazine,.... More »
The best high-interest savings accounts in Canada for 2024 Nov 12th
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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MoneySense is an award-winning magazine, helping Canadians navigate mo.... More »
Applying for your first credit card? Here’s what you should know before getting one + MORE Feb 3rd
The convenience of making purchases with your credit card comes with many advantages, like rewards, perks and a solid credit history. However, if used irresponsibly, this financial tool can lead to unmanageable debt and a low credit score. So, how can you be a responsible credit card owner? I will e.... More »
How Long Does an e-Transfer Take?
– canadianfinanceblog.com
Interac e-Transfer has revolutionized how Canadians move money to each other, reducing the number of cheques written by the millions. But how long do e-Transfers take, and is there a way to speed up the process?
In this article, I explain why some e-Transfers are almost instant, and others can take up to 30 minutes. I also share tips to help you send and receive e-Transfers faster than ever.
What Is an Interac e-Transfer?
Interac e-Transfer is a funds transfer service powered by Interac that allows you to move money almost instantly between bank accounts at most Canadian banks and credit unions, even online banks. As long as you have a person’s email or mobile phone number, you can send money from your bank account to theirs using your internet or mobile banking app.
In addition to the speed and convenience, e-Transfer transactions are more affordable than other forms of payment, like bank drafts or wire transfers. Most banks include free e-Transfers with your monthly chequing account service plan…
In this article, I explain why some e-Transfers are almost instant, and others can take up to 30 minutes. I also share tips to help you send and receive e-Transfers faster than ever.
What Is an Interac e-Transfer?
Interac e-Transfer is a funds transfer service powered by Interac that allows you to move money almost instantly between bank accounts at most Canadian banks and credit unions, even online banks. As long as you have a person’s email or mobile phone number, you can send money from your bank account to theirs using your internet or mobile banking app.
In addition to the speed and convenience, e-Transfer transactions are more affordable than other forms of payment, like bank drafts or wire transfers. Most banks include free e-Transfers with your monthly chequing account service plan…
