Banking in Canada can be a murky subject – one that we hope to shed some light on with a series of highly informational articles.
Latest News
HISAs vs. bonds and GICs: Where should Canadians hold their cash? Jan 10th
“Bonds are back,” you may have read on a financial news site or heard a financial advisor say recently. True enough, money is flowing into these fixed-income investments at the highest rate in years, and for good reasons.
In fact, Canadian savers have an abundance of good choices right now f.... More »
The best instant approval credit cards in Canada 2022 Oct 12th
If you’re applying for a credit card, chances are you want it as soon as possible. Unfortunately, you often have to wait several days to see if you were approved, and then wait some more while the card makes its way to you in the mail. The good news is many credit cards now offer instant approval..... More »
How GIC interest rates work + MORE Aug 9th
Guaranteed investment certificates, or GICs for short, are low-risk investments offered by banks and other financial institutions. In exchange for committing your money for a term ranging from 30 days to 10 years, the bank will pay you a guaranteed rate of interest.
GICs are particularly safe bec.... More »
The best high-interest savings accounts in Canada for 2025 + MORE Feb 3rd
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.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate mo.... More »
The best GIC rates in Canada for 2024 + MORE Dec 23rd
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 navigat.... More »
How to Earn More Credit Card Rewards
– ratesupermarket.ca
One of the most rewarding parts of using a credit card is racking up the freebies. Learn some tips and tricks on how you can potentially earn more points.
Choose the Right Card
One of the most important steps you can do is to find a credit card that aligns with your lifestyle and purchase habits. If you’re a frequent traveler, a travel reward card like the Scotiabank PassportTM Visa Infinite card not only allows you to earn points that you can redeem for free travel but has features like no FX markup and free lounge passes, that any seasoned traveller will appreciate.
On the other hand, if you’re looking for a card that you can use to maximize the benefits of everyday shopping from groceries to gas, a credit card like the President’s Choice Financial® Mastercard® can reward you for everyday purchases.
Redeem Your Rewards Strategically
Some credit cards offer greater rewards if you redeem your points for specific purchases. For example, if you have the TD® First Class Travel® Visa Infinite card, your points are worth three times as much if you book travel online through Expedia…
