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
The best high-interest savings accounts in Canada for 2025 + MORE Sep 15th
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.
Advertisement
Why trust us
MoneySense is an.... More »
Canada’s best no foreign transaction fee credit cards 2022 Oct 8th
Canadians love to travel, but when shopping with their credit cards outside of Canada, many pay foreign transaction fees—as much as 2.5%—on every purchase. The good news is there’s a good selection of credit cards out there that either offer no foreign transaction fees or return more than enou.... More »
The best high-interest savings accounts in Canada for 2026 + MORE Mar 9th
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.
Advertisement
Why trust us
MoneySense is an.... More »
Making sense of the markets this week: October 29, 2023 Oct 28th
Allan Small, Senior Investment Advisor at the Allan Small Financial Group with iA Private Wealth, shares financial headlines and offers context for Canadian investors.
Third quarter earnings are here from tech
Earnings season is here, as technology’s biggest players reported their third quar.... More »
The best GIC rates in Canada for 2026 Jul 21st
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 »
How to manage and save money without a budget
– moneysense.ca
“Stick to a budget” is one of the most common pieces of advice you’ll hear if you’re trying to save money. But not everyone wants to make decisions according to a spreadsheet—and there are many ways to manage your money that don’t involve a budget. Often, a simple, critical look at your regular expenses can reveal unnecessary spends or untapped rewards that can translate to serious savings. In this article, we’ve gathered some simple strategies and practices that can help you save—without necessarily giving up your daily latte.
Look at how you bank
Look at the banking services available to you—these are designed to help you manage your money, as well as save more money.
Check out promotional offers
As the financial services industry has become increasingly competitive, banks have begun to offer promotions designed to attract new clients. And some are incredibly lucrative. Take, for example, the current HSBC offer where you can earn up to $1,500 in value back when you open an account…


