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.
Latest News
The best credit cards in Canada for 2023 Nov 14th
Spend
The best credit cards in Canada for 2023
Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required.
Find my perfect card*
.... More »
How to buy Stellar / XLM in Canada Nov 18th
Since the cryptocurrency market crash in May, smaller altcoins have been steadily stealing the march on leading digital coins. Altcoins’ relatively faster rise in value, compared to crypto heavyweights like bitcoin and ether, has sparked dramatic investor interest in some lesser-known tokens over .... More »
The best GIC rates in Canada for 2024 May 27th
Investing
The best GIC rates in Canada for 2024
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
Find the best rate
Tap "Return to top" to come back here.
.... More »
BoC expected to raise rates again this week, vying to quash inflation faster - CTV News + MORE Jul 9th
BoC expected to raise rates again this week, vying to quash inflation faster CTV NewsHow to prepare for Bank of Canada's anticipated interest rate hike this week Global NewsCanadian banks poised for 0.25% interest rate hike: lot of pain yet to come, economist says Ya.... More »
The best GIC rates in Canada for 2025 Mar 11th
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 save on foreign exchange fees on vacation
– moneysense.ca
OTTAWA – There are credit cards for major expenses like flights and hotels, Uber for getting around and Android or Apple Pay on smartphones.
But travellers still need at least a little cash if they’re vacationing outside of Canada this summer, and that means swapping loonies for euros, yuan or other foreign currencies.
Travel agent Omar Guechtal recommends clients plan ahead and exchange as much as they think they’ll need at their Canadian bank to get the best deal possible before travelling abroad.
Ignoring this travel insurance clause could cost you »
“Banks and exchange places are actually giving a better rate when they are selling a currency than when they are buying it,” said Guechtal, an assistant team leader at Flight Centre.
“If you’re looking for hard cash, it is always better to be purchasing it in Canada than purchasing it at destination.”
Using an ATM while travelling outside of Canada is a convenient way to get the cash wherever you are, but it comes at a cost…
But travellers still need at least a little cash if they’re vacationing outside of Canada this summer, and that means swapping loonies for euros, yuan or other foreign currencies.
Travel agent Omar Guechtal recommends clients plan ahead and exchange as much as they think they’ll need at their Canadian bank to get the best deal possible before travelling abroad.
Ignoring this travel insurance clause could cost you »
“Banks and exchange places are actually giving a better rate when they are selling a currency than when they are buying it,” said Guechtal, an assistant team leader at Flight Centre.
“If you’re looking for hard cash, it is always better to be purchasing it in Canada than purchasing it at destination.”
Using an ATM while travelling outside of Canada is a convenient way to get the cash wherever you are, but it comes at a cost…
