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?
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Back to school season is officially in full swing. If you haven’t finished shopping for your school-bound child, you’ll most likely be hitting the mall soon to get it all done. This is an expensive time of year for parents trying to get their children prepared for back to class. According to a .... More »
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For retirees and near-retirees, at least five dire possibilities can threaten a long and fruitful retirement: taxes, investment fees, crumbling stock markets, soaring interest rates and inflation.
We can largely control the first two by maximizing the use of tax-effective vehicles like TFSA.... More »
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Best credit cards in Canada with free roadside assistance 2023 + MORE Jul 18th
Add “roadside assistance” to the list that includes a plunger, first-aid kit and a screwdriver small enough to fix your sunglasses: “Things you don’t realize you need, until you need them.” But this credit card perk can feel like you won the lottery when you’re stranded on the highway du.... More »
International Vacation? Tips to Exchange Currency for the Best Rates
– ratesupermarket.ca
Whether it’s to the U.S. or elsewhere outside of Canada, your travel will mean transactions in another currency. You can get foreign cash before you leave, use local ATMs, put everything on your credit card, or depend on currency exchange brokers, to name a few. Here are the pros and cons of each option before you leave for that summer trip.
OFX Money Transfer
Many local cafés, hotels, and attractions offer free Wi-Fi. That means accessing an app like OFX Money Transfer is simple. It’s free to use and provides real-time rates for both Canadian and global currencies. Once you know what the current exchange rate is you can search for agencies, banks, and local shops, for the best exchange rate. However, fees associated with the method you choose will still apply.
OFX Currency Converter even has a handy calculator feature that is great for helping you make price-tag comparisons when shopping. It seems like the only thing you’ll need help with is directions.
Cash at Your Bank Before You Leave
It seems sensible to get U…
International Vacation? Tips to Exchange Currency for the Best Rates
– ratesupermarket.ca
Whether it’s to the U.S. or elsewhere outside of Canada, your travel will mean transactions in another currency. You can get foreign cash before you leave, use local ATMs, put everything on your credit card, or depend on currency exchange brokers, to name a few. Here are the pros and cons of each option before you leave for that summer trip.
OFX Money Transfer
Many local cafés, hotels, and attractions offer free Wi-Fi. That means accessing an app like OFX Money Transfer is simple. It’s free to use and provides real-time rates for both Canadian and global currencies. Once you know what the current exchange rate is you can search for agencies, banks, and local shops, for the best exchange rate. However, fees associated with the method you choose will still apply.
OFX Currency Converter even has a handy calculator feature that is great for helping you make price-tag comparisons when shopping. It seems like the only thing you’ll need help with is directions.
Cash at Your Bank Before You Leave
It seems sensible to get U…