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
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 »
Federal consumer agency delays report on Canadian banks' sales practices Dec 30th
The Financial Consumer Agency of Canada won't be releasing the results of its review of business practices among Canada's major banks by the end of the year, as originally anticipated..... More »
RBC and Scotiabank Credit Downgrades: What You Should Know + MORE Feb 1st
Canada’s banks were praised during the global financial crisis for being rock-solid – but times seem to have changed, as two of the nation’s biggest lenders, RBC and Scotiabank, recently took hits to their credit ratings.
Why have these lenders been downgraded? Should banking consum.... More »
At the open: TSX ticks higher as banks gain, energy stocks weigh Nov 16th
Wall Street rises after strong Wal-Mart, Cisco earnings
.... More »
What is cryptocurrency? And how do you invest in it? Aug 19th
You can’t read a news site, watch a YouTube video or scroll any social media platform without coming across a reference to bitcoin, ethereum or other cryptocurrencies. Maybe your own friends and family members are nattering non-stop about their crypto investments.
Time will tell if crypto is th.... More »
It’s Black Friday 2015
– ratesupermarket.ca

This week kicks off the “official” holiday spending season, as mega sales events Black Friday and Cyber Monday beckon the wallets of Canadians north and south of the border. It’s an expensive time for most households – a recent study finds the average Canadian will spend $332 today, despite the fact many of us are already deep into the red.
Are you ready for seasonal spending? Read on for the full story.
The Best Credit Cards to Use on Black Friday
Planning to take part in this year’s shopping frenzy? Spending holidays like Black Friday and Cyber Monday can be a great way to save a few bucks on gifts, electronics and more – but beware the potential pitfalls of door buster deals. The good news – the way you pay can protect your purchases, provide insurance coverage, and even save you some cash. Check out our top credit card picks for Black Friday shopping.
Read Penelope’s Blog | The Best Credit Cards to Use on Black Friday
Pre-Holiday Credit Card Debt Already at 2-Year High
Did you know – the average Canadian plans to spend $1,551 on their holiday shopping, according to a new BMO study? That’s a big chunk of change considering many of us are already in the red; credit bureau TransUnion reports national credit card balances are already at a two-year high – without the impending holiday spend…


