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
Your May Money Update + MORE May 9th
Feel like you have less cash this month? You’re not alone – spending tends to heat up during the warm weather days – Canadians are out of hibernation and we’re ready to shop. Between hitting retailers, the open road and the open houses, it can be easy to go over budget as temperatur.... More »
Four Principles for Replacing Dodd-Frank + MORE Jun 16th
First, address incentives: Banks want to avoid costs and regulators tend toward the politically expedient..... More »
The best GIC rates in Canada for 2025 Mar 3rd
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 »
Deep-value stocks on the verge of a turnaround? + MORE Oct 1st
Many investors are getting reacquainted with that panicky feeling they felt back in 2008. One type of investor, though, may be welcoming the correction. Deep-value buyers—people who look for stocks that are trading at a large discount to what they appear to be really worth—have had a rough go ov.... More »
Banks overcharge by millions of dollars — and customers don't even notice + MORE Nov 7th
CIBC must pay back $73 million in fees it improperly charged customers for 14 years, while customers looking at their monthly statements all that time would never have noticed. Is it time for more transparency in the financial services industry?.... More »
It’s Our Birthday… Join the Savings Party!
– ratesupermarket.ca

Great news, MoneyWise readers… May marks RateSupermarket.ca’s 7th birthday! And because we love a good party, we’re throwing one of our biggest deal bonanzas ever – check out our Special Offers page for FREE gift cards, cash prize sweepstakes and fantastic rates. We’ll have new deals as the month goes on, so be sure to check back – plus, we’ve been known to toss in a freebie every once in a while. It’s all icing on the cake.
Take a look at our first crop of Birthday Deals:
FREE Gift Cards Upon Approval of Credit Card
Free $100 Gift Card Upon Approval: Choose from: Scotia Momentum® VISA Infinite Card, Scotiabank Value® VISA card, Scotiabank® Gold American Express® Card
Learn More>
Free $50 Gift Card Upon Approval: Choose from: Capital One® Aspire Travel™ Platinum MasterCard®, Capital One® Aspire Travel™ World Elite Mastercard®, Capital One® Aspire Cash™ Platinum Mastercard®
Learn More>
Exciting Intro Offers!
Pay 0% Interest for 12 Months: Platinum Plus® MasterCard® credit card – 0% for 12 months
Get 5% Cash Back on your eligible purchases for 6 months!: SimplyCash™ Card from American Express®
Receive a Welcome Bonus of 15,000 Air Miles: TD® Aeroplan® Visa Infinite*
Get up to 5% cash back on eligible gas and grocery purchases for the first 6 months‡: MBNA Smart Cash MasterCard® Credit Card
Winner: Best Travel Rewards Credit Card: BMO® World Elite™ MasterCard®*
Keep checking back for new and exciting offers – this party lasts all month long!
The post It’s Our Birthday… Join the Savings Party! appeared first on MoneyWise.
Confused About Your Cash?
– ratesupermarket.ca

What do Canadians want from their banks? Convenience, transparency, and a lack of fees top consumer wishlists – but it doesn’t appear all lenders are listening. Account fees are slated to rise at the big 5 FIs over the coming weeks, meaning you’ll pay more to access your cash.
Meanwhile, confusion persists for credit card customers – when is it a good idea to kick your plastic to the curb? This week, we take on these key consumer issues. Read on for the full story.
Higher Banking Fees Are Coming From Canada’s Big 5
Bad news for Canadian banking consumers – each of the “Big 5” (TD, BMO, Scotiabank, RBC and CIBC) have implemented higher fees for accounts, certain transaction types and services. Will your bank account be affected? Read on for the full story, and what you should do if your banking products change.
Read Penelope’s Blog | Higher Banking Fees Coming From Canada’s Big 5
Is Closing a Credit Card Bad For Your Credit Score?
The consequences of cancelling a credit card are among the biggest personal finance myths…
Confused About Your Cash?
– ratesupermarket.ca

What do Canadians want from their banks? Convenience, transparency, and a lack of fees top consumer wishlists – but it doesn’t appear all lenders are listening. Account fees are slated to rise at the big 5 FIs over the coming weeks, meaning you’ll pay more to access your cash.
Meanwhile, confusion persists for credit card customers – when is it a good idea to kick your plastic to the curb? This week, we take on these key consumer issues. Read on for the full story.
Higher Banking Fees Are Coming From Canada’s Big 5
Bad news for Canadian banking consumers – each of the “Big 5” (TD, BMO, Scotiabank, RBC and CIBC) have implemented higher fees for accounts, certain transaction types and services. Will your bank account be affected? Read on for the full story, and what you should do if your banking products change.
Read Penelope’s Blog | Higher Banking Fees Coming From Canada’s Big 5
Is Closing a Credit Card Bad For Your Credit Score?
The consequences of cancelling a credit card are among the biggest personal finance myths…


