Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
The best TD credit cards in Canada 2020 Nov 9th
Before we talk about the best TD credit cards in Canada, let’s talk about TD. Formed through a merger between financial giants Bank of Toronto and The Dominion Bank in 1955, TD is one of Canada’s big five banks. It offers a wide array of financial services including an impressive portfolio of mo.... More »
U.S. banks benefit from postelection trading surge Jan 13th
Canadian bank earnings also expected to rise because of increased activity following Trump victory
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Is now the time for retirees to sell stocks and buy GICs? Mar 4th
My husband is retired and concerned that his money that is invested in his RRSP and TFSA is fluctuating too much. He is retired and is wondering if his funds should be in a GIC account as it’s paying 4% and not losing principal. He’s concerned in this volatile market.—Rodeen
Are GICs a good.... More »
Is Wealthsimple a bank? Not exactly, but it’s launching new “banking” services Jun 12th
Canadians aren’t short of credit card options, that’s for sure. At an average of two to three credit cards per person, we have more credit cards than debit cards in our wallets. But there’s still room for one more, suggests Wealthsimple with its recently launched bank-like offerings, including.... More »
Italy merges two banks in bid to prop up struggling sector Oct 17th
New lender Banco BPM will become country’s third-largest; PM aims to boost confidence ahead of December referendum on constitutional reform
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Mobile banking in demand
– moneysense.ca
Overall, Canadians are increasingly satisfied with their banks yet more Big 5 and mid-sized bank customers perceive their bank as being increasingly profit driven and less customer focused in 2013 compared to 2012, according to J.D. Power’s latest survey. Another qualm Canadians have with their banks is unmet mobile technology expectations. Providing a mobile banking option is critical in migrating routine transactions, especially deposits, out of the branch, helping to reduce bank costs while providing convenience for customers, J.D. Power said. In terms of J.D. Power’s individual bank rankings, TD Canada Trust once again came out on top in the big bank category scoring 781 on the 1,000-point scale while ING Direct Canada took top honours in the mid-sized category with 839 points.
RBC may be looking to improve its below average score on the J.D. Power tally sheet by boosting its mobile capabilities. The bank said Thursday it plans to roll out its RBC Secure Cloud for mobile payments by year end…
RBC may be looking to improve its below average score on the J.D. Power tally sheet by boosting its mobile capabilities. The bank said Thursday it plans to roll out its RBC Secure Cloud for mobile payments by year end…
