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.
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The best GIC rates in Canada for 2024 + MORE Sep 17th
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.
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MoneySense is an award-winning magazine, helping Canadians navigat.... More »
HISAs vs. bonds and GICs: Where should Canadians hold their cash? Apr 2nd
“Bonds are back,” you may have read on a financial news site or heard a financial advisor say recently. True enough, money is flowing into these fixed-income investments at the highest rate in years, and for good reasons.
In fact, Canadian savers have an abundance of good choices right now f.... More »
Watchdog unveils guidelines to support mortgage-holders under financial stress - BNN Bloomberg + MORE Jul 5th
Watchdog unveils guidelines to support mortgage-holders under financial stress BNN BloombergStruggling mortgage holders could see lenders waive fees under new guidelines Global NewsCanada Adds Guidelines for Banks to Prevent Mortgage Defaults Financial PostWatchdog u.... More »
The best GIC rates in Canada for 2026 Jul 21st
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 navigate m.... More »
#5: Brane Inc. Feb 7th
In the unpredictable world of cryptocurrency, Brane has become a safe haven. The financial-technology company’s mission is to demystify the confusing and ever-changing landscape of digital assets—blockchain, crypto and non-fungible tokens included—for its largely conservative clientele.
Sin.... More »
Scotiabank Scrambles to Fix Credit Card Statement Errors
– ratesupermarket.ca
On October 20, 2019, Scotiabank identified a technical error where legitimate charges on certain customers’ credit card statements were mislabeled as “BNS Scotia Life Insurance.” The mistaken charges all took place between October 18 and 20. Many customers were angry and took to social media to express their unhappiness. Scotiabank was responsive to customer complaints they received over social media.
Make Sure to Check Your Credit Card Statements
While Scotiabank’s mistakes are unsettling, they can serve as a learning opportunity. Always make sure to check your credit card statements against receipts of your purchases. While banks usually record transactions correctly, the Scotiabank incident shows that no bank is perfect.
In addition to bank errors, you may find improper charges on your credit card statement if someone has gotten hold of your credit card information. In these cases, criminals may be able to use your credit card to make unauthorized purchases…
Scotiabank Scrambles to Fix Credit Card Statement Errors
– ratesupermarket.ca
On October 20, 2019, Scotiabank identified a technical error where legitimate charges on certain customers’ credit card statements were mislabeled as “BNS Scotia Life Insurance.” The mistaken charges all took place between October 18 and 20. Many customers were angry and took to social media to express their unhappiness. Scotiabank was responsive to customer complaints they received over social media.
Make Sure to Check Your Credit Card Statements
While Scotiabank’s mistakes are unsettling, they can serve as a learning opportunity. Always make sure to check your credit card statements against receipts of your purchases. While banks usually record transactions correctly, the Scotiabank incident shows that no bank is perfect.
In addition to bank errors, you may find improper charges on your credit card statement if someone has gotten hold of your credit card information. In these cases, criminals may be able to use your credit card to make unauthorized purchases…
