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?
Latest News
Three Things to Expect from Rising Interest Rates in 2019 + MORE Dec 19th
Are they going to increase? By how much? And how will that affect me?
As we reflect on the past year, one of the big money stories everyone is talking about is the rise of the key interest rate. In 2018, the Bank of Canada (BoC) raised the overnight lending rate three times from 1.00 per cent to 1.... More »
Best Canadian Bank Stocks: Where to Invest in Canadian Financial Services in 2021 Nov 15th
When it comes to the stock market, there are no guarantees. But Canadian banks are about as close as it gets. They’ve led the way for years, generating huge profits, stable earnings growth, and consistent dividend payouts. But with several banks to choose from, Canadian investors might be wonderin.... More »
Best ETFs for 2023: Best U.S. equity ETFs for 2023 May 3rd
.best-etfs-2020{margin-bottom:1em;max-width:100%}@media (max-width:991px){a.flex-item{width:93%}}@media (min-width:992px){.best-etfs-2020-links{display:flex;flex-direction:row;flex-wrap:nowrap;justify-content:space-between;align-content:space-around;align-items:flex-start}}a.flex-item{displ.... More »
Online and Mobile Banking During the COVID-19 Pandemic + MORE Jun 2nd
Canadians are using social distancing to prevent the spread of COVID-19. As a result, banks have closed their doors or reduced their hours of operation. Many Canadians are turning to technology to manage their finances instead. Naturally, this has caused a spike in the use of online and mobile bank.... More »
Debt collection in Canada: What collectors can and can’t do Dec 15th
When bills go unpaid, that’s when the calls from creditors can start. At home, at work, by phone or mail—they’ll reach out in every way they can to get you to pay.
Debt collectors are obligated to follow specific rules about how they make contact and what information they can request; h.... More »
The Best No-Fee Rewards Credit Cards For 2019
– ratesupermarket.ca
Credit card rewards come in many forms. From points to statement credits to cold-hard cash, a good rewards card maximizes on your everyday purchases and ultimately helps you save.
Reward credit cards generally offer different amounts of rebates for particular spending categories (gas, grocery, pharmacy purchases, etc.). And while there are so many options on the market, one distinctive feature between most rewards cards is whether it comes with an annual fee or not.
Cards with an annual service fee typically offer you more flexibility with a greater amount of cash-back or points for your purchases, whereas no-fee cards may offer a little less of a rebate with less opportunities to earn rewards.
That being said, there are still a number of great no-fee reward options. But how do you choose the card that will provide you with the most in savings?
To make the decision-making process easier, RateSupermarket.ca has a handy-dandy credit card comparison tool. And with all things considered, from sign-up bonuses to earning categories, we used our Best of Finance methodology to rank the cards that provided the most cash value…
