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
The best TD credit cards in Canada 2021 May 31st
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 »
The best GIC rates in Canada for 2025 + MORE Dec 2nd
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 navigate m.... More »
Where to donate your $25 Loblaws gift card: find your nearest food bank here + MORE Jan 9th
The bread aisle at a Loblaw in Toronto. (Carlos Osorio/Toronto Star via Getty Images)
Since Loblaw Companies Ltd. fessed up to fixing bread prices from 2001 to 2015 and made its offer of $25 gift cards to grocery shoppers, there’s been a social media push to encourage Canadians to donate th.... More »
4 Tips to Avoid the Post-Holiday (Financial) Hangover Jan 3rd
Christmas and New Year’s Day has already come and gone, leaving us to “look forward” to Blue Monday, the (unofficially) most depressing day of the year. In 2019, Blue Monday falls on Monday, January 21, and the day is calculated by factoring in things such as weather and, yes, deb.... More »
How to tell if a company is honest Aug 16th
Despite what you may witness on Twitter, people generally see the good in others, whether that’s their friends, colleagues or the executives running the companies they invest in. We want to believe a business we’re buying into is on the up-and-up, that what they’re saying about their operation.... More »
The Future of FinTech
– ratesupermarket.ca

The way we manage our money – from the bank branch to the checkout lane – is rapidly changing in Canada. New tap technology, automated investments and biotech solutions have traditional bankers scrambling to keep up – how can consumers navigate this ever-changing financial reality?
This week, we’ve rounded up the biggest advances on the way for your wallet. Read on for the full story.
Are Interchange Fees Holding Apple Pay Canada Back?
Why is Apple Pay Canada only available via American Express cards? That the tech giant might be tangled with Canada’s big banks over interchange fees is a potential theory. Here are the details on the long-awaited payment app’s launch, and when Visa and MasterCard customers may get in on the action.
Read Penelope’s Blog | Are Interchange Fees Holding Apple Pay Canada Back?
The Pros and Cons of Robo-Advisors
The world of investing can be daunting for many – and filled with fees. Robo-advisors are growing in popularity in Canada for their lower fee structure and automated advice…
The Future of FinTech
– ratesupermarket.ca

The way we manage our money – from the bank branch to the checkout lane – is rapidly changing in Canada. New tap technology, automated investments and biotech solutions have traditional bankers scrambling to keep up – how can consumers navigate this ever-changing financial reality?
This week, we’ve rounded up the biggest advances on the way for your wallet. Read on for the full story.
Are Interchange Fees Holding Apple Pay Canada Back?
Why is Apple Pay Canada only available via American Express cards? That the tech giant might be tangled with Canada’s big banks over interchange fees is a potential theory. Here are the details on the long-awaited payment app’s launch, and when Visa and MasterCard customers may get in on the action.
Read Penelope’s Blog | Are Interchange Fees Holding Apple Pay Canada Back?
The Pros and Cons of Robo-Advisors
The world of investing can be daunting for many – and filled with fees. Robo-advisors are growing in popularity in Canada for their lower fee structure and automated advice…


