Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
Should You Apply For a Loan or Line of Credit? + MORE Apr 8th
Banks offer a variety of products to give you access to cash. But is every borrowing option the same? If you’re weighing the alternatives, you may struggle with the choice between a loan and line of credit. Only you can decide what’s best for you, but there are some factors to consider..... More »
Personal Loan Vs. Line of Credit: Which Should I Get? + MORE Dec 23rd
In today’s ever-evolving market of loan products, it can sometimes feel like there are too many options to choose from – and each with its own complex fine print. Obtaining a line of credit or personal loan from a bank or lender has been a common way for Canadian consumers to get a cash injecti.... More »
Big banks boost prime lending rates following BoC rate hike + MORE Jul 13th
TORONTO — Canada’s five biggest banks are boosting their prime lending rates by 25 basis points, following an interest rate hike from the central bank.
Royal Bank of Canada (TSX:RY), the Bank of Montreal (TSX:BMO), TD Bank (TSX:TD), Scotiabank (TSX:BNS) and CIBC (TSX:CM) all announced Wedne.... 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.
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Canadians collectively owe $1.8 trillion in household debt + MORE Mar 13th
TORONTO _ Canadians’ collective household debt has climbed to $1.8 trillion as an international financial group sounds an early warning that the country’s banking system is at risk from rising debt levels.
Equifax Canada says consumers now owe $1.821 trillion including mortgages as of th.... More »
Tim Hortons Rewards Credit Card To Launch In May
– ratesupermarket.ca
The competition in the coffee market is brewing as Timmies has upped the ante. Canadian java lovers will be happy to learn that Tim Hortons and CIBC are teaming up to offer a Visa loyalty rewards credit card. Loyal customers (of which there are no shortage in our great nation) will score points every time they swipe the new card, which can instantly be redeemed for their favourite Tim Hortons goodies. When you use your Tim Hortons Visa, you’ll receive one per cent Tim Cash, which is on par with similar loyalty rewards credit cards.
Cashing In On Canada’s Caffeine Crush
The card is scheduled in launch in May, and is anticipated to be a big hit – and considering there’s a Tim Hortons on almost every street, redeeming rewards shouldn’t be a problem. David Clanachan, COO at Tim Hortons Inc., says consumers will benefit from the everyday value provided by these rewards.
“At Tim Hortons we’re fortunate to have very loyal guests, many of whom visit us every day…
