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 2026 + MORE Jan 30th
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 »
How Can You Get a Credit Card if You Have No Credit History? May 7th
Young Gen Z Canadians, ages 20 to 24, are leading the country in credit adoption, but many of them are experiencing barriers to getting credit cards, primarily because they have no credit history. Newcomers to Canada also lack Canadian credit history. What should young Canadians or recent immigrant.... More »
Making sense of the markets this week, October 31, 2021 Oct 30th
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Scotiabank says 8 rate hikes are on the way
Scotiabank’s Derek Holt shared that we could see eight rate hikes in Canada over the next two years. That is ag.... More »
How Long Does an e-Transfer Take? Nov 4th
Interac e-Transfer has revolutionized how Canadians move money to each other, reducing the number of cheques written by the millions. But how long do e-Transfers take, and is there a way to speed up the process?
In this article, I explain why some e-Transfers are almost instant, and others can take .... More »
The best high-interest savings accounts in Canada for 2024 + MORE Oct 15th
Savings comparison tool
Find the best and most up-to-date savings rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated return based on the size of your balance.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate mo.... More »
Travel for Free: Barry’s Top 6 Tips on How to Game the Credit Card Reward System
– ratesupermarket.ca
To simply say I love credit cards is an understatement. Currently, I have more than 10 active cards, which is much more than the average person will ever need at once, but I use them all for a variety of reasons. When you know how to game the reward system and reap the benefits of different cards, the possibilities are endless, especially with regard to travel rewards.
I’ve flown to Hong Kong on points, and just recently, I stayed at the Marriott Amsterdam hotel for a week solely on credit card points. Now, imagine if I had to pay for that flight and hotel in cash; I would have spent more than $6,000. So you can see why I get so excited over using my credit cards.
Mind you, I’m pretty open about how I use my credit cards, and I likely spend a lot more on them in comparison to the average person. But as long as you’re careful about how and where you spend, here’s how any average Joe can take advantage of the system and reap all the benefits that credit cards have to offer.
Tip #1: Look out for sign-up bonuses
Without a doubt, sign-up bonuses are one of the best ways to travel for free…
