Learn more about Canada’s top banks rates, rules and the latest news – read on!
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The best GIC rates in Canada for 2025 Apr 7th
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 »
Chequing vs. Savings Account: What’s the Difference? Oct 2nd
When it comes to managing your finances, using the correct type of bank account is very important. But while the differences between a chequing account and a savings account may seem obvious to some, you would be shocked at the number of people who use their savings accounts for daily transactions o.... More »
How does interest work in a savings account? Sep 10th
Do you know how interest rates work when it comes to your bank account? If not, you’re not alone. Nearly four in 10 Canadians surveyed don’t fully understand it, according to research by Angus Reid on behalf of PC Financial.
When you hold money in a savings account, interest is money you rece.... More »
Making sense of the Bank of Canada interest rate decision on March 6, 2024 Mar 8th
In its March 6 announcement, the Bank of Canada (BoC) held its trend-setting overnight lending rate at 5% for the fifth consecutive time—and depending on whether you’re a borrower or investor, you’re heaving either a sigh of relief or impatience. Here’s what it means for Canadians.
As a r.... More »
The best GIC rates in Canada for 2024 + MORE Jul 6th
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The best GIC rates in Canada
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
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Video: What do you need to open a bank account?
– moneysense.ca
Looking for a better interest rate? Want more accessible ATMs? Tired of paying fees for things like bank drafts? Whatever your reason, changing banks or opening a new bank account can take just a few clicks—if you’re prepared. Watch this two-minute video to see what documents you’ll need (even for a student account) and find out when to close your old bank account.
Watch: MoneySense – How to open a bank account
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The best banks in CanadaCompare the best savings accounts in CanadaCompare the best chequing accounts in Canada
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