Learn more about Canada’s top banks rates, rules and the latest news – read on!
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Bomb rocks Lebanon's capital, one wounded - The Globe and Mail (subscription) + MORE Jun 12th
The Globe and Mail (subscription)Bomb rocks Lebanon's capital, one woundedThe Globe and Mail (subscription)A powerful bomb in Beirut destroyed several cars, severely damaged one of Lebanon's biggest banks and wounded one person on Sunday. The state-run National News Agency said the bomb wa.... More »
The best GIC rates in Canada for 2024 May 27th
Investing
The best GIC rates in Canada for 2024
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
Find the best rate
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AP-NORC Poll: Income gap, Wall Street rules big for Dems Feb 20th
LAS VEGAS, Nev. – A new poll finds most Democrats consider income inequality a very important issue and half of them think tougher regulations of the financial markets imposed after the 2008 financial crisis did not go far enough. The poll comes as Hillary Clinton and Bernie Sanders enter a cr.... More »
How to Read Your Credit Report May 30th
Your credit report summarizes your credit history and helps lenders weigh your credit risk. Often your credit report is initiated when you apply for your first credit card. Over time it can help you reach your larger financial goals such as obtaining a rental agreement or mortgage. When you apply f.... More »
Refinancing your mortgage? Here’s why a professional home appraisal is step one Mar 27th
Before you refinance your mortgage, it’s important to know your home’s true value. A professional home appraisal gives you an accurate picture of the value of your property, helping you make smarter financial decisions from lowering your monthly payments to accessing equity to evaluating your re.... More »
What Are Credit Card Grey Charges?
– ratesupermarket.ca

A few months ago, I signed up for a free one-month trial of Netflix. I decided later that I would cancel it at the end of the month because I barely used it. But then I got busy and completely forgot about it – or I did until I saw the charge on my credit card for the next month.
$7.99 isn’t a lot of money, but if you’re like me, you hate seeing your money wasted. You don’t go to the grocery store and leave an extra $10 or $15 at the till, so why do we let so called “grey” charges remain on our credit cards for months or even years?
Also read: Should You Pay Bills With Your Credit Card?>
What Are Grey Charges?
Grey charges are the recurring payments that creep onto your credit card or bank account without you noticing. They’re subscriptions that you thought expired years ago but which actually auto-renewed. They’re free trials that converted to monthly fees. They’re basically any recurring charges that you don’t know about, forgot about, or would cancel if you could easily do so…
Fintech startups pose threat to traditional banks’ retail profit
– theglobeandmail.com
Global consultancy McKinsey & Co. suggests that new players will take over the customer relationship and sales opportunities
RBC, TD among top banks joining R3 fintech consortium
– theglobeandmail.com
Nine other banks had already signed up to the initiative, which represents the first time banks have collaborated on how the technology that underpins bitcoin can be used in finance


