Learn more about Canada’s top banks rates, rules and the latest news – read on!
Latest News
The best high-interest savings accounts in Canada for 2024 + MORE Dec 30th
Save
The best high-interest savings accounts in Canada for 2024
Here are the accounts offering the highest interest rates and lowest fees.
Compare now
Tap the button for more details.
W.... More »
HISAs vs. bonds and GICs: Where should Canadians hold their cash? Apr 2nd
“Bonds are back,” you may have read on a financial news site or heard a financial advisor say recently. True enough, money is flowing into these fixed-income investments at the highest rate in years, and for good reasons.
In fact, Canadian savers have an abundance of good choices right now f.... More »
Should you get that promo rate? Check out the fine print first Oct 19th
Some banks entice Canadians to open new accounts with the offer of a high but short-lived promotional interest rate. A generous interest rate might catch your eye, but there are a few things you should ask yourself before you sign up for a new chequing or savings account.
Should you switch bank a.... More »
The best Visa credit cards in Canada for 2024 + MORE Dec 6th
Credit card comparison tool
Compare your Visa options with our interactive tool and filter credit cards based on rewards value, annual fees, income requirements and more.
powered by
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999.... More »
The best GIC rates in Canada for 2026 + MORE Apr 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.
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate m.... More »
Canadians have long embraced digital transactions. We make purchases, pay bills and transfer money to people around the world with the tap of a card or the click of a button—every single day. We do all of this using regular, government-backed Canadian dollars.
Yet the Bank of Canada (BoC) is actively researching the idea of a central bank digital currency (CBDC) in Canada. Though it does not see an immediate need for a Canadian CBDC, the BoC is preparing for the possibility that cash may one day fall out of use entirely. It’s not alone—central banks in many other countries are also pondering a digital currency.
The launch of a Canadian CBDC (an unfortunate acronym that doesn’t do a digital loonie justice) would have wide-ranging implications for the Canadian banking system and Canadians’ access to legal tender. For insight on what to expect from a digital loonie, we asked five money experts with different financial specialties to share their perspectives. You can read their responses below…
