motusbank Review: A New Option in Online Banking Aug 5th

The “Big Five” Canadian banks offer credit cards and include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Did you know that there are many other options?
Latest News
 credit cards

Canada’s Best Balance Transfer Credit Cards 2019 + MORE Aug 13th

Are you longing to be debt-free but struggling with high-interest cards? Then a balance transfer credit card, which allows you to move the balance off of some or all of your credit cards over to this new card at a super low-interest rate if you sign up (sometimes even as low as 0%) can be a good str.... More »
 master card

Top 5 Credit Card Sign Up offers for August - These cards provide some of the best value out of their welcome bonuses + MORE Aug 14th

Here are the Rewards Canada Top 5 Credit Card Sign Up offers for the month of July! This is not a 'best' credit card list like our Top Travel Rewards Credit Card rankings but instead a look at cards that have very good acquisition (sign up) offers. As always when choosing a card you should always .... More »
 master card

Aeroplan eStore Back to School event - Earn up to 7x miles for online shopping until August 18 + MORE Aug 7th

August is here and the three words that most kids dread have returned - Back to School! Yes it is time to start thinking about Back to School shopping and if you are like me, a lot of that shopping will be done online. When you online shop you should always try to go through an online shopping porta.... More »
 discover

Paymi Review: The Value of Cash Rewards + MORE Aug 16th

Are you a Canadian who loves earning loyalty rewards when you shop? If so, you’re in luck. Canadian shoppers now have a couple of apps that automatically collect rewards when you shop at your favourite retailers. In this article, I’ll cover off everything you need to know about Paymi, which is o.... More »
In recent years, names like Tangerine, Simplii, and EQ Bank have become synonymous with digital banking in Canada. Pretty soon, it looks as though another name may be added to the list. Launched in April 2019, it hasn’t taken very long for motusbank to make its mark in the world of online banking. A subsidiary of Ontario-based Meridian Credit Union, motusbank is a full-service digital bank already boasting a wide range of financial products and services for Canadians. In fact, the only province where motusbank isn’t yet doing business is Quebec.
motusbank Product Offering
Almost all of your banking needs can be served by motusbank. Like much of their competition, they offer a no-fee chequing account, a high-interest savings account, and GIC investment products. You can also apply for a mortgage, personal loan, or line of credit with motusbank. You can even get a student line of credit. Applications for these products are completed online, from the comfort of your living room. No need to make the trek into a brick and mortar bank branch…

Continue Reading On canadianfinanceblog.com »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!