Mylo Review Jul 1st

How to go about securing the best rate and plan for your credit card in Canada.
Latest News

Aeroplan announces positive changes to flight reward refund fees but temporarily claws back stopovers Jul 16th

The Air Canada Aeroplan saga, as we penned it, technically ended with Air Canada completing the acquisition of Aeroplan many months ago. What didn't end was Air Canada's commitment to launching a new, updated Aeroplan program in July of 2020. With only 1 year left in that timeline the Air Canada own.... More »

Domestic companion voucher added to base level WestJet RBC Mastercard Jul 9th

WestJet and RBC have just added a new benefit to their base level co-brand Mastercard that really ups the game for entry level credit cards. This new benefit is an annual companion voucher for flights within Canada. That's right a companion voucher on a card that only runs $39 per year. Taking note .... More »

July 10 Update: Redeem for an AIR MILES Dream Reward for a chance to win a $5,000 gift card, more free points from Stash Hotel Rewards & more! + MORE Jul 10th

AIR MILES in collaboration with are offering members a chance to win a $5000 gift card and other prizes. All you have to do to enter is make a Dream Rewards redemption. For every mile you redeem for a Dream Reward you will receive one entry into the contest. In addition to th.... More »

Canada’s best Mastercard credit cards 2019 + MORE Jul 17th

As one of the top credit card processors in the world, Mastercard is both extremely popular and also nearly universally accepted. For those already banking at BMO Bank of Montreal, a major Canadian bank that associates with Mastercard, these cards may offer all the perks you’re after along with op.... More »

Mylo Review


Mylo ReviewIt’s very possible that when it comes to reaching your savings goals, nothing is more important than automation. Most people, no matter how hard they try, cannot save consistently if doing so requires a manual process. Mylo is a revolutionary app, the first of its kind in Canada, that not only automates your savings, it does so in such a way that you’ll hardly even notice.
Similar to Acorns in the U.S., Mylo links to your primary debit and/or credit card, and rounds up all of your purchases to the nearest dollar. It then withdraws the ‘spare change’, and invests it inside a low-cost ETF portfolio that you set up when you open the account.
What makes Mylo especially unique, is that it’s designed with your specific savings goals in mind. As I’ll explain in more detail later, Mylo wants to know what you’re saving for, and they’ll help you create a plan to make it happen. I found the concept so unique, that I thought I’d test it out myself by opening my own account.
Setting Up Your Mylo Account
As soon as you download the Mylo App, you’re ready to open your account…

Continue Reading On »


Compare insurance quotes through - save time and money!