How to go about securing the best savings strategy in Canada.
Why is everyone always rushing to contribute to RRSPs this time of year? And does it makes financial sense for you to make extra contributions before the March 1 deadline? This time of year is often referred to as RRSP season, as many of us rush to make contributions before the RRSP contribution.... More »
Last week, Canada’s biggest bank, RBC, cut its five-year fixed rate by 15 basis points. This gave customers the option to lock in their mortgage rate at 3.74 per cent, for a five-year term. And surely enough, TD Bank and BMO Bank of Montreal followed suit and cut their five-year fixed rates to th.... More »
At this time of year, it seems like the financial world is awash with information on what is a Registered Retirement Savings Plan (RRSP), the benefits of having one, and how to start one. But there are still a few planning points that Canadians either aren’t aware of or don’t know how to fully .... More »
Growing up, I thought I always had a knack for being financially responsible. My parents constantly lectured me about the importance of spending within my means and saving from a young age, so I would be careful not to spend too much while out with friends, and would throw a few dollars in my savin.... More »
With the Canadian dollar hovering around $0.78 U.S., those who travel frequently to the U.S. (or just about every other country that accepts U.S. dollars over Canadian) are likely taking a financial hit with every purchase. If the cost of exchanging money back and force between currencies is putt.... More »
Every year, RateSupermarket.ca carefully analyzes the Canadian credit card and banking industry and awards the best products at its Best of Finance Awards.
There will come various points in every person’s life when they’ll be required to make a financial choice. But when there are hundreds of banking products on the market, applying for a mortgage, a line of credit, a loan or even a credit card can be overwhelming. What features should you look for? Which product will help you save or earn more?
At RateSupermarket.ca, we strive to help every Canadian consumer find the credit card, bank account or investment product that best fits their lifestyle and budget. That’s why we annually recognize some of the top products in the personal finance industry at our Best of Finance Awards, helping you – the consumer – ultimately find your best match.
In selecting the top nominees in each category, we examined dozens of products and took various factors into consideration, such as points, miles, interest rates, balance transfer rates and annual fees…