Canadian Dividend All-Stars 2024: Past performance + MORE Jan 23rd
The best high-interest savings accounts in Canada for 2024 + MORE Jan 2nd
How to invest as a teenager in Canada + MORE Dec 5th
FHSA withdrawal rules and rental property advice for a first-time home buyer + MORE Oct 16th
10 simple ways to save money Aug 21st
If you’re on CERB, you’re going to have to pay taxes on it next spring — here’s how to make sure you’re not caught off guard
– thestar.com
EQ Bank review 2020
– moneysense.ca
Who is EQ Bank?
EQ Bank—quick review
How to make deposits and access funds with an online EQ Bank account
What you need to know about the EQ Bank Savings Plus high-interest savings account
GICs at EQ Bank
How EQ Bank’s international money transfers, powered by TransferWise, work
What you need to know about signing up for an EQ Bank account
Sign-up requirements
Sign-up process
No-fee digital bank accounts have grown in popularity and availability in recent years. It’s easy to understand why: You can always access them from the comfort of your home; they charge few to no fees because they don’t need to cover the costs of brick and mortar locations; and these high-interest savings accounts usually come with great rates, which makes them perfect for building your savings.
EQ Bank’s Savings Plus Account is a fantastic offering in this category (for personal banking only; they don’t offer business accounts). This account charges zero fees for everyday services, and it’s flexible, allowing you to transfer money and pay bills (so it operates similarly to a chequing account)…
What to do with $500, $1,000 or $10,000 right now
– moneysense.ca
What to do with this bonanza of found savings? We asked four experts what they recommend clients do with an extra $500, $1,000 and $10,000.
Adrian Mastracci, portfolio manager with Vancouver-based Lycos Asset Management Inc., suggests any extra savings should be “parked out of sight” for a month or two while you analyze your needs and options: “Don’t rush into anything, no matter how appealing.”
Parking extra cash in a savings account is a starting point, and couples need to figure out whose money it is for tax purposes. Of course, savings accounts pay almost nothing, so the tax burden will be relatively light for the partner who elects to claim it…
If you’re on CERB, you’re going to have to pay taxes on it next spring — here’s how to make sure you’re not caught off guard
– thestar.com