Banking
To send money abroad from Canada without stress and hidden fees, ditch the bank. Instead, consider digital platforms and alternative providers like Wise, OFX, WorldRemit, and others. Even cryptocurrency is a great way to move money around the world on the cheap. These methods can offer considerable savings and unique features to meet various needs […]
You can exchange currency in Canada quickly and easily whether you’re going on vacation, travelling for business, or moving abroad. Unfortunately, the currency exchange process can be unnecessarily expensive if you don’t know where to go and what to do. But with so many exchange options, like banks, specialized exchange services, credit cards, and more, […]
Not all chequing accounts are free. Some require a monthly fee that can often be waived if you maintain a certain balance in your account. We used a chequing accounts comparison tool to find the best free chequing accounts described in this article. As you will see, some chequing accounts go as far as removing […]
The best bank account for kids is specifically designed for youngsters under a certain age and provides essential features like no monthly fees, no minimum balances, lots of free transactions, and a debit card. Ideally, you want an account that also pays interest and offers rewards. The right kid’s account should also have the tools […]
Online banks offer many of the same services that traditional banks do, like chequing and savings accounts, payment cards, daily banking transactions, and more – but at a fraction of the cost. They are digital-only institutions that do not have any physical branches. With lower operating costs than their brick-and-mortar counterparts, online banks are able […]
Interac e-Transfers are great if you’re looking for a quick way to transfer funds from one Canadian chequing account or savings account to another. Interac e-Transfers allow you to send and receive money within a few minutes. They’re safe thanks to security features like adding a security question to the transfer that the receiver will […]
We understand that moving to a new country can be pretty stressful, especially when it comes to your finances and figuring out how everything works. This guide should help you get started and aim you in the right direction when it comes to things like choosing a Canadian bank, building up your credit score, and […]
If you have ever found yourself in need of a personal loan, you probably found that different banks have different criteria for being approved. When you are in a financial pinch, you want to know exactly which institution will approve you in the shortest amount of time. This is why it is critical to know […]
Sick of the Big Six? Then you’ve likely come across EQ Bank on your hunt for fee-less banking and unbeatable interest rates. But wait, isn’t there also an Equitable Bank? Are they the same, or are they two entirely different entities? With both sporting the same bright yellow emblem, it’s no wonder you’re confused. EQ […]
Joint bank accounts can be a helpful tool for you and your partner as you navigate the financial side of life. Whether you are saving for a trip or paying off your mortgage, combining your savings can help get you organized for some of life’s biggest purchases. The thing about joint bank accounts in Canada […]
In collaboration with KOHO Canada’s big banks are charging increasingly high interest rates to borrowers, but their savings accounts aren’t keeping pace. Your nest egg is likely growing more slowly than inflation. The consequence? A loss of your purchasing power. How can you come out on top in such a context? Simply by finding the […]
In Canada, private banking isn’t just another service. This exclusive suite of financial solutions exists specifically for high-net-worth individuals (HNWI). These individuals have more than $1 million in investable assets. In 2022, HNWI made up more than 350,000 of Canada’s 40 million residents. To win the business of the wealthy, banks elevate their offerings well […]
