Bank accounts

EQ Bank Review

EQ Bank Review 2020 | Get $20 for free!

If you’re looking for a Canadian bank that offers a good interest rate, then you need to check out EQ Bank who’s one of the most popular digital banks in Canada Right now, their interest rate is a respectable 2.00% interest* rate on their EQ Bank Savings Plus Account and easily makes it one of…

Read More
Scotiabank chequing accounts

Scotiabank Chequing Accounts

Scotiabank was founded in 1832 in Halifax, Nova Scotia and has since become the third-largest bank in Canada. It is also a multinational bank with more than 25 million customers worldwide. As such, you can bet that Scotiabank has plenty of products on offer as well including, of course, chequing accounts. A chequing account is…

Read More

The Best High-Interest Savings Accounts in Canada

**This post contains affiliate links With Canada having some of its lowest interest rates in the last decade the thought of a high-interest savings accounts in Canada may seem absurd. To complicate things, there are so many different banks in Canada and they all have various accounts that come with different features. If you’re not…

Read More

Tangerine Bank Review

Formerly known as ING Direct, Tangerine Bank has been in Canada for more than two decades. They were one of the first digital banks in the country and is one of the most recognized brands out there. The advantage of being one of the first players out there is that they know what their customers…

Read More
Compound Interest Definition and Explanation

Compound Interest Definition and Explanation

Compound interest is a common term you hear when it comes to investing. But, what exactly is compound interest, how does it work, and how can you best take advantage of it? I’m sharing what you need to know in this compound interest explanation. Compound interest definition So, what is compound interest? Compound interest is…

Read More

LBC Digital Review

The best high interest savings accounts in Canada just got a new player as Laurentian Bank has just launched LBC Digital, an online bank that helps Canadians improve their financial health. Like many other digital banks, you’ll pay no fees and get a high interest rate which is currently at 2.25%. This is one of…

Read More

CDIC Changes Coming

**This is a sponsored post written by me on behalf of Canada Deposit Insurance Corporation. All opinions are my own. The Canada Deposit Insurance Corporation (CDIC) is a federal Crown corporation that was created in 1967 to provide deposit insurance for Canadians. Although a Canadian bank hasn’t failed since 1996, many Canadians are still worried…

Read More

Why You Need to Have a High Interest Savings Account

How would you like to make money for free? Silly question, isn’t it? Of course you would, and you can easily with a high interest savings account. A high interest savings account (HISA) is something that every Canadian should have, yet there are still many that don’t. Chances are, that’s just because they don’t know…

Read More

Motive Financial Review

Motive Financial is the online banking division of Canadian Western Bank (CWB). Originally, this online platform was called Canadian Direct Financial which was created in 2008, however, in 2017 the company rebranded and Motive Financial was born. Due to the fact that Motive Financial is an online bank only, they are able to offer various…

Read More

Manulife All-In Banking Review

Not many people think about Manulife for their banking needs so it was pretty interesting when they introduced their new All-In Banking Plan which gives you access to 4 different products: an everyday bank account, a high-interest savings account, a no-fee cash back credit card and travel disruption insurance. The idea is that all of…

Read More