Bank accounts

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…

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The Best High-Interest Savings Accounts in Canada

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 aware of what to look…

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The Best Place to Save Money and Earn Interest

The Best Place to Save Money and Earn Interest

Are you looking for the best place to save money and earn interest? There are many places where you can put your hard earned cash, but not all of them will make you any interest. Even the ones that do may not have a high interest rate, so many people look for the best place…

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EQ Bank Review

EQ Bank Review 2021 | Get 1.25% interest*

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 1.25% interest* rate on their EQ Bank Savings Plus Account and easily makes it one of…

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CDIC Insurance | How your CDIC limit works

Several people have reached out to me recently with questions about the Canada Deposit Insurance Corporation (CDIC). More specifically, they’ve asked me about my thoughts on the CDIC limit of $100,000 as they feel that it’s a bit low considering how much money they have in their accounts. It’s a reasonable consideration for someone who…

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Motusbank review

Motusbank Review

motusbank is here! The first thing you need to know is that motusbank is a Canadian digital bank which is a subsidiary of Meridian. In case you’re not familiar, they’re one of the most popular credit unions in Ontario and Canada. For years, Meridian has been offering some amazing products including one of the best…

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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…

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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 1.50%. This is one of…

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What to do if you're a victim of e-transfer fraud

What to do if you’re a victim of e-transfer fraud

Interac e-transfers is one of the most popular ways to send money. Although it’s often referred to as a safe way to transfer funds, it’s not exactly foolproof. There is more than one way where e-transfers can be made fraudulently which is why you need to be careful about how you use your accounts. Ideally,…

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PC Money account review

PC Money Account Review

PC Financial is back in the business of banking with its PC Money Account. Instead of focusing on high interest rates (like every other digital bank), the PC Money Account combines no fees with PC Optimum. In other words, instead of earning interest on your savings, you’ll earn PC Optimum points whenever you use your…

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