Deposits

Ratehub.ca took the liberty of creating this guide to credit unions in Toronto.

Have you ever wanted a chequing account with a rate as competitive as a high-interest savings account? Well, you’re in luck, because these accounts exist, and while somewhat rare, hybrid bank accounts are great financial products that allow Canadians to earn high-interest on chequing account deposits.

*All rates current as of June 4, 2019. Guaranteed Investment Certificates (GICs) are investments that are similar to savings accounts. GICs earn interest that is guaranteed and comes with insurance. Unlike stocks, GICs are a very … Read More

More start-ups and companies are taking a customer-focused approach to doing business, with banks following en suite–and it’s about time. Thousands of Canadians each year are ditching their overpriced bank accounts and making the cost-conscious switch to … Read More

The old “GICs vs. Robo-Advisors” discussion seems as far fetched as comparing apples with oranges. However, both investing methods share more similarities than most investors might believe.

A chequing account is something almost every Canadian citizen uses throughout their entire life. That said, a product with everyday use can rack up a significant amount of unnecessary fees — if the bank or credit … Read More

The world has gone almost completely digital: We order our meals with a few clicks and they’re delivered right to our door, we communicate increasingly online, and banking can be done right from our phones. And … Read More

If you’re thinking of venturing into the world of automated investing check out this list of the best robo-advisors in Canada for 2019.

Tax-Free Savings Accounts (TFSAs) are catching on in Canada, with more than four in 10 Canadian households already contributing to one, according to the latest Census. Unfortunately, some investors are missing out on the full benefits … Read More

Finding the best chequing accounts in Canada can be a difficult task for many. With transaction limits, ATM fees, and monthly account charges, chequing account expenses can add up fairly quickly. The good news is that there are several cost-effective chequing accounts that can save you most — if not all — of the fees typically associated with a chequing account.