chequing accounts

In the United Kingdom, switching banks is incredibly easy. The Current Account Switch Service (chequing accounts are known as current accounts in the UK) is a free service that automatically closes your old account, moves your … Read More

The term Big Five says it all: When it comes to banking, Canadians don’t have much choice. If your current chequing account is your first and only, you’re among friends — a large number of respondents in … Read More

Credit unions are a big part of the Canadian banking system. Canada’s credit unions have more than 5-million members, and there are hundreds of local credit unions and caisses populaires serving communities from coast-to-coast. While credit … Read More

As a Canadian, it’s rare that you’ll make a direct investment yourself. Residential real estate and other appreciable property (like collectables or gold, for example) are the most common exceptions to this rule. You can buy … Read More

Chequing account fees are expensive. In Canada, some premium accounts cost as much as $30 every month – that’s $360 every year. And even though those high-end options come with all the bells and whistles you … Read More

The humble bank account – in all of financial services it seems to be the product that is easiest to understand. Money goes in, it sometimes earns interest, you often pay fees, and then you withdraw … Read More

Motivation plays a huge role in achieving goals. Whether you’re trying to pay off debt, saving for a home down payment, or saving for your dream of retiring early, at some point, motivation will come in … Read More

Having the same bank has its advantages: one debit card to carry, one online banking password and PIN to remember, and the opportunity to get a monthly discount if you have multiple products with the same … Read More

At Ratehub, we believe strongly in our mission of helping Canadians make smarter financial decisions. In order to do this, we need to understand more about how and why Canadians make the financial decisions they do. … Read More

It’s easy to accept things as they’ve always been; making peace with routine and the status quo because that’s all we’ve ever known. That sort of Laissez-faire attitude, however, can be detrimental to your finances. For … Read More