Whether you’re looking for a chequing, high-interest savings or long-term savings account, keep reading to explore our picks for the best online bank accounts in Canada. The 10 best online bank accounts in Canada in 2025 Best overall online bank account in Canada: EQ Bank Personal Account ...
Credit Union Chequing Accounts Many of the best chequing account options can also be found with your local credit union. Credit union members may be able to access no-fee chequing accounts or spending accounts with low fees and unlimited transactions. Also, you get to share in the profits at ...
Rates of unbanked and underbanked people are particularly high for those in low-income households. In 2023, 4.2 percent (representing around 5.6 million households) were unbanked — meaning no one in the household had a checking or savings account at a bank account or credit union. In addition...
Most of Canada’s best online banks are Canada Deposit Insurance Corporation (CDIC) members. This means that deposits of up to $100,000 per insured account type are 100% protected – even in the highly unlikely event that an online bank were to fail. That “per account” is interesting t...
Best no annual fee travel credit card: Discover it® Miles Best for building credit: Petal® 2 "Cash Back, No Fees" Visa® Credit Card Best low-interest credit card: Titanium Rewards Visa® Signature Card from Andrews Federal Credit Union Best for college students: Discover it® Stude...
Best for low annual fee:Capital One Venture Rewards Credit Card (see rates and fees) Best for lounge access:The Platinum Card® from American Express Best for students:Bank of America® Travel Rewards for Students Best for low interest:First Tech Credit Union Choice Rewards World Mastercard...
Every major bank, credit union and financial institution in Canada offers mobile banking. From the “Big Six Banks” like the RBC online banking app and CIBC mobile app, to apps from online-only banks like Tangerine and EQ Bank, plenty of choices are available. What are the disadvantages of...
Canada’s only Notice Account (super-high interest) *New* business accounts as of 2024 Cons: No RESP option Best Feature:No fees, great rates, convenient purchasing power, and a fantastic app. Visit EQ Bank & Get 2% Cashback Neo Financial — Runner Up for Best Online Bank in Canada ...
I often get questions about the best bank in Canada for newcomers, students, seniors, or online banking. The short answer is that your choice of a bank depends on your financial needs and preferences. And in many cases, you can also be well served through a credit union. This post covers...
We also see a lot of love for Redstone Federal Credit Union’s Visa Signature Card*, but not everyone is eligible to join the credit union. One Redditor says they would combine three no-annual-fee cards with the following features: a 2 percent unlimited rewards rate for catch all ...