How to open a newcomer bank account in Canada Newcomers can often apply for a new bank account over the phone, in person at a branch or via online banking. But you may be required to book an appointment to get your account set up. For those applying from outside of Canada, banks may...
#6 Motive Financial High Interest Savings Account Motive’s interest rate has gone through its ups and downs, and right now, it’s up. Its 3.8% interest rate makes it one of the most competitive savings rates in Canada. While its interest rate is great, we’ve received comments that its...
EQ Bank offers the overall best chequing account in Canada — the Personal Account. Ironically, this pick for the best chequing account also offers one of the highest promotional savings account interest rates on the market. So whether you’re looking for the best chequing account or best saving...
Travel rewards credit cards account for 22% of credit cards in Canada, according to a 2021 report by Payments Canada. Outside reduced travel costs, travel cards can offer travel insurance, airport lounge access, baggage fee discounts, no foreign transaction fees and more. The right travel credit...
Simply Canada's Best Online Bank. Excellent savings interest rates, superb platform, incredible value. Neo Money Account Review 4.4 / 5 Monthly Fees $0 Interest Rate 3% through Neo HISA, 1% through Neo Money No Available Promotion Visit Neo A solid hybrid account with an every day inte...
For your other banking needs, EQ Bank has TFSA and RSP savings accounts,GIC investment,U.S. Dollar account, and access to competitive mortgage rates. Fees:No monthly banking fees ($0). Promotion: The saving rate is non-promotional.
Functioning as both a spending and a saving account, the PC Money Account has been revamped to offer one of the highest on-going interest rates in Canada. With no monthly fee and unlimited free transactions, you can earn PC Optimum points every time you spend and earn a high interest rate...
Also included in this category are your savings contributions, such as in a 401(k) or high-yield savings account. Label the monthly expenses as fixed or variable: Go through your list of monthly expenses and now label each as a fixed (essential items) or variable cost (nonessential items)...
After previous rate cuts, some banks have steadily lowered their savings account yields. This trend is expected to continue if the Fed decides to lower rates in 2025, but savings accounts are still offering rates that outpace therate of inflation, which is 3.0 percent year-over-year as of Ja...
The top savings account rates in the country are listed below in order of APY. Where more than one financial institution has the same rate, we've ranked accounts by those requiring the smallest minimum ongoing balance, and if the same there as well, we list the tied institutions alphabeticall...