First comes love, then marriage, and then separate bank accounts. The days of “what’s yours is mine” may be behind us as more and more couples move toward…
Read more More couples are ditching joint bank accounts, and experts see a benefitRecently, 14 financial institutions—including all 6 Big Banks—agreed with the Financial Consumer Agency of Canada (FCAC) to offer low- and no-cost bank accounts to all Canadians. Bank account…
Read more Cut unnecessary costs with one simple change to your banking – MoneySenseBanking these days is something that increasingly leaves out the bank. “People don’t go to an ATM or into a bank a lot anymore, instead they mostly log…
Read more How to protect your bank account – MoneySenseWhen you hold money in a savings account, interest is money you receive for lending those funds to the financial institution. The interest is calculated daily and paid…
Read more How does interest work in a savings account? – MoneySenseEQ Bank Personal Account If you’re looking for a chequing-style account that you can use daily and use to save while also earning interest, consider EQ Bank’s Personal…
Read more Should you get that promo rate? Check out the fine print first – MoneySenseBuilding better financial futures Sure, you get all the premium banking features you’d expect, including free Interac e-Transfers, more included ATM transactions, credit card rebates and online ID…
Read more A one-of-a-kind solution is helping Canadians build a better financial future – MoneySenseEarlier this year, the HBP got a significant makeover. Here’s what’s new about the HBP, plus how you can use it together with other savings tools: a first…
Read more How changes to the Home Buyers’ Plan could affect your down payment – MoneySenseAll the while, you’ve got a serious case of FOMO every time you check social media—all those friends who are jetting off on lavish vacations, buying new cars…
Read more How much money should I have saved by age 40? – MoneySenseFor most Canadians, using a broker is the wisest choice to save money, as they have access to a wider selection of products and should have more experience…
Read more Mortgage broker vs. bank—which will save you more money? – MoneySenseSometimes the fraud is sneakier—although who can be blamed for wanting to pay a bill? For Daria, she and six friends paid Bailey, a “travel hacker” for a…
Read more “Can I get scammed through an e-transfer?”—and other questions about protecting yourself from fraud – MoneySenseRBC spokesperson Christine Stewart said in an email that the bank will begin converting HSBC branches and offices on March 28, the same day its $13.5-billion takeover deal…
Read more RBC to convert HSBC locations as soon as takeover closes next week – MoneySense1 As a new customer, can I apply for a chequing account digitally? ✔ desktop ✔ desktop ✔ desktop ✘ ✔ desktop ✔ ✔ desktop ✘ ✔ desktop…
Read more Best online banks and credit unions in Canada for 2024 – MoneySenseWhat is a bare trust? The Income Tax Act does not specifically define a bare trust, Chander. The Canada Revenue Agency (CRA) says: “A bare trust for income…
Read more What new bare trust tax filing rules mean for Canadians – MoneySenseThe Reserve Bank of India (RBI) on Thursday said 97.62 per cent of the ₹2,000 banknotes in circulation as on May 19, 2023, had been returned by February…
Read more ₹2000 withdrawal: Total value of banknotes in circulation declined to ₹8,470 crore by Feb-end: RBIAlthough the transition will be largely managed internally by RBC, current HSBC customers might have questions about what’s coming up in the next two months. In this article,…
Read more RBC’s takeover of HSBC: What will happen to HSBC Canada customers? – MoneySenseWhether you’re planning to cohabitate or you’re already living together and are starting to plan financial goals, here are some tips on bringing your money together. Talk about…
Read more Married with money: How to combine finances with your partner – MoneySenseSo, you’re looking for a new bank account. You’ve got several factors to consider — ATM access, interest rates, monthly account fees, minimum balances, online bill payments and…
Read more The 20 Best Bank Promotions of February 2023Do you remember why you chose your current checking account? If you got started early, your parents might have helped you open a kids’ checking or savings account…
Read more Best Checking Accounts – Our 10 Recommendations6 Best Military Banks and Credit Unions Name Top Feature Best For Service Credit Union 10% savings APY High-yield savings SEE DETAILS America’s Credit Union 2.02% checking APY…
Read more 6 Best Banks and Credit Unions for Military in 2023As one of the largest financial institutions in the United States, Bank of America has a lot to offer. The range of personal and business account options is…
Read more Bank of America Review 2023: Big Bank, Big Advantages
