Banking

Best High Interest Savings Accounts in Canada

Best High Interest Savings Accounts in Canada

A solid savings plan is a key ingredient in successful financial planning. Here's how a savings account can help you set aside money for the future.

Types of Bank Accounts in Canada

Types of Bank Accounts in Canada

We round up the types of bank accounts available to Canadians, and their pros and cons — including some new players disrupting the game.

How to Switch or Change Banks in Canada

How to Switch or Change Banks in Canada

Are you unhappy with your current bank and considering switching to a new one? Here's how to do it the smart and hassle-free way.

How to Send Money From Canada to China (4 Easy Steps)

How to Send Money From Canada to China (4 Easy Steps)

How to Send Money From Canada to Mexico (4 Easy Steps)

How to Send Money From Canada to Mexico (4 Easy Steps)

How to Send Money From Canada to Australia (4 Easy Steps)

How to Send Money From Canada to Australia (4 Easy Steps)

How to Send Money From Canada to Cuba (4 Easy Steps)

How to Send Money From Canada to Cuba (4 Easy Steps)

How to Send Money From Canada to India (4 Easy Steps)

How to Send Money From Canada to India (4 Easy Steps)

How to Send Money From Canada to Pakistan (4 Easy Steps)

How to Send Money From Canada to Pakistan (4 Easy Steps)

How to Send Money From Canada to Philippines (4 Easy Steps)

How to Send Money From Canada to Philippines (4 Easy Steps)

How to Send Money From Canada to the United Kingdom (4 Easy Steps)

How to Send Money From Canada to the United Kingdom (4 Easy Steps)

How to Send Money From Canada to Nigeria (4 Easy Steps)

How to Send Money From Canada to Nigeria (4 Easy Steps)

If you have tried sending money from Canada to Nigeria, you likely have faced some hurdles. Read on to find out how you can do so without having to break the bank in fees!

How to Send Money From Canada to the USA (4 Easy Steps)

How to Send Money From Canada to the USA (4 Easy Steps)

Whether you're looking to send money from Canada to the USA for personal or business needs, we've got you covered with 4 simple steps!

How To Open a Canadian Bank Account

How To Open a Canadian Bank Account

Everyone can benefit from having at least one bank account to help manage their money. Here's the entire process for opening one from start to finish.

Money Order vs Certified Cheque: What’s the Difference?

Money Order vs Certified Cheque: What’s the Difference?

Money order and certified cheques both serve as payment methods. Here's how they differ and when it's preferable to use one over the other.

Best Chequing Accounts in Canada

Best Chequing Accounts in Canada

A chequing account is one of the most basic and essential financial tools you can use. Here's how it works and how it differs from a savings account.

What is a Hybrid Bank Account in Canada?

What is a Hybrid Bank Account in Canada?

A hybrid bank account combines the best that chequing and savings account have to offer. Read on to learn if you should consider opening one.

What is a Credit Union in Canada?

What is a Credit Union in Canada?

You've probably heard of credit unions, but do you really know what they are? Learn everything you need to know about credit unions right here.

Canada Deposit Insurance Corporation (CDIC): What It Is & How Much It Covers

Canada Deposit Insurance Corporation (CDIC): What It Is & How Much It Covers

Should your bank go bankrupt, your money may be lost forever. Luckily, the Canada Deposit Insurance Corporation will step up to cover your losses.

How to Find Your Bank Account Number in Canada

How to Find Your Bank Account Number in Canada

Whether it’s for a money transfer, a new job or car insurance payments, here's exactly how to get your hands on your bank account number.

Wire Transfers: Everything You Need To Know

Wire Transfers: Everything You Need To Know

Thinking of sending a wire transfer? Make sure you have all the information first. This guide has you covered.

What is Overdraft Interest in Canada?

What is Overdraft Interest in Canada?

Has your bank account gone into overdraft recently? If so, you can expect interest charges to appear shortly. Is there a way to avoid them?

Here’s What a Financial Institution Number Is & How to Find It

Here’s What a Financial Institution Number Is & How to Find It

Each financial institution has a unique three-digit code assigned to them. Learn why it's important and how to find the one used by your bank.

Best Joint Bank Accounts in Canada

Best Joint Bank Accounts in Canada

Are you and your family currently juggling multiple bank accounts? If so, this guide can help you decide if merging them into one is a better option.

Here’s What a Credit Memo is in Canada

Here’s What a Credit Memo is in Canada

A credit memo is a document that's routinely used in business, but can be a confusing concept. Learn how it works and why companies issue it.

NSF Fees (Non Sufficient Funds) in Canada & How To Avoid Them

NSF Fees (Non Sufficient Funds) in Canada & How To Avoid Them

NSF fees come as an unexpected surprise. They are among the most expensive everyday fees a bank can charge. Let's look into how they work.

A Guide to Interac e-Transfer: Send & Receive Money

A Guide to Interac e-Transfer: Send & Receive Money

Interac e-Transfer is one of the fastest and cheapest ways to send money in Canada. Let's go over how they work and how you can send one today.

3 Trusted Alternatives to Zelle Canada

3 Trusted Alternatives to Zelle Canada

Zelle is a popular domestic money transfer service in the US. But how can Canadians use it, or what are the alternatives?

How to Write a Cheque in Canada (Step by Step Guide)

How to Write a Cheque in Canada (Step by Step Guide)

There are many situations where a good old-fashioned cheque is necessary. The good news is that even if you’ve never written a cheque, it’s very easy.

What is a Bank Draft in Canada and How it Works

What is a Bank Draft in Canada and How it Works

A bank draft is a popular payment method used for large purchases that doesn't require withdrawing cash. Learn how it works and why it's advantageous.

Difference Between Credit Union and a Bank in Canada

Difference Between Credit Union and a Bank in Canada

Credit unions and banks offer similar products and services, but one might be more suitable for you than the other based on some key differences

Void Cheques: A Complete Guide

Void Cheques: A Complete Guide

A void cheque offers several conveniences to Canadians when it comes to direct deposits. Let's go over how void cheques work and the alternatives.

Venmo Canada is Not Available, Here are 3 Alternatives

Venmo Canada is Not Available, Here are 3 Alternatives

Venmo is not currently available in Canada. There are several alternative international and Canadian-domestic money transfer services that are available to Canadians.

Is Cash App Available in Canada? Here are 3 Alternatives

Is Cash App Available in Canada? Here are 3 Alternatives

Cash App is a popular mobile banking and money transfer app. Unfortunately, it's not available in Canada. Here are some alternatives.

Wise Canada Review: Safe & Easy Money Transfer App (Transferwise)

Wise Canada Review: Safe & Easy Money Transfer App (Transferwise)

Are you in need of a low cost, safe, and reliable way to send money overseas? If so, you might want to consider what Wise has to offer.

The Big 5 Banks: Which Is The Biggest Bank in Canada?

The Big 5 Banks: Which Is The Biggest Bank in Canada?

The "Big Five" refers to the five largest banks in Canada. In this guide, we explore who they are, how much they earn, and the amount of assets they own.

5 Ways to Minimize and Save on Banking Fees

5 Ways to Minimize and Save on Banking Fees

Bank charges can pop up out of nowhere and in all forms. Learn about the most common ones and how you can keep them at a minimum.

Wealthsimple Cash: A Complete Guide

Wealthsimple Cash: A Complete Guide

Wealthsimple's Cash app is a money transfer platform that makes sending and receiving money a breeze - and there are no fees to pay!