Banking

Best RESP Providers in Canada

Best RESP Providers in Canada

Choosing the best RESP provider involves considering factors such as reputation, fees, investment options, and customer service.

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?

Scotiabank vs RBC: Comparison of Canadian Banks

Scotiabank vs RBC: Comparison of Canadian Banks

Scotiabank and RBC are two of the largest and most well-established banks in Canada.

TD vs RBC: Which Canadian Bank is Better?

TD vs RBC: Which Canadian Bank is Better?

In this article, we will compare TD and RBC across various aspects, including accessibility and branch network, online and mobile banking experience, account types and fees, customer service and support, and credit card options.

Is Koho Safe to Use? (Yes, Here’s Why)

Is Koho Safe to Use? (Yes, Here’s Why)

KOHO is just as safe to use as any other financial institution and is CDIC insured.

Best High Interest Savings Accounts in Canada (2024)

Best High Interest Savings Accounts in Canada (2024)

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.

4 PayPal Alternatives for Canadians

4 PayPal Alternatives for Canadians

PayPal still holds a huge share of the online money transfer market. But today, there are many other platforms available, such as Apple Pay and Wise

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.

How to Send Money from Canada to the US

How to Send Money from Canada to the US

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!

Prime Rate in Canada

Prime Rate in Canada

If you're in the market for a loan, it's worth knowing what the prime rate is and where it may be headed. Here's how it works and its impact on loan payments.

How to Read a Canadian Cheque

How to Read a Canadian Cheque

Do cheques confuse you? Here's how to interpret the information found on a cheque correctly so you know what to do with one if you come across it

Does Venmo Work in Canada?

Does Venmo Work in Canada?

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

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.

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 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.

Send Money from Canada to Cuba

Send Money from Canada to Cuba

The process to send money to Cuba is not as easy as sending money to other countries due to restrictions on financial transactions with the country.

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.

Send Money from Canada to China

Send Money from Canada to China

When looking to send money to China, you have the option of using various online platforms such as Wise (previously known as Transferwise), Remitly, WorldRemit, Skrill or XE.

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.

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 (2024)

Wise Canada Review (2024)

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.

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.

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.

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.

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.

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.

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.

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.

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!

Send Money from Canada to Mexico

Send Money from Canada to Mexico

Sending money to Mexico has never been easier with various online providers as well as banks offering the service.

Send Money from Canada to Australia

Send Money from Canada to Australia

Sending money to Australia can be done in as quick as 1 business day!

Send Money from Canada to India

Send Money from Canada to India

Send money to India quickly and easily by following our simple guide!

Send Money from Canada to Pakistan

Send Money from Canada to Pakistan

If you're looking to send money to Pakistan from Canada, we've outlined a number of options to make the task simple and quick.

Send Money from Canada to Philippines

Send Money from Canada to Philippines

Sending money to family and friends in the Philippines can be done with a few simple clicks online.

Send Money from Canada to the UK

Send Money from Canada to the UK

Depending on what you value (cheapest cost, fastest speed), here are a few providers that may be a worthwhile option for you.

Send Money from Canada to Nigeria

Send Money from Canada to Nigeria

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

What is DS CANADA TXD/DIM Bank Charge?

What is DS CANADA TXD/DIM Bank Charge?

Don’t panic! The DS Canada TXD/DIM bank charge is completely normal if you often use your Mastercard Debit Card to pay for things.

What is Royal Foreign Exchange Withdrawal?

What is Royal Foreign Exchange Withdrawal?

Royal Foreign Exchange Withdrawal is a transaction that shows up on statements for RBC clients that indicate a foreign exchange withdrawal.

Understanding BR to BR Bank Charges

Understanding BR to BR Bank Charges

BR to BR bank charge occurs when you transfer money between two financial institutions.

Does OSAP Cover Residence Fees? Exploring Financial Aid for Student Housing

Does OSAP Cover Residence Fees? Exploring Financial Aid for Student Housing

Whether OSAP covers the cost of residence is highly circumstantial. They do provide funds for ‘Travel and living allowances’ however how much you receive will depend on your individual and family circumstances.

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.

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 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.

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.