Financial Product Reviews

QuickBooks is a full-featured accounting suite that helps businesses manage their finances with several interconnected products and features. With income and expense tracking, automatic payroll support, inventory tracking, performance insights, and tax assistance, QuickBooks is an incredible all-around tool for businesses. It's hard to find another money app with as many features.

The Questrade FHSA was the very first First Home Savings Account (FHSA) to be available to Canadians. And for those that are already active investors, this FHSA was a welcomed addition to the Questrade investment platform portfolio. But for hopeful homebuyers that want to save for their down payment, is this their best FHSA option? Or is this FHSA better left to more robust investors?

XRP is a cryptocurrency that's part of Ripple, a privately held company that is building a payment and exchange network. Ripple’s main purpose is to connect banks, money services, and digital exchanges, enabling faster, cost-effective, and frictionless global payments.

Need some data while travelling? An eSIM plan is a must to avoid high international roaming charges from your Canadian mobile carrier. Saily eSIM gives you access to much cheaper international data rates than what your carrier can provide you when outside of Canada.

For digital or online-only businesses, the Float Business Account could be the business bank account for you. It comes with unlimited digital transactions, which includes ACH, EFT, and wire transfers. Float also offers very low foreign exchange fees of 0.25% on CAD and USD conversions, up to 4% on your CAD and USD balances, and no monthly fees for the base plan. Businesses can hold both Canadian and U.S. dollar accounts that are CDIC-protected up to a total of $100,000 (across both accounts).

Equifax Complete Protection (not to be confused with Equifax Complete Premier) takes your digital information security to another level completely. It includes the usual credit monitoring services you'd expect from Equifax, including credit alerts, daily updates of your credit score and report, and help with ID theft recovery. But it includes much more – VPN access from NordVPN, password manager from NordPass, and social media monitoring, parental controls, and even notifies you if your personal data has been leaked online.

If you're in need of building your credit, Kikoff can do just that. For a monthly fee of $10, Kikoff builds your credit & reports it to Equifax. Turn on autopay to make on-time payments each month, and then watch your credit grow.

An eSIM for travel is a must if you need data while you're travelling. And they're much cheaper than paying for your own cell phone plan's roaming rates. Holafly offers competitive prices for unlimited data plans all over the world.

The Neo Savings Account for Youth is a kids account from one of Canada's top online banking institutions, offering a very impressive interest rate – currently 3% – and many other valuable features. Technically, this account is just the Neo Savings Account, but it's marketed for younger clients. When the account holder turns 18 (or the age of majority in their province), the auto-transition is simple, since it's not really a transition at all.

The Scotiabank Preferred Package for Students and Youth is one of the best chequing accounts for students. It's basically the Scotiabank Preferred Package, except this version has no monthly fee. To qualify, you simply need to be under the age of 23 or be enrolled at a post-secondary institution.