Financial Product Reviews
The National Bank Connected Chequing Account must have been created with the modern digital lifestyle in mind – the unlimited digital transactions, free Interac e-Transfers, mobile cheque deposits, and other features are precisely what today's mobile-friendly clients are looking for.
- Enjoy unlimited digital transactions
- Discounts on monthly fees for certain age groups
- Discount on credit card fees
- High minimum balance for waiving the fee
- You have to pay for in-branch transactions
- ABM fees are tricky to decipher
- Be a Canadian resident
- Be 14 years or older (to open an account)
For some of us, online grocery shopping has become an essential service in our lives. We can’t go back to the days of wandering grocery store aisles searching for what we need. Not only is the convenience of these services tough to beat, but they also save us time, money, and patience.
- Get a $25 GeniusCash bonus on your first order over $75
- Guaranteed fresh groceries
- Prompt, professional, and friendly delivery service
- Delivery pass for regular shoppers
- Promotions for new customers
- Grocery store prices on the high end
- Delivery isn't available everywhere
- New Customers Welcome Offers
- Earn Scene+ points
- Refer A Friend Program
The BMO Performance Chequing Account for Students is a version of BMO’s Performance Plan Chequing Account with special rates for students. This BMO chequing account is tailored for students and offers no monthly fees, unlimited transactions, and other perks.
- Get a $175 welcome cash bonus
- No monthly fee in this BMO student chequing account
- Unlimited transactions on all everyday purchases
- Unlimited e-transfers up to a certain amount
- Credit card rebate with your chequing account
- Available to international students
- BMO requires proof of enrollment for its student chequing account
- Extra charges on non-BMO withdrawals per month
- Students enrolled full-time in university, college, or private vocational school
- Proof of registration of student status or expected graduation required
- Annual credit card rebate of $40 on eligible BMO credit card
- Stays no fee for up to 12 months after graduation
- New account holders earn a cash bonus
Are you an international student studying in Canada? That’s great news, because the BMO Performance Chequing Account for International Students is a bank account designed especially for newcomers to Canada like you. Part of the BMO New Start® Program, this account offers perks like $125 in cash bonuses as well as 6 months worth of pizza, just for signing up for the account and completing a few simple actions. This BMO chequing account offers no monthly fees, as well as unlimited transactions and unlimited Interac e-Transfers, which can help you get off to a great start as a new student in Canada.
- A $125 welcome bonus plus pizza
- No monthly fee student chequing account
- Unlimited transactions for your day-to-day spending
- Unlimited e-transfers with daily limits
- Credit card rebate with your chequing account
- Extra fee for non-BMO ATM usage
- Proof of enrollment required for eligibility
- International students enrolled full-time in university, college, or private vocational school
- Proof of registration of student status or expected graduation required
- Canadian social insurance number
- Canadian address
- Annual credit card rebate of $40 on eligible BMO credit card
- Stays no fee for up to 12 months after graduation
- New account holders earn a cash bonus and six months worth of Domino's pizza
The BMO Performance Chequing Account for Newcomers is part of BMO’s NewStart Program, designed to make your transition to life in Canada smoother and more convenient. Available to permanent residents and foreign workers who have arrived in Canada within the last 5 years, this newcomer chequing account comes with two years of no monthly fees, unlimited transactions, including INTERAC e-Transfer®§ transactions, plus no-fee BMO Global Money Transfers, helping you feel financially at home right away.
- BMO newcomers account has non-BMO withdrawal fees
- Pricey monthly fee after the first two years
- Permanent residents and foreign workers arriving in Canada within last 5 years
- Proof of immigration status required
- No monthly fee for two years
- Earn up to $40 rebate on annual fees for eligible credit cards
- No-fee BMO Global Money Transfers
- Valuable welcome bonus
Personal banking and home shopping are done primarily online, so why not also take the home financing process digital as well? That’s where Pine comes in. Founded in Toronto, Pine’s mission is to simplify the mortgage process for Canadians. You can fill out a mortgage application on their website for free and get pre-approved within 24-hours. It’s quick and straightforward.
- Pine’s mortgage rates are currently lower than big banks
- Pine provides an easy online application process
- You can talk to real people about your Pine application and mortgage
- Pine is only available in certain provinces
- No in-person home advisor
- Some of the lowest advertised mortgage rates in Canada
- Earn $500 for you and a friend with client referral program
- Offers mortgage programs for those with poor credit
- Get a personal mortgage advisor who works on salary instead of commission
Canadians who watch a lot of sports know that pay-per-view costs can be steep, which is why streaming services like DAZN allow exclusive access to sporting events. DAZN subscribers have access to live and on-demand sports, including football, soccer, boxing, tennis, and baseball.
- Wide variety of sports coverage
- Pause, rewind, and rewatch live sporting events
- Scheduling and reminders
- Pricey subscription tiers
- Lack of NHL coverage
- Low device limit
- Be 18 years or older
- Ability to rewatch and rewind live events
- Built-in scheduling and reminders
- Exclusive sporting matches and content
Kids and parents alike will enjoy Mydoh, an RBC-powered money management app packed with useful features that make handing out allowance easier than ever. What started as a concept from a couple of MBA graduates is now a popular app.
- Completely free to use for everyone
- Mydoh is backed by a Canadian powerhouse bank: RBC
- Parents are the ones to set up the account
- Keeps track of kids' tasks and chores
- Kids have their own card to use for spending – within reason
- Kids can customize their card for a one-time fee of $6.99
- Parents who aren't tech-savvy can easily get confused
- Your child must have regular access to a phone or tablet to use it
- Saturday is now payday forever
- Mydoh Smart Cash Card gives kids limited access to spending online and in-store
- Use Mydoh Tasks to assign chores and household tasks for your kids
- A fun way for kids to learn financial literacy
- Add up to 2 parents and 5 children at no cost
With a Scotiabank personal loan, you have access to either secured or unsecured funds that can provide financial relief for a range of situations. Whether you need to pay for a home renovation, purchase a vehicle, or even consolidate your debts, a personal loan like this can be the lifeline you need.
- Customize your payment frequency and amounts
- Can postpone one payment each year
- Using an established bank provides peace of mind
- Unable to fill out applications online
- Interest rates aren't advertised
- Detailed information is difficult to find
- Be a Canadian citizen or permanent resident
- Meet the age of majority requirement for your province or territory
- Be employed
- Meet income and credit score requirements
- Flexible and customizable payment options
- 10 years
- 20 years
Founded in 2020, Walnut Insurance is the first company to offer life insurance membership plans that include subscriptions to various independent wellness products, such as Headspace. It's both a smart business move and an excellent way to supplement clients' health care needs.
- Subscription plans come with sweet perks
- Digital protection is a unique and convenient option
- A fully online application process
- Transparent and surprisingly low pricing
- Flexible age requirements
- Not available in New Brunswick or Quebec
- Only 2 term lengths available
- Ages 18 - 70
- Get term life insurance from RBC Insurance with extra benefits
- Digital membership protects your electronic devices
- Membership includes access to products and services like Headspace, Dashlane, and ClassPass
- 10 years
- 20 years










