Financial Product Reviews
Min Monthly Fee
N/A
Max Monthly Fee
$0
Kids Included For Maximum Fee
5
Task Manager
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.
Pros
- 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
Cons
- 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
Provinces
AB, BC, MB, NB, NL, NU, NT, NS, ON, PE, SK, YT, QC, ALL
Eligibility
See Issuer for Details
Why You Want It
Easily track your kids' spending + Automate allowance and chore assignments.
Special Features
- 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
Min Monthly Fee
N/A
Max Monthly Fee
$0
Kids Included For Maximum Fee
5
Includes Prepaid Card
Promotion
N/A
Flexible Terms
Minimum Loan Amount
N/A
Maximum Loan Amount
N/A
APR Range
See Issuer for Details
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.
Pros
- Customize your payment frequency and amounts
- Can postpone one payment each year
- Using an established bank provides peace of mind
Cons
- Unable to fill out applications online
- Interest rates aren't advertised
- Detailed information is difficult to find
Provinces
ALL
Eligibility
- 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
Why You Want It
Customize your payment structure + Postpone a payment once a year.
Special Features
- Flexible and customizable payment options
Pre-approval
Flexible Terms
Loan Amounts
See Issuer for Details
APR Range
See Issuer for Details
Term Range
1 to 5 years
Minimum Credit Score
See Issuer for Details
Secured Available
Term Life Insurance
Terms Available
- 10 years
- 20 years
Permanent Life Insurance
Guaranteed Acceptance Life Insurance
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.
Pros
- 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
Cons
- Not available in New Brunswick or Quebec
- Only 2 term lengths available
Provinces
AB, BC, MB, NL, NU, NT, NS, ON, PE, SK, YT
Eligibility
- Ages 18 - 70
Why You Want It
Get up to $1M in coverage in minutes + Premiums starting at $10 a month.
Special Features
- 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
Term Life Insurance
Terms Available
- 10 years
- 20 years
Permanent Life Insurance
Guaranteed Acceptance Life Insurance
Universal Life Insurance
Minimum Balance To Waive Fee
N/A
# Of Free Monthly Transactions
Unlimited
# Of Free Monthly Interac E-Transfers
Unlimited
Monthly Fee
$0.00
If you’re looking for a simple, straightforward bank account that happens to earn you PC Optimum points, look no further than the PC Money Account. It shares some similarities with a chequing account, but avoids all monthly fees and includes unlimited transactions.
Pros
- No fees for transactions or e-Transfers
- Unlimited transactions
- Works like a prepaid Mastercard
- Optional savings feature with interest
Cons
- No option to use cheques
- Can't deposit cash or cheques at ATMs
- Annoying $20 inactivity fee
Provinces
ALL
Eligibility
- Resident of Canada
- At least 16 years old
Why You Want It
Earn 5 PC Optimum points per $1 spent everywhere + No monthly fees.
Special Features
- Earns at least 5 PC Optimum points per $1 spent
- Access to PC Financial ATMs
- Earn up to 5,000 monthly bonus points when you deposit your payroll
- Earn up to 5,000 bonus points for making monthly bill payments
Minimum Balance To Waive Fee
N/A
# Of Free Monthly Transactions
Unlimited
# Of Free Monthly Interac E-Transfers
Unlimited
Monthly Fee
$0.00
Excess Transaction Fee
N/A
Excess Interac E-Transfer Fee
N/A
Maximum Credit Card Annual Fee Waiver
N/A
Maximum Welcome Bonus
N/A
Promo End Date
See Issuer for Details
Physical Locations
Automatic Budgeting System
Minimum Interest Rate
2.2%
Earn Rewards On Debit Purchases
Free Cheques
Free Bank Drafts
Max Rebates For Other Accounts
N/A
Discounts For Seniors
Discounts For Youth
Other Discounts
Minimum Investment
$0
Maximum Stock Fee
$0
Maximum ETF Fee
$0
Account Maintence Fees
$0
The National Bank Direct Brokerage is one of the top-rated online brokers in Canada, thanks to its competitive fee structure, library of training sessions and tips, and the security offered by a major financial institution. This was the first online trading platform to offer commission-free for stocks and ETF trades in Canada, and its recently launched mobile app makes National Bank Direct Brokerage even more convenient for trading on the go.
Pros
- No trading fees to worry about
- Webinars, training sessions, and analysis tools
- Backed by a solid financial institution
Cons
- Surprisingly large administration fee
Provinces
ALL
Eligibility
- Be a Canadian resident
Why You Want It
$0 commission on all transactions + No minimum balance to get started.
Special Features
- Market-Q, Options Play, Decisions-Plus and more tools available
- Several types of accounts and products to choose from
- Access to a range of tools, webinars, and tutorials on investing
Types Of Accounts
- RRSP
- TFSA
- Cash
- Margin
- Short-selling
- RESP
- Spousal RRSP
- RRIF
- Spousal RRIF
- RESP
- FHSA
Types Of Investments
- Equities
- ETFs
- Options
- Mutual funds
- Bonds
- Exchange-traded debentures
- GICs
- Linked notes
Minimum Investment
$0
Email Support
Live Chat Support
Phone Support
Minimum Stock Fee
$0
Maximum Stock Fee
$0
Minimum ETF Fee
$0
Maximum ETF Fee
$0
Active Trader Stock Fee Per Trade
N/A
Cover Transfer Fees?
Minimum Deposit To Cover Transfer Fee
$20,000
Maximum Covered Transfer Fee
$150
Withdrawal Fees?
Account Maintence Fees
$0
Inactivity Fee Amount
$0
Promotion Description
N/A
Promotion Max Value
N/A
Promotion Requirements For Max Value
N/A
Promotion End Dates
N/A
Flexible Terms
Minimum Loan Amount
N/A
Maximum Loan Amount
N/A
APR Range
N/A
An RBC personal loan is one offered by the Royal Bank of Canada, which is the largest bank in the country. Applying for a personal loan can be a way to achieve the funds you need for things like home renovations, buying a car, consolidating your debt, etc. And since RBC is such a Canadian powerhouse, it can be a good choice for those looking for a financial institution that'll provide peace of mind along with a personal loan.
Pros
- Flexible loan terms
- Several options for payment frequency
- Can easily make changes online
Cons
- Very little information online
- No help options via email or instant chat
Provinces
ALL
Eligibility
- Canadian citizen or permanent resident
- Age of majority in your province
- Valid bank account
- Meet income and credit score requirements
Why You Want It
No early prepayment penalties + Skip a monthly payment once a year.
Special Features
See Issuer for Details
Pre-approval
Flexible Terms
Loan Amounts
N/A
APR Range
N/A
Term Range
N/A
Minimum Credit Score
N/A
Secured Available
Min Fee
$139
Max Fee
$199
Free Will Updates
Create A Record Of Your Assets
Ever wondered what an online will service look like if it were designed by actual estate planning lawyers? Epilogue Wills is the brainchild of Daniel Goldgut and Arin Klug, a couple of lawyers who saw a niche market opportunity and decided to go for it.
Pros
- Get a $40 GeniusCash bonus when you create your Will
- More affordable than traditional methods
- Saves time and is easy to use
- Created by experts in the industry
- Create a social media Will
- First Will platform to let you name a professional trust company as executor
Cons
- Not appropriate for those with complicated finances
- Information centre isn't all that helpful
- Unavailable in certain provinces
Provinces
AB, BC, MB, NB, NL, NS, ON, PE, SK
Eligibility
- Age of majority
- Canadian resident (except in Quebec or territories)
Why You Want It
$40 GeniusCash + Easily create your customized Will online + Unlimited free updates when you need them.Special Features
- Convenient and legally binding service
- Update for free whenever you like
- Option to create Incapacity Documents alongside your Will
- Partnership with RBC
Min Fee
$139
Max Fee
$199
Free Will Updates
Create A Record Of Your Assets
Abilty To Register Your Will With The Canada Will Registry
Create Incapacitation Documents
$40 GeniusCash + Easily create your customized Will online + Unlimited free updates when you need them.
Rate Type
Fixed Closed
Rate Guarantee (days)
150
Posted Closed Rates
- 2 year: 6.91%
- 3 year: 4.05%
- 4 year: 4.47%
- 5 year: 3.89%
- 7 year: 5.94%
- 10 year: 6.14%
Since we do just about everything online these days, the brains behind nesto figured we should be able to get mortgages online too, so they created a convenient platform for doing just that. Whether you're looking for a new mortgage, or even to refinance, nesto can help.
Pros
- Super quick and easy application process
- You're guaranteed to get the lowest rate available
- Get up to $13,754 cash back on your mortgage
- Limited time product – Prime Time Mortgage
Cons
- Speaking to a human, in person, isn't an option
- Doesn't yet have a well-established reputation
Provinces
ALL
Eligibility
- Age of majority in your province
- Canadian citizen or resident
Why You Want It
$350 GeniusCash + Get the lowest rate guaranteed + 150 day rate lock
Special Features
- Canada's first digital mortgage lender
- Mortgage advisors are salaried instead of commission-based
- Rates are locked for 150 days, the longest of any lender in Canada
- Earn 1% of your total mortgage value as cash back when you fund your mortgage through nesto
Rate Type
Fixed Closed
Pre-approval
Rate Guarantee (days)
150
Bank Prime Rate
4.45%
# Of Prepayments Allowed Per Year
See Issuer for Details
% Of Prepayment Allowed
20%
# Of Payment Increases Allowed Per Year
See Issuer for Details
Max Payment Increase Allowed
20%
Promotion Available
N/A
Promotion End Date
N/A
$350 GeniusCash + Get the lowest rate guaranteed + 150 day rate lock
Min Fee
$99
Max Fee
$329
Free Will Updates
Create A Record Of Your Assets
With Willful, you can create a legally valid will online starting at just $99. It's not only cheaper than going to see a lawyer, it's much more convenient.
Pros
- Low cost
- Two plans to choose from
- Save on wills when you get 2
Cons
- Not available in the territories
- Missing some extras provided by competitors
Provinces
AB, BC, MB, NB, NS, ON, SK, QC, PE, NL
Eligibility
See Issuer for Details
Why You Want It
Create a legally binding will for just $99
Special Features
- Update documents for free at any time
- Offers gift cards to give to loved ones
- Create your will for as low as $99
Min Fee
$99
Max Fee
$329
Free Will Updates
Create A Record Of Your Assets
Abilty To Register Your Will With The Canada Will Registry
Create Incapacitation Documents
Min Monthly Fee
$29.99
Max Monthly Fee
$42.99
Ads In Min Monthly Fee
See Issuer for Details
Estimated # Of Shows/Movies
N/A
Sportsnet+ is Rogers Media’s live sports streaming service, launched in 2016 as an extension of the Sportsnet brand that’s been a staple in Canadian sports broadcasting since 1998. Designed for fans who want to cut the cord, Sportsnet+ gives subscribers access to live NHL, MLB, NBA, and other major league games, plus an impressive lineup of women’s sports including the WNBA, FA Women’s Super League, and FIBA competitions.
Pros
- Several packages and pricing options available
- Impressive coverage of women's sports
- Wide variety of devices you can watch on
- Content that isn't just games
Cons
- Lack of NFL coverage
- There's no Sportsnet+ free trial
- Watch out for blackouts
Provinces
ALL
Eligibility
See Issuer for Details
Why You Want It
Includes live streams of NHL, MLB, and NBA + Starts at $29.99 a month.
Special Features
- Available for free through some cable providers
- Replay and restart options in case you miss something
- Additional on-demand content
Min Monthly Fee
$29.99
Max Monthly Fee
$42.99
Ads In Min Monthly Fee
See Issuer for Details
Watch On Smart TVs
Watch On Phones/Tablets
Watch On Computer
Watch On Game Consoles
In-House Content
See Issuer for Details
Kids Programming
Live Sports
Number Of Screens That Can Watch At Once
2
Estimated # Of Shows/Movies
N/A
Option To Add More Users
Pay An Annual Fee For A Discount
Current Promo
N/A
Promo End Date
N/A
Top-rated financial products
GC: $160
BMO Premium Chequing Account
$160 GeniusCash + Up to $900 in cash + a Walmart+ membership for up to 12 months*. *T&Cs apply.
Square One Landlord Insurance
Get an online quote quickly + Choose from personalized coverage options.
Wealthsimple Crypto
Get $25 when you fund your new account with $1 within 30 days + Commission-free trades. Legal Disclaimer
GC: $5
Tangem
$5 GeniusCash + Secure and convenient hardware wallet + supports over 16,000 cryptocurrenciesGC: $100
Spring Financial Loans
$100 GeniusCash + Interest rates as low as 9.99% + No prepayment fees.
