Financial Product Reviews

The RBC VIP Banking is an excellent choice for a premium bank account as it offers enough perks and benefits. These benefits – like free overdraft protection, a discounted safety deposit box, unlimited ATM withdrawals, etc. – pay for themselves if you use them often and correctly.

The RBC Advantage Chequing Account is a basic yet solid chequing account with unlimited Interac e-Transfers and debit transactions within Canada, plus the opportunity to earn rewards. The $12.95 monthly fee is very reasonable, with rebates available for students, seniors, and more.

The RBC Signature No Limit Banking Account is a mid-level chequing account, offering unlimited transactions and an array of other helpful features and services. With big bank security and the ability to earn valuable Avion points, this product should be a contender for any Canadian looking for value and flexibility.

The RBC Day To Day Banking Account account is the most basic chequing account offered by RBC with a monthly fee of just $4.00 compared with some premium accounts that have fees in excess of $30.

The EQ Bank TFSA Savings Account is an easy way to take advantage of tax-free savings without having to worry about complicated investments or accounts. All you have to do is deposit your money as you normally would, and you'll earn a modest amount of interest that won't be taxed upon withdrawal.

The EQ Bank RSP Savings Account adds a touch of convenience to your retirement savings plan. Everything is done online and is easily accessible on your accounts, so you know exactly how this portion of your savings is doing. It also provides a low-risk investment option for people who don't have a long savings timeline ahead of them.

When you think about life insurance companies, RBC Insurance doesn't immediately come to mind. But they're a full-fledged life insurance company with a wide range of products. They might be a good fit for you if you want the comfort of knowing your insurance policy is backed by one of Canada's largest, oldest companies. Their rates are competitive and it's easy to get a quote online.

Litecoin launched in 2011 and is a peer-to-peer cryptocurrency that enables instant payments to anyone in the world. Litecoin shares a lot of similarities with Bitcoin, which is the reason why it is often referred to as the digital silver to Bitcoin’s gold.

With mortgage rates hitting record highs, you may be wondering if a variable rate mortgage is right for you. If rates stay high, you could end up paying more...but if rates go down, you save money on payments. If you're willing to roll those dice, a variable rate mortgage might be right for you.

Founded by 19-year-old Russian-Canadian Vitalik Buterin in July of 2015, Ethereum is an open-source platform that uses blockchain technology to create and power tamper-proof decentralized financial contracts and digital applications. It's currency, ether (ETH), is currently selling at around US$4,895.53 per coin, though this is subject to change regularly.