Financial Product Reviews

Wise, formerly known as Transferwise, is an international money transfer service that allows users to send funds to 80+ countries, including Wise transfers in Canada. Transferwise was launched in 2011 by two friends from Estonia. The company started out offering international money transfers, and soon grew to include multi-currency accounts, business accounts, and a debit card. In 2021, Transferwise changed its name to Wise.

Borrowell Canada has entered the personal loans market over the past few years, offering a variety of unsecured loans to Canadians with varying interest rates, terms, and amounts.

If you’re in the market for a mortgage, either to buy a new home or to refinance your existing mortgage, you might be considering a variable rate mortgage. I mean, why not risk higher payments later for lower payments now?

Alterna fixed mortgage rates are very competitive when compared to those offered by Canada’s big banks, which can be enticing. On the other hand, Alterna is relatively new on the Canadian banking scene, being in operation as a bank only since 2000 (albeit under a variety of names).

The RBC High Interest eSavings account is a HISA from one of Canada’s most trusted banks, offering a standard interest rate of 0.65% with no minimum deposit required, as well as a promotional rate for the first three months. Backed by RBC’s long-standing reputation, it’s a reliable and flexible option for building your savings while keeping funds easily accessible for the future.

If you’re looking for a good place to stash an emergency fund where it will earn a bit of interest while still being easily accessible, the Alterna High Interest eSavings Account might be just the ticket.

Guaranteed Investment Certificates (GICs) are a safe and secure Canadian investment that offers a guaranteed return over a fixed period of time. However, due to its low-risk nature, this kind of investment tends to come with relatively low rewards.

TD auto insurance is one of several types of insurance coverage offered by TD Insurance. With a comprehensive array of options available to drivers in most of Canada, TDs car insurance has something to offer for pretty much everyone.

RBC car insurance has quite a lot to offer Canadian consumers, including a wide array of options that let you customize your insurance policy to meet your needs. If you’re looking for the cheapest car insurance available, however, you’ll have to look elsewhere, as RBC’s premiums tend to fall somewhere in the middle of the pack, and they offer few ways to earn any discounts on your premiums.

You’ve probably never heard of Alterna Bank, even though their parent company has been in business for over 100 years. They started as a credit union in Eastern Ontario, and now they’re mostly an online bank. Like other Canadian banks, they’re members of the Canada Deposit Insurance Corporation (CDIC), meaning your money is protected if the bank goes under.