Financial Product Reviews

If you drive a car in Canada, you need to have car insurance. Scotiabank offers a comprehensive array of auto insurance options for people in most parts of Canada. You can also get an instant car insurance quote online, which you can easily customize, so you only get the options you want and need.

From one of Canada's largest and most reliable banks comes the Scotiabank Momentum^PLUS Savings Account, a no-fee savings account designed to help you save money and reach your financial goals faster. It offers "premium period" interest rates and account bonuses that give you up to 4.75%,^* for the first three months.

Like the rest of Canada’s big banks, TD offers mortgages as one of its various financial products. With competitive rates and a variety of terms and mortgage solutions, TD should definitely be on your list when comparison shopping.

Tangerine mortgage rates have historically been very competitive, especially before and during the pandemic. While they tend to hover close to big bank rates nowadays, you can still find a good deal with this Scotiabank-owned online bank. On top of the rates, you also get a dedicated mortgage account manager, plus can port your mortgage with no penalty if you need it.

If you’re in the market for life insurance, you may not have considered TD. They’re not one of the largest life insurance companies in Canada, but they are owned by one of Canada’s largest banks. This could make them a good choice for you, especially if you’re already a TD customer. Even if you’re not, they’re worth checking out – it’s easy to get a quote online.

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.