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Minimum Balance To Waive Fee
$4,000
# Of Free Monthly Transactions
Unlimited
# Of Free Monthly Interac E-Transfers
Unlimited
Monthly Fee
$17.95
3.6 Genius Rating
3.1 (27) User Reviews

The BMO Performance Chequing Account is a popular mid-tier chequing account offered by one of Canada's biggest banks. BMO has been a banking powerhouse for decades, providing comprehensive services, advanced security measures, and top-notch professionalism for all clients.

Pros
  • Bonus: Get $160 GeniusCash when you open your new account
  • Unlimited transactions and Interac e-Transfers
  • Rebate for BMO credit cards
  • No fee for Global Money Transfers
  • OnGuard identity theft protection included for free
  • Special rates for a long list of people groups
  • Walmart Delivery Pass Subscription
  • $800 welcome bonus
Cons
  • High minimum balance fee waiver
  • Extra fees are high and can add up
  • No safety deposit box waiver
Provinces
ALL
Eligibility
See Issuer for Details
Why You Want It
$160 GeniusCash + Up to $800 in cash + a Walmart Delivery Pass Subscription for up to 12 months*. *T&Cs apply.
Special Features
  • Special rates available for students, seniors, Indigenous persons, and more
  • OnGuard Identity Theft Protection included
  • Eligible for a free <a target="_blank" href="https://www.bmo.com/en-ca/main/personal/bank-accounts/family-bundle/">BMO Family Bundle</a>
  • Valuable welcome offer
  • No fee for Global Money Transfers
Minimum Balance To Waive Fee
$4,000
# Of Free Monthly Transactions
Unlimited
# Of Free Monthly Interac E-Transfers
Unlimited
Monthly Fee
$17.95
Excess Transaction Fee
N/A
Excess Interac E-Transfer Fee
N/A
Maximum Credit Card Annual Fee Waiver
$40
Maximum Welcome Bonus
$800
Promo End Date
March 02, 2026
Physical Locations
Yes
Automatic Budgeting System
No
Minimum Interest Rate
N/A
Earn Rewards On Debit Purchases
No
Free Cheques
No
Free Bank Drafts
No
Max Rebates For Other Accounts
N/A
Discounts For Seniors
Yes
Discounts For Youth
Yes
Other Discounts
Yes
 
Minimum Balance To Waive Fee
$3,000
# Of Free Monthly Transactions
25
# Of Free Monthly Interac E-Transfers
Unlimited
Monthly Fee
$11.95
2.9 Genius Rating
4.0 (1) User Reviews

As the name suggests, this Scotiabank chequing account will get you all the basic features you need in a dependable banking account.

Pros
  • Lots of physical bank locations
  • Decent amount of free transactions
  • Ability to waive monthly fee
  • Full suite of Scotiabank’s basic features
Cons
  • Only get a set amount of free transactions
  • Monthly fee if you dip under a $3,000 balance
  • Charged for each non-Scotiabank ATM withdrawal
Provinces
ALL
Eligibility
  • You must be at least 16 years old
  • A Canadian resident or you're here for work or study
  • Opening this account in your own name
Why You Want It
Get 25 free debit transactions + unlimited Interac e-Transfers per month.
Special Features
  • Send money globally for $1.99
  • $4 senior's discount
Minimum Balance To Waive Fee
$3,000
# Of Free Monthly Transactions
25
# Of Free Monthly Interac E-Transfers
Unlimited
Monthly Fee
$11.95
Excess Transaction Fee
$1.25
Excess Interac E-Transfer Fee
N/A
Maximum Credit Card Annual Fee Waiver
N/A
Maximum Welcome Bonus
N/A
Promo End Date
N/A
Physical Locations
Yes
Automatic Budgeting System
Yes
Minimum Interest Rate
N/A
Earn Rewards On Debit Purchases
No
Free Cheques
No
Free Bank Drafts
No
Max Rebates For Other Accounts
N/A
Discounts For Seniors
Yes
Discounts For Youth
No
Other Discounts
No
 
Minimum Investment
$1,000
Minimum Fees
0.4%
Maximum Fees
0.7%
Withdrawal Fees?
$135
2.4 Genius Rating
0.0 (0) User Reviews

BMO SmartFolio is an online investment portfolio management service offered by Bank of Montreal. What sets them apart from other services like theirs is that they use dedicated expert advisors to manage your account (instead of pure algorithms like most robo advisors), while maintaining low management fees for their services.

Pros
  • Financial experts, not robots
  • ETF investing approach, lower fees
Cons
  • Fees beyond MERs
  • ETF portfolios easily emulated by DIY investors
Provinces
ALL
Eligibility
See Issuer for Details
Why You Want It
Have your money managed by financial experts + Low fees and transparent progress.
Special Features
  • Actively managed by a team of dedicated advisors
  • Backed by a big Canadian bank
Types Of Accounts
  • TFSA
  • RRSP
  • RESP
  • RRIF
  • Joint investment accounts
  • Non-registered accounts
Minimum Investment
$1,000
Minimum Balance For Minimum Fee
$500,000
Minimum Deposit To Cover Transfer Fee
N/A
Socially Responsible Investing Options
No
Email Support
Yes
Live Chat Support
Yes
Phone Support
Yes
Average MER
0.22%
Minimum Fees
0.4%
Maximum Fees
0.7%
Cover Transfer Fees?
No
Maximum Covered Transfer Fee
N/A
Promotion
N/A
Promotion End Date
N/A
 
Minimum Order Amount
$0
Mobile App
Yes
Minimum Fee
$5.99
Maximum Fee
$9.99
2.8 Genius Rating
1.3 (9) User Reviews

The Buggy Delivery App is a grocery delivery service with its own Buggy Bucks rewards system, which gets you points as you spend money on the app. You also get the ability to order up to 30 days in advance, and with delivery (sometimes) available in as little as 15 minutes for the service's own Buggy Stores and 1 hour for grocery stores, it’s an interesting service.

Pros
  • Wide variety of specialty stores available
  • Buggy Bucks loyalty program
  • Place your order up to 30 days in advance
  • Short delivery times
  • Customizable “store boxes”
Cons
  • Very limited service area
  • Not all stores are available
  • Will only deliver from 1 store at a time
  • Complicated and hard-to-find fee structure
  • Fast turnaround orders depend on driver availability
  • No promotional rates or free trial
Provinces
ON, BC, AL, MA, QU, AB, QC, SK, MB
Eligibility
See Issuer for Details
Why You Want It
Delivery inventory of more than 2,500 items + Earn Buggy Bucks rewards.
Special Features
  • Wide variety of specialty stores available, including the liquor stores and Costco
  • Build your own "store boxes" to simplify the ordering process
  • Referral bonus available
Minimum Order Amount
$0
Mobile App
Yes
Minimum Fee
$5.99
Maximum Fee
$9.99
Minimum Wait Window (Hours)
0.25
Maximum Wait Window (Days)
30
Promo
N/A
Promo End Date
N/A
 
Minimum Order Amount
$30
Mobile App
Yes
Minimum Fee
$1
Maximum Fee
$13.99
4.2 Genius Rating
1.2 (36) User Reviews

As the largest online grocery provider in Canada, PC Express allows you to order grocery delivery and pickup across 12 stores in the Loblaw family. You can shop for groceries online and have them delivered or picked up in as little as 2 hours.

Pros
  • Available across Canada
  • In-store prices and promos
  • $75 in PC Optimum points on your first 5 orders
  • Reduced subscription price promotion lets you save $70
  • Freshness guaranteed
  • Collect points to earn free groceries
  • Good mobile app
  • Opportunity for annual fee waiver
Cons
  • Subject to availability
  • Sometimes substitutions aren’t great
Provinces
AB, BC, MB, NB, NL, NT, NS, ON, PE, QC, SK, YT
Eligibility
See Issuer for Details
Why You Want It
$75 in PC Optimum points with your first 5 orders + New subscribers get $70 off PC Express Pass.
Special Features
  • Earn PC Optimum points
  • Freshness guarantee
  • In-store prices and promos
  • 15,000 PC Optimum Points on your first 5 online grocery orders with code PART15
Minimum Order Amount
$30
Mobile App
Yes
Minimum Fee
$1
Maximum Fee
$13.99
Minimum Wait Window (Hours)
2
Maximum Wait Window (Days)
14
Promo
75
Promo End Date
April 30, 2026
 
Actual Replacement Cost Of Home And Personal Belongings
Yes
Full Sewer Backup
Yes
Replacement Cost Guarantee
Yes
Additional Living Expenses
Yes
3.4 Genius Rating
1.6 (5) User Reviews

Your home is important to you, so you want to make sure your home insurance company will be there for you when you need them. The Co-operators provides quality home insurance with consistently high satisfaction ratings. Their network of financial advisors is backed by over 5,000 employees, making them one of the leaders in Canadian property insurance.

Pros
  • High satisfaction rating
  • 24/7 claims service
  • Innovative features
  • Many ways to save on your premiums
Cons
  • Potentially higher rates
  • Policies don’t include additional living expenses
Provinces
ALL
Eligibility
  • Canadian citizen
  • Age of majority
Why You Want It
One-of-a-kind flood coverage + High customer satisfaction ratings.
Special Features
  • Discounts for eligible LEED certified homes
Liability Insurance
Yes
Personal Valuables Coverage
Yes
Actual Replacement Cost Of Home And Personal Belongings
Yes
Full Sewer Backup
Yes
Overland Water Coverage
Yes
Hail Coverage
Yes
First Claim Forgiveness
No
Replacement Cost Guarantee
Yes
Enhanced Deductible Waiver
No
Green Coverage
Yes
Additional Living Expenses
Yes
Home Sharing
See Issuer for Details
Home Security Savings
Yes
Multi Home Savings
Yes
Newly Built Home Savings
Yes
 
Actual Replacement Cost Of Home And Personal Belongings
Yes
Full Sewer Backup
Yes
Replacement Cost Guarantee
No
Additional Living Expenses
Yes
5.0 Genius Rating
1.2 (22) User Reviews

As you can probably guess, TD Insurance is the insurance subsidiary of TD Bank. They’re an all-purpose insurance company selling home and auto insurance, as well as life and health insurance. As one of the largest home insurance companies in Canada, owned by one of the largest banks in Canada, they’re a safe and secure choice for insuring your home.

Pros
  • It’s easy to get an online quote
  • There’s a discount for using the web
  • You may be eligible for lower rates if you belong to a group
  • Their bundle includes free advice
  • There’s one combined coverage amount
Cons
  • TD Insurance doesn’t offer in-person support
  • Review scores are not very good
Provinces
ALL
Eligibility
  • Canadian citizen
  • Age of majority
Why You Want It
10% off for online purchases + Get free advice from lawyers and contractors.
Special Features
  • Free advice from lawyers and contractors available for customers with bundled plans
  • Protection for family-related situations, such as cyberbullying and parents living in nursing homes
Liability Insurance
Yes
Personal Valuables Coverage
Yes
Actual Replacement Cost Of Home And Personal Belongings
Yes
Full Sewer Backup
Yes
Overland Water Coverage
Yes
Hail Coverage
Yes
First Claim Forgiveness
Yes
Replacement Cost Guarantee
No
Enhanced Deductible Waiver
No
Green Coverage
Yes
Additional Living Expenses
Yes
Home Sharing
Yes
Home Security Savings
Yes
Multi Home Savings
Yes
Newly Built Home Savings
Yes
 
Actual Replacement Cost Of Home And Personal Belongings
Yes
Full Sewer Backup
Yes
Replacement Cost Guarantee
Yes
Additional Living Expenses
Yes
2.9 Genius Rating
1.0 (6) User Reviews

RBC is one of Canada’s oldest and largest banks. If you’re an RBC customer and are purchasing a home, it’s logical to consider RBC for your insurance needs as well. As with all Canadian banks, you can’t buy home insurance from your local branch. You’ll need to speak to an insurance agent, over the phone or through an RBC Insurance Store location.

Pros
  • RBC home insurance is marketed by Canada’s largest and oldest bank
  • Their home repair bundle endorsement is an innovative add-on
  • They have an anonymous claims advice line
  • Came in 2nd place for customer satisfaction
  • You’re rewarded for being claims-free
Cons
  • Reviews aren’t great
  • You can’t buy RBC home insurance from your local bank branch
  • It’s not so simple to get the coverage you need
Provinces
ALL
Eligibility
  • Canadian citizen
  • Age of majority
Why You Want It
Free online quotes available + Innovative home repair bundle.
Special Features
See Issuer for Details
Liability Insurance
Yes
Personal Valuables Coverage
Yes
Actual Replacement Cost Of Home And Personal Belongings
Yes
Full Sewer Backup
Yes
Overland Water Coverage
Yes
Hail Coverage
Yes
First Claim Forgiveness
No
Replacement Cost Guarantee
Yes
Enhanced Deductible Waiver
No
Green Coverage
See Issuer for Details
Additional Living Expenses
Yes
Home Sharing
No
Home Security Savings
Yes
Multi Home Savings
No
Newly Built Home Savings
No
 
Monthly Fee
$0
Mobile App
Yes
Available Retailers Estimate
100+
Minimum Balance To Cash Out
$2
3.4 Genius Rating
0.0 (0) User Reviews

Paymi Rewards is a cash back app and website that provides up to 10% cash back returns for online and in-store shoppers. The number of retailers varies, but they claim hundreds of partners at the time of writing.

Pros
  • It’s simple and free
  • Getting your rewards is fast and easy
  • Great promotions and possibility to double-dip
Cons
  • The promotions with retailers can change quickly
  • The app tracks some of your personal information
Provinces
ALL
Eligibility
See Issuer for Details
Why You Want It
Earn up to 20% cash back with retail partners + Simple and free to use.
Special Features
  • In-store cash back available
  • Can link a bank account
  • Secure encryption
Monthly Fee
$0
Mobile App
Yes
Available Retailers Estimate
100+
Pay Via Cheque?
No
Pay Via PayPal?
No
Pay Via Amazon?
No
Pay Via Gift Cards?
No
Pay Via Electronic Fund Transfer?
Yes
Minimum Balance To Cash Out
$2
Pay Frequency
Whenever you want
Limited Payment Wait
See Issuer for Details
Welcome Bonus
N/A
Welcome Bonus End Date
N/A
Refer A Friend Offer
5
 
# Of ETFs
223
Min Management Fee
0.05%
Max Management Fee
1.05%
3.6 Genius Rating
0.0 (0) User Reviews

Exchange Traded Funds (ETFs) are similar to mutual funds, but are bundles of securities that are listed on exchanges, and whose shares trade like an ordinary stock. BMO offers a large number of ETFs you can use to diversify your investment portfolio. You can invest in these either through their investment services, through a robo-advisor service, or through a self-directed investment platform, such as BMO’s InvestorLine.

Pros
  • Lower fees than mutual funds
  • Large number of ETFs available
  • Personalized advice
  • Self-directed investing platform
  • Learning resources
Cons
  • Average management fees and MERs
Provinces
ALL
Eligibility
  • Canadian citizen
Why You Want It
Choose from a large number of ETFs + Get personalized advice.
Special Features
  • ETF podcasts
Types Of ETFs
  • Fixed Income
  • Equity
  • Asset Allocation
  • Alternatives
  • Commodity
# Of ETFs
223
Min Management Fee
0.05%
Max Management Fee
1.05%
Min MER
0.06%
Max MER
1.17%
Personalized Advice?
Yes
Self-directed Investing Platform Available?
Yes
 

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