Financial Product Reviews

BMO offers a wide range of Guaranteed Investment Certificates (GICs), giving investors plenty of choice between cashable, non-redeemable, U.S. dollar, and market-linked options. Most come with a minimum investment of $1,000 and can be held in accounts like an RRSP or TFSA, making them flexible for different savings goals.

The BMO Plus Chequing Account is one of BMO’s more straightforward banking plans, offering 25 free transactions per month for a monthly fee of $11.95, or $6.95 if you’re 60 or older and eligible for the $4 senior discount. Students also get the account for free, making it accessible to those who want a reliable option without extra frills. Unlimited Interac e-Transfers are included, and if you open the account before July 2, 2025, you can snag a $100 welcome bonus by completing a couple of basic banking tasks like setting up direct deposit or making a bill payment.

If you’re in the market for a low fee chequing account that just covers the basics without any extra bells and whistles, the BMO Practical Plan chequing account might be right for you.

You’ve probably heard of Allstate, or at least their slogan – “you’re in good hands.” They’re one of the largest property insurance companies in the USA, but are they a good choice for your Canadian home insurance needs?

If you have a furry companion, you already know how important they are to you. It can be hard to think about what could happen if disaster struck – could you afford to pay the medical bills? Would you have to make a hard choice, because you can’t afford to spend thousands on your pet?

Since you can never really know what will happen, landlord insurance is good for some extra peace of mind for your rental investments. In most cases, it will help protect you from property damage, loss of rental income, personal liability, and other related unexpected costs.

If you need condo insurance in Canada, you have lots of different options to choose from. But which should you go with? Sonnet condo insurance promises low rates with an easy online experience. It covers most of the major expenses – like personal liability, personal belongings, and unit improvements – but may not have everything you’re looking for. On top of that, it also offers some optional coverage and several different ways to save money on your premiums.

Since your landlord insurance doesn't cover any tenant belongings, tenant insurance is required in order to keep your rental safe, including everything inside of it. Sonnet Tenant Insurance is a well-rounded and reasonably priced insurance product from an online-only company, offering tenants peace of mind.

The BMO Premium Rate Savings Account is one of the few savings accounts that actually lets you get at your money whenever you want, including unlimited free Interac e-Transfers. And this is great for what is technically a free account.

The BMO Savings Amplifier Account is one of several savings accounts offered by the Bank of Montreal, providing a base interest rate of 0.7%. It's a very basic savings account that doesn’t offer much, but the security and peace of mind provided by a bank of this stature may just offset its flaws.