Financial Product Reviews
Minimum Interest Rate
2.5%
Maximum Interest Rate
2.5%
Balance Required For Maximum Interest Rate
N/A
The EQ Bank US Dollar Account is one of the best U.S. bank accounts available in Canada, offering a higher interest rate than most similar accounts, as well as many other valuable money-saving features. EQ makes it easy to move your U.S. funds around, but it doesn't offer unlimited transactions, which would be a nice added touch.
Pros
- High interest rate on USD balance
- Competitive USD exchange rate
- Free EFT between linked accounts
- Send international transfers
Cons
- Not available in Quebec for now
- No physical locations
- No direct withdrawals or deposits
Provinces
AB, BC, MB, NB, NL, NU, NT, NS, ON, PE, SK, YT
Eligibility
- Canadian citizen
- Age of majority in your province
- Need a social insurance number
- Need a Canadian phone number
- Need an EQ Bank Personal Account
Why You Want It
Earn 2.5% interest + Send international money transfers using Wise.
Special Features
- Send money abroad with Wise
- Free, unlimited USD to USD transfers within Canada
- Very reasonable exchange rates
# Of Free Transactions
0
# Of Free Interac E-Transfers
0
Max Promotion Rate
N/A
Welcome Bonus Value
N/A
Promo End Date
N/A
Minimum Interest Rate
N/A
Maximum Interest Rate
0.4%
Balance Required For Maximum Interest Rate
N/A
The Tangerine Children’s Savings Account is a no-fee kid’s bank account designed to help parents and guardians encourage the habit of saving early in life. It offers a modest 0.4% interest rate, the ability to set up automatic savings plans, and a separate login for kids to manage their account online.
Pros
- No monthly or service fees
- The child gets their own client number and login
- Earn 0.4% interest
Cons
- No welcome bonus
- There are other youth accounts with more perks
- Only for children 11 years old and younger
Provinces
ALL
Eligibility
- 11 years old or younger
- Must open an adult savings account
- Canadian citizen
Why You Want It
Earn 0.4% interest + Your child gets their own client number and login.
Special Features
- Unique client number and login
- Competitive interest rate (for youth accounts)
# Of Free Transactions
0
# Of Free Interac E-Transfers
N/A
Max Promotion Rate
N/A
Welcome Bonus Value
N/A
Promo End Date
N/A
Minimum Interest Rate
0.01%
Maximum Interest Rate
0.01%
Balance Required For Maximum Interest Rate
N/A
With the RBC Leo's Young Savers Account, RBC clearly demonstrates that it takes children's savings accounts seriously. This isn't a huge surprise, since we're talking about one of Canada's largest and most trusted financial institutions, but sometimes these types of accounts get overlooked.
Pros
- No monthly fees
- Free debit transactions and Interac e-Transfers
- Automated payments for parents
- Access to the Mydoh app
Cons
- Initial setup requires an appointment
- Low interest rate
- No ATM freebies
Provinces
ALL
Eligibility
See Issuer for Details
Why You Want It
$0 monthly fee + Unlimited debit transactions and e-Transfers.
Special Features
- Free debit transactions across Canada
- Optional self-imposed transaction limits
- Cash welcome bonus
# Of Free Transactions
See Issuer for Details
# Of Free Interac E-Transfers
Unlimited
Max Promotion Rate
N/A
Welcome Bonus Value
$25
Promo End Date
October 31, 2025
Min Monthly Fee
US$0
Max Monthly Fee
US$2.79
Number Of Users Included
6
Can Be Used For All Devices
Password protectors are a must, but they aren’t (usually) free. Enter NordPass – created by the makers of NordVPN. This basic, free password manager makes it so you no longer have to choose between security and another monthly expense.
Pros
Cons
Provinces
ALL
Eligibility
See Issuer for Details
Why You Want It
A free password manager with a paid upgrade for premium plans.
Special Features
- Offers Secure Notes for securing things like WiFi passwords and alarm system codes
- Securely store your credit cards for online shopping
Min Monthly Fee
US$0
Max Monthly Fee
US$2.79
Number Of Users Included
6
Can Be Used For All Devices
Generates Passwords
Multi Factor Authentication Supported
Ability To Share Passwords With Others
Self-Directed Available
GICs Available
Mutual Funds Available
Savings Account Available
Wealthsimple’s version of the First Home Savings Account (FHSA) is a solid option that lets you hold stocks and ETFs in a single account. Wealthsimple will even cover the cost of transferring money from another institution into your new account.
Pros
- Self-directed and managed investment options
- No commission fees on stocks and ETFs
- You can transfer funds from a 3rd party for free
Cons
- Your cash doesn’t earn interest
- Limited number of investment options
Provinces
ALL
Eligibility
- Canadian resident
- 18 years old (no older than 71)
- Be a first-time home buyer
Why You Want It
Choose between self-directed or robo investing + Low fees and easy to use.
Special Features
See Issuer for Details
Self-Directed Available
Self-Directed Platform
Wealthsimple
Self-Directed Base Fee
$0
GICs Available
Types of GICs
See Issuer for Details
Mutual Funds Available
Average Mutual Fund MER
N/A
Investment PortfoliosAvailable
Investment Portfolio Fees
0.5%
Savings Account Available
Minimum Savings Account Rate
N/A
Maximum Savings Account Rate
N/A
Promotion
N/A
Promotion End Date
N/A
Minimum Balance To Waive Fee
$4,000
# Of Free Monthly Transactions
Unlimited
# Of Free Monthly Interac E-Transfers
Unlimited
Monthly Fee
$8.50
The Coast Capital Unlimited Chequing Account is a mid-tier chequing account from Coast Capital. If you're in the market for an account with unlimited day-to-day transactions**, including free e-Transfers, don't count this one out simply because it's from a credit union – it can hold its own against similar chequing accounts from much bigger banks.
Pros
- Reasonable monthly fee***
- Valuable welcome offer
- Free ID Assist protection
- Discounts for seniors, youth, and others***
- Free cheques each year
Cons
- Unavailable in Quebec
- No free unaffiliated ATM withdrawals
Provinces
AB, BC, MB, NB, NL, NU, NT, NS, ON, PE, SK, YT
Eligibility
- Be the age of majority in your province or territory
- Have a SIN
- Live in Canada (except Quebec)
- New members must purchase a minimum of $5 in membership equity shares
Why You Want It
$125 GeniusCash + New members can get $450* when they open and use an Unlimited Chequing Account.
Special Features
- Online identity theft protection and monitoring (Value $96/year)
- Free withdrawals and deposits at more than 4,000 ATMs across Canada
- Unlimited day-to-day transactions<sup>**</sup>, including free INTERAC e-transfers
- Several ways to reduce the monthly fee<sup>***</sup>
- One free book of 25 single Canadian cheques per year
- Free paper or e-Statements
Minimum Balance To Waive Fee
$4,000
# Of Free Monthly Transactions
Unlimited
# Of Free Monthly Interac E-Transfers
Unlimited
Monthly Fee
$8.50
Excess Transaction Fee
N/A
Excess Interac E-Transfer Fee
N/A
Maximum Credit Card Annual Fee Waiver
N/A
Maximum Welcome Bonus
$450
Promo End Date
March 31, 2026
Physical Locations
Automatic Budgeting System
Minimum Interest Rate
N/A
Earn Rewards On Debit Purchases
Free Cheques
Free Bank Drafts
Max Rebates For Other Accounts
N/A
Discounts For Seniors
Discounts For Youth
Other Discounts
$125 GeniusCash + New members can get $450* when they open and use an Unlimited Chequing Account.
Rate Type
Fixed Closed
Rate Guarantee (days)
120
Posted Closed Rates
- 1 year: 5.69%
- 2 years: 4.94%
- 3 years: 4.23%
- 4 years: 4.27%
- 5 years: 4.31%
- 6 years: 5.11%
- 7 years: 5.11%
- 8 years: 5.11%
- 9 years: 5.41%
- 10 years: 5.4%
The Coast Capital Closed Fixed Rate Mortgage is a product from one of the best credit unions in the country. The Coast Capital Closed Fixed Rate Mortgage has decent rates and notable features, all of which make buying a house less of a hassle.
Pros
Cons
Provinces
BC
Eligibility
- Buying property in B.C.
Why You Want It
Rates as low as 3.91%* APR on a high-ratio 5-year fixed mortgage
Special Features
See Issuer for Details
Rate Type
Fixed Closed
Pre-approval
Rate Guarantee (days)
120
Bank Prime Rate
4.45%
# Of Prepayments Allowed Per Year
1
% Of Prepayment Allowed
20%
# Of Payment Increases Allowed Per Year
N/A
Max Payment Increase Allowed
N/A
Promotion Available
4600$
Promotion End Date
See Issuer for Details
Minimum Investment
$0
Maximum Stock Fee
N/A
Maximum ETF Fee
N/A
Account Maintence Fees
$0
Moomoo Financial supports users in finding success in the stock markets by providing them with advanced tools and comprehensive data that are essential for becoming seasoned investors. Previously, such technology was limited, complex, and costly, but now, Moomoo Financial offers them at no cost to the user.
Pros
Cons
Provinces
AB, BC, MB, NB, NL, NS, ON, SK, QC, PE
Eligibility
- Have a Canadian SIN
- Be a Canadian resident
- Have a valid mobile phone number and email address
- Be the age of majority in your province or territory
Why You Want It
$80 GeniusCash + Get up to $2,200 in trading perks + Extended trading hours.Special Features
- Low-commission stock and ETF trading
- Excellent analytical and educational tools
- No account minimum
- Extended trading hours
- Nasdaq TotalView free trial
- Free level 2 market data
Types Of Accounts
- TFSA
- RRSP
- Cash, Margin
Types Of Investments
- Stocks
- ETFs
- REITs
- IPO Subscriptions
- Stock Options
Minimum Investment
$0
Email Support
Live Chat Support
Phone Support
Minimum Stock Fee
$1.49
Maximum Stock Fee
N/A
Minimum ETF Fee
$1.49
Maximum ETF Fee
N/A
Active Trader Stock Fee Per Trade
N/A
Cover Transfer Fees?
Minimum Deposit To Cover Transfer Fee
$0
Maximum Covered Transfer Fee
N/A
Withdrawal Fees?
Account Maintence Fees
$0
Inactivity Fee Amount
$0
Promotion Description
$2,000 rebate commission stock cash coupon card and up to $300
Promotion Max Value
$2,300
Promotion Requirements For Max Value
$2,000
Promotion End Dates
N/A
$80 GeniusCash + Get up to $2,200 in trading perks + Extended trading hours.
Minimum Monthly Fee
N/A
Maximum Monthly Fee
N/A
Free Trial Length (Days)
N/A
Anyone who's shopped for a new or used car knows what a pain it can be to visit multiple dealerships and scour online ads trying to find the best deal.
Pros
Cons
Provinces
NB, NS, ON, PE, BC
Eligibility
See Issuer for Details
Why You Want It
Browse 100s of vehicles with CarFax reports completely online.
Special Features
- Entire process is completed online
- Financing available
- Home delivery available
- 10-day money-back guarantee
Minimum Monthly Fee
N/A
Maximum Monthly Fee
N/A
Free Trial Length (Days)
N/A
Type of App
N/A
Available On Windows Desktop?
Available On MacOS
Available On Linux
Available On Android
Available On iOS
Email Support
Live Chat Support
Phone Support
Minimum Monthly Fee
N/A
Maximum Monthly Fee
N/A
Free Trial Length (Days)
N/A
Sell to Clutch is shaking up the used car industry by making the process exponentially easier for sellers and buyers – with hundreds of cars to browse and none of the classic dealership-lot hassles.
Pros
Cons
Provinces
NB, NS, ON, PE, BC
Eligibility
See Issuer for Details
Why You Want It
Pay an average of 6% less for a new car + Completely online process
Special Features
- Entire process is completed entirely online
- Cross-province sales
- No mileage restrictions
Minimum Monthly Fee
N/A
Maximum Monthly Fee
N/A
Free Trial Length (Days)
N/A
Type of App
N/A
Available On Windows Desktop?
Available On MacOS
Available On Linux
Available On Android
Available On iOS
Email Support
Live Chat Support
Phone Support
Top-rated financial products
GC: $80
BMO InvestorLine
$80 GeniusCash + Flat $9.95 fee for most trades + Commision-free trades on popular ETFs.
EQ Bank FHSA Savings Account
Easily earn 1.5% on your first home savings + Benefit from tax deductions and tax-free growth.
GC: $100
Spring Financial Loans
$100 GeniusCash + Interest rates as low as 9.99% + No prepayment fees.
Coast Capital Closed Fixed Rate Mortgage
Rates as low as 3.91%* APR on a high-ratio 5-year fixed mortgage
