Financial Product Reviews
Laurentian Bank is a well established financial institution based in Quebec, and the Laurentian Bank High Interest Savings Account is one of its most impressive products. Account holders can enjoy lucrative interest rates with no minimum balance requirements.
- Valuable tiered interest rates up to 3.2%
- No minimum balance requirements to waive fees
- Auto saving feature
- E-Transfer fees
- Minimum balance to earn max interest is on the higher end
- No branch locations outside of Quebec
- Be the age of majority in your province
- Be a Canadian resident
For businesses making only a handful of monthly transactions, the RBC Flex Choice Business Account Package offers a valuable way to keep expenses down. For a low monthly fee of $7.00, you'll pay a small fee for each transaction, but the accompanying perks can help you save money.
- Canadian citizen
- Age of majority
- Have a business registered in Canada
- Unlimited Moneris deposits
- Fuel savings at Petro-Canada
- Access to RBC Beyond Banking's support, products, and services
- Enhanced features on the RBC mobile app specifically for business use
The Scotiabank Select Account For Business Plan A is one of 4 plans available with the Scotiabank Select Account for business. Though it’s the lower tier, Plan A still offers a decent number of free transactions for a small businesses – and the monthly fee can be waived simply by keeping $20,000 in the account at all times.
- Ability to waive the monthly fee
- Easy to change your plan
- 20 free Interac e-Transfers
- Includes free cash deposits
- Relatively high monthly fee
- Easy to switch between Scotiabank Business Plans
- Four levels to choose from
Founded in 1844, the The Globe and Mail Home Delivery (Monday - Saturday) is a product that embodies how this publication has come a long way from its humble beginnings. What started as a single-sheet newspaper, folded to make 4 pages, is now read by 6 million people each week. Its Report on Business magazine reaches more than 2.5 million readers across print and digital platforms.
- Audio feature to read articles to you
- Exclusive events, newsletters, tools, and guides
- Unlimited digital access included
First Home Savings Accounts (FHSAs) promise to make saving for your first home easier by letting you put away up to $40,000 tax free. And EQ Bank FHSA Savings Account promises to help you get there faster by letting you earn up to 1.5% interest on your balance. This stable interest rate is ideal for home buyers who are thinking in the short term.
- Earn 1.5% tax free interest on your balance
- Next-to-no risk investment
- High-rate EQ Bank FHSA GICs also available
- Not available in Quebec
- No welcome offer
- You can’t hold any other investments besides GICs
- First-time home buyer
- Canadian resident (not in Quebec)
- 18 years or older
- Non-Cashable
The Canadian Western Bank Prestige Account is a premium bank account offering unlimited daily transactions, an exclusive credit card, a complimentary wealth planning session, and more from a well-established and trusted banking institution. Account holders also have access to a dedicated CWB Relationship Manager, and more.
- Loads of special VIP perks
- Unlimited transactions
- Free to use EXCHANGE Network ATMs
- Free and unlimited Interac e-Transfers
- Special CWB World Elite Mastercard privileges
- Prestigious account with hidden requirements
- Few physical locations
- Canadian resident
- Speak to your local banking centre for more eligibility details
- Dedicated Relationship Manager
- Exclusive credit card perks
- Exclusive investment rates
- Complimentary CWB Wealth planning session
The Canadian Western Bank Standard Account is a basic chequing account with a low monthly fee and a limited number of free transactions every month. The monthly fee can be waived as long as you have at least $1,000 in your account.
- Low, easily-wavied monthly fee
- Free ATM withdrawals from the EXCHANGE Network
- Free transfers between CWB accounts
- Very few transactions
- Interac e-Transfers aren’t free
- Very few physical locations
- Canadian resident
- Age of majority
The CIBC Smart for Students bank account delivers all the cash-saving features you want from a student account, while also providing the accessibility and widespread ATM network that a Big-5 bank is known for. But what really sets it apart is its free SPC+ membership, which gets you up to 30% off the top brands in Canada.
- Free SPC+ membership
- No monthly fee
- Unlimited transactions and Interac e-Transfers
- Huge number of physical locations and ATMs
- A cash welcome bonus and refer a friend cash reward
- Pricey non-CIBC ATM withdrawals
- Welcome bonus requires additional steps beyond signing up
- Canadian resident or international student
- Full-time student graduating after age 25
- Free SPC+ membership
- Save up to 10 cents per litre on gas with Journie Rewards
- Free Skip+ subscription for 12 months
The Canadian Western Bank Gold Leaf PLUS Account is a versatile, everyday-use chequing account for Canadian seniors aged 57 and older. This account comes with no monthly fees, unlimited transactions, complimentary cheques, and free Interac e-Transfers. Account holders also get a $15 discount when renting a safety deposit box.
- Aged 57 and over
- Canadian resident
- No monthly fee
- $15 discount on safety deposit box rentals
- Option to receive GIC monthly interest without penalty
Are you looking for a quality youth account to help your children learn how to save? And do you want them to keep as much of their cash as possible without getting nickel and dimed? Do you also live in B.C. or Alberta? If so, you should take a look at the Canadian Western Bank Youth Account.
- No monthly fee
- Unlimited transactions
- Free Interac e-Transfers
- The account earns much more interest than similar youth accounts
- Very few physical locations
- Low upper age limit
- Pricey cost of using non-EXCHANGE Network ATMs
- No additional perks
- Aged 18 and under
- Canadian resident










