Financial Product Reviews
The TD Minimum Chequing Account is very well suited for people with minimal banking needs. Notably, seniors over 60 years old who are collecting the Guaranteed Income Supplement (GIS) and Registered Disability Savings Plan (RDSP) beneficiaries can use this account without paying the $3.95 monthly fee.
- Free for seniors collecting GIS
- Free for RDSP beneficiaries
- Low monthly fee
- Earn extra Starbucks rewards
- Limited amount of transactions
- Additional transaction and ATM fees
- No free e-Transfers
- Age of majority
- 50% more Stars at participating Starbucks stores
- Free for RDSP beneficiaries and seniors receiving GIS
The Laurentian Bank Unlimited Account is a reliable and cost-effective chequing account available for all Canadians. With unlimited transactions, a reasonable fee, and plenty of ATMs available, this product can provide the convenience you're looking for in a chequing account.
- Unlimited transactions
- Reasonable monthly fee
- Lower fees for seniors and students
- Extensive ATM network
- Complicated minimum balance requirement
- Limited branch access
- Few freebies or perks
- Be a Canadian citizen, permanent resident, or landed immigrant
- Be at least 18 years old
- Access to the extensive THE EXCHANGE Network of ATMs
- Reduced monthly fees for students and seniors
The RBC NOMI Find & Save account is one of the most unique savings accounts in Canada, taking the idea of automating your savings to the next level thanks to its predictive technology. NOMI will track the cash flow of your RBC chequing account and move over some extra cash it thinks you won't miss to your savings account automatically.
- Completely automate your savings
- Payment protection helps cover upcoming costs
- Free to move money between your other RBC accounts
- Low interest rate of 0.2%
- Limited access to your money
- Unable to customize the automatic transfer amount
- Payment protection doesn't protect against debit purchases
- Be a resident of Canada
- Have an RBC chequing account
The CIBC Smart Start Account is a chequing account tailored for Canadians under the age of 25, and its convenient features make it very attractive, especially to students. And since CIBC is one of Canada's big 5 banks, the young account holders can rest assured of their bank's security and reliability.
- No monthly fees until age 25
- Unlimited transactions
- Free SPC+ membership
- CIBC Investor's Edge trading perks
- Save up to 10 cents per litre on gas
- Welcome and referral bonuses
- Converts to the CIBC Smart Account at age 25
- Unaffiliated ATM fees are rather high
- Under 25 years of age or a parent of a youth under age 13
- Free SPC+ membership
- Earn up to $500 each year with referrals
- Save on gas with Journie Rewards
A time-honoured staple of Canadian journalism, The Globe And Mail Home Delivery (Saturday Only) provides you with the physical iteration of one of the nation's favourite newspapers. Founded in 1844 by George McCullah, this paper has seen incredible growth and now reaches approximately 6 million readers weekly. These readers have a range of top-quality articles to choose from, including Canadian and international business, political, sports, and personal finance news, just to name a few areas of coverage.
- Unlimited digital access included
- Exclusive events, newsletters, tools, and guides
- Audio feature to read articles to you
The Canadian Tire High Interest Savings Account makes it easy to grow your money with a competitive 2.4% interest rate, no minimum balance requirements, and no monthly fees. You’ll also get unlimited transfers between Canadian Tire accounts through the Triangle app, giving you a straightforward and flexible way to stay on top of your finances.
- Earns an impressive interest rate
- Unlimited transfers between Canadian Tire accounts
- No monthly fees or minimum balance required
- No extra perks or benefits available
- Limited customer service options available
- Not available for residents of Quebec
- Age of majority
If you’re someone who doesn’t need to make a lot of transactions throughout the month and wants a simple way to save, the TD Every Day Savings Account could be a great option for you. TD Every Day Savings Account holders earn interest on every dollar for no monthly fee, and the account includes one free transaction per month. Additionally, it offers the convenience of free unlimited transfers between TD accounts, making it easy to use this account for savings and a chequing account for day-to-day banking.
- Free to have this account
- No fees to transfer to other TD accounts
- Earn 0.01% interest on your savings
- Only one free transaction per month
- Fees for additional transactions and ATM use
- Low interest rate that doesn’t increase with tiers
- Automated savings feature
- Free transfers to other TD accounts
- 10 years
- 15 years
- 20 years
- 25 years
- 30 years
- 35 years
- 40 years
- 50 years
Based in Vancouver, Lions Peak Insurance is a life insurance broker that works with well recognized names like Sun Life, Manulife, Desjardins, and more. Lions Peak Insurance can help set you up with a life insurance policy tailored to your unique needs.
- Plenty of term lengths to choose from
- Plenty of other services available
- Multiple channels to contact customer service
- No guaranteed acceptance or universal life insurance options
- Online only means no in-person assistance
- Wide range of services available
- Available Canada-wide
- 10 years
- 15 years
- 20 years
- 25 years
- 30 years
- 35 years
- 40 years
- 50 years
The TD All-Inclusive Banking Plan offers a rich set of benefits in exchange for a $30.95 monthly fee, which is waived when a $5,000 daily balance is maintained throughout the month. Account holders can enjoy unlimited transactions, no fees for TD or non-TD ATMs, rebates on the annual fee for select TD credit cards, and the opportunity to earn bonuses from partners like Starbucks.
- Generous welcome bonus
- Unlimited transactions and Interac e-Transfers
- Free safety deposit box, cheques, and money orders
- Rebate on select TD credit cards
- Free ATM use (both TD and non-TD ATMs)
- High minimum balance to waive the monthly fee
- No rewards program or valuable perks
- No savings on international money transfers
- Age of majority
- TD Fraud Alerts
- No ATM fees
- Automatic savings transfers
- Free personalized cheques, money orders, and certified cheques
The Neo Savings Account is Neo’s high-interest savings account (HISA), an easy option for Canadians looking for an account with generous interest rates on all deposits. Plus, Neo doesn't charge any fees, which makes this account an excellent choice regardless of your savings experience or financial knowledge.
- Impressive 3% interest rate
- Up to $650 in welcome bonus
- No monthly fees or minimum deposit requirements
- Personalized goal-tracking tool
- Earn more interest and rewards with a Neo Membership
- Customizable account name and icons
- Hard to access your money
- No welcome bonus offered
- No monthly fees or minimum deposit required
- Personalized saving goals to keep you organized and on-track
- Track your goals in real-time










