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Minimum Interest Rate
0.01%
Maximum Interest Rate
0.01%
Balance Required For Maximum Interest Rate
$0
3.8 Genius Rating
0.0 (0) User Reviews

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.

Pros
  • Free to have this account
  • No fees to transfer to other TD accounts
  • Earn 0.01% interest on your savings
Cons
  • Only one free transaction per month
  • Fees for additional transactions and ATM use
  • Low interest rate that doesn’t increase with tiers
Provinces
ALL
Eligibility
See Issuer for Details
Why You Want It
Unlimited transfers to another TD account + Automated savings feature.
Special Features
  • Automated savings feature
  • Free transfers to other TD accounts
# Of Free Transactions
1
# Of Free Interac E-Transfers
N/A
Max Promotion Rate
N/A
Welcome Bonus Value
N/A
Promo End Date
N/A
 
Term Life Insurance
Yes
Terms Available
  • 10 years
  • 15 years
  • 20 years
  • 25 years
  • 30 years
  • 35 years
  • 40 years
  • 50 years
Permanent Life Insurance
Yes
Guaranteed Acceptance Life Insurance
Yes
2.9 Genius Rating
0.0 (0) User Reviews

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.

Pros
  • Plenty of term lengths to choose from
  • Plenty of other services available
  • Multiple channels to contact customer service
Cons
  • No guaranteed acceptance or universal life insurance options
  • Online only means no in-person assistance
Provinces
ALL
Eligibility
See Issuer for Details
Why You Want It
8 life term insurance lengths + Very responsive customer service.
Special Features
  • Wide range of services available
  • Available Canada-wide
Term Life Insurance
Yes
Terms Available
  • 10 years
  • 15 years
  • 20 years
  • 25 years
  • 30 years
  • 35 years
  • 40 years
  • 50 years
Permanent Life Insurance
Yes
Guaranteed Acceptance Life Insurance
Yes
Universal Life Insurance
Yes
 
Minimum Balance To Waive Fee
$5,000
# Of Free Monthly Transactions
Unlimited
# Of Free Monthly Interac E-Transfers
Unlimited
Monthly Fee
$30.95
3.9 Genius Rating
0.0 (0) User Reviews

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.

Pros
  • 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)
Cons
  • High minimum balance to waive the monthly fee
  • No rewards program or valuable perks
  • No savings on international money transfers
Provinces
ALL
Eligibility
  • Age of majority
Why You Want It
Unlimited transactions + No ATM fees anywhere in the world.
Special Features
  • TD Fraud Alerts
  • No ATM fees
  • Automatic savings transfers
  • Free personalized cheques, money orders, and certified cheques
Minimum Balance To Waive Fee
$5,000
# Of Free Monthly Transactions
Unlimited
# Of Free Monthly Interac E-Transfers
Unlimited
Monthly Fee
$30.95
Excess Transaction Fee
N/A
Excess Interac E-Transfer Fee
N/A
Maximum Credit Card Annual Fee Waiver
$139
Maximum Welcome Bonus
$450
Promo End Date
May 28, 2025
Physical Locations
Yes
Automatic Budgeting System
Yes
Minimum Interest Rate
N/A
Earn Rewards On Debit Purchases
No
Free Cheques
Yes
Free Bank Drafts
No
Max Rebates For Other Accounts
$1
Discounts For Seniors
Yes
Discounts For Youth
No
Other Discounts
No
 
Minimum Interest Rate
2.25%
Maximum Interest Rate
3%
Balance Required For Maximum Interest Rate
$20,000
3.7 Genius Rating
4.1 (9) User Reviews

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.

Pros
  • Impressive 3% interest rate
  • 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
Cons
  • Hard to access your money
  • No welcome bonus offered
Provinces
ALL
Eligibility
See Issuer for Details
Why You Want It
$50 GeniusCash + Earn 2.25% - 3% interest + No monthly fees.
Special Features
  • No monthly fees or minimum deposit required
  • Personalized saving goals to keep you organized and on-track
  • Track your goals in real-time
# Of Free Transactions
N/A
# Of Free Interac E-Transfers
N/A
Max Promotion Rate
N/A
Welcome Bonus Value
N/A
Promo End Date
N/A
 
Travel Accident
$25,000
Emergency Medical
$2,000,000
Trip Cancellation
$20,000
Trip Interruption
$25,000
4.9 Genius Rating
0.7 (3) User Reviews

soNomad is relatively new to the insurance market, but it's gaining popularity for its broad range of coverage options and easy purchasing process. Whether you’re a student, seasoned traveller, or just looking for basic coverage on your next out-of-province trip, you can find the travel insurance you need.

Pros
  • Up to 25% cheaper than other travel insurance on average
  • Easy-to-use online quote system
  • Unique plans for visitors to Canada
Cons
  • Some areas of Canada are left out
  • High-risk adventure activities are excluded
Provinces
ALL
Eligibility
  • Canadian resident or visitor
Why You Want It
Pay 25% less for coverage on average + Get a free, no-commitment quote in minutes.
Special Features
  • No administrative fees for date changes, cancellations, or early returns
  • Call 1-855-221-4555 for a quote
  • COVID-19 coverage at no extra cost
Travel Accident
$25,000
Emergency Medical
$2,000,000
Trip Cancellation
$20,000
Trip Interruption
$25,000
Flight Delay
$1,000
Baggage Loss, Damage, Delay
$1,500
Hotel Burglary
$1,500
Rental Car Theft And Damage
No
Rental Car Accident
N/A
Rental Car Personal Effects
N/A
Student Plans Available?
Yes
 
Rate Type
Fixed Closed
Rate Guarantee (days)
120
Posted Closed Rates
  • 5 year: 4.09%
2.7 Genius Rating
1.0 (1) User Reviews

One of Canada's favourite non-traditional fintech startups is now offering mortgages. Since Neo Financial was founded in 2019, it's been taking the financial world by storm, making it no great surprise that they've added mortgages to their service menu.

Pros
  • Better rates than the big 5 banks
  • Super fast application and pre-approval process
  • Customer service is top notch
Cons
  • Not available in many parts of Canada
  • Online-only isn't for everyone
Provinces
AB, BC, MB, NB, NL, NS, ON, PE, SK
Eligibility
  • Live in Canada
  • Minimum credit score of 640
Why You Want It
Better rates than the big banks + Apply and get pre-approved in under 5 minutes.
Special Features
  • Do everything online, complete with a dedicated Mortgage Advisor
  • Chance to win free mortgage payments for a year
Rate Type
Fixed Closed
Pre-approval
Yes
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
Unlimited
Max Payment Increase Allowed
20%
Promotion Available
N/A
Promotion End Date
N/A
 
Actual Replacement Cost Of Home And Personal Belongings
Yes
Full Sewer Backup
Yes
Replacement Cost Guarantee
Yes
Additional Living Expenses
Yes
4.7 Genius Rating
0.0 (0) User Reviews

If you're looking for a quick and easy way to get home insurance at a decent rate, Square One will deliver. Square One launched its professional services in January of 2011 and now provides several different insurance products, including landlord insurance, tenant insurance, condo insurance, and more. They've found a way to bypass many of the complexities typically built into more traditional policies, making it easier to customize your insurance coverage.

Pros
  • Offers competitive rates starting at $12 a month
  • Choose either monthly or annual payments
  • Customization is easy
  • Guaranteed 2-hour response for emergencies
  • Available in Quebec (but not through our link)
Cons
  • Not available in most of Canada
  • Non-refundable premium
  • No in-person assistance
Provinces
ON, AB, BC, MB, SK, QC
Eligibility
  • Age of majority in your province.
Why You Want It
Rates start as low as $12 per month + Coverage is fully customizable and online.
Special Features
  • Coverage for as low as $12 per month
  • Only offers a Comprehensive insurance policy for the best protection
  • Allows customers to exclude coverage for property they don't own to reduce premiums
  • Access to a Legal Advice Helpline
  • An expert review of your condo corporation's insurance policy to determine your necessary limits and deductibles
  • Interest-free monthly payments
  • 24-hour claims service with a guaranteed 2-hour emergency response
  • Available in Quebec
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
No
Additional Living Expenses
Yes
Home Sharing
Yes
Home Security Savings
Yes
Multi Home Savings
No
Newly Built Home Savings
Yes
 
Minimum Balance To Waive Fee
N/A
# Of Free Monthly Transactions
Unlimited
# Of Free Monthly Interac E-Transfers
Unlimited
Monthly Fee
$0.00
2.8 Genius Rating
4.8 (13) User Reviews

Innovation's No-Fee Bank Account is a top-notch no fee account that offers features and benefits not commonly associated with chequing accounts. This chequing account from Saskatchewan-based Innovation Federal Credit Union is a strong contender in the free chequing account sphere, with cross-country availability (except for Quebec).

Pros
  • Earn rewards on monthly transactions
  • Free and unlimited transactions and Interac e-Transfers®
  • No minimum balance requirements
  • Free non-affiliated ATM use in Canada
  • Earn rewards for everyday banking
Cons
  • Unavailable for Quebec residents
  • No branch locations outside of Saskatchewan
Provinces
AB, BC, MB, NB, NL, NU, NT, NS, ON, PE, YT, SK
Eligibility
  • Be age 18 or older
  • Be a Canadian resident (excluding Quebec)
  • Have a SIN
  • New members pay a $5 membership fee
Why You Want It
Unlimited transactions for $0 + Ding-free non-affiliated ATM usage.
Special Features
  • Ding-free ATM use across Canada
  • Everyday banking earns cash rewards
Minimum Balance To Waive Fee
N/A
# Of Free Monthly Transactions
Unlimited
# Of Free Monthly Interac E-Transfers
Unlimited
Monthly Fee
$0.00
Excess Transaction Fee
N/A
Excess Interac E-Transfer Fee
N/A
Maximum Credit Card Annual Fee Waiver
N/A
Maximum Welcome Bonus
N/A
Promo End Date
See Issuer for Details
Physical Locations
Yes
Automatic Budgeting System
No
Minimum Interest Rate
N/A
Earn Rewards On Debit Purchases
Yes
Free Cheques
No
Free Bank Drafts
No
Max Rebates For Other Accounts
N/A
Discounts For Seniors
No
Discounts For Youth
No
Other Discounts
No
 
Minimum Balance To Waive Fee
$4,000
# Of Free Monthly Transactions
Unlimited
# Of Free Monthly Interac E-Transfers
Unlimited
Monthly Fee
$17.95
3.9 Genius Rating
0.0 (0) User Reviews

The TD Unlimited Chequing Account lives up to its name, offering unlimited transactions and unlimited Interac e-Transfers. At $17.95 per month, it’s a mid-tier bank account that comes with plenty of value, including a generous welcome bonus and the option to receive a first-year annual fee rebate on several TD credit cards—perfect if you like keeping your financial products all at one institution.

Pros
  • Completely unlimited transactions
  • Free ATM withdrawals from any ATM in Canada
  • Valuable welcome bonus offered
  • Credit card fee rebate included
  • Earn 50% more Starbucks stars
Cons
  • The minimum balance to waive the fee is quite high
  • No free cheques or safety deposit box waiver
  • High fees for using global ATMs
Provinces
ALL
Eligibility
  • Age of majority
Why You Want It
$139 credit card fee waiver + Unlimited transactions and e-Transfers.
Special Features
  • Discounted monthly fee for seniors
  • Free unaffiliated ATM use
  • Earn 50% more Starbucks Stars
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
$139
Maximum Welcome Bonus
$700
Promo End Date
May 28, 2025
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
 
Credit Card Fee
1.75%
Paypal Fee
N/A
Desktop App?
Yes
Mobile App?
No
4.6 Genius Rating
3.9 (12) User Reviews

Chexy lets you pay your rent, bills, and taxes with your credit card, earning rewards without changing how your landlord or payees get paid. To pay rent with Chexy, all you need to provide is your landlord's information and credit card details once, and then Chexy automatically charges your card and processes the payment via e-Transfer, Pre-Authorized Debit, or Bill Pay each month.

Pros
  • Earn credit card rewards on your bills
  • No need for your landlord to sign up
  • Credit building service
Cons
  • Credit card fees can get high (depending how expensive your bills are)
  • No option for paying with PayPal
  • Lack of a mobile app
  • Doesn't accept Canadian Mastercards
Provinces
ALL
Eligibility
N/A
Why You Want It
Earn cashback or credit card points by paying your rent, bills and taxes + Referral bonuses.
Special Features
  • Earn cash back or travel rewards, and Aeroplan points on rent, bills, and taxes
  • Automated payments & landlord-friendly
  • Low fees compared to other services
  • Exclusive offers and partnerships (Aeroplan offers)
  • Credit-building service add-on
Pay Utilities?
Yes
Pay Mobile Bill?
Yes
Pay Other Bills?
Yes
Pay Income Taxes?
Yes
Pay Property Taxes?
Yes
Pay Mortgage?
No
Pay Insurance?
Yes
Pay Tuition?
Yes
Pay With Credit Card?
Yes
Pay With Debit Card?
Yes
Pay By Interac E-Transfer?
No
Pay With Paypal?
No
Pay In Person?
No
Credit Card Fee
1.75%
Debit Card Fee Minimum
N/A
Debit Card Fee Maximum
N/A
Interac E-Transfer Fee
N/A
Paypal Fee
N/A
Security Features
See Issuer for Details
Desktop App?
Yes
Mobile App?
No
 

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