What is Neo Financial? Neo Financial is a Canadian fintech company offering a variety of products, including the Neo Everyday Account. It was founded in 2019 by veterans of the tech industry Kris Read and SkiptheDishes cofounders Jeff Adamson and Andrew Chau. Since the company’s inception, Neo’s mission has been “to reinvent how Canadians spend, save, and grow their money – all together, in one place.” Neo Financial aims to find new ways to streamline their offerings and make Canadi...| Million Dollar Journey
Not long ago, the Best Joint Bank Account in Canada lists were basically just the Big Five playing musical chairs. RBC, TD, BMO, Scotiabank, CIBC, and maybe Tangerine getting an honourable mention. But let’s be honest: not much separated them, and none of them were offering anything remotely exciting. That all changed when EQ Bank came along and completely changed the game. With automatic high interest rates, $0 account fees, and a refreshingly easy digital experience, EQ Bank has taken wha...| Million Dollar Journey
At any given time, there are numerous bonus offers and bank account promo codes available. But how do you decide which Canadian bank promotions are worth signing up for? To help, we've put together an updated list of the top offers. These promotions include deals from both online banks, as well as traditional brick-and-mortar banks. They cover standalone savings and chequing accounts, as well as “hybrid” accounts, and the offers range from no-fee accounts to premium packages. For a quick ...| Million Dollar Journey
While our EQ Bank Review details why it is our top pick for Canada’s best online bank and high interest savings account, Tangerine is our runner-up in more than one category. The Canadian online banking scene really boils down to a two-horse race between EQ and Tangerine. And seeing as Tangerine is our former top-recommended bank in Canada, we’re clearly fans of both. In this review we’ll give you the full details about Tangerine’s most popular offerings. We’ll also show you how...| Million Dollar Journey
Imagine racing across campus to make it to your early morning lecture when, suddenly, your coffee spills all over the front of your hoodie—the cleanest one you could find. You've got a lab report due, papers to write, midterms coming up fast, and you’re exhausted. Between paying rent, tuition, and buying next semester’s textbooks, your wallet has never been stretched so thin. You need a bank account that is flexible and accessible, but who has the time to research bank accounts? And w...| Million Dollar Journey
Oaken Financial is a Canadian digital bank offering very competitive rates. We review and compare it to other options.| Million Dollar Journey
The best Canadian high interest savings accounts for 2024 combine a mix of high interest rates, with no-fee banking, and elite user-friendly platforms. One thing to note right off the top: If your savings goal is more than 6 months in the future, you should likely be checking out our Best GIC Rates in Canada Comparison instead of using a high interest savings account. That said, our top HISAs are an excellent short term investment option when it comes to saving for a trip, storing an emergenc...| Million Dollar Journey
Should you worry about re-working your whole portfolio around the idea of choosing the best Canadian inflation stocks? Probably not. Of course that’s easier said than done as we proceed through stubborn inflation trends in 2023. When we started 2022, inflation was only being mumbled about by a very small cohort of market experts (shout out to Larry Summers). We then proceeded to see central banks fall further and further behind the inflation curve, before finally realizing that they had...| Million Dollar Journey
The cost of transferring money internationally to a bank account abroad – or just exchanging one currency for another – is likely to be higher than you think. The true cost of an international transfer from Canada can be shockingly high for those who don't understand how those type of fees are structured (as the markup is a hidden fee, banks don't clearly show it to unknowing customers). For that, many people are mistaking the flat fees of an international wire, which vary between $15-$50...| Million Dollar Journey
What Is Motive Financial? Motive Financial, which is under the Canadian Western Bank, is one of Canada’s best known online banks. They offer chequing, savings, RRSP, TFSA, and GIC accounts. Since Motive Financial has no brick and mortar physical locations, they are able to cut down on overhead costs and offer clients some pretty great deals including allowing clients to earn interest on their chequing accounts. Is Motive Financial Safe & Legit? Safety is always a concern when it comes to ...| Million Dollar Journey
What is Scotiabank? Scotiabank, officially known as the Bank of Nova Scotia, is one of Canada’s Big Five banks. Established in Halifax in 1832, it has grown to be considered as Canada’s most international bank, serving over 25 million customers worldwide. It is one of Canada’s oldest and most trusted banks with a full range of banking products. In this Scotiabank review, I’m going to focus on Scotiabank’s Ultimate Package and Preferred Package, which offer the most value to custom...| Million Dollar Journey