Which is the best online bank in Canada?

The best online bank depends on your needs. Some prefer an account with no monthly fees, while others are looking for a high annual interest rate on their savings account. The best virtual banks in Canada often include EQ Bank, Neo Financial, Tangerine and Alterna Bank. Each offers comprehensive banking services, easy access to account opening, an excellent mobile application and a wide range of financial products.

Which bank has the best mortgage rates in Canada?

Since mortgage rates vary according to individuals and circumstances, it's a good idea to compare offers before taking out a contract.

Which bank is best for mutual funds in Canada?

Virtual banks generally charge lower fees than traditional banks. For investing in mutual funds, Wealthsimple, Alterna Bank and Manulife Bank are popular options among Canadians who wish to manage their investments independently online.

What's the best bank in Canada for newcomers?

For newcomers to Canada, it's best to choose a bank with multilingual customer service and few or no monthly fees.

EQ Bank vs Simplii: which online bank to choose?

Between EQ Bank and Simplii Financial, our preference is for EQ Bank. It stands out for its low fees, high-interest accounts and comprehensive digital platform. However, if you're already a CIBC customer or are looking for attractive sign-up bonuses, Simplii may be right for you. Simplii Financial is not available at Quebec.