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Showing posts with the label Canada Bank

Where can I earn 4.50% interest on my savings and get paid monthly? - Simplii Bank

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Where can I earn 4.60% interest on my savings and get paid monthly? The answer is Simplii Bank-  High-Interest Savings Account. What is Simplii Financial?  Who owns Simplii Financial? Simplii Financial is an online bank owned by the Canadian Imperial Bank of Commerce (CIBC) It means CIBC is a physical bank. Simplii is an online bank. Simplii Financial used to be PC Financial. Most Canadians shop with a  PC Financial Mastercard to earn points.   Is Simplii Financial and CIBC the same bank? Simplii is a division of CIBC Bank. CIBC is a physical bank. Simplii is an online bank Is Simplii Financial safe? Yes. Simplii IS SAFE. Simplii is as safe as the top 5 Canadian banks. The owner of Simplii Financial is CIBC Bank. It holds your deposits and is insured by the CDIC . Eligible accounts are covered up to $100,000. Why do you need an online bank account? The simple answer is:  Allow your money to make more money for you. We all want our money to produce some extra ca...

The Cheapest International Money Transfer Fee in Canada

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Send money abroad in a fast and cheaper way with EQ  in Canada. What is EQ Bank? Equitable Bank (EQ) is a Canadian physical bank headquartered in Toronto, Ontario, with a history of more than 45 years. EQ Bank is a subsidiary of Equitable Bank, which is a federally regulated bank that manages more than $42 billion in assets. EQ is the first online bank in Canada to complete digitization. During the non-promotional period, EQ Bank is still one of the banks with the highest interest rates in Canada.  Interest rates will change from time to time, go to the official website to check the latest deposit interest rates. 💛GOOD NEWS! Announcing 2% interest. EQ bank is excited to announce an increased everyday interest rate! Effective 2025, the Savings Plus Account, Joint Savings Plus Account, TFSA, RRSP, and FHSA now come with 3.00% interest. Annual interest; calculated daily, paid monthly. I am earning 20 times more interest on my savings account compared to 0.05% on the physical s...