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2 weeks ago | 
moneysense.ca | Keph Senett
Credit Cards Sponsored By Neo Financial We spend a lot of money on groceries in Canada. See how much the average Canadian will pay in 2025, and which credit card can help you save on food. The rising cost of food is a major concern in Canada. Although inflation sparked by the COVID-19 pandemic has eased, the cost of groceries remains higher than pre-pandemic levels.
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2 months ago | 
moneysense.ca | Keph Senett
Why should you open a registered retirement savings plan (RRSP)? This account type is often described as “tax-advantaged,” meaning it offers a tax-efficient way for savers and investors to build wealth for the future, usually for retirement. To maximize its potential, it helps to know the differences between an RRSP and other kinds of registered accounts, like the tax-free savings account (TFSA) and first home savings account (FHSA).
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Jan 10, 2025 | 
moneysense.ca | Keph Senett
Here’s how Canada’s Old Age Security pension works, who’s eligible for OAS, when you can start receiving OAS, and the OAS payment dates in 2025.
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Dec 6, 2024 | 
moneysense.ca | Concentra Trust |Moi Rewards |Keph Senett
Banking Many Canadians use a regular savings account to put money toward financial goals. But there’s a better way that pays more interest and charges no fees. You work hard, follow a budget and put away some money, but now what do you do with it? Most savings tools available to Canadians are underwhelming, either returning low interest, locking in funds for long periods or charging onerous fees—or some combination of the these.
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Dec 4, 2024 | 
moneysense.ca | Moi Rewards |MCAN Wealth |Keph Senett |Concentra Trust
RDSPs Sponsored By Concentra Trust The registered disability savings plan is a powerful financial tool for Canadians with disabilities. Learn about RDSP contributions, grants and more. The registered disability savings plan (RDSP) is not new—it was introduced in 2008 to help those eligible for a disability tax credit (DTC) save and invest. However, few Canadians know about it.
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Nov 1, 2024 | 
moneysense.ca | Keph Senett
Cash back credit cards are an extremely popular type of rewards card in Canada. Each cash back credit card has its own features and benefits, so you’ll want to compare the annual fee, earn rate and any additional benefits before you apply. Compare your options with our interactive tool and filter credit cards based on rewards value, annual fees, income requirements and more. To help you pick the right card we’ve put together a list of our favourites based on different categories.
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Nov 1, 2024 | 
moneysense.ca | Keph Senett
Canadians love travel and shopping, but when using their credit cards outside of Canada, many pay foreign transaction fees—as much as 2.5%—on every purchase, and that’s on top of the exchange rate. The good news is there are several strong credit card options for Canadians that either offer no foreign transaction fees or reward purchases with more than enough cash back to cover the fees. Why trust usMoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999.
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Oct 25, 2024 | 
money.ca | Keph Senett |Jessica Gedge |JC Villamere |Nicholas Sokic
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Oct 18, 2024 | 
moneysense.ca | Keph Senett
Banking If you’re tempted to open a new bank account because you saw a great promotional offer, make sure you know the answer to these five questions first. Some banks entice Canadians to open new accounts with the offer of a high but short-lived promotional interest rate. A generous interest rate might catch your eye, but there are a few things you should ask yourself before you sign up for a new chequing or savings account. Not everybody loves promo rates.
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Oct 1, 2024 | 
moneysense.ca | Keph Senett
Many credit cards now offer mobile device insurance, and it’s easy to see why. Smartphones aren’t cheap, so having his type of insurance is a valuable perk that can save you a lot of money. Let’s break down how mobile device insurance works and look at the best credit cards in Canada that offer this credit card benefit.
