The Bank of Canada has announced that they will be maintaining the current target for the overnight rate at 1%. That being said, the Bank Rate is 1.25%, while the deposit rate is at 0.75%. The rate has been kept at 1% for the past year as the Bank of Canada continues to wait for

In October I wrote about how the Royal Bank of Canada (RBC) announced that they would be launching a new online travel booking tool in collaboration with Travelocity. As I mentioned in the previous article, this new tool was expected to be made available in the coming weeks, and today, I am here to report

TD Bank Group has recently announced that it has completed the acquisition of substantially all of MBNA Canada’s credit card portfolio, not to mention other assets and liabilities from Bank of America Corporation. MBNA Canada is currently the largest MasterCard issuer and the fourth largest credit card issuer in the country. With the end of

The past few days have been quite hectic, in fact I have hardly found time to visit some of the websites I usually visit to read up on for leisure. Among the long list, I have found little to no time to visit MacRumors. That being said, I took a few minutes out of my

Mobile banking is something that has taken the world by storm; Canada is no exception to that statement. Over the past few years you will find banks having launched their very own mobile banking apps to major smartphone platforms. That being said, the Royal Bank of Canada (RBC) launched their own integrated mobile banking app

A few weeks ago I wrote an article concerning the new features that the new Scotiabank online banking website will have. Personally, I thought that a few of the features were brilliant, and was looking forward to seeing what other new features Scotiabank will bring about. I was on their website today and was completely

Today is a good day for Bank of Montreal (BMO) clients; BMO has announced that they have made significant enhancements to both its online and mobile banking functionality and services. These changes are aimed to improve the overall experience for BMO clients when they use BMO’s online banking and BMO’s mobile banking app. What are