Personal Finance Canada

1184 readers

1 users here now

Come and discuss anything related to personal finance, directly or indirectly, with other Canadians!

founded 1 year ago

MODERATORS

affairesdepiasses@lemmy.ca

What financial services do you use? (lemmy.ca)

submitted 1 year ago* (last edited 1 year ago) by MacroCyclo@lemmy.ca to c/personalfinancecanada@lemmy.ca

23 comments fedilink hide all child comments

I'm curious what products and services everyone uses. I like trying out new services, but it seems like the big banks are pretty effective at squashing competition.

I'll go first: Chequing - BMO Savings - Wealthsimple Investing - Questrade with Passiv Credit cards - BMO, Costco, Amazon

I have tried Brim (credit card) and Koho (kind of a chequing account), but eventually dropped them because they couldn't effectively replace BMO.

I'm interested to know everyone's experiences with their banks and other financial service providers.

Edit: This thread has been amazing! Thanks for all the replies!

you are viewing a single comment's thread
view the rest of the comments

[–] NENathaniel@lemmy.ca 1 points 1 year ago (1 children)

You can send money back and forth between accounts for free, but I don't think you can withdraw actual cash from Wealthsimple since they don't have ATM's

[–] MacroCyclo@lemmy.ca 1 points 1 year ago (1 children)

Gotcha, how do you get cash then? Or do you not need it?

[–] NENathaniel@lemmy.ca 2 points 1 year ago

I use my Tangerine chequing account which can work with Scotia ATM's, but yea tbh I scarcely need to take out cash.