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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

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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!

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[–] d3lta19@lemmy.ca 1 points 1 year ago* (last edited 1 year ago)

I've been using EQ bank for savings for awhile now. I just ordered a debit card from them to start using them as my main checking account. I am tired of getting 0.02$ a month on my $2000ish balance from Simplii.

I use MBNA rewards Mastercard for all my monthly purchases. Travel rewards add up pretty fast with it