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!
Checking : EQ Bank with Tangerine as a backup (for cheques and interac debit)
Savings : CASH.TO with IBKR
Credit cards : Desjardins, PC Financial, Tangerine, Canadian Tire, Rogers, CIBC Costco, Brim, American Express
Investing : I’m currently moving everything to NBDB for registered accounts and IBKR for non registered, but in the mean time, I also have Wealthsimple and Questrade
I also have a KOHO account, that I use for my oldest kid’s allowance.
This sounds like you’ve shopped around. It seems from the responses that I need to get a Tangerine account for chequing.