All Questions
50
questions
4
votes
1
answer
217
views
What kind of information can I use when trying to convince my bank to lower the interest rate on my line of credit?
I'm looking to lower the interest rate on my line of credit, and, before calling up my bank, I am wondering what kind of information I should have prepared that I can use as arguments when trying to ...
- 1,659
12
votes
2
answers
1k
views
Why do they ask whether it is a paycheck or not in a bank?
I am getting paid with checks so each time I deposit it to my bank account they ask whether it is a paycheck or not. What difference does it make?
- 893
2
votes
1
answer
2k
views
What is the difference between the different types of bank in Canada?
In Canada banks are referred to as tier 1 and tier 2. What are the differences between them? What services are they allowed to offer and not offer? Are all covered by the CDIC?
- 6,230
3
votes
2
answers
37k
views
What's the difference between a Chequing account and a Savings account?
Because I know you can draw cheques from a savings account, so what gives?
- 8,683
4
votes
2
answers
657
views
What is covered by CDIC savings deposit insurance?
In the unlikely event that a financial institution fails in Canada, what is covered by the Canadian Deposit Insurance Corporation? What is the limit of coverage?
- 6,230