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Blog posts by Brandi Marcene

4 min read

What Is the Average Credit Card Interest Rate in Canada?

Most Canadian credit cards charge about 20% APR on purchases.

4 min read

The Advantages of Online Banking

Online banking gives you always-on access to your money.

4 min read

Can a Bank Draft Be Cancelled in Canada?

A bank draft usually cannot be cancelled once issued because the funds have already been withdrawn.

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If I Deposit Cash, Is It Available Immediately?

Cash deposits are generally available immediately.

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Do You Pay Taxes on a High-Interest Savings Account?

Savings account interest in Canada is taxable income.

4 min read

How Much Money Should You Keep in Your Checking Account?

Your checking account should generally hold enough for regular expenses.