this post was submitted on 12 Aug 2023
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Personal Finance Canada

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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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[โ€“] NENathaniel@lemmy.ca 4 points 1 year ago (7 children)

Tbh I have a CC with most banks just for the deals lol but the main ones I use:

Wealthsimple for general spending/saving

Tangerine CC for the stuff I get extra cash back on

Wealthsimple & Questrade for investing

[โ€“] MacroCyclo@lemmy.ca 1 points 1 year ago (6 children)

I didn't know you could use wealthsimple as a chequing account. Any fees on withdrawing cash?

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