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!
Which one?
Some people don’t realize that Credit Unions are actually a whole bunch of different organizations, or maybe like me they use one of the few left that have just a handful of branches and don’t want to identify for that reason. Mine has two branches, one of which is only open part time in a neighbouring town.
As for the original post:
Small, local Credit Union for chequing/savings/TFSA Mortgage with BMO, because best rate and wife’s been with them a while. CIBC/Costco credit card because best rewards, as well as a Collabria credit card, because that’s the company my CU works with but haven’t used it since I got the Costco card.