There are many online banks out there offering high-interest savings accounts (HISAs). The usual suspects, such as Tangerine Bank and Simplii Bank, have a lottery where some customers receive short-term promotional interest rates. I’ve been riding the 5+% interest rate lottery at Tangerine Bank for a while now. …

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Disclaimer: This post contains affiliate links. We’re all familiar with the Big 5 Banks in Canada. They operate brick-and-mortar branches and offer a ton of benefits and services. You can interact with bank tellers, withdraw cash, take out a mortgage or loan, get a bank draft, get a safety deposit box, etc. For …

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