PC Financial Is No More – But There Are Alternatives

PC Financial is no more - but there are alternatives

I’ve been a PC Financial banking customer banking customer almost since they opened their doors nearly 20 years ago.

It’s been a great experience for me, and even though I’m using other virtual banks like Tangerine, they were always a reliable no fee go-to bank. All the important stuff was free, the interest rates were higher than the Big 5, and the online banking experience has always been top notch.

I’ll tell it to you straight – I’m pretty bummed that they’re being completely taken over by CIBC and being rebranded as CIBC Simplii Financial on November 1st.

With 2 million customers hanging in the balance … I’m not the only one.

What does this mean for all PC Financial clients who can’t really imagine doing their daily banking anywhere else?

Banking As Usual In The Short Term

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Never A Better Time To Open A Tangerine Bank Account

Never a better time to open a Tangerine bank account

As a PC Financial (soon to be Simplii Financial) customer for almost 17 years now, I've been taking advantage of no-fee virtual banking pretty much since it first became available in Canada.

It's been fantastic.

I've enjoyed no monthly account fees and unlimited free cheques for that entire time along with earning much higher interest rates on savings than what is offered by the big Canadian banks. No complaints here!

All the while there has been another no fee banking competitor out there: ING Direct.

I'd always known about them, but their value proposition was never great enough for me. However, they were acquired by Scotiabank in 2012, changed their name to Tangerine, and upped their value proposition just enough that I took the plunge and opened my first account in 2014.

Use this Orange Key: Tangerine150

Up To $150 In Bonuses + up to 2.4% Interest For Opening Free Accounts

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Investing In Mutual Funds: A List Of Pros And Cons

Investing in mutual funds: a list of pros and cons

In Nailing the Basics of Mutual Funds, we went through mutual fund basics, like: what they are, the different types, and…

...what to keep in mind when certain mutual funds are being recommended to you by your friendly neighbourhood financial advisor or investment professional.

In this post, we’ll weigh the pros and cons of owning mutual funds.

Sure mutual funds provide a number of advantages...but they also come with some disadvantages that should NOT be overlooked.

So let’s get started.

5 advantages of owning mutual funds

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How To Save Money at Fairs, Carnivals and Exhibitions

How to save money at fairs, carnivals and exhibitions

One look at the price they’re charging for a hot dog – seriously, we’re all in the wrong business – is enough to make you think twice about coming back to a carnival or exhibition next summer.

But it doesn't have to be a painfully pricey experience to watch your child delight over the merry-go-round, watch a horse show, and pet a friendly goat…

Fairs, carnivals, and exhibitions can be wonderful places to spend time with your family – and they don’t have to cost you a kidney.

Here are a few tips that will make it more affordable to hit up your local fair, carnival, exhibition, or any other outdoor event that’s trying to charge $10 for an order of cold french fries...

Plan ahead

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