Personal financial management is an essential part of living in Canada. While some may decide to leave such a decision in the hands of financial advisors, others may prefer to handle that aspect independently. As important a financial decision is, it is vital to shop around for the best rates with quality service. This saves you hundreds and sometimes thousands of dollars.
With your smartphone or PC, you can surf the internet for personal finance ideas, and you’ll be amazed at tons of ideas and suggestions available to you. The challenge, however, is how to identify the reliable ones among the numerous options. To make such decisions easier and effortless, Ratehub Canada offers diverse online financial services that help you to compare thousands of rates from hundreds of providers in mortgages, insurance, banking, credit cards, investments, and other financial products.
Ratehub Canada ratings and popularity among Canadians have soared in recent years due to its credibility, ease of use, resources, comparative rates, customer service, and free to use platform.
About Ratehub Canada
Ratehub Canada is an online financial platform designed to provide financial instruments and services by comparing various financial products offered by different companies and institutions, including mortgage, insurance, credit card, deposits, and investments.
This online comparison platform also provides personalized recommendations on various financial products to its users to make informed financial decisions. This is done through its financial calculator and rate analysis.
As a fintech company, Ratehub provides online financial information services, including consulting, mortgage, payment calculations, rate analysis, and financial advisory to millions of Canadians. You can use the Ratehub online services to compare mortgage rates, credit card offers, deposit and banking products, and coverage products offered by Canadian brokers and major financial institutions, including banks and credit unions, to help you make smart financial decisions, free of charge.
Ratehub Canada was established in 2010 by Alyssa Richard and James Laird, with headquarters in Toronto. Ratehub currently has about 800 thousand monthly users and has helped millions of Canadians make better financial choices.
As an innovator in an online mortgage, Ratehub launched its own Canada Mortgage and Housing Corporation (CMHC) lender in 2020, known as CanWise Financial. Ratehub Canada also has a personal finance platform, MoneySense.
Ratehub Canada Comparison Service
Ratehub is a one-stop-shop for comparing rates and features of various financial products and providers. These include:
Mortgages
Ratehub Canada was originally established as a mortgage comparison platform and has remained true to its ideals in providing the best mortgage rate analysis and comparison, mortgage calculator, and best Mortgage brokers. If you want to build your first home, renewing, or refinancing an existing mortgage, Ratehub Canada claims to get you the best rate in under two minutes.
The following are some of the best mortgage services offered by Ratehub Canada.
1. Rates
Fixed Mortgage Rates
- 1 year fixed mortgage rates
- 2 year fixed mortgage rates
- 3 year fixed mortgage rates
- 4 year fixed mortgage rates
- 5 year fixed mortgage rates
- 6 year fixed mortgage rates
- 7 year fixed mortgage rates
- 8 year fixed mortgage rates
- 9 year fixed mortgage rates
- 10 year fixed mortgage rates
Variable Mortgage Rates
- HELOC mortgage rates
- 3-year variable mortgage rates
- 5-year variable mortgage rates
Bank Mortgage Rates
- BMO mortgage rates
- TD Bank mortgage rates
- Scotiabank mortgage rates
- National Bank mortgage rates
- CIBC mortgage rates
- RBC mortgage rates
- Simplii mortgage rates
- Laurentian mortgage rates
- Tangerine mortgage rates
Broker Mortgage Rates
- CanWise mortgage rates
- RedPath mortgage rates
- Centum mortgage rates
- Top Producers mortgage rates
- Safebridge mortgage rates
- Safebridge Verico mortgage rates
2. Mortgage Calculators
Homebuying Calculators
- Payment calculator
- Affordability Calculator
- Land transfer tax calculator
- CMHC mortgage insurance calculator
Refinancing Calculator
- Refinance calculator
- Penalty calculator
- Debt consolidation calculator
- Maximum equity finance
3. Brokers – Accredited Mortgage Professionals (AMP)
- Brokers by province (except Quebec)
- Brokers by city
4. Education Centre
- Buying – including mortgage and purchase process, mortgage payment, mortgage terms, closing costs, etc.
- Renewing – mortgage renewal process, tips, and how to switch providers.
- Refinancing – refinancing reasons, methods, and costs.
- Special Mortgages – including bad credit, condos, bridge financing, construction mortgages, reverse mortgages, investment properties, etc.
Credit Cards
For whatever reasons you might need a new credit card, the Ratehub Canada comparison tool lets you filter the best credit cards from various issuers. You can get the card that suits your financial goals using the variables provided to filter your preferences, such as rewards cards, Cash Back cards, low-interest cards, or credit score related cards.
Alternatively, you can use Ratehub’s monthly featured best credit cards to choose your preferred card. The Ratehub credit card categories are:
Rewards Credit Card
- Travel rewards credit card
- Cash Back rewards credit card
- Store Credit rewards credit card (Amazon.ca points, PC points, Petro points, Sony points, Walmart Dollars, etc.)
- Gas rewards credit card
Other Card Types
- Low-interest credit cards
- No-Fee credit cards
- Balance transfer credit cards
- Student credit cards
- Business credit cards
- No foreign transaction fee credit cards
- Secured credit cards
- US currency credit cards
Networks
- Visa credit cards
- MasterCard credit cards
- American Express credit cards
Travel and Cash
- Aeroplan Miles
- Air Miles
- Aventura points
- Best Western points
- Blue Sky points
- Marriott Rewards points
- MBNA rewards
- More rewards
- Scotia rewards
- RBC rewards
- TD points
- Starwood preferred guest rewards
- WestJet Dollars
Banks-related credit cards
- American Express credit cards
- BMO credit cards
- CIBC credit cards
- MBNA credit cards
- Canadian Tire credit cards
- PC Financial credit cards
- TD Bank credit cards
- RBC Royal Bank credit cards
- Scotiabank credit cards
- Capital One credit cards
- National Bank credit cards
Credit Card calculators
- Rewards calculator
- Aeroplan Miles calculator
- TD points calculator
- Air Miles calculator
- BMO Rewards points calculator
- MBNA reward points calculator
Credit Card insurance products
- Credit card rental car insurance
- Extended warranty insurance
- Price protection insurance
- Purchase security
- Flight delay insurance
- Lost luggage insurance, etc.
Banking
You can use Ratehub to compare chequing, savings, and registered savings accounts from Canada’s big banks, credit unions, and virtual banks.
Savings Accounts
- High-interest Savings Accounts (HISA)
- Tax-Free Savings Accounts (TFSA)
- RRSP savings accounts
- Youth savings accounts
- Senior savings accounts
- US savings accounts
- Business savings accounts
- Tiered savings accounts
Chequing Accounts
- Personal chequing accounts
- Student chequing accounts
- Youth chequing accounts
- Senior chequing accounts
Featured Banking Providers
- EQ Bank
- TD Bank
- Tangerine
- Royal Bank of Canada
- CIBC
- Motive Financial
- Scotiabank
- Oaken Financial
- Bank of Montreal (BMO)
Investing
Ratehub’s comparison tool is suitable to compare Guaranteed Investment Certificates (GIC) rates, GIC terms, and GIC types from major Canadian banks, credit unions, and digital banks.
GIC Rates by Type
- Non-registered GIC rates
- TFSA GIC rates
- Registered GIC rates – RRSP GIC, RESP GIC, TFSA GIC, etc.
- USD GIC rates
- Short term GIC rates
- Long term GIC rates
- Redeemable GIC rates
- Non-redeemable GIC rates
GIC Terms
- Short-term GICs (30 days, 60 days, 90 days, 120 days, 180 days, and 270 days)
- Long-term GICs (1 year to 6 years GICs)
- Laddered GICs
Types of GIC
- Cashable and redeemable GIC
- Market and equity-linked GIC
- The US and foreign currency GIC
GIC Providers
- RBC Royal Bank
- Equitable Bank
- BMO
- CIBC
- Oaken Financial
- Meridian Credit Union
- Scotiabank
- Tangerine
- Manulife Financial
- TD Bank
- Parama Credit Union
Insurance
Ratehub helps you find the best auto, home, life, and travel insurance quotes. Within few minutes, depending on your coverage needs, you can get the best insurance quotes from Canada’s top providers with a step-by-step guide and tips for buying insurance. These include:
Auto Insurance
- Car insurance quotes
- Student car insurance
- Third-party liability insurance
- Comprehensive insurance
- Collision insurance
- No-fault insurance
- Tips on how to buy and save on car insurance
- Tips on how to buy a car
- Usage-based insurance
- Car insurance by province
Home Insurance
- Home insurance quotes and basics
- Condo, Tenant, and Rental property insurance
- Flood insurance
- Contents insurance
- Home insurance by province
Life Insurance
- Life insurance quotes
- Term life insurance
- Whole life insurance
- Life insurance by Seniors
- Life insurance companies
- No medical life insurance
- Mortgage life insurance
- Types of life insurance
Travel Insurance
- Travel insurance quotes
- Trip cancellation insurance
- Critical illness insurance
- Super Visa insurance
- Disability insurance
- Senior travel insurance
- Canadian visitor travel insurance
- Working holiday insurance
Other Insurance
- Business insurance
- Event insurance
- Insurance brokers
- Rental car insurance
Ratehub Canada Fees
Ratehub Canada provides you with the different prices offered by Canadian institutions on various financial products to compare rates and prices. However, the Ratehub Canada platform and its services are free to use. Ratehub does not charge any fee to use its financial calculators or access the platform’s resources and analysis.
Ease of Use
The Ratehub Canada platform is accessible on any internet-enabled web or mobile browser. The easy-to-use web platform is available in both English and French language. Apart from the comparison and analytical tools and services, you can also access the blog and podcast to get insight into smart financial decision making.
Editor’s Review
Ratehub Canada is a one-stop-shop to get the best rate comparison on insurance, mortgage, investment, savings and chequing, and credit cards from Canada’s top providers.
