Open Vs Closed Mortgages: What’s The Difference? - Money We …
WEBApr 24, 2023 · Interest rate – Closed mortgages have lower mortgage rates compared to open mortgages. Term length – You can get a longer term of up to 10 years with closed mortgages. Open mortgages are typically capped at five-year terms. Refinancing options – Refinancing and renegotiating can be done at any time for open mortgages with no fees.
RRSP Withdrawal Rules: What You Need To Know - Money We Have
WEBNov 11, 2022 · The current tax rates on RRSP withdrawals are: Up to $5,000 withdrawn – 10% (5% in Quebec) $5,001 to $15,000 withdrawn – (10% in Quebec) $15,001+ withdrawn (15% in Quebec) Non-residents of Canada must pay a flat withholding tax rate of 25% on any withdrawals.
BMO Rewards Guide | How to maximize your points - Money We …
WEBJan 20, 2024 · BMO Rewards allows you to redeem your points for a statement credit which is basically cash. For every 15,000 BMO Rewards points, you get a $50 cash credit. You can redeem in increments of 15,000 points so 45,000 BMO Rewards points would be worth $150. That means your points are worth .33 cents when going this route.
How to Transfer Your TFSA to Another Financial Institution
WEBApr 23, 2022 · How to transfer your TFSA. Before you transfer your TFSA, you need to set up a new TFSA account at another financial institution. Many people choose to go with a robo advisor such as JustWealth, Wealthsimple or RBC InvestEase since they offer low fee automated investing. Alternatively, those going the DIY investor route will open an account with a direct brokerage.
What to do if you’re a victim of e-transfer fraud - Money We Have
WEBAug 8, 2022 · Your bank will immediately open up an investigation and look into your bank accounts. If you don’t contact your bank immediately, you could become a victim again the following day. E-transfers have a daily limit of $3,000 (this can vary depending on the bank). If thieves could get that money once, they’ll try again the next day.
Home Trust Preferred Visa Review - Money We Have
WEBJan 1, 2024 · The Home Trust Preferred Visa does not charge that fee at all so you’re always getting the lowest rate possible for your purchase. Plus, you earn 1% cash back on all your purchases made in Canada, so you’re coming out ahead. Admittedly, the cash back earn rate isn’t that high at just 1% on all purchases. However, this is a no fee card, so ...
The Best Dubai Itinerary for 5 Days - Money We Have
WEBOct 24, 2022 · Day 5 – Wrap things up. 5 days in Dubai will fly by so use your last day to wrap things up. Go and have a nice meal by the water or finish shopping at The Dubai Mall. If there’s an attraction you’ve missed, now is the time to do it. Some people will even do some extreme events such as Skydiving or taking a helicopter ride.
TurboTax Live Full Service Review - Money We Have
WEBFeb 19, 2021 · If this is the case, then TurboTax Live Full Service might be a great option for you. You can’t go wrong with having a personalized tax expert do the work and answer your questions. Plus, the price point of $129.99 is really reasonable. I hope you enjoyed my TurboTax Live Full Service review.
What Is A GIC? A Guide to Guaranteed Investment Certificates (GICs)
WEBJun 23, 2022 · A Guaranteed Investment Certificates (GIC) is an investment product that is very safe. There’s absolutely no chance that you’ll lose money on your principal (original investment), that’s why they’re attractive to investors. However, since the returns are guaranteed, the best GIC rates in Canada are typically low.
TD Rewards Guide | How to maximize your points - Money We Have
WEBMay 16, 2023 · Earn 20,000 TD Rewards points after your first purchase. 115,000 additional points when you spend $5,000 in the first 180 days. Annual $100 travel credit (accommodations & vacation packages) Birthday bonus of up to 10,000 points. Earn 8 points per $1 spent when you book on Expedia for TD.