Based on our extensive research, RBC InvestEase is the top robo-advisor service offered by the big banks in Canada. It also compares favourably against the best robo-advisors in Canada in terms of fees, investment options, and design. RBC InvestEase is a clear winner for investors who want to save on fees but also want to keep their portfolio with a big bank.
Wealthsimple Trade is the best commission-free trading platform in Canada and the only discount brokerage in Canada where you can buy and sell stocks, ETFs, and cryptocurrency (with Wealthsimple Crypto) for free. Clients can open an RRSP, TFSA, or non-registered (taxable) account without paying any fees. This online brokerage offers a seamless sign-up process and intuitive UX and has no account fees, minimums, or paperwork. It’s best suited for fee-conscious investors with basic trading needs.
KOHO Premium is the upgraded version of KOHO -- a pre-paid, reloadable card and integrated app that gives real-time insights into your daily spending. It functions like a chequing account but with the benefits of a rewards credit card. With KOHO Premium, you pay an annual fee of $84 (or $9/month) but get perks in return, including up to 2% cash back on purchases and no foreign transaction charges. Learn more about the benefits of the KOHO Premium Card and get advice on when to upgrade from KOHO Visa.
KOHO Visa is a free pre-paid, reloadable card and integrated app that gives real-time insights into your daily spending. This no-fee card functions like a chequing account but with the benefits of a credit card, even giving you cash back on all your purchases. Learn whether the KOHO card is right for you.