Money guides
Plain answers to everyday money questions in Canada. Every guide links its sources and shows the date we last checked them.
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Newest guides
- What is a good credit score in Canada? In Canada, a credit score of 660 or higher is generally seen as good, on a scale of 300 to 900. Credit score Checked Nov 9, 2026
- How credit card interest works in Canada Your bank turns your card's yearly rate into a daily rate and charges it on what you owe each day, then adds it to your statement once a month. Credit cards Checked Nov 9, 2026
- Statement balance vs current balance: which one should you pay? Pay your statement balance in full by the due date and you pay no interest on those purchases. Credit cards Checked Nov 9, 2026
Tools that do the math
Mr. Loonie’s tip Set your card to pay the statement balance automatically. You never pay interest and you never miss a due date.
Guides never rank cards. When a guide names a card, the numbers come from the same math as the cards list.