Guest post by Bank Guru from BankNerd.ca, Canada’s Banking Information Source. You can Follow him on Twitter, Facebook or by Email Newsletter. Bank Guru talks about the Canadian banking world and how to save money by using a free budget template. Finding the best deal is important for everyone, and it is even more important for everyone here at Grocery Alerts. Finding the best financial products will make your life easier and more frugal!
Despite how many deals are out there, it is important that you take into consideration what is best for you. Do not get me wrong; there will always be a deal that is just too good for anyone to let, seeing as everyone can benefit from. One great example is the Free cup of Skinny Cow Ice Cream that is currently being offered to anyone who prints the coupon. This goes for everyone, especially your finances.
How does this relate to my finances?
With that said, take a look at your current chequing account; depending on what it is, you could be spending as much at $25 a month in bank fees to have that account.
For most people, they do not even use half the features being offered, which only means that they are paying for services that are not needed. One option you could take a look towards, is a no fee chequing account to be your main bank account.
A few that come to mind are ING Direct’s THRiVE Chequing Account and President Choice Financial No Fee Chequing Account. Both of these accounts offer exactly what many Canadians are looking for, and contain unlimited transactions, at no additional cost at all. The President Choice’s account even offers the account holder to earn PC Reward points for money spent at participating stores; in the end it will lead to the account holder earning some well deserved free groceries. Ultimately, regardless of which of these accounts you choose, you are able to benefit from having a chequing account and not having to pay a penny.
What kind of credit card would suit a heavy grocery shopper?
When selecting a credit card, it is important that you decide what is important to you. Are you looking for cash back rewards, or reward points that can be redeemed for merchandise or for travel? In my opinion, the best type of credit card rewards program that suits a heavy grocery shopper would have to be cash back rewards. The more you spend, the more money you see come back to you.
Remember, it is important you select a credit card that suits your needs; do not pay an annual fee for a credit card that offers features you will never use. A great example of this is the Capital One World Aspire MasterCard and Capital One Gold Aspire MasterCard. Both of these credit cards offer a great rewards program, but with many differences; to showcase what you need and what you do not need.