The Well

piggy bank savings account

How Does Interest On A Savings Account Work?

Happy Financial Literacy Month! As you may know – we’re answering questions that our customers asked about personal finance and building credit. Our goal at Borrowell is to help Canadians make great decisions about credit and improve their financial well-being through… Read More

Rachel Surman

November 23, 2017

Blog
secured credit cards

How Does A Secured Credit Card Work?

Did you know November is Financial Literacy Month? A part of Borrowell’s mission is to help Canadians improve their financial well-being, so for us, every month is Financial Literacy Month! Our goal is to help Canadians make great decisions about… Read More

Rachel Surman

November 16, 2017

Blog
Wallet

The Best Rewards Credit Cards Of 2017 In Canada

Rewards credit cards are a very popular type of credit card in Canada because Canadians love rewards! If you’re going to spend on everyday purchases anyway, you might as well be rewarded for it. There are various types of rewards… Read More

Rachel Surman

November 10, 2017

Blog
Canadian Cash

The Best Cash-Back Credit Cards of 2017 In Canada

Cash-back credit cards are a great type of credit card because they are incredibly easy to use and understand. Rewards cards and travel are a good choice if you’re saving up for something specific, but the various rewards programs can… Read More

Rachel Surman

November 9, 2017

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deloitte fast 50

Borrowell Named One Of Eleven Companies-to-Watch In Canada

Borrowell received a Companies-to-Watch award as part of the Deloitte Technology Fast 50 Program! The program recognizes early-stage companies with strong growth potential. Borrowell is one of eleven companies across Canada to win the award this year – and is… Read More

Rachel Surman

November 9, 2017

Blog
Travel Credit Cards

The Best Travel Credit Cards of 2017 In Canada

Travel credit cards can make your plans to see the world a lot easier. If you’re new to travel credit cards, it’s a type of card that allows you to earn points towards flights and free hotel stays through various rewards… Read More

Rachel Surman

November 8, 2017

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Low-interest credit cards

The Best Low Interest Credit Cards Of 2017 In Canada

Have you ever planned to be in credit card debt? We’re assuming the answer is probably no. But the fact is, credit card debt has become a Canadian epidemic – with more than half of us carrying a balance on our credit cards… Read More

Rachel Surman

November 2, 2017

Blog
Credit Monitoring

3 Reasons Why You Should Monitor Your Credit Score

Knowing your credit score is important. But what’s even more important than simply knowing your score? Monitoring your credit score over time! Our data shows that Borrowell customers who frequently monitor their credit score actually improve their score by more… Read More

Rachel Surman

October 25, 2017

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Interest Rate

Bank of Canada Keeps Interest Rate At 1%: What You Need To Know

The Bank of Canada (BoC) kept its trendsetting interest rate at 1% on Wednesday, following two straight hikes in July and September. This rate, called the “Overnight Rate,” is what dictates the prime consumer lending rates of Canada’s “Big Five… Read More

Rachel Surman

October 25, 2017

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Pumpkin Spice Latte

Hold The Pumpkin Spice Latte! Here Are 5 Things To Do Instead

It’s fall. As you may know, this means “pumpkin everything” in Canada – especially at the local coffee shops! While we love a delicious cup of joe as much as anyone, the price of a Tall Pumpkin Spice Latte at Starbucks… Read More

Rachel Surman

October 16, 2017

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