The Well

Rachel Surman | Personal Finance,Blog

What’s New At Borrowell? A Roundup Of Our New Products And Features!

January 26, 2018

January is always an exciting month – but it’s been especially lively at Borrowell. 

A new year means a fresh start and that means taking control of your finances. Borrowell is here to help you do just that through credit report monitoring and our personalized financial product recommendations.

Speaking of product recommendations – we have introduced a ton of new financial products for Canadians that we wanted to share. Here’s our roundup to ensure you’re up to speed on the latest and greatest products. 

1. Free credit report monitoring

In case you didn’t hear, Borrowell has now launched free credit report monitoring! This means for the first time ever, Canadians can access their Equifax credit report at no cost to them. In a time of heightened concern about identity theft, monitoring your credit report is important, as it shows credit inquiries and newly opened accounts.

Making sure you’ve authorized these inquiries and newly opened accounts is key to protecting yourself against suspicious activity.

Haven’t got your credit score or credit report yet? Get yours here.

2. *NEW* credit cards!

We’re excited to share we’ve added some awesome new credit cards to our recommendations page, so we’ve highlighted just a few. If you want to see our full list of credit cards to find the best one to suit your needs, or other financial products tailored to you, get your credit score for free and check out our recommendations page.

SCENE ® Visa*

Do you love movies? If yes, you’ll love the SCENE Visa®. Here’s why.

  • You’ll earn 1 SCENE point for every $1 you spend on credit card purchases.
  • You’ll also earn 5 SCENE points for every $1 you spend on SCENE Visa purchases at Cineplex Entertainment or online.
  • On all your other credit card purchases, you’ll earn 1 SCENE point for every $1 you spend. 

Home Trust Preferred Visa*

If you’re looking for a cash-back credit card with no annual fee, the Home Trust Preferred Visa may be a perfect choice.

  • Earn 1% cash back with every purchase, with NO limit on the amount you can earn.
  • For all you travel bugs: enjoy 0% foreign currency conversion charge on purchases abroad.
  • Last but not least, this card has no annual fee.

3. Insurance Options

Whether it be for your home or car, insurance is important. It’s not a “nice to have” in Canada – it’s a must-have if you want peace of mind. That’s why we’re pleased to now offer insurance options from our trusted partners, Sonnet and Square One.

Sonnet Insurance

Sonnet Insurance is Canada’s 100% online home and auto insurance company. It uses data and analytics to offer customized coverage at a competitive price.

Sonnet offers home, auto, car, tenant and landlord insurance, making it super easy to bundle your insurance and save.

Square One Insurance

Square One offers personalized home insurance for as little as $15/month. Since 2011, Square One has been shaking up the insurance industry by taking into account your individual circumstances, allowing it to offer cheaper policies that cover only what you need.

Square One Insurance offers house insurance, townhome insurance, condo insurance, and tenant insurance.

That’s our roundup of new financial products and features! But we’re constantly adding new partners, so check back to our recommendations page sooner rather than later. 

Have you got your credit score and report from Borrowell? Get yours here.