Are you immigrating to Canada as a permanent or temporary resident, international student, refugee, or asylum seeker?
Whatever your situation, moving countries can be a great opportunity, but it also comes with its challenges. You can count on our help to simplify your transition to Canada.
Debit cards are a payment tool that allows you to make transactions
and purchases by taking money directly from your bank account.
Credit cards are another payment tool that allows you to make transactions. However, it gives you access to credit that you will have to pay off when you receive your monthly statement.
Read our article to learn more about these two cards.
When you use your credit card to pay for everyday purchases and pay
it off in part or in full by the due date, you
help build your credit report.
Your credit report could then be consulted, with your approval, before granting you financing for a car or before signing a lease, for example. If you manage your credit well, lenders will be more inclined to give you financing products for your projects.