Quick Tips

Always pay your credit card bills on time! You’ll establish a history of good credit use, which can help you obtain loans and other credit products more easily in the future.

Tip! If you have spare money, put it into an RRSP. It’s never too early to start saving for retirement!

Tip!Know your credit history. You should order your credit report from the two credit reporting agencies in Canada: Equifax and TransUnion because they do not collect and report identical information. If you don’t request your information from both of them, you may not be viewing all of your financial history.

Tip! Check your credit card receipts against your monthly statement. Mistakes do happen — act immediately by notifying your card issuer if you spot an error or fraud.

Tip! To save on ABM fees, avoid using white-label ABMs (operated by private companies) or an ABM belonging to a bank other than your own.