Banking Basics for Newcomers

There are several smart ways to manage your money – from automating bill payments, managing credit cards, filing an annual tax return, and borrowing only what you need and can afford.

Bank Accounts Chequing and savings accounts are two common account types.
Cheques With a chequing account, you have the option of writing cheques to transfer money from your account.
Debit Cards Easy and convenient access to your bank account and a growing list of services.
Credit Cards Credit cards allow the cardholder to charge purchases rather than pay cash.
Credit Reports Building a good credit history will help you meet future financial goals.