The financial consumer agency of canada did a study last fall on Canadians and their banking habits.
How do you compare?
60% of Canadians deal with only one bank for everything.
8% opened or tried to open a new account at a new financial institution last year
59% claimed that their total monthly service fees were less than $10
85% have a credit card; 58% had more than one credit card – 49% have one at a f.i. other than their primary f.i. ; 3.3 million got a new card last year; 45% carry a balance from month to month
46% used the internet for personal banking; 42% used only in-person traditional banking; 25% use telephone banking
6% claimed they had a serious problem with their institution last year = 1.4 million canadians
60% said they find most information about financial matters hard to understand
What are your banking habits? One institution only? How much do you pay in fees?