Best bank to open an account (newcomer)

[saju_simon]

Best bank to start a bank account in 2023…

Things to consider :

Some context :

- Trying to avoid the hefty monthly charges.

- Will be transferring close to 80,000 CAD from dubai account

- Wife will need a supplementary card

- Cash back offers on credit cards

 

[jainashish20]

For newcomer CIBC, without any doubt.

 

[steaky]

For newcomer CIBC, without any doubt.

But CIBC will hold your online shopping and you will need to make the payment again. It's easier with other financial institutions.

 

[jainashish20]

I am using CIBC for 2 years now, never faced this kind of issue. Placed many orders on Amazon, Walmart, Instakart etc.

Can you please elaborate more to understand, why second payment required in online shopping?