BMO is placed in B tier, offering competitive ETFs like ZSP and credit cards for food and groceries, though its starter checking account has a minimum balance requirement to avoid fees.
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The creator provides a tier list ranking of Canadian banks and financial services, placing Scotiabank in A...
Jul 14, 2026
The creator provides a tier list ranking of Canadian banks and financial services, placing Scotiabank in A tier for its rewards and high-interest savings accounts, National Bank and Tangerine in B tier for their services and promotional offers, BMO in B tier for its competitive ETFs and credit cards, and CIBC in C tier. Koho is placed in D tier as an option for building credit but lacking key features.
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National Bank is placed in B tier, noted as Canada's sixth-largest bank after acquiring CWB, and offers zero commission trades on its direct brokerage.
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