The Lodavo Blog
Saving tips, prize-linked savings explained, and the latest from Lodavo.
Lodavo Is Live: Canada's First Prize-Linked Savings App Launches on iOS and Android
Lodavo, Canada's first prize-linked savings app, is now on the App Store and Google Play. Save money, earn tickets, and win up to $10,000 in free weekly draws.
Acorns alternatives in Canada (2026): 4 apps compared
Acorns is open to US residents only. Compare the best Acorns alternatives in Canada, Wealthsimple, Questwealth, KOHO and Lodavo, with a pick for each goal.
Is Savings Account Interest Taxable in Canada? (2026)
Yes, and there's no tax-free amount. What savings account interest actually costs you in 2026, the $50 T5 myth, and how to stop paying tax on it.
How to Switch Banks in Canada Without Missing a Payment
How to switch banks in Canada without a bounced payment: what to move first, what it costs, and exactly when your old account is safe to close.
CIBC alternatives in Canada (2026): 4 honest picks
Looking for a CIBC alternative? Compare Simplii, EQ Bank, Wealthsimple and Lodavo on fees, savings rates and CDIC coverage, with an honest pick for each goal.
How Much Do Canadians Lose Gambling? The Real Numbers
Ontario's regulator publishes what online gamblers actually lose: about $304 a month per active account. The figure most articles quote is from 1998.
BMO alternatives in Canada (2026): 4 options compared
Looking for a BMO alternative? Compare EQ Bank, Tangerine, Wealthsimple and Lodavo on fees, savings rates and fit, with an honest pick for each goal.
Best cashback apps in Canada (2026): what each one really pays
The best cashback apps in Canada for 2026, compared on what earns you money and how you actually get paid. Two names other roundups still list are gone.
EQ Bank vs Wealthsimple (2026): which is better for your savings?
EQ Bank vs Wealthsimple, compared on the rate you actually keep. EQ Bank pays 2.75% with a direct deposit; Wealthsimple hits 2.25% only at $100,000 in assets.
Lodavo vs Borrowell: Your Credit Score and Your Savings
Lodavo vs Borrowell, compared honestly. Borrowell gives 4 million Canadians a free weekly Equifax score. Lodavo rewards your saving with a weekly cash draw.
