Should you get that promo rate? Check out the fine print first.

The article from MoneySense discusses the importance of understanding the fine print before opening a new bank account with a promotional offer. It highlights the temporary nature of promotional rates, the conditions required to qualify for them, and the potential fees associated with the account. The article also introduces EQ Bank as an alternative with high interest rates, no temporary promotions, and no fees for everyday banking. It emphasizes the importance of considering lasting high rates and benefits when choosing a bank account. [Extracted from the article]