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Best Bank for Medical Students & Residents (CANADA)

Hey Med Students! If you're watching this, first of all congratulations on your huge accomplishment! I remember when I first got into medical school I thought about what the best bank for medical students was in Canada! So to save you the hassle of going to all the banks (RBC, TD, CIBC, Scotiabank & BMO) I've put together this summary video which outlines the different offerings these banks have for medical students/residents. Make sure to watch the section on how a line of credit actually works as I remember my medical student line of credit was the first time I had ever come across this product! Hope this is helpful! 💰 Subscribe to my personal finance e-mail newsletter! 💰 https://subscribepage.io/jBgGaZ 🔴Subscribe for more videos🔴    / @darrenchaimd   🕒 Timestamps 🕒 0:00 Intro & Outline 1:11 How does a line of credit work? 3:39 Borrowing to invest 5:42 Comparing lines of credit 10:18 Comparing chequing accounts 11:15 Comparing credit cards 12:36 Number 5 credit card 14:00 Number 4 credit card 14:53 Number 3 credit card 16:05 Number 2 credit card 17:39 Number 1 credit card 19:15 Mixing different banks ✅ Let's Connect ✅ 🐦Twitter: ChaiTeaDarren 🟦LinkedIn: www.linkedin.com/in/darren-chai-476186153/ DISCLAIMER: This account is not affiliated with McMaster University, St. Joseph's Healthcare Hamilton, Hamilton Health Sciences or any other educational/healthcare institution. The opinions expressed in this video do not necessarily represent those of the aforementioned institutions. This video does not constitute financial advice and none of the speakers in this video are licensed financial advisors. This video is intended for educational and/or entertainment purposes only. Banks do sometimes have offers for residents and medical students that are not directly advertised on their website. For the most up-to-date information on your bank's medical student/resident offerings please consult their website and/or visit a branch in person.