LowestRates.ca
Depends
Confidence: Medium
A free, legitimate starting point for Canadians shopping car insurance, mortgages, or credit cards . if you tolerate broker follow-up and marketing emails.
New check
Comparison
LowestRates.ca vs Rates
LowestRates.ca lands on Depends, and Rates lands on Worth it.
Rates
Worth it
Confidence: Low
Canadian consumers shopping mortgage or insurance rates can use it free with little downside, though public evidence on rates.ca itself is thin (low confidence).
| Compare | LowestRates.ca | Rates |
|---|---|---|
| Verdict | Depends | Worth it |
| Best for | Canadians shopping car or home insurance | Canadians comparing mortgage rates |
| Who it's not for | Anyone unwilling to receive broker calls and marketing emails | US borrowers . Bankrate or NerdWallet fit better |
| Privacy | No known public vulnerabilities found in the sources reviewed. | No known public vulnerabilities found in the sources reviewed.12 |
| Support quality | Users cite unwanted marketing emails after use | No evidence in reviewed sources |
| Public sentiment | Reviews are mixed: many Canadians use it for quotes, while Reddit threads flag marketing emails and missing quotes for some drivers.⁴ | Public feedback is sparse: has a Trustpilot profile, while Reddit mortgage shoppers report advertised rates rarely match actual offers.11 |
| Biggest gotcha | Expect marketing emails after use; a Reddit PSA criticized its loan advertising emails⁷ | Advertised rates frequently differ from what lenders actually offer you13 |
Pick LowestRates.ca when
- Canadians shopping car or home insurance
- Mortgage rate browsers
- New G2 drivers comparing quotes
- Credit card rewards hunters
When LowestRates.ca is not a fit
- Anyone unwilling to receive broker calls and marketing emails
- Niche driver profiles . users report quotes not shown
- Non-Canadians . coverage is Canadian markets only
- Businesses . this is a consumer-only comparison site
Pick Rates when
- Canadians comparing mortgage rates
- Insurance and card rate shoppers
- First-time homebuyers exploring options
When Rates is not a fit
- US borrowers . Bankrate or NerdWallet fit better
- Anyone wanting a loan directly . it compares, it doesn't lend
- People needing personalized financial advice, not rate listings
Sources
- LowestRates.ca homepagelowestrates.caofficial
- About Us | LowestRates.calowestrates.caofficial
- Compare car insurance quotes for G2 drivers for freelowestrates.caofficial
- Trustpilot reviews of lowestrates.catrustpilot.comreview
review
review
news
security
- Rates.ca Reviews | Read Customer Service Reviews of rates.caca.trustpilot.comreview
- Product security pagerates.caofficial
- r/Mortgagesreddit.comreview
official
- Compare Today's Mortgage Interest Ratesnerdwallet.comofficial