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).
New check
Comparison
Rates vs NerdWallet
Rates and NerdWallet both land on Worth it.
NerdWallet
Worth it
Confidence: Medium
Use it if you want a free Mint-style money tracker plus card, loan, and savings comparisons.
| Compare | Rates | NerdWallet |
|---|---|---|
| Verdict | Worth it | Worth it |
| Best for | Canadians comparing mortgage rates | Mint refugees wanting a free tracker |
| Who it's not for | US borrowers . Bankrate or NerdWallet fit better | Power budgeters needing envelope or zero-based control . use YNAB |
| Privacy | No known public vulnerabilities found in the sources reviewed.² | No known public vulnerabilities found in the sources reviewed.15 |
| Support quality | No evidence in reviewed sources | BBB complaint history; churn threads exist |
| Public sentiment | Public feedback is sparse: has a Trustpilot profile, while Reddit mortgage shoppers report advertised rates rarely match actual offers.¹ | Reddit users broadly call it a trustworthy free Mint replacement, while a minority complain about advice quality and the web experience.⁷ |
| Biggest gotcha | Advertised rates frequently differ from what lenders actually offer you³ | It is free because card issuers and lenders pay for referrals and placement. |
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
Pick NerdWallet when
- Mint refugees wanting a free tracker
- First-time credit card shoppers
- Casual budgeters
- Credit score watchers
When NerdWallet is not a fit
- Power budgeters needing envelope or zero-based control . use YNAB
- Businesses shopping for software . this is consumer-only, not B2B
- Anyone wanting commission-free product advice
- People unwilling to link bank accounts to a third party
Sources
- Rates.ca Reviews | Read Customer Service Reviews of rates.caca.trustpilot.comreview
- Product security pagerates.caofficial
review
- r/Mortgagesreddit.comreview
official
- Compare Today's Mortgage Interest Ratesnerdwallet.comofficial
- NerdWallet Reviews: Written By Customers . ConsumerAffairsconsumeraffairs.comreview
- NerdWallet Reviews . Trustpilot (3,543 reviews)trustpilot.comreview
- I'm done with Nerdwallet . myFICO Forumsficoforums.myfico.comreview
- NerdWallet BBB Complaintsbbb.orgreview
review
- NerdWallet Alternatives . Product Huntproducthunt.comreview
- How Secure is NerdWallet?nerdwallet.comsecurity
- NerdWallet Security Rating . UpGuardupguard.comsecurity