About this blog
My Rate Compass is an online credit card comparison and credit card ranking resource. We help Canadian consumers evaluate and understand their options to make informed decisions when choosing a credit card.
My Rate Compass is a one-stop shop for selecting the best Canadian credit cards. We offer objective and valuable information to help you search, compare, choose, and apply for credit cards.
We analyze over 200 credit cards with our comparison engine, assess the features and benefits with an unbiased lens to create clarity and help our readers choose the best credit cards that suit their needs.
We have recently expanded our range of financial product reviews and now provide savings accounts, chequing accounts and loan comparisons.
My name is Mohamed Konate, I am the founder of My Rate Compass, based out of Toronto.
I hold a Bachelor in Business Administration from the University of Quebec in Montreal, a Master in International Business from the University of Sherbrooke in Quebec, a certificate in project management from the University of Toronto and a Marketing Strategy diploma from Cornell University.
I started this blog to share my passion for personal finance which was sparked at a young age. My mom, a former bank executive with nearly 30 years of experience in banking instilled in me the importance of financial literacy and money management.
I am a former financial service professional and marketing consultant. Additionally, I worked for many years at several major Canadian financial institutions where I managed the marketing strategy around various financial products ranging from credit cards to lines of credit.
How the site got launched
Throughout the years working in the financial services industry many of the people in my network often asked me questions related to choosing or selecting the best credit cards.
I reflected and observed that what they were truly seeking was objective and unbiased advice to either assess their current credit card(s) or decide on which one to get next based on their needs.
This was the beginning of the journey that led to writing the Canadian Credit Card Guidebook followed by the launch of this blog in 2019. My banking experience has provided me a lot of knowledge and insight that I would like to share with our readers.
Our mission is to help consumers make the most informed financial decisions and take control of their finances through financial literacy. We offer a credit card payment calculator and resources to inform, educate, and empower people to choose the best financial products and services. We are a financial technology company that aims to provide clarity to consumers with the best personal financial planning advice online.