Tax Free Savings Account

Author: TFSA

  • RBC TFSA Rate at 1.0%

    As of checking today the rate for RBC seems to be at the pretty common rate of 1%.

  • PC Financial Rate At 1.4%

    I was looking at the annual interest rate for PC Financial’s Tax free Interest Plus Savings Account and by the look of it the rate is currently sitting at 1.4%.  haven’t seen any special promotions as of yet even though it seems like a lot of the other big banks are gearing up for the…

  • CIBC Special 2% Interest Rate On New Balances

    Looks like CIBC is offering TFSA investors a 2% interest rate on new balances until March 31, 2014.  I must say though, that fee of $100 to transfer your funds from a different bank must make it very unappealing for anyone to switch if the goal of this promotion is to try and convince people…

  • Bank of Montreal Offering A Special 1.8% Interest Rate

    It appears that the Bank of Montreal is having a promotion where until March 31, 2014 they will be giving people an additional 0.8% interest rate on new funds deposited into the account.

  • Free $50 Fee Credit For Transferring Your TFSA To Ally

    I was just sent this e-mail about an offer from a financial institution called Ally. From what I read, they are offering TFSA account holders with other banks up to $50 to switch to them in order for you to recoup any transferring fees that your bank may charge for the switch. I suppose the…