Tax Free Savings Account

Category: Scotiabank

  • Scotiabank Special TFSA Rate of 1.75%

    Since this is one of the larger banks in Canada I was expecting them to be offering a high interest rate promotion compared to the other banks. Its regular TFSA rate is currently sitting at 1%. It appears that until March 31, 2014 they are offering a 1.75% interest rate to any new TFSA funds…

  • Bank Wide Interest Rate Drops To One Percent

    I was checking a lot of the banks TFSA intrest rates today and it looks like interest rates have dropped throughout many of the banks to 1%. PC Financial, RBC, BMO, CIBC, Scotiabank and HSBC all seem to share the same rate now as you can see below: Although, for HSBC’s Direct TFSA it is…

  • Back To The Old Interest Rate

    Looks Scotiabank has finally dropped it’s rate back to the initial 1.75% rate as you can see here: I can’t see how the rates can continue to drop across all the banks after the next wave of drops I see as it’s almost at a point where you would think that it can only go…

  • Lower Scotiabank TFSA Rate

    Scotiabank has adjusted its TFSA interest rate to 2% as you can see here: Looks like the rate is getting closer and closer to the initial 1.75% rate. I’m actually surprised that banks aren’t holding out a little longer to maintain a better image to the customers.

  • Scotiabank TFSA Contest

    I’m not sure how I missed this before, but Scotiabank is holding a contest where everyday it is giving away $5000 through random draws. You can enter the contest at this page https://5000aday.scotiabank.com/ From what I see you don’t have to have a TFSA account with them initially to enter the contest. As well, the…