Tax Free Savings Account

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  • The Same Triple Bank Drop

    Once again it looks like the big trio of BMO, CIBC and RBC have all dropped its rate to a similar figure at 1.25%. It was only about two weeks ago that I posted about the last drop too. That was pretty quick for a drop of 0.25%.

    April 26, 2009
  • TD Canada TFSA Interest Rate Drop

    I was just looking at the TFSA interest rate for TD Canada at it looks like it has slipped to a new low of 1.25% as you can see here: I know a lot of people were latching on to this one as it remained as one of the higher ones for awhile I believe…

    April 26, 2009
  • HSBC TFSA Interest Rate Slips Down

    It was inevitable that everyone’s rates dropped and I must say it took awhile for HSBC to drop its TFSA interest rates. It seems as though its highest offering now has shrunk to the 1.5% rate level. This is the bank with what I find the confusing plans still with its “TFSA High Rate Savings…

    April 13, 2009
  • BMO, RBC And CIBC Triple Interest Rate Drop

    Similar to last time how a bunch of banks appeared to have copied each other’s interest rate levels it seems like history repeats itself. The Bank of Montreal, Royal Bank and CIBC have all set its new tax free savings account rate at 1.5% : Again, it seems so artificially with these changes sometimes huh?

    April 13, 2009
  • Large ING Direct Interest Rate Dive

    You would think that the smaller financial institutions would consistently have the higher TFSA interest rates due to a lower overhead cost of the bank. I guess ING is an example on how when it comes to TFSA rates you just never know. As you can see, the rate has dropped to 1.7%. Kind of…

    April 12, 2009
  • 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…

    April 12, 2009
  • BC Dental TFSA Contest

    I recently saw on a tv commercial that the British Columbia Dental Association is holding a $1000 TFSA contest. By visiting its site, here is a little quiz that you can take at http://www.bcdental.org/quiz.php. The quiz is basically a true or false test about your dental health. After completing it, you can enter your contact…

    April 3, 2009
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Tax Free Savings Account

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