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Can PC Financial Get Any Lower?
I am actually very surprised to see this interest rate drop from PC financial. As you can see, it is now at 1.65%: I’m surprised as while the previous figure was pretty low, this financial institution usually clamors its no fee banking plans while offering a high interest rate. Here, this is one of the…
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Dual Bank Interest Rate Drop
This was kind of a coincident I thought as both CIBC and RBC appears to have dropped its TFSA interest rate to 1.75% as you can see here: Again, this always makes me wonder if there is some kind of behind the scenes talk ahead of time where the banks collaborate with each other to…
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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.
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Extremely New Low PC Financial Rate
You talk about a drop in interest rate. I was checking the interest rate today and it has fallen to a whopping 1.85% as you can see here: It is pretty unbelievable and how fast the rates has dropped for PC financial considering they started as one of the highest at 3.75%. If I’m not…
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CIBC TFSA Rate Lowers
So it looks like CIBC took a hit today as its tax free savings account interest rate fell. Not surprisingly, it has dropped to the widely adopted figure of 2.25% as you can see here: It’s almost like all the big banks have a discussion with each other ahead of time to determine a universal…
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TFSA Contribution Room Question
I got a message from Matty recently who sent in the following question: I’ve heard conflicting replies to the following question. Does your contribution room accumulate in years where you have not yet opened a TFSA account? For example, if I don’t open an account until 2010, will I have $10,000 in contribution room (from…
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ING Direct TFSA Interest Rate Drop
ING Direct definitely had one of the higher interest offerings at 3% initially and just recently the rate has been reduced to 2.3% as you can see here: The rate is still higher than most other financial intuitions I suppose which is the good thing as a lot of other banks seemed to have adopted…