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ING Direct TFSA Rate To One Point Five Percent
I know on the ING Direct TFSA site the rate appeared to have dropped for about a month now, but I was hearing mixed stories about how some people were still getting the 3% rate. Thanks to some readers I guess this confirms that everyone is getting a 1.5% rate now.
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RBC TFSA Interest Rate Drop
This one was to surprising to me as I expected the bigger banks to drop its interest rates sooner or later. I guess you can add RBC to the mix as its new rate is 2.25% compared to its original 2.5% The rate is kind of interesting as it is in-line with Outlook Financial’s change…
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Outlook Financial TFSA Interest Rate Drop
Looks like this financial institution has recently had a significant drop in its interest rate. Outlook Financial originally had a pretty high 2.8% offering and as you can see here that has dropped to 2.25%. That’s a loss of 0.55%. This is the first credit union I have seen where the interest rate has taken…
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Scotiabank Fast TFSA Interest Rate Drop
If you ever wanted an example of a very fast interest rate drop and how they can change at anytime, I guess Scotiabank is a good example of that. It has been a little over a week since I posted about its initial interest rate increase from 1.75% to 2.6%. Just today, I was told…
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CIBC TFSA Interest Rate Drop
I was alerted that CIBC has just recently dropped its interest rate for its “CIBC TFSA Tax Advantage Savings Account” by 0.5%. Originally it was 3% and as you can see today it is 2.5%: This bank definitely still has one of the highest transfer fees too at $100.
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PC Financial Lowers Its TFSA Interest Rate Again
This is getting a little silly I must say when it comes to the interest rate for PC Financial. Not too long ago I posted how they dropped its interest rate from 3.75% to 3.05%. Today, I discovered that it dropped yet again to 2.55% as you can see here: At this rate, I wouldn’t…
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PC Financial Drops Its TFSA Interest Rate
Wow, this happened way faster than I thought. As many may know, PC Financial’s TFSA interest rate was a fairly high 3.75%. Just recently though, I visited the site and discovered that the interest rate for its “Tax-Free Interest Plus” plan has been dropped to 3.05% as you can see in this screenshot: I suppose…