Tag: tfas interest rate drop

  • 0.75% TFSA Interest Rate

    Not only is this the first time I have seen any TFSA Interest rate plan go under one percent, but what an odd combination of banks. PC Financial, RBC and CIBC have dropped its rates to 0.75% as you can see. Normally all the big banks would follow each other at the same time. I…

  • 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…

  • The Lowest TFSA Interest Rate of All Time

    Well, as of this day at least. And the award goes to…….. PC Financial. At an astonishing rate of 1.2% this is the lowest TFSA interest that I have ever seen as you can see here: I’m inclined to say that it is trivial to invest in a TFSA account with them with that low…

  • 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%.

  • 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…

  • 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…

  • 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?