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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…
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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…
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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…