Tag: tfsa interest rate

  • Scotiabank TFSA Interest Rate Increase Update

    I was just looking at the interest rate for Scotiabank and apparently the rate has gone up from 1.75% to 2.6% which was a please surprise as you can see here: I guess that makes the Scotia Tax-Free Savings Account go from one of the lowest interest rate to one of the higher ones now.…

  • 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.

  • 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…

  • TD Canada Increases Its TFSA Interest Rate

    This is one of the first banks that I have seen that actually increased its interest rate for its tax free savings account. TD bank definitely had one of the lowest interest rate overall and as you can see here they have upped its offering to 2.5%: While the rates are subject to change like…