-
CIBC Special 2% Interest Rate On New Balances
Looks like CIBC is offering TFSA investors a 2% interest rate on new balances until March 31, 2014. I must say though, that fee of $100 to transfer your funds from a different bank must make it very unappealing for anyone to switch if the goal of this promotion is to try and convince people…
-
Bank of Montreal Offering A Special 1.8% Interest Rate
It appears that the Bank of Montreal is having a promotion where until March 31, 2014 they will be giving people an additional 0.8% interest rate on new funds deposited into the account.
-
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.
-
Scotiabank TFSA Rate Increases To One And A Half Percent
This is a good update for Scotiabank TFSA customers as the rate climbed up to 1.5% While the highest rate initially was about 2%, this is a pretty good increase considering almost everyone else seems to be dropping its rates. This could be a sign that the bigger banks are going to increase its rates…
-
HSBC Rates Takes A Dip
Been awhile since anything really changed in the TFSA scene. HSBC’s TFSA rate fell by 0.2% not too long as you can see here: Guess it doesn’t really make too much of a difference, but a drop is a drop.
-
ING Direct TFSA Increase To 3%
Maybe this was a Canada day boost, but it’s nice to know that at least one financial institution has dramatically bumped up its tax free savings account interest rate. As you can see, ING Direct is now at 3% which makes it the highest. Maybe that is a good sign that others will increase their…
-
Citizens Bank TFSA Rate And Plan
Here is another bank added to the list. Citizens Bank is a division of Vancity and so it is not too surprising that the annual interest rate is virtually the same at 2.75% as you can see here: They are dubbing this plan as the “Tax-Free Ultimate Savings Account”. Since this a virtual banking option,…