Where is the highest "Savings Account" interest rate you found offered?
09-Mar-2008, 11:39 AM
#1
Where is the highest "Savings Account" interest rate you found offered?
Where is the highest "Savings Account" interest rate you found offered?
Im only getting 2.75% @ TD CanadatTrust, but so far HSBC is the highest at 4.75%.
Does anyone know of some higher places?
http://www.hsbcdirect.ca/1/2/3/en/ho...onal_ChqSav_EN
Im only getting 2.75% @ TD CanadatTrust, but so far HSBC is the highest at 4.75%.
Does anyone know of some higher places?
http://www.hsbcdirect.ca/1/2/3/en/ho...onal_ChqSav_EN
09-Mar-2008, 12:25 PM
#3
Senior Member
Join Date: Sep 2007
Posts: 782
I'm pretty sure the HSBC 4.75% is a limited time deal and then the interest rate drops back down to 3.7%..
ingdirect you can get up to 4%..
pcfinancial you can get up to 3.75% + bonus rates for the amount of time and how much you have in the account
those are the highest I've seen..
ingdirect you can get up to 4%..
pcfinancial you can get up to 3.75% + bonus rates for the amount of time and how much you have in the account
those are the highest I've seen..
Last edited by RDub; 09-Mar-2008 at 12:29 PM.
09-Mar-2008, 12:30 PM
#4
Senior Member
Join Date: Aug 2003
Posts: 15,801
Scotia's Money Master currently is at 2.75% as of March 5. It was at 3.5% from September to January though. (Its instant access to your funds, 24/7.)
Id rather have the convince of being able to transfer instantly at any time and being able to deal with any problems in person, than have to wait 24 hours or longer at other financial institution (PC Financial, ING, etc..). If you have a larger balance, I would suggest a GIC, or a MF; primarily something more aggressive, making the most out of your money.
Id rather have the convince of being able to transfer instantly at any time and being able to deal with any problems in person, than have to wait 24 hours or longer at other financial institution (PC Financial, ING, etc..). If you have a larger balance, I would suggest a GIC, or a MF; primarily something more aggressive, making the most out of your money.
Last edited by Notorious; 09-Mar-2008 at 12:33 PM.
09-Mar-2008, 05:32 PM
#5
Mutual Funds and GIC arent guaranteed !
Well having $150,000 cash to play with, what would you do with it ?
Since the rates are low now, compared to the 1980's (10-12%)....I think property is the best investment..
Well having $150,000 cash to play with, what would you do with it ?
Since the rates are low now, compared to the 1980's (10-12%)....I think property is the best investment..
09-Mar-2008, 08:14 PM
#8
Senior Member
Join Date: Sep 2007
Posts: 431
yea property would be good if u had that much laying around.. or you could buy up some mint crx's ? start up a museum
09-Mar-2008, 09:42 PM
#9
Senior Member
Join Date: Aug 2003
Posts: 15,801
Robb if you have that much lying around, property would be smart. GIC's are guaranteed, but you lock your funds away for a period.
10-Mar-2008, 12:54 PM
#12
Senior Member
Join Date: Sep 2007
Posts: 667
^ ding ding.
What a stupid as$ thread though.
Every major financial institution in this country has there high interest rate savings a/c rates posted on there website. Keep in mind there is only 6 schedule 1 banks in Canada. Some of the schedule 2 and 3 banks such as HSBC and ING also have their's posted on their websites.
The amount of time if took you to write the intro post to this thread you could have look at 3 banks websites at least and found the information you asked for.
If anything the question you should be asking is which bank has the highest rate and offers the most movement without fees (even though that's almost always posted on the websites as well)
What a stupid as$ thread though.
Every major financial institution in this country has there high interest rate savings a/c rates posted on there website. Keep in mind there is only 6 schedule 1 banks in Canada. Some of the schedule 2 and 3 banks such as HSBC and ING also have their's posted on their websites.
The amount of time if took you to write the intro post to this thread you could have look at 3 banks websites at least and found the information you asked for.
If anything the question you should be asking is which bank has the highest rate and offers the most movement without fees (even though that's almost always posted on the websites as well)
10-Mar-2008, 01:40 PM
#13
Senior Member
Join Date: Dec 2003
Posts: 23,881
^ ding ding.
What a stupid as$ thread though.
Every major financial institution in this country has there high interest rate savings a/c rates posted on there website. Keep in mind there is only 6 schedule 1 banks in Canada. Some of the schedule 2 and 3 banks such as HSBC and ING also have their's posted on their websites.
The amount of time if took you to write the intro post to this thread you could have look at 3 banks websites at least and found the information you asked for.
If anything the question you should be asking is which bank has the highest rate and offers the most movement without fees (even though that's almost always posted on the websites as well)
What a stupid as$ thread though.
Every major financial institution in this country has there high interest rate savings a/c rates posted on there website. Keep in mind there is only 6 schedule 1 banks in Canada. Some of the schedule 2 and 3 banks such as HSBC and ING also have their's posted on their websites.
The amount of time if took you to write the intro post to this thread you could have look at 3 banks websites at least and found the information you asked for.
If anything the question you should be asking is which bank has the highest rate and offers the most movement without fees (even though that's almost always posted on the websites as well)
Thread
Thread Starter
Forum
Replies
Last Post
