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Smart eSavings interest rate increase 1.70%
June 13, 2022
6:42 pm
6:42 pm
JohnnyCash
Member
Members
Forum Posts: 364
Member Since:
April 21, 2022
April 21, 2022
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For those that bank with Bridgewater, can't be too many, the rate as June 14 is 1.70%. I only stumbled upon it as I was looking at the HISA chart and was curious about the bank.
https://bridgewaterbank.ca/savings/savings-accounts/rates-features/
June 13, 2022
8:13 pm
8:13 pm
AllanB
Member
Banned
Forum Posts: 200
Member Since:
April 18, 2022
April 18, 2022
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FIs seem to be getting away with low Hisa rates to slow their expense at the same time offering higher 2 3yr rates knowing investors won't bite as they wait for more rate increases. 6mths a year goes by they grinding down gic investors overall return. Central bank helpin them out by movin rates up slow.
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