6:37 pm
Here are the terms for cashable term deposits:
https://www.citizensbank.ca/Personal/Products/TermDeposits/CashableTermDeposit/
Basically - you need to leave it in for a minimum of 30 days; after that you can redeem when you need to.
The new rate is 4.30%
https://www.citizensbank.ca/Personal/Products/TermDeposits/Rates/?id=homepageB
10:46 pm
Unfortunately, their rates just fell. I got my scholarship from school just a couple of days too late it seems. I was going to park it into the cashable term deposit, but now the rate is only 4.00%. The non-redeemable also fell from 4.65% to 4.35%.
I've really wanted to move all my money over to Citzens, but their Ultimate Savings account isn't even 4%. I guess I'm sticking with my HSBC Direct account at 4.25% for now.
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