new offer of 4.8% on new HISA deposits | Coast Capital Savings | Discussion forum

I received an email from Coast offering a bonus rate of 3.55% to new HISA deposits to Nov. 30, on top of their regular 1.25% rate, for a total of 4.8%. The email was a bit ambiguous, but I called them and they confirmed the 4.8% rate. This might be a targeted offer. Better rates elsewhere, to be sure.

"With market uncertainties and a higher cost of living, having access to your money as it grows offers you both stability and flexibility when you need it most. That’s why we’re offering you an exclusive High-Interest Savings Account (HISA) bonus rate of 3.55%* on qualifying deposits‡* until November 30, 2024 in addition to the Regular Interest Rate of 1.25%† on your entire HISA balance.

This offer is only redeemable through Coast Online® or Coast Mobile Banking® until October 30, 2024. Your exclusive bonus rate will begin on the date you redeem the offer—so the sooner you redeem, the sooner you can start earning more interest on your savings. "