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Email this5:06 am
April 7, 2016
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Effective today EQ Savings rate is 2.45%
Yippi!!!!
6:04 am
September 30, 2017
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And thereby distinguished itself from CDIC peers like Oaken & Wealth One 
6:48 am
January 15, 2014
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Interesting, wealth simple announced a new bank account with savings at 2.4% - seems like there is some welcome competition going on!
7:30 am
December 26, 2018
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Still no match with
Lbc 3.30%
Motive 2.80%
Simplii 2.80%
Tangerine 2.75%
7:50 am
December 15, 2016
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Canadianbull said
Still no match with
Lbc 3.30%
Motive 2.80%
Simplii 2.80%
Tangerine 2.75%
FYI, Tangerine's base rate is 1.05%, not 2.75.
7:54 am
March 15, 2019
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Tangerine has an offer I am using till the end of January 2020 @ 2.75%. After that not sure what Tangerine may be offering.
8:57 am
December 26, 2018
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Righand said
FYI, Tangerine's base rate is 1.05%, not 2.75.
I hear you. You need to negotiate for better rate.
9:11 am
October 29, 2017
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That’s great, it feels like EQ has been 2.3% for ever.
10:16 am
October 27, 2013
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The EQ rate is a direct response to WealthSimple's new 2.4% account. I am pleased as well but surprised given yesterday's dovish stance by Carney AND the collapse of the bond yield curve (5 and 10 year now about 1.45%). I am guessing all rates could be down somewhat before the end of the summer.
10:36 am
September 7, 2018
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AltaRed said
The EQ rate is a direct response to WealthSimple's new 2.4% account. I am pleased as well but surprised given yesterday's dovish stance by Carney AND the collapse of the bond yield curve (5 and 10 year now about 1.45%). I am guessing all rates could be down somewhat before the end of the summer.
Not sure if there is an account balance limit at Wealthsimple but remember EQ has an account balance limit of $200K which is not overly high. Motive's savvy saving account balance limit is $1M at least for the 2.8% rate.
11:23 am
October 27, 2013
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If it matters to a select few.
3:37 pm
July 10, 2011
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The account that gives you more now gives you even more! We’re excited to announce an increase in your interest rate—say hello to 2.45% everyday interest*.
This rate increase comes into effect today, and is applied automatically to your account.
So not only will you earn even more on every dollar, you still get to take advantage of the same great features of your Savings Plus Account, like:
Free and unlimited Interac e-Transfers®1
Cheap international money transfers
Unlimited transactions
Direct deposit
Free and unlimited bill payments
That means depositing cheques, paying bills, and moving money—while growing more of your money!And since EQ Bank is a trademark of Equitable Bank, a federally-regulated member of Canada Deposit Insurance Corporation, your funds are eligible for deposit insurance from CDIC, as always.
Happy (even more) saving,
EQ Bank
Money Well Banked®
I'm going to move out of tangerine shortly.. maybe I will get lucky and get another promo offer..
4:00 pm
April 28, 2017
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3oakwest said
Effective today EQ Savings rate is 2.45%Yippi!!!!
...and their 1-yr GIC remains at 2.40 %
4:36 pm
January 3, 2013
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This is amazing. I just got the email too. Love EQ!
For those comparing EQ with others with higher special rates, I don't think it is the good way of comparing a permenant rate with temporary ones.
4:54 pm
January 12, 2019
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Yatti420 said
I'm going to move out of tangerine shortly.. maybe I will get lucky and get another promo offer..
Another member of the Stampede, making the 'Grand Exit' from Tangerine.
You're not alone❗
.
Save2Retire@55 said
This is amazing. I just got the email too. Love EQ!
For those comparing EQ with others with higher special rates, I don't think it is the good way of comparing a permanent rate with temporary ones.
Yup ... I don't pay much attention to those short-term 'bait' rates either.
But some here do. LOL 
" Live Long, Healthy ... And Prosper! "
7:13 pm
April 20, 2019
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This is great news!
9:15 am
October 29, 2017
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ReX said
...and their 1-yr GIC remains at 2.40 %
Yeah, I really want that 2 year GIC at 2.45% because I love to lock my money away.
9:55 am
April 28, 2017
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Vatox said
Yeah, I really want that 2 year GIC at 2.45% because I love to lock my money away.
If they smarten up and raise 1-yr GIC to 3%, I will stay locking in. Otherwise, I am all set to migrate to Peoples Trust on maturity.
Keep in mind that December inflation rate got pegged at 2.2% citing rise in food and gasoline prices (long live carbon tax!). Your after tax interest payout is not enough to maintain the value of your investment, let alone register any gain.
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