Brokerage investment savings accounts | General comparisons | Discussion forum

Thank you. Note also that some brokers have more than one offering with the same rates. For example, TD has the one on the chart above as well as TDB8155, TDB8157 & TDB8159, so it's possible to put $400K with TD and have it all CDIC insured, i.e. $100K in each. TDB8152 is another one, in $USD.

RBC is similar, offering RBF2010, 2020, 2030 & 2040 as separate investments with the same rate, and RBF2014 in $USD.

With today's 75 bp rate increase by the US Fed, the USD versions of the brokerage ISAs will be increasing from ~2.2% to ~2.8-2.9% over the next 10 days or so (I would think).

Ah well, TD was first out of the chute as usual, but only 2.7% for their USD ISA. I am hoping Scotia or someone else will go to 2.8% next week to prove me right.....

TDB-8152 $USD now pays 2.70%

Stephen

TD TDB8152 $USD is now 2.75%
BMO BMT124 $USD is now 2.75%

I can see the logic of these recently competitive rates, as the market declines proceed an increasing number of folks will be bailing out of equities and this helps keep their funds in their broker accounts. Maybe.

As reported in another forum, the Home Trust/Home Bank ISAs (in nominee name only) at certain brokerages now:
- 3.25% (Cl A) HOM100 and HOB100
- 3.5% (Cl F) HOM101 and HOB101

I don't know which ones. Some will prohibit the purchase of these due to competition with their own offerings. I suspect RBC DI and TD DI would be 2 that might prohibit it. Maybe BMO IL, CIBC IE and Scotia iTrade too. The rest may be less restrictive.

It would be interesting for people to report back IF they find one that does (for member interest).

but these ISAs are covered by CDIC, aren't they? I think we discussed this before.

Now this is interesting... the "in-nominee-name" deposit is CDIC covered, but is there a problem with the broker's cumulative coverage for all deposits capped?
RetirEd