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Email this7:35 am
April 6, 2013
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Since last update, Home Trust increased its rate to 3.95%:
| ISA | Rate |
| BMO High Interest Savings Account (BMT104) CAD | 4.10% |
| Scotiabank Investment Savings Account, Series A (DYN6000) CAD | |
| Manulife Bank Investment Savings Account (MIP510) CAD | 4.00% |
| Home Trust High Interest Savings Account, Class A (HOM100) | 3.95% |
| Equitable High Interest Savings Account, Series A (EQB1000) CAD | 3.85% |
| NBI Altamira CashPerformer Account, Series A (NBC100) CAD | 3.80% |
| RBC Investment Savings Account, Series A (RBF2010) CAD | |
| TD Investment Savings Account, Series A (TDB8150) CAD | |
| Renaissance High Interest Savings Account, Series A (ATL5000) CAD | 3.65% |
| B2B Bank HIIA, Series A (BTB100) CAD | 3.50% |
8:07 am
September 30, 2017
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ICYMI - Check out post #1 of this thread 
Keep up the good work 
Thank you.
PS - do not wander off topic
8:20 am
January 5, 2023
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On qtrade, when you try an order and it fails, it gives this alert:
"The buy symbol you have chosen is not available online. Please contact one of our representatives. (ref# 10009)"
That error, was for DYN3065.
Out of curiousity, I was trying DYN5004. It, and DYN6004 don't give the error.
So I'll put in a trade on DYN6004, on Monday. Should work.
fwiw, I think the DYN stands for dynamic.ca, the company managing that family of funds for Scotia. I also found this link of interest. Good chance you've seen it on another chat board: https://www.pwlcapital.com/high-interest-savings-account-etfs
8:26 am
October 27, 2013
Online
Dynamic was part of DundeeWealth, long ago bought out (circa 2010) by Scotiabank and now a subsidiary of Scotiabank.
9:34 am
January 5, 2023
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Interesting AltaRed. Thanks.
1:34 pm
December 12, 2009
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Norman1 said
Since last update, Home Trust increased its rate to 3.95%:
ISA Rate BMO High Interest Savings Account (BMT104) CAD 4.10% Scotiabank Investment Savings Account, Series A (DYN6000) CAD Manulife Bank Investment Savings Account (MIP510) CAD 4.00% Home Trust High Interest Savings Account, Class A (HOM100) 3.95% Equitable High Interest Savings Account, Series A (EQB1000) CAD 3.85% NBI Altamira CashPerformer Account, Series A (NBC100) CAD 3.80% RBC Investment Savings Account, Series A (RBF2010) CAD TD Investment Savings Account, Series A (TDB8150) CAD Renaissance High Interest Savings Account, Series A (ATL5000) CAD 3.65% B2B Bank HIIA, Series A (BTB100) CAD 3.50%
Can you add the Scotiabank Series F ISA to your regular weekly/biweekly (or so) update, perhaps with a notation in smaller sized text that it's only available to Scotia iTRADE and Scotia McLeod clients?
Cheers,
Doug
1:42 pm
December 12, 2009
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Frieda said
Interesting AltaRed. Thanks.
Yep, and that is why ADS Canadian Bank, prior to its dissolution and legal amalgamation into The Bank of Nova Scotia Trust Company on November 1, 2022, was previously known as Hollis Canadian Bank and, before that, Dundee Bank of Canada. Scotiabank had rebranded Dundee Wealth advisor business as Hollis Wealth and Dundee Bank of Canada as Hollis Canadian Bank shortly after it acquired the business, as parts of the Dundee business were continuing as a separate company, as I recall. It created the Hollis brand based on the street address, 1709 Hollis Street, Halifax, Nova Scotia, of its founding office, which is actually Scotiabank's legal head office of record. They rebranded Hollis Canadian Bank as ADS Canadian Bank when they subsequently sold off the Hollis Wealth advisor business to iA Financial Group, who, in turn, migrated the clients (based on their assets) to their Investia Financial Services and iA Private Wealth businesses.
Cheers,
Doug
1:47 pm
December 12, 2009
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savemoresaveoften said
Good to know. It appears the last 3 tickers are restricted to prob Scotia itrade and full service clients only. Given Dynamic is 100% owned by BNS, I imagine going over the limit on the DYN600 fund is equivalent to over CDIC limit of BNS, which I am comfortable with.
Very interesting it seems the generic 6000 is accessible via CIBC IE apparently. I did not expect that at all. I put in a small test trade to see if it goes through and there is no commission either. The imperial service rep said since ISA, no min hold period whether its ATL (CIBC) or DYN ISA.
Yes, though ADS Canadian Bank may still have a separate ticker symbol from Scotiatrust's ticker symbol, new deposits to that ticker would be comingled with any deposits in the Scotiatrust ticker symbol. You can still have separate CDIC insured deposits for Scotiabank, Scotiatrust, Montreal Trust, National Trust, and Scotia Mortgage Corp., though. 🙂
Cheers,
Doug
7:35 pm
November 3, 2022
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Doug said
Can you add the Scotiabank Series F ISA to your regular weekly/biweekly (or so) update, perhaps with a notation in smaller sized text that it's only available to Scotia iTRADE and Scotia McLeod clients?
Cheers,
Doug
I hold Scotiabank Series F ISA through Q Trade. So it is not totally restricted to Scotia iTRADE and Scotia McLeod clients.
7:02 am
December 12, 2009
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Rail Baron said
I hold Scotiabank Series F ISA through Q Trade. So it is not totally restricted to Scotia iTRADE and Scotia McLeod clients.
Oh, okay, I wasn't aware of that. I personally don't think Qtrade offers any compelling value to Scotia iTRADE (i.e., similar trading commissions, similar platforms, and similar commission-free ETF lineups). The key detractor for me with Qtrade was their sub-optimal customer service experience a few years ago when investigating other brokerages. They seemed unaware that FINTRAC does not require them to accept government-issued photo identification (indeed, banks are even prohibited from requiring that), and when I pointed out FINTRAC doesn't prefer institutions accepting unmediated digital copies of ID documents or to suggesting they adopt other FINTRAC-endorsed methods of KYC validation of clients in non-face-to-face situations, they seemed completely unwilling to engage. By contrast, I have generally always had exceptional customer service from Scotia iTRADE. For that reason, I really don't endorse using Qtrade, and would recommend other commission-free brokerages (Disnat Direct, NBDB, CI Direct Trading etc.) and Scotia iTRADE before Qtrade. As well, as a third-party separate from Scotiabank, it's more likely Scotia would pull their Series F funds from third-party discount brokerages before their in-house brokerage.
To each his own though...
Cheers,
Doug
7:27 am
April 6, 2013
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Doug said
Can you add the Scotiabank Series F ISA to your regular weekly/biweekly (or so) update, perhaps with a notation in smaller sized text that it's only available to Scotia iTRADE and Scotia McLeod clients?
…
I'm not going to any Series F ISA's to the chart. They aren't really comparable to the other items in the chart.
7:51 am
October 27, 2013
Online
I agree there is no reason to 'mix' up the chart with non-comparable items. The links allow the interested to dig further for the various options available from each of the issuers.
9:15 am
December 12, 2009
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Norman1 said
Doug said
Can you add the Scotiabank Series F ISA to your regular weekly/biweekly (or so) update, perhaps with a notation in smaller sized text that it's only available to Scotia iTRADE and Scotia McLeod clients?
…I'm not going to any Series F ISA's to the chart. They aren't really comparable to the other items in the chart.
AltaRed said
I agree there is no reason to 'mix' up the chart with non-comparable items. The links allow the interested to dig further for the various options available from each of the issuers.
Except it's misleading, listing BMO's ISA at the top, as if it's the notional rate leader when it is not.
Also, it is directly comparable to the other ISAs. It's the exact same product, except the depositor does not have to pay a trailer fee.
Cheers,
Doug
9:29 am
October 27, 2013
Online
Some of the others have zero trailer fee options as well. What is the point of only showing one of them?
And what is your problem with BMO being first? It shares top spot with Scotia right now at 4.1%
Added: It is my understanding Qtrade sells only the F series versions of these ISAs so they are indeed available to the DIY investor.
12:54 pm
November 3, 2022
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Doug said
Oh, okay, I wasn't aware of that. I personally don't think Qtrade offers any compelling value to Scotia iTRADE (i.e., similar trading commissions, similar platforms, and similar commission-free ETF lineups). The key detractor for me with Qtrade was their sub-optimal customer service experience a few years ago when investigating other brokerages. They seemed unaware that FINTRAC does not require them to accept government-issued photo identification (indeed, banks are even prohibited from requiring that), and when I pointed out FINTRAC doesn't prefer institutions accepting unmediated digital copies of ID documents or to suggesting they adopt other FINTRAC-endorsed methods of KYC validation of clients in non-face-to-face situations, they seemed completely unwilling to engage. By contrast, I have generally always had exceptional customer service from Scotia iTRADE. For that reason, I really don't endorse using Qtrade, and would recommend other commission-free brokerages (Disnat Direct, NBDB, CI Direct Trading etc.) and Scotia iTRADE before Qtrade. As well, as a third-party separate from Scotiabank, it's more likely Scotia would pull their Series F funds from third-party discount brokerages before their in-house brokerage.
To each his own though...
Cheers,
Doug
Sorry that you had a bad experience with Q Trade. So far, I've been quite satisfied in my dealings with them. I became a client under a $60 promotion through Great Canadian Rebates, so thus far they have been paying me to invest with them, since I'm a buy and hold dividend investor. The ISA's have been an added bonus.
Could you elaborate on your point that Scotia could pull their Series F ISA's from third party brokerages? Does that mean they would stop selling more units, or are you suggesting they could cash out our units at a time of their choosing?
4:30 pm
September 11, 2013
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When I'm in my Investors Edge account there is a link for info re HISAs (ISAs) and they list Renaissance (ATL5000), Manulife, Altamira as well as the TD, RBC and BNS suite of ISAs, i.e. IE appears to offer lots of them, could buy up about $1.5M CDIC-insured, it seems. I'm presuming A, not F, series.
I never previously thought to see if a big bank discount broker would offer others' ISAs, can do a fair bit from one account.
4:49 pm
October 27, 2013
Online
Rail Baron said
Could you elaborate on your point that Scotia could pull their Series F ISA's from third party brokerages? Does that mean they would stop selling more units, or are you suggesting they could cash out our units at a time of their choosing?
Scotia has no reason to pull any of their ISAs from brokerages. They would just as soon encourage their competition (discount brokerages) to offer the F series (as compared to the A series), attracting more deposits at the higher yield to the investor, and denying their broker competition from pocketing a trailer fee for their corporate benefit. It is the brokerages like Qtrade that are deciding what they will offer on their platform.
If Scotia sees too much in the way of deposits coming in, they would just lower the yield they are offering.
Scotia is not a non-profit/charity. They are pocketing some profit margin on these accounts just like any other FI offering HISAs at specific rates.
5:30 pm
March 30, 2017
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Bill said
When I'm in my Investors Edge account there is a link for info re HISAs (ISAs) and they list Renaissance (ATL5000), Manulife, Altamira as well as the TD, RBC and BNS suite of ISAs, i.e. IE appears to offer lots of them, could buy up about $1.5M CDIC-insured, it seems. I'm presuming A, not F, series.I never previously thought to see if a big bank discount broker would offer others' ISAs, can do a fair bit from one account.
Thats after you log into ur account ? Can you point me in the right direction ? I dont recall seeing anything like that under trading tab etc.
You can PM me here for the instruction to get to that page. Thanks !
7:49 pm
September 11, 2013
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Log in, select Trading, then Mutual Funds and then you'll see Mutual Fund Notices. The 4th notice, click on "Check them out".
6:41 am
March 30, 2017
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Bill said
Log in, select Trading, then Mutual Funds and then you'll see Mutual Fund Notices. The 4th notice, click on "Check them out".
Thanks Bill.
Even after you point out, took me a bit to find it since its in small fonts 🙂
Also I never trade mutual funds so I just ignore that page in general until last few months when ISA becomes a viable asset again !
And confirmed with Premium edge rep, only the Class A is available to IE customers, regardless of issuer name. Full service under Gundy advisors may have access to class F but hes not sure. But for now, only class A is available to the ID discount broker side.
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