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Email this8:09 pm
June 27, 2019
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What are you guys doing with your cash now? Gonna hold on till it get to the mid 3% or are you moving it to a money market ETF? What Money market do you recommend?
8:46 pm
April 27, 2017
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I use CIB238 and Tang promo.
9:33 pm
October 27, 2013
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fsabbagh said
What are you guys doing with your cash now? Gonna hold on till it get to the mid 3% or are you moving it to a money market ETF? What Money market do you recommend?
There are money market mutual funds as well as Cash ETFs. The latter is not necessarily better with trading costs (at most brokerages) albeit some brokerages now also charge commissions for money market mutual funds since they can no longer collect trailer fees.
I use brokerage ISAs such as DYN6004 at Scotia iTrade and BMT104 at BMOIL, although I also use BMO95142 money market mutual fund which is competitive with any others such as CIB238. Anything within 25bp relative to each other is good enough for me. I do not chase promos or anything of that nature.
6:31 pm
April 6, 2013
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Since last update, Manulife Bank, National Bank, and Royal Bank have lowered their rates:
| ISA (Canadian Dollars) | Rate |
| BMO High Interest Savings Account (BMT104) | 4.25% |
| Scotiabank Investment Savings Account, Series A (DYN6000) | |
| B2B Bank HIIA, Series A (BTB100) | 4.15% |
| Equitable High Interest Savings Account, Series A (EQB1000) | |
| Home Trust High Interest Savings Account, Class A (HOM100) | |
| Renaissance High Interest Savings Account, Series A (ATL5070) | 4.05% |
| TD Investment Savings Account, Series A (TDB8150) | |
| NBI Altamira CashPerformer Account, Series A (NBC100) | 3.80% |
| RBC Investment Savings Account, Series A (RBF2010) | |
| Manulife Bank Investment Savings Account (MIP510) | 3.75% |
6:33 pm
September 30, 2017
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TD ISAs are also 3.80% when I sign on to check my TDDI holdings.
6:17 pm
April 6, 2013
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Since previous update, Equitable Bank and TD Bank have lowered their rates:
| ISA (Canadian Dollars) | Rate |
| BMO High Interest Savings Account (BMT104) | 4.25% |
| Scotiabank Investment Savings Account, Series A (DYN6000) | |
| B2B Bank HIIA, Series A (BTB100) | 4.15% |
| Home Trust High Interest Savings Account, Class A (HOM100) | |
| Renaissance High Interest Savings Account, Series A (ATL5070) | 4.05% |
| Equitable High Interest Savings Account, Series A (EQB1000) | 3.90% |
| NBI Altamira CashPerformer Account, Series A (NBC100) | 3.80% |
| RBC Investment Savings Account, Series A (RBF2010) | |
| TD Investment Savings Account, Series A (TDB8150) | |
| Manulife Bank Investment Savings Account (MIP510) | 3.75% |
5:05 am
January 12, 2018
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Scotia also just dropped their ISA rates overnight by .25% across the board . US rates remain unchanged likely for another week or two.
https://ads.scotiabank.com/ADS.Core/ADSContent/DownloadDocuments?documentId=3144&lang=eng
5:57 am
April 6, 2013
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Since previous update, B2B Bank, Home Trust, Renaissance, and Scotiabank have lowered their rates:
| ISA (Canadian Dollars) | Rate |
| BMO High Interest Savings Account (BMT104) | 4.25% |
| Scotiabank Investment Savings Account, Series A (DYN6000) | 4.00% |
| B2B Bank HIIA, Series A (BTB100) | 3.90% |
| Equitable High Interest Savings Account, Series A (EQB1000) | |
| Home Trust High Interest Savings Account, Class A (HOM100) | |
| NBI Altamira CashPerformer Account, Series A (NBC100) | 3.80% |
| RBC Investment Savings Account, Series A (RBF2010) | |
| Renaissance High Interest Savings Account, Series A (ATL5070) | |
| TD Investment Savings Account, Series A (TDB8150) | |
| Manulife Bank Investment Savings Account (MIP510) | 3.75% |
8:42 am
October 27, 2013
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BMT104 shows a drop to 4% as of today.
9:10 am
January 12, 2019
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.
FWIW . . .
TDB8152 (TD USD ISA) remains @ 4.90% ... but I don't expect that to last
much longer.
- Dean
" Live Long, Healthy ... And Prosper! "
10:37 am
October 27, 2013
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Dean said
.
FWIW . . .TDB8152 (TD USD ISA) remains @ 4.90% ... but I don't expect that to last
much longer.Dean
All the USD ISAs are likely to remain where they are until the Fed drops rates next week. Then count on the suite of them to change within 1-10 days thereafter....as usual.
9:17 pm
April 6, 2013
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Since previous update, Bank of Montreal has lowered its rate:
| ISA (Canadian Dollars) | Rate |
| BMO High Interest Savings Account (BMT104) | 4.00% |
| Scotiabank Investment Savings Account, Series A (DYN6000) | |
| B2B Bank HIIA, Series A (BTB100) | 3.90% |
| Equitable High Interest Savings Account, Series A (EQB1000) | |
| Home Trust High Interest Savings Account, Class A (HOM100) | |
| NBI Altamira CashPerformer Account, Series A (NBC100) | 3.80% |
| RBC Investment Savings Account, Series A (RBF2010) | |
| Renaissance High Interest Savings Account, Series A (ATL5070) | |
| TD Investment Savings Account, Series A (TDB8150) | |
| Manulife Bank Investment Savings Account (MIP510) | 3.75% |
5:32 am
May 20, 2016
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Is the gain from brokerage ISA account considered as the capital gains, so only 50% of the gain taxable?
5:42 am
August 4, 2010
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The ISAs are just CDIC-insured bank deposits, generating interest, which is treated like any other interest income from a bank account.
8:54 am
January 12, 2019
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.
What NorthernRaven said ⬆
- Dean
" Live Long, Healthy ... And Prosper! "
9:33 am
April 6, 2013
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The brokerage ISA units or shares are a fiction made for the benefit of the Fundserv system that investment dealers already have to handle mutual funds. There really no actual mutual fund trust or mutual fund corporation behind those simulated units/shares.
The interest is paid out monthly and appear as a simulated mutual fund distribution. The interest is credited to the brokerage account as cash or as additional simulated units/shares.
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