Savings Accounts and TFSA Rates Down Again | Ideal Savings | Discussion forum

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
sp_Search Search
Advanced Search
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

sp_Search Search
Go to Bottom
No permission to create posts
sp_Feed Topic RSS sp_TopicIcon
Savings Accounts and TFSA Rates Down Again
April 20, 2020
2:36 pm
GR
Member
Members
Forum Posts: 665
Member Since:
September 15, 2017
sp_UserOfflineSmall Offline
Go to Top
1sp_Permalink sp_Print

Now at 2.01%.

April 20, 2020
3:29 pm
dougjp
Member
Members
Forum Posts: 597
Member Since:
January 9, 2011
sp_UserOfflineSmall Offline
Go to Top
2sp_Permalink sp_Print

Disturbing trend. They used to try and lead with rates, however the last few times they drop first compared to competitive banks, and never have the top rates any more. The silly .01% business too.

They must not realize people make future decisions on placement of 'sort of locked in' funds (eg: TFSA savings) based on management trends re: rate direction and stability.

"Keep your stick on the ice. Remember, I'm pulling for you. We're all in this together." - Red Green

April 20, 2020
5:03 pm
AltaRed
BC Interior
Member
Members
Forum Posts: 3143
Member Since:
October 27, 2013
sp_UserOfflineSmall Offline
Go to Top
3sp_Permalink sp_Print

Sure they do. They just don't need to pay for deposits at premium rates.

No permission to create posts
sp_Feed All RSS
Go to top

Please write your comments in the forum.