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Email this8:48 pm
June 27, 2019
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I am thinking of locking in my money in the GICs offered. I’ve been usin ISA for a while but feel we are peaking in rates.
8:55 pm
January 7, 2020
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agit said
FYITDB8152 USD now 4.40%
RBF2014 USD now 4.40%
Wow!
Who knows how long it will last, but don't look a gift horse in the mouth, I guess
Maybe Norman1 is onto something, with the suggestion that the biggies will compete with the digital guys
Anyways, I'm happy to take advantage for as long as it might last
5:36 am
October 27, 2018
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agit said
FYITDB8152 USD now 4.40%
RBF2014 USD now 4.40%
BMT124 (bmo) USD is currently 4.50%
5:55 am
September 11, 2013
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$US ISAs generally pay at least .1 or .15% more right now, RBC & TD it's .35%.
8:51 am
June 27, 2019
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What are we going to do once rates peak and start rolling down? Lock up in GICs?
10:51 am
January 12, 2019
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fsabbagh said
What are we going to do once rates peak and start rolling down? Lock up in GICs?
IMHO ... Rates for HISA's, ISA's & GIC's have 'Already' peaked ❗
It's now time to ... 'Govern Ourselves Accordingly'.
My Two Centavos 
-
Dean
" Live Long, Healthy ... And Prosper! "
10:56 am
February 14, 2023
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BNS DYN6005 F 4.65% USD
11:05 am
September 7, 2018
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Dean said
IMHO ... Rates for HISA's, ISA's & GIC's have 'Already' peaked ❗
It's now time to ... 'Govern Ourselves Accordingly'.
My Two Centavos
Dean
I also think rates have peaked. GIC rates have generally all gradually slipped downward in the last few months. Even Hubert has pulled back on their one year quarterly cashable rate. Their average I think is now 4.75% (1st quarter @4.6%) for 1 year and much lower from the big banks.
12:37 pm
December 12, 2009
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Patch002 said
BMT124 (bmo) USD is currently 4.50%
kesa said
BNS DYN6005 F 4.65% USD
Wow! The USD ISAs really narrowed the differential in deposit rates with their CAD ISA counterparts, which have historically always been higher. Now, though, in addition to the 2- and 10-year bond yield interest rates been at historically high inversion rates, with the 2-year bonds trading at fully 75 to 100 bps premiums to the 10 year bond yields (the same too with 1- and 2- year GICs to 4- and 5- year GICs), we're now seeing USD ISAs, for the first time ever, priced higher than CAD ISAs.
For me, while the Tangerine 4.75% promo was not, as of yet, renewed, I opted to temporarily take the 3.75% offer. The representative confirmed it wouldn't disqualify me from future targeted offers, which has always been my main concern and reluctant to accept them. I will not be leaving it there for more than a couple weeks, however, as I plan to transition it to DYN6004 in several tranches, subject to my Scotia iTRADE Buying Power limits.
Cheers,
Doug
5:23 pm
February 14, 2023
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what are Itrade buying power limits?
2:05 pm
December 12, 2021
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BMO wealth management "CAD" isa and money market 4.76%
Dont know it it is available from bmo direct investing
2:20 pm
March 30, 2017
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Doug said
kesa said
BNS DYN6005 F 4.65% USDFor me, while the Tangerine 4.75% promo was not, as of yet, renewed, I opted to temporarily take the 3.75% offer. The representative confirmed it wouldn't disqualify me from future targeted offers, which has always been my main concern and reluctant to accept them.
Cheers,
Doug
Even tho it wont disqualify you techinically, it does "throw u off their promo cycle", which always start beginning of new month. Now that you have a promo on, you are automatically excluded from any promo they run, UNTIL after your current promo expires. To make it worse, once accepted an offer, they can NOT remove it from your account either. I learnt that the hard way and basically got "lock out" of 2 rounds of promo.
2:22 pm
November 3, 2022
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agit said
BMO wealth management "CAD" isa and money market 4.76%Dont know it it is available from bmo direct investing
Is that the rate for BMT104 in the Fundserv codes?
7:06 pm
April 6, 2013
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Doesn't look like the Bank of Montreal ISA's.
These are the C$ and US$ ISA rates I'm seeing on BMO InvestorLine:
4.35% BMT104 BMO CAD High Interest Savings
4.50% BMT124 BMO USD High Interest Savings
9:36 pm
December 16, 2022
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When does DYN6004 pay their distribution (which gets reinvested)? I bought it last month and expected a change in my balance by today (April 03)
9:52 pm
April 6, 2013
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Interest is distributed last Friday of each month.
T+1 settlement means the following Monday. Allow an extra day for the broker's system to catch up.
10:16 pm
December 16, 2022
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Thanks Norm1. I noticed that TD paid out late tonight and assumed the same at Scotia. I emailed a friend who bought DYN6004 and he wrote "I haven't been checking it" which I thought odd. I asked if he would and he said "Got a "dividend" on the 24th" He doesn't like talking too much about money so I gave up on any further clarification. You seem diligent enough so I stick to your answer. Last Friday of the month, T+1
11:25 pm
April 6, 2013
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One can have a look at fine print at the bottom of the Scotiabank ISA rate sheet for the definitive answer:
1 … Interest is calculated daily on the opening balance of the account, excluding the date of purchase and is paid monthly on the last Friday of each month, or if the last Friday of any month is a holiday, on the immediately preceding business day. Daily interest will be calculated by multiplying the applicable annual interest rate by the daily opening balance and dividing that amount by 365 or 366 in a leap year. Other Terms & Conditions apply. Visit http://ads.scotiabank.com for full details.
Not all the ISA's pay interest exactly the same way. I think the TD ISA's pay on the last business day of the month and not the last Friday.
5:51 am
December 12, 2021
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Rail Baron said
Is that the rate for BMT104 in the Fundserv codes?
Norman1 said
Doesn't look like the Bank of Montreal ISA's.These are the C$ and US$ ISA rates I'm seeing on BMO InvestorLine:
4.35% BMT104 BMO CAD High Interest Savings
4.50% BMT124 BMO USD High Interest Savings
Just spoke with BMO the "ISA 4.76%" is only available to BMO Private Wealth client.
Thanks Norman1 for the info.. wow 0.41% between the 2
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