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Investment Savings Account (ISA) Interest Rates
August 6, 2022
9:29 am
Norman1
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Norman1 said
RBC US$ Investment Savings Account RBF2014 is currently paying 2.2%.

AllanB said
RBF2014 is paying 2.05% I guess they update Monday

The 2.2% rate for the US$ ISA RBF2014 was effective yesterday (Friday):

View U.S. Historical Rates

yyyy-mm-dd Series A Series F
2022-08-05 2.20% 2.35%
2022-07-29 2.05% 2.20%
2022-06-27 1.45% 1.60%
August 10, 2022
5:08 pm
fsabbagh
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Hi,

I sold a lot of stocks recently in my RRSP and would like to use the HISA mentioned in this thread. I logged into TD Webbroker and do not see where to order these HISA. Can someone please guide me with the steps?

Thx
Ferris

August 10, 2022
5:19 pm
Bill
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Go in and put in a mutual fund order for (there are 4 of them, $Cdn, so can buy up to $400k CDIC insured), for TDB8150, 8155, 8157 & 8159.

August 10, 2022
6:11 pm
fsabbagh
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Bill said
Go in and put in a mutual fund order for (there are 4 of them, $Cdn, so can buy up to $400k CDIC insured), for TDB8150, 8155, 8157 & 8159.  

Excellent. Thank you!!

August 10, 2022
8:08 pm
Dean
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fsabbagh said

Hi,

I sold a lot of stocks recently in my RRSP and would like to use the HISA mentioned in this thread. I logged into TD Webbroker and do not see where to order these HISA. Can someone please guide me with the steps?

Thx
Ferris  

What Bill said (Post #43), plus a few more details . . .

.
Money left in most investment accounts as Raw cash, earns 0.00% interest these days. To park cash in my TD WebBroker accounts, I use TDB8150 & TDB8152. That 2.25% & 2.20% interest is Sweet sf-smile

Kaching

    Dean

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

August 11, 2022
10:35 am
fsabbagh
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I went ahead and purchased TDB8150 and 52 in my TD accounts. With BMO Investorline, I get the following message with AAT770:-

Your order was not submitted for the following reasons:

Error: Unfortunately, this mutual fund is no longer accepting new purchases or is limited to existing investors. Please select an alternative investment for purchase.

Any ideas? Any alternative?

Thx
Ferris

August 11, 2022
1:32 pm
AltaRed
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You need to look under "HISAs, GICs and Bonds" to buy BMT104/109/114 to buy CAD ISA and BMT124/129/134 to buy USD ISA. The AAT series are long gone.

October 25, 2022
8:30 am
agit
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TDB8150 now at 3.15%

October 25, 2022
9:11 am
bigtail
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How can I buy those ISA from IBKR Web Portal or WealthSimple Trade? I searched for the symbol TDB8150 but had no luck, any suggestion?

October 25, 2022
10:06 am
AltaRed
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bigtail said
How can I buy those ISA from IBKR Web Portal or WealthSimple Trade? I searched for the symbol TDB8150 but had no luck, any suggestion?  

If those brokerages don't have a mutual fund trade tab, then you cannot do so. These ISAs are bought and sold using the FUNDServ mutual fund system.

October 25, 2022
12:44 pm
bigtail
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AltaRed said

If those brokerages don't have a mutual fund trade tab, then you cannot do so. These ISAs are bought and sold using the FUNDServ mutual fund system.  

Thanks. I just confirmed with IBKR and they don't support Mutual Funds issued in Canada...Opps..
But I am surprised at their fast response through their Message Center. (10 minutes)

October 25, 2022
2:16 pm
hwyc
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agit said
TDB8150 now at 3.15%  

sf-surprisedsf-smilesf-cool

October 26, 2022
4:19 am
amidat
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Wow Scotiabank:
DYN6000 at 3.65%
DYN6004 at 3.8%

October 26, 2022
5:10 am
hwyc
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mrthrifty still 2.90% … so it's an increase of 0.75%!? sf-surprisedsf-coolsf-smile … & their timing. Why don't I see leap like that in HISAs?

October 26, 2022
8:19 am
AltaRed
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The Mr Thrifty website often is a bit late in updating to changes in rates. It is necessary to check the associated links to be sure of current rates.

HISAs are in a different market (direct retail) than the brokerage ISAs (investor based - both self-directed and financial advisor based). Financial institutions only pay what they need to do so in the market environment they are in. Less than about a year ago, the brokerage ISAs were paying only 0.2-0.25%, i.e. the Bank of Canada overnight rate.

Right now Equitable and Laurentian are paying more in their ISA offerings through brokerages than they do in their direct retail channels because that is what they have to do (in brokerage channels) and what they can get away with (in retail channels).

October 26, 2022
9:05 am
Norman1
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BMO InvestorLine has Government of Canada Nov. 24 treasury bills (29 days) paying 3.395% net of commissions. The Dec. 8 ones (43 days) are paying 3.418%.

So, a brokerage ISA is not going to do that well at 2.9% or 3.15% today.

October 27, 2022
7:56 am
Bill
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RBC ISAs up to 3.25%.

October 27, 2022
3:06 pm
hwyc
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TD now also matching RBC's. I can see 3.25% on my TDDI holding list (was 3.15%) ... I wonder will Scotia's 3.65% hold. They make that rate jump on Oct 26 morning before BoC's. (see entry #53 timestamp)

October 27, 2022
4:54 pm
AltaRed
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hwyc said
TD now also matching RBC's. I can see 3.25% on my TDDI holding list (was 3.15%) ... I wonder will Scotia's 3.65% hold. They make that rate jump on Oct 26 morning before BoC's. (see entry #53 timestamp)  

My exact thoughts as well. My guess is a bit of backpedaling will occur.

November 9, 2022
8:26 am
Bruford
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Mr Thrifty page seems to be down.

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