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Rates Drop to 1.55% on Savvy & TFSA Savings Accounts
October 8, 2020
11:53 pm
11:53 pm
Adam1
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August 28, 2019
August 28, 2019
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I was totally expecting this. EQ used to be 1.70% while Motive at 1.75%. Even earlier, EQ was 2.00% while Motive at 2.05%.
EQ went down to 1.50% on October 8, Motive goes down to 1.55% on October 9 (shows the new rate on their homepage, but not yet updated on online banking).
Motive continues to be just 0.05% higher than EQ (since May), disregarding the 1.8% (2% with promo) at CT Bank.
Looks like the 2.3% at Simplii is the best you can maybe get right now if you're already a Tangerine client.
Adam
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