12:17 pm
January 3, 2013
Hello. After some search, I think, at this time, there is no better with no risk option than moving my whole TFSA (without closing the account) from PeoplesTrust to Zag Bank special offer of 2 years GIC for 2.5%.
I thought about moving it to EQBank (their regular 3% saving) but then that might drop in 1 - 2 years from 3% to less than 2% same as what happened with PT so reconsidered of moving and locking it to Zag 2 years 2.5%.
So wondering if 1. This is the best I can do or any better thoughts before I start the process? 2. What is the easiest way to move from PT to Zag knowing I have never been a customer with Zag and don't currently have any kind of accounts with them. Shall I ask Zag to request the money from PT or should I email / call PT and ask them to move it to Zag?
Any advice or recommendation is much appreciated. I will post this to Zag Forum too just in case someone checks that forum but not this one. Thanks
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