PC Financial RRSP or TFSA @ 2% (Dec 1 2011-Apr 30 2012) | Simplii Financial | Discussion forum

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PC Financial RRSP or TFSA @ 2% (Dec 1 2011-Apr 30 2012)
December 13, 2011
8:51 am
Jenna
Member
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Forum Posts: 82
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July 13, 2011
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Very Interest-ing.
Dear Customer,

President’s Choice Financial® services can help you save and take advantage of the benefits of an RRSP or TFSA.

When you open a PC Financial® registered or tax-free savings account, earn a special rate of 2% on any deposits made from December 1, 2011 until April 30, 2012.*

Eligible accounts include the Interest PlusTM RRSP, The World's BestTM RRSP or Tax-Free Interest Plus savings account.

To start saving, call 1-866-674-5612 or select “apply now” below to open a new RRSP or TFSA today.

December 13, 2011
8:56 am
Peter
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Forum Posts: 1441
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May 15, 2007
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December 13, 2011
9:02 am
Winnie
Ontario
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Forum Posts: 472
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December 7, 2011
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December 13, 2011
5:32 pm
msl
Guest
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... maybe many people are still not aware of the 3.00% ... [so let us look at our chart pls] and kaboom:

https://www.highinterestsavings.ca/chart/

as you can see, we have 3.00% on these financial institutions
a.) Canadian Direct Financial (I have an account here)
b.) Peoples Trust

and at close
c.) Canadian Tire Financial at 2.50%
d.) AcceleRate Financial at 2.20%

December 21, 2011
4:09 pm
Wendy
Kelowna BC
Newbie
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Forum Posts: 1
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December 21, 2011
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I don't have TFSA contribution room left for 2011, and I was thinking to take advantage of this 2% by contributing $5000 on the beginning of 2012. And suddenly a thought occurred: If I withdraw the existing $5000 at the very last day of 2011, then I will have contribution room of$10,000 on the day after which is the 2012-01-01? Then I can contribute the total amount $10,000 back to the TFSA, but earn 2% interest based on $10,000 instead of $5,000 until April 30, 2012! Am I right? Any comments on this? :)

December 22, 2011
3:07 pm
88kanaka
Guest
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Wendy said:

I don't have TFSA contribution room left for 2011, and I was thinking to take advantage of this 2% by contributing $5000 on the beginning of 2012. And suddenly a thought occurred: If I withdraw the existing $5000 at the very last day of 2011, then I will have contribution room of$10,000 on the day after which is the 2012-01-01? Then I can contribute the total amount $10,000 back to the TFSA, but earn 2% interest based on $10,000 instead of $5,000 until April 30, 2012! Am I right? Any comments on this? :)

I would pull my money ASAP and look at putting it here....even in a 1 year GIC.
http://www.acceleratefinancial.....rates.aspx It does not matter when you do the deposit in 2012. I would be reluctant (personal choice of course) to deal with PC or CT as they are a front for one of the big 5......and have you ever seen a happy PC employee? For some reason I prefer not to deal with a company that does not have happy people working for them!! 88kanaka.....Maple Ridge BC

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