Deposit Rates: ING etc. (2009)

[AltaRed]

I can't seem to find the rates at PCF. Perhaps they're hiding them so as not to shock their customers.

The maestro cannot? Try this...

http://www.banking.pcfinancial.ca/a/rat ... Id=sidenav

[Bylo Selhi]

I went to Interest Plus™ savings account. Buried in there was a link to interest rates that I missed the first time. OTOH their competitors post the rates in bold type.

[mister_hl]

In case anyone's interested, HSBC appears to still be offering an introductory rate of 3.50% until march...drops to 2.5% after that though I think...

[AltaRed]

In case anyone's interested, HSBC appears to still be offering an introductory rate of 3.50% until march...drops to 2.5% after that though I think...

You can bet if Carney drops the BOC rate further on Mar 3, there will be continued decreases across the board. It is anyone's guess who has what rates when. I will live with switches between my existing PC Financial and ETrade Cash Optimizer accounts.

[Taggart]

As of today, Peoples Choice Savings Account at Peoples Trust is paying interest of 3.6%

[MFlo]

Effort Trust with a branch in Toronto was paying 2.25% for 1yr

[roger12]

Hi, Long time reader, first time posting. Absolutely fantastic forum!

From the previous posts, I understand that MIP510 and DYN500 both offer no-load, no transaction fees, no hold. So they are perfect for parking cash inside TDW SDRRSP. Do forum members prefer one over the other?

~R

[quote="pmj"]Today's update of the usual suspects:

MIP510 2.15% since Jan 13
DYN500 2.15% since Jan 14
RBF271 2.05% today
MFC298 1.37% today
TDB164 0.97% today

RBF271 has been holding fairly close to MIP & DYN for a while now - it's available on-line at TDW (min order $1000 no 90-day hold). TDB has really dropped off the cliff.[/quote]

[mister_hl]

Looking at the Dundee site, it looks like DYN500 was adjusted to 2% on Feb 5

[j45]

MIP510 1.65%

[Arby]

From the previous posts, I understand that MIP510 and DYN500 both offer no-load, no transaction fees, no hold. So they are perfect for parking cash inside TDW SDRRSP. Do forum members prefer one over the other?

They are virtually identical in terms of their attributes. Both are insured by CDIC up to $100K. Both have 1 day settlement. Both have $1k minimum purchase at TDWH. DYN500 can be traded online, but MIP510 is only traded by phone at TDWH. I just choose whichever is offering the higher interest rate.

[pmj]

Bringing all current rates into one post:

MIP510 1.65% since Jan 30
DYN500 2.00% since Feb 5
RBF271 1.76% Feb 13
MFC298 1.20% Feb 13
TDB164 0.79% Feb 13

[MFlo]

Royal Bank 3.25 2yrs

[Arby]

Royal Bank 3.25 2yrs

This thread is about savings account rates. You appear to be quoting a 2 year GIC rate, which does not apply to this thread.

[thegov]

DYN500 back down to 1.85%

[Pickles]

Bmo Smart Saver rate now reduced to 2.25%

[thegov]

ING down to 2.3% -- surprised they didn't wait till end of month

[Okanagan]

Here is a link from RedFlagdeals.com that posts rates on a daily basis for GIC, Savings accounts, etc.

http://www.redflagdeals.com/deals/main. ... gsaccount/

rates can be sorted by clicking on the rate column - this is posted daily courtesty of fiscalagents.com - the paste and copy below didn't line up to well.

NOte that Canadian Direct Financial has 3% rate



The information in this table can be sorted by interest rate or lender by clicking on the bold headings.

Institution Update Monthly Daily
Peoples Trust 20 FEB --- 3.60
Canadian Direct Finan. 20 FEB --- 3.00
State Bank of India(Can) 20 FEB --- 3.00
President's Choice Finan 20 FEB --- 2.55
Canadian Tire Bank 20 FEB --- 2.50
Citizens Bank 20 FEB --- 2.50
HSBC BankTrust Canada 20 FEB --- 2.50
ICICI Bank Canada 20 FEB --- 2.50
Amex 20 FEB --- 2.40
ING Direct 20 FEB --- 2.30
Alterna Bank-Savings 20 FEB 0.05 2.25
Bank of Nova Scotia 20 FEB --- 2.25
Montreal Trust 20 FEB --- 2.25
OUTLOOK Financial 20 FEB --- 2.25
Royal Bank 20 FEB --- 2.25
Steinbach Credit Union 20 FEB 1.25 2.20
Italian Cdn. Savings CU 20 FEB --- 2.00

[Shakespeare]

Many thanks for the link.

[Okanagan]

You are welcome - not much else to do down here in Puerto Vallart during Happy Hour(s)

[jeebuz]

Royal Bank 20 FEB --- 2.25

RBC eSavings is now down to 2.00%

- Jeebuz -

[squash500]

DYN 500 now down to 1.85% .

MIP 510 still at 1.65%

[BRIAN5000]

Checked on the weekend, Scotia Power Savings at 2.25%

Ok signed on now and its still at
Today's Rate
2.250%

[IdOp]

PCF Interest Plus Savings account rate now at 2.35%, down from 2.55% (on balances above $1000, and 1% otherwise).

Their Tax Free I.P. Savings account is 2.35% all the way.

[MFlo]

Two more days to get CSBs 1% cashable and 1.75 1yr

[thegov]

Could anyone point me to a prospectus for DYN500?
Want to know what the trailer fees are.
Thx.