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Thread: Bank Savings Account - Comparisons

  1. #1
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    I'm looking to open a new savings account and was wondering if anybody has suggestions. I saw a Meridian commercial on TV last night but the rate was only 1.50%. I went onto Tangerine's site and they are offering 2.40% for a limited time.

    Does anybody have a chart to check out my different options? I was planning on just going to the different bank sites and seeing which one offers the best rate and least amount of fees. Thx for the help
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  2. #2
    Senior Canuck ING_rep's Avatar
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    https://www.highinterestsavings.ca/chart/

    Here you go!

    I use Tangerine and People's trust and transfer my money to the highest offer at the moment. Right now I have 3% with tangerine until end of November and 2% TFSA at people's trust. I negotiated 1.75% with Tangerine from December till May. Then I'll see who offers best rate.
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  3. #3
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  4. #4
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    Quote Originally Posted by ING_rep View Post
    https://www.highinterestsavings.ca/chart/

    Here you go!

    I use Tangerine and People's trust and transfer my money to the highest offer at the moment. Right now I have 3% with tangerine until end of November and 2% TFSA at people's trust. I negotiated 1.75% with Tangerine from December till May. Then I'll see who offers best rate.
    This is what we do, when interest rates are so low, we have no loyalty with our savings - it seems like every six months we are moving money around, but as it keeps interest higher, we don't mind doing this!
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  5. #5
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    Savings account is good, but it's interest rates is always low. You can open fixed deposit account for more rates.
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  6. #6
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    This only gives the rates for the real estate banks - not the online ones
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