Comments on: About

By: Lauren herschel

Lauren herschel — Thu, 26 May 2011 14:43:41 +0000

Hi there;

I’m wondering if you can add Bridgewater Bank to the comparison chart? We offer a High Interest savings account at (currently) 2.05% (2.10% if you are an Alberta Motor Association member)
http://bridgewaterbank.ca/product_solutions/Smart_eSavings_Account/Smart_eSaving_Account_Home.php

We launched the product in March of this year. It is eligible for CDIC insurance as well.

Thanks!

By: msl25

msl25 — Thu, 30 Dec 2010 06:21:09 +0000

Hi Peter, I am thinking maybe, it might be better if the http://www.highinterestsavings.ca website’s “Home” tab will display the 10 last Forum/Topic than the default 5. It seems better that way as some not so old posts are left out so fast especially if a new post comes along. Also, say if three new guests would make some topics at the same day, there goes the old topics to “wooff/gone!” I can search the older topics of course but if the last 10 posts are there maybe it will make the website easier to navigate and find information?

Reply from Peter: Great idea. I’ve upped it to 12.

By: Nicholas Appleton

Nicholas Appleton — Sat, 20 Nov 2010 06:29:09 +0000

Hi Peter,

Do you have any information regarding opening a bank account overseas, and would you recommend this?

I was recently in Australia, and I noticed that the interest rate for a savings account was around 6%, which is substantially higher than here in Canada. I did a search on the internet for interest rates in other countries, and I noticed that in Brazil, it’s as high as 10%. I have an account with Ally (2% interest)and ING (1.5%), and prefer to keep my savings in a bank account vs. investing in the stock market, etc.

I’m just thinking it could be advantageous to open an account overseas, but I don’t know if it’s possible, or if it’s naive of me to think it’s a good idea. Your opinion and any information you have on this topic would be much appreciated.

Thanks, Nick

Reply from Peter: Unfortunately, I know close to nothing on this topic. However, I’d suggest bringing this up in the forum, where there are plenty of more knowledgeable people!

By: james dean

james dean — Wed, 07 Jul 2010 23:03:22 +0000

Interested in domain. Highinterestsavings.ca

please follow up with me.

James@money.ca

Reply from Peter: Thanks for the interest, but I do not want to sell the domain.

By: Leonard

Leonard — Sun, 27 Jun 2010 20:16:14 +0000

could you start a discussion about the new accelerate financial account thanks L.J. Reply from Peter: Feel free to start a new thread under this forum. If there's enough discussion about it, I'll then give it its own forum.

By: Nick

Nick — Fri, 06 Nov 2009 17:59:07 +0000

Hi Peter, I recently found your website and I think it's terrific! There's a topic I would love some input on. I don't see a current forum on it, so I'm hoping you can start one, regarding fees for closing accounts. Edit: Discussion moved to this thread

By: Rob

Rob — Sun, 01 Nov 2009 01:01:13 +0000

I have a suggestion that I think might improve the comparison chart. Some institutions are “banks” that are CDIC insured up to $100,000 per account. A second group of listed institutions are “credit unions” and it is my understanding that some (or all?) of these are insured by their respective provinces with no limit. Finally, some listed institutions may not be insured at all (I don’t know, I haven’t researched them all and don’t claim to be an expert). Would it be possible to add a column to the comparison chart that lists “$ amount and type of insurance per account?” Thanks . . . great and useful website.

By: IHGAPTPI

IHGAPTPI — Mon, 12 Oct 2009 17:49:13 +0000

Any thoughts from the peanut gallery in regards to the possibility of a Wal-Mart Canada Bank setting up shop here in Canada? The pros and cons should be interesting although I personally welcome the competition. Food for thought !

By: Dave

Dave — Sat, 10 Oct 2009 13:06:10 +0000

Hello Peter : Although still considered the new kid on the block , Ally deserves , until proven otherwise , a place on your comparison chart for high interest savings accounts. Also Peter would it not be more appropriate and/or beneficial to place the comparison chart of all these hight interest savings accounts by the interest rate they are providing? ie) Peoples Trust 2.1 % Canadian Direct Financial 2 % Ally 2 % etc. Reply from Peter: Thanks for your feedback. I delay additions to the chart until there has been sufficient discussion about the bank in the forums. Also, I choose not to sort the chart by rate in the hopes of encouraging people to look a bit more into the other factors about a bank. Those are not policies that are set in stone, though. I invite you to continue further discussion on this in the forum.

By: Mark Sauer

Mark Sauer — Fri, 09 Oct 2009 20:28:17 +0000

Wondering if you have any information about the high interest savings account at http://ally.ca

I believe they are a fairly new online bank. Their savings account pays 2.0%, which is pretty good right now.

Thanks.

Reply from Peter: Please see the discussion happening in this forum.