eSavings down to 1.50% - July 24, 2020 | Alterna Bank | Discussion forum

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eSavings down to 1.50% - July 24, 2020
July 23, 2020
11:47 pm
Shawguy
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December 18, 2008
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Just noticed when logging into my account the savings account rate is 1.50% now. It was 1.69% yesterday.

My guess is the website will be updated later today.
I don't have TFSA eSavings so I can't say if that one dropped as well, but based on the last few drops I would say it is likely too.

July 24, 2020
5:31 am
hwyc
GTA
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September 30, 2017
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I see all new rates posted on Alterna website this morning - GIC too

July 24, 2020
11:18 am
dougjp
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Clearly, based on this and their other recent rate changes, they no longer want to be in the competitive market for HISA or TFSA savings.

July 24, 2020
11:07 pm
picassocat
Québec
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My money is already on it's way to LBC digital/B2b

Alterna has a stable platform, but the extra interest wins it for me.

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