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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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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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.

The main accomplishment of almost all organized protests is to
annoy people who are not in them.

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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