CTFS down to 2.00% (+1.00% for 90 Days) | Canadian Tire | Discussion forum

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CTFS down to 2.00% (+1.00% for 90 Days)
May 22, 2009
9:32 am
djino
Ottawa (Gatineau, Qc Area)
Member
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Forum Posts: 309
Member Since:
December 12, 2008
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Down to 2.00%

djino

May 22, 2009
10:01 am
Hussain
Guest
Guests

Much better than the 1.35% from ING DIRECT

May 22, 2009
10:20 am
Craig
Guest
Guests

I'm resisting the urge to transfer my cash there. Their rates will probably drop precipitously once they have enough

  • suckers
  • customers transfer cash to their accounts.

    May 22, 2009
    1:29 pm
    Hussain
    Guest
    Guests

    A financial services company needs at least 10billion in deposits to realize that rates increase/decrease can affect profit - CTFS is no where near that. ING DIRECT Canada has over 23 billion and that's why you seem them move the quickest on lowering rates -- costs lots of money to provide interest to 23 billion

    Please write your comments in the forum.