EQ TFSA Savings acc 2.3% GIC 3 mo 2.5 % Same for RSP | Page 5 | EQ Bank | Discussion forum

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

No permission to create posts
sp_Feed Topic RSS sp_TopicIcon
EQ TFSA Savings acc 2.3% GIC 3 mo 2.5 % Same for RSP
December 27, 2020
1:56 pm
JenE
Member
Members
Forum Posts: 316
Member Since:
May 24, 2016
sp_UserOfflineSmall Offline

I’ve just checked EQ TFSA GIC rates and unless I’m missing something the 2.5% 3 month rate is no longer available. Showing 1.5% for 3 months. Rats! Someone tell me it ain’t so!

December 27, 2020
2:02 pm
pianoman8849
Halifax, NS
Member
Members
Forum Posts: 22
Member Since:
March 26, 2018
sp_UserOfflineSmall Offline

JenE said
I’ve just checked EQ TFSA GIC rates and unless I’m missing something the 2.5% 3 month rate is no longer available. Showing 1.5% for 3 months. Rats! Someone tell me it ain’t so!  

If that is the case, that's going pretty low with only four days left in the year.

December 27, 2020
2:07 pm
christinad
Member
Members
Forum Posts: 214
Member Since:
October 15, 2015
sp_UserOfflineSmall Offline
December 27, 2020
2:08 pm
AltaRed
Member
Members
Forum Posts: 1261
Member Since:
October 27, 2013
sp_UserOfflineSmall Offline
December 27, 2020
2:26 pm
JenE
Member
Members
Forum Posts: 316
Member Since:
May 24, 2016
sp_UserOfflineSmall Offline

Well, I guess I didn’t go down the page far enough! Thanks for checking it out and putting me straightsf-smile

December 29, 2020
9:30 am
hwyc
GTA
Member
Members
Forum Posts: 318
Member Since:
September 30, 2017
sp_UserOfflineSmall Offline

My EFT dated Dec 20th (Sun) is already unhold today 29th (Tue).
Hm. This is out of my expectation, delightfully sf-smile.

... also I don't think my other banks do that - dating EFT transactions on a non-business day

December 29, 2020
10:38 am
rodeworthy
Member
Members
Forum Posts: 64
Member Since:
February 1, 2016
sp_UserOfflineSmall Offline

hwyc said
My EFT dated Dec 20th (Sun) is already unhold today 29th (Tue).
Hm. This is out of my expectation, delightfully sf-smile.

... also I don't think my other banks do that - dating EFT transactions on a non-business day  

Same thing here. Our "pull" on Dec. 19 is no longer on hold. I arranged for a transfer of "old money" into TFSA on Jan. 1 and "new contribution" on Jan. 2. Next task is to get that into a 3-mo. GIC asap.

X2 for spouse as well. Very smooth so far.

December 30, 2020
9:49 pm
christinad
Member
Members
Forum Posts: 214
Member Since:
October 15, 2015
sp_UserOfflineSmall Offline

I was surprised because a pull on dec 23rd is just off hold! So that means the 24th and 28th both counted.

December 31, 2020
3:26 pm
Rick
Member
Members
Forum Posts: 1039
Member Since:
February 17, 2013
sp_UserOfflineSmall Offline

topgun said

Pushing funds to EQ HISA you lose 1 day interest at most.  

Good call. Pushed on the 29th, credited on the 30th, alerts arrived on the 31st. No funds on hold.

January 1, 2021
10:23 am
christinad
Member
Members
Forum Posts: 214
Member Since:
October 15, 2015
sp_UserOfflineSmall Offline

So it looks to me like you can only have 1 tfsa savings account. Is that correct?

January 1, 2021
11:04 am
Bill
Member
Members
Forum Posts: 2167
Member Since:
September 11, 2013
sp_UserOfflineSmall Offline

christinad, do you mean at EQ, or in general? You can have TFSAs at various institutions. At EQ, I'd guess you can put some in a TFSA GIC plus put some in a TFSA savings account, but I'm just guessing.

January 1, 2021
11:34 am
pianoman8849
Halifax, NS
Member
Members
Forum Posts: 22
Member Since:
March 26, 2018
sp_UserOfflineSmall Offline

christinad said
So it looks to me like you can only have 1 tfsa savings account. Is that correct?  

I have two. One for myself and one for my wife. I can't see why it would matter how many TFSA accounts you have as long as you didn't exceed your contribution limit.

January 1, 2021
2:12 pm
Vatox
Member
Members
Forum Posts: 799
Member Since:
October 29, 2017
sp_UserOfflineSmall Offline

Mmmm... 2.5% GIC.

January 1, 2021
2:26 pm
smayer97
Member
Members
Forum Posts: 252
Member Since:
September 29, 2017
sp_UserOfflineSmall Offline

Vatox said
Mmmm... 2.5% GIC.  

Gone... only 1.5% now

January 1, 2021
2:48 pm
topgun
Member
Members
Forum Posts: 238
Member Since:
September 6, 2020
sp_UserOfflineSmall Offline

I stuck with a 5 year GIC in my TFSA @ 1.75% today. Not at EQ.

Have a Great Day

January 1, 2021
2:58 pm
Adam1
Member
Members
Forum Posts: 32
Member Since:
August 28, 2019
sp_UserOfflineSmall Offline

smayer97 said

Gone... only 1.5% now  

It's still at 2.5% for now. Could go away at any time, though.

TFSA only, btw. The regular 3 month one has been at 1.5% for a while.

Adam

January 1, 2021
4:02 pm
Bill
Member
Members
Forum Posts: 2167
Member Since:
September 11, 2013
sp_UserOfflineSmall Offline

pianoman8849, you say you have 2 TFSAs, one for you and one for your wife. So really you only have one, and your wife also has one, is that what you mean?

January 1, 2021
4:09 pm
pianoman8849
Halifax, NS
Member
Members
Forum Posts: 22
Member Since:
March 26, 2018
sp_UserOfflineSmall Offline

Bill said
pianoman8849, you say you have 2 TFSAs, one for you and one for your wife. So really you only have one, and your wife also has one, is that what you mean?  

Yes, I know I should have clarified that. Of course that's not really two accounts for one person, as what was being asked. I do have two tfsa accounts at different institutions, one of them being EQ. I might be splitting my contributions. Not sure yet. I just can't go over the $ 50,000 limit.

January 1, 2021
4:19 pm
christinad
Member
Members
Forum Posts: 214
Member Since:
October 15, 2015
sp_UserOfflineSmall Offline

Just to clarify what i mean, with hubert you can set up multiple tfsa accounts as you can with eq bank unregistered. I looked at the interface again and it looks like you can only have one tfsa account with eq which is too bad.

January 1, 2021
5:16 pm
smayer97
Member
Members
Forum Posts: 252
Member Since:
September 29, 2017
sp_UserOfflineSmall Offline
100sp_Permalink sp_Print

Adam1 said

It's still at 2.5% for now. Could go away at any time, though.

TFSA only, btw. The regular 3 month one has been at 1.5% for a while.  

Thanks for correcting me... I had looked a day or two ago and could no longer find it... was clearly looking in the wrong place. Now I found it again. Thx!

No permission to create posts

Please write your comments in the forum.