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Email this10:14 am
April 6, 2013
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Rates steady since last update.
| ISA (Canadian Dollars) | Rate |
| BMO High Interest Savings Account (BMT104) | 1.95% |
| Scotiabank Investment Savings Account, Series A (DYN6000) | |
| B2B Bank HIIA, Series A (BTB100) | 1.90% |
| Equitable High Interest Savings Account, Series A (EQB1000) | |
| Home Trust High Interest Savings Account, Class A (HOM100) | |
| NBI Altamira CashPerformer Account, Series A (NBC100) | 1.80% |
| RBC Investment Savings Account, Series A (RBF2010) | |
| Renaissance High Interest Savings Account, Series A (ATL5070) | |
| TD Investment Savings Account, Series A (TDB8150) | |
| Manulife Bank Investment Savings Account (MIP510) | 1.65% |
10:44 am
September 28, 2023
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Over 900 posts in 3 years... awesome... thanks for maintaining this great resource Norman!
12:57 pm
September 7, 2018
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With current inflation @2.2% - these products might be ok for temporary holding of cash but a really bad rate for longer periods and/or for larger amounts. No wonder the stock markets are holding up so well.
1:40 pm
October 27, 2013
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canadian.100 said
With current inflation @2.2% - these products might be ok for temporary holding of cash but a really bad rate for longer periods and/or for larger amounts. No wonder the stock markets are holding up so well.
That is the intent of such products in brokerage accounts: as a cash equivalent wedge for an equity portfolio, or emergency fund, or temporary holding pen for other investment opportunities. The same is typically true for HISAs in banks and CUs as well but that is one step removed from brokerage accounts. They might be 5% or possibly 10% of one's portfolio in withdrawal mode especially.
Disclosure: Other than operating cash flow in my bank chequing account, 99% of my cash equivalent is in either these ISAs, or MMFs with similar yields, in brokerage accounts as a cash equivalent wedge.
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