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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.
9:46 am
April 6, 2013
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Rates unchanged 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% |
11:32 am
June 22, 2023
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I have not gone through the 46 pages of posts on this forum to determine whether this has been already addressed. I might suggest that multiple forums would be more beneficial than just the broad topic of brokerage ISAs.
I greatly appreciate the value of this forum overall. I have grown tired of opening new HISAs at financial institutions to obtain a promotional rate. So, given how low HISA rates are I think that I will now use brokerage ISAs to manage most of my short term cash needs.
I opened a Qtrade account late in 2025. Qtrade interestingly enough (based upon a representation from a Qtrade CSR) only trades in the F series ISAs. This is actually a very good news story as the rates are slightly better than the A series.
I tried to buy DYN6000 in December on the Qtrade platform and I could not. However, I bought DYN6004 instead, which at the time had a rate of 2.10% and is now 2.20%.
12:04 pm
October 27, 2013
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You could not buy DYN6000 because it A class with a 25bp trailer fee while DYN6004 is F class with zero trailer fee. DYN6004 is what I hold at Scotia iTrade. Qtrade is good in that it won't permit trailer fee versions.
Not all, especially some of the big 6 bank brokerages, will let one buy a competitor's product. BMO Investorline for example won't let me buy anything other than the BMO product, e.g. BMT104 ISA. The same is true for TDDI and RBC DI.
There is no reason to go through 900 posts in this thread. The latest, and first post, of this thread have the most recent rates, and is a pretty complete list of ISA rates available. https://mrthrifty.ca/investmen.....e-account/ also references a full list with links to the individual families of ISAs.
1:11 pm
June 22, 2023
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AltaRed:
Is one penalized 3 days of interest if one buys (trade date) on a Friday (settlement for Monday) on the brokerage ISAs? Thanks in advance.
2:00 pm
January 9, 2011
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NokomisStation said
AltaRed:Is one penalized 3 days of interest if one buys (trade date) on a Friday (settlement for Monday) on the brokerage ISAs? Thanks in advance.
Its like buying/selling stocks, in other words, the settlement day is when you own something (or sell something). You are not penalized anything. Just because you placed an order means nothing, its just a "marker" saying there will be an activity in the future (one BUSINESS day), ie; ownership.
But yes, if you can time purchases to avoid weekends (especially long weekends), then all the better. In your example I assume you just settled a stock sale today, and you are not funding your ISA from a HISA outside the broker account. In this case the timing has caught you out, and does delay the start of earning ISA interest until Monday.
My memory's not as sharp as it used to be. Also, my memory's not as
sharp as it used to be.
6:48 pm
October 27, 2013
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NokomisStation said
AltaRed:Is one penalized 3 days of interest if one buys (trade date) on a Friday (settlement for Monday) on the brokerage ISAs? Thanks in advance.
You would not get interest starting from the ISA until it closes (settles) on Monday (T+1), but you don't need to pony up the funds into the brokerage account for the ISA purchase until Monday either. It is thus not a penalty per se.
As post #909 says, simply avoid a purchase on Friday, i.e. purchase on Thursday for the sale to settle on Friday. Personally, I do not fret about any of this should I not buy 'in time'. A few* dollars doesn't change my lifestyle.
* $100k @ 2.2% for 3 days = $18 before tax.
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