Canada cuts key interest rate half-point to 3.5 percent | General financial discussion | Discussion forum

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Canada cuts key interest rate half-point to 3.5 percent

March 4, 2008
3:21 pm

Peter

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May 15, 2007

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More high interest account rate cuts to come?

March 5, 2008
8:03 am

Craig

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RBC's high-interest e-savings account plummeted a full 0.5% to match the BoC cut.

RBC's rate is now 3.00% down from 3.50%.

March 5, 2008
9:56 am

Craig

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PC Financial has lowered its RRSP savings account rate from 4.1% to 3.75%.

As of right now, their non-RSP savings account is still at 3.75%

March 5, 2008
12:37 pm

MAH

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Craig said:

RBC's high-interest e-savings account plummeted a full 0.5% to match the BoC cut.

RBC's rate is now 3.00% down from 3.50%.

... and raised their VISA rates by 0.5% ... bastards