New High Interest S@vings Account from Desjardins | General financial discussion | Discussion forum

While I would support adding an individual sub-forum here for "Desjardins", it generally considered an unwritten rule that, in order to qualify for inclusion in the site's "comparison chart", the HISA must maintain several requirements:

* accessible to all Canadians in all provinces and territories or, alternatively, all provinces and territories with the exception of Quebec (however, when they do exclude Quebec residents, an exclusion notification is made in the "comparison chart")
* must be able to be opened in-branch at any branch in all or the majority of the Canada's provinces and territories or opened online through non-face-to-face account opening procedures without requiring a mobile mortgage or banking specialist to come to your home where the product will be sold in conjunction with a mortgage/home equity line of credit
* must not be held in broker "book-entry"/nominee form; must be held in one's own name

As well, finally, the regular interest rate on HISAs must be equal to or higher than the current bottom two savings accounts (currently, PC Financial and Tangerine, formerly known as ING DIRECT Canada).

(Does that sound about right, Peter, now that we've somewhat codified those previously "unofficial" rules into writing?)

Do let Peter know if you'd like there to be a Desjardins forum, though.

Cheers,
Doug

Thanks for the input, Greg. I'd suggest making a separate "page" on the "highinterestsavings.ca" website and linking to that "page" on the actual "comparison chart" page, underneath the "chart".

Cheers,
Doug

Thanks, Peter!

No problem.

Cheers,
Doug