Log In
Register
Topic RSS
Facebook
Twitter
Email this5:46 pm
April 14, 2021
Offline
State Bank of India still offering 5.6% for 1-yr
https://ca.statebank/gic
5:11 am
May 22, 2015
Offline
HermanH said
State Bank of India still offering 5.6% for 1-yr
https://ca.statebank/gic
I don't see how to get this offer. They don't offer USD Saving accounts. Maybe the only option is to open a CAD saving account and do the currency conversion. This could be the catch.
10:57 am
April 14, 2021
Offline
I think that you are correct, that they do not offer USD savings accounts. However, they do offer CAD and USD chequing accounts.
11:05 am
November 23, 2017
Offline
USD savings accounts also available. Min. monthly balance of $2,500 required to avoid the high ($12) monthly account fee.
11:13 am
April 14, 2021
Offline
At least the chequing fee is only $4/month.
10:48 am
April 11, 2020
Offline
If you open the chequing/saving account online, they waive the service fee for the first 12 months
10:52 am
April 11, 2020
Offline
CW Bank is offering USD accounts, USD GICs as well as some pretty interesting products based on the USD-prime rate, like 31-/93 Days USD Flex Notice Accounts.
12:23 pm
December 12, 2009
Offline
Many credit unions will offer a non-interest bearing chequing account with no monthly fee and no minimum balance, along with at least 1-2 free chargeable debit transactions per (internal transfers between one's own accounts are almost always considered non-chargeable debit transactions). A couple examples include Coast Capital Savings and First West. I may end up maintaining my Coast USD chequing account only, along with my membership share, and use it strictly as a temporary flow-through account to a Scotia iTRADE USD ISA. Scotia iTRADE Series F ISAs pay ~4.00%.
Cheers,
Doug
10:47 am
April 19, 2019
Offline
Tangerine offers 5% till April 30th for up to $1M USD.
Usually, only offers of 1% or less for USD is found. This is an anomaly.
12:11 pm
April 14, 2021
Offline
SBICanada is still offering 1-yr USD at 5.6%
12:43 pm
April 19, 2019
Offline
HermanH said
SBICanada is still offering 1-yr USD at 5.6%
Interesting that their USD is 5.6% for 1-year but CAD is 5%. But more than 1 year then it reverses. So for one year they deal more with USD or expect USD to not go lower than CAD?! What could this mean?
Please write your comments in the forum.