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Ideal TFSA Rate Change
July 22, 2022
8:46 am
dougjp
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Forum Posts: 403
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January 9, 2011
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Logged in to my account this morning and the TFSA rate is now 2.6%, which seems to indicate they are willing to compete again.

Strangely, the normal savings rate is still unchanged and of course is way below market now.

The one thing that unites all human beings is that, deep
down inside, we ALL believe that we are above-average drivers.

July 22, 2022
4:03 pm
RetirEd
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November 18, 2017
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It looks like Ideal is saying, "Bring your money for the rate but don't expect to move it out easily without fees or TFSA complications."
RetirEd

July 22, 2022
4:44 pm
dougjp
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Forum Posts: 403
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January 9, 2011
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RetirEd said
It looks like Ideal is saying, "Bring your money for the rate but don't expect to move it out easily without fees or TFSA complications."
RetirEd  

How true. The last time I looked, there was a $ 5- fee for a TFSA withdrawal, and a $ 50- fee for a TFSA transfer to another institution.

The one thing that unites all human beings is that, deep
down inside, we ALL believe that we are above-average drivers.

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