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Savings Accounts and TFSA Rates Down Again
April 20, 2020
2:36 pm
Forum Posts: 631
Member Since:
September 15, 2017
sp_UserOfflineSmall Offline

Now at 2.01%.

April 20, 2020
3:29 pm
Forum Posts: 575
Member Since:
January 9, 2011
sp_UserOfflineSmall Offline

Disturbing trend. They used to try and lead with rates, however the last few times they drop first compared to competitive banks, and never have the top rates any more. The silly .01% business too.

They must not realize people make future decisions on placement of 'sort of locked in' funds (eg: TFSA savings) based on management trends re: rate direction and stability.

The main accomplishment of almost all organized protests is to
annoy people who are not in them.

April 20, 2020
5:03 pm
BC Interior
Forum Posts: 2853
Member Since:
October 27, 2013
sp_UserOnlineSmall Online

Sure they do. They just don't need to pay for deposits at premium rates.

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