Rate Change - Implicity - Going down | Implicity Financial | Discussion forum

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Rate Change - Implicity - Going down
March 17, 2016
12:17 pm
kanaka
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December 23, 2011
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Implicity Financial values your business and wanted to notify you that our rates will be changing effective March 18, 2016.

When determining our rates, Implicity must stay in step with the current market trend. Our rate strategy is to ensure that our rates are among the best in Canada, competitive within our marketplace and consistent to our highest competitors with similar depositor insurance and product offerings.

The following rates will be changed effective March 18, 2016:

High Interest Savings / TFSA 1.70% from 1.75%
RSP Savings / RIF Savings 1.70% from 1.75%

March 18, 2016
7:34 am
Peter
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May 15, 2007
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Thanks for the heads up! I've updated the chart now.

March 18, 2016
7:34 am
Save2Retire@55
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January 3, 2013
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This is a really funny change for a small financial insinuation like Implicity.

If they are paying interest for let's say $1B > the 0.05% reduce is $500K a year! Guess they really need every single penny!

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