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Motive Rate Cut
August 18, 2019
10:13 am
bobby
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August 18, 2019
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Has anyone else had their hisa rate cut to 2.5% by Motive?
It happened to me 3 months in.

August 18, 2019
11:17 pm
Canadianbull
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No change......

SmartSelect_20190819-001545_Chrome.jpg
sf-confused

August 19, 2019
12:31 am
Rick
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Current Interest Rate 2.800%

August 19, 2019
4:33 am
Doug
British Columbia, Canada
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bobby said
Has anyone else had their hisa rate cut to 2.5% by Motive?
It happened to me 3 months in.  

@bobby, as per their public website, it doesn't appear so; however, if you can post a screenshot from your account showing your interest rate, it'd be helpful.

It's possible you have the Motive Savings account, which pays a still decent 1.5% but which gives you unlimited, free debit transactions (excluding Interac e-Transfers) and not the higher yielding Motive Savvy Savings account paying 2.8% but which is more limited transaction wise. sf-cool

Cheers,
Doug

August 19, 2019
6:33 am
Bud
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Motive online has their "apply now" account at 2.8 and tfsa at 2.4 not sure what thats about

August 19, 2019
10:10 am
bobby
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August 18, 2019
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Motive online has their "apply now" account at 2.8 and tfsa at 2.4 not sure what thats about  

It is the tfsa. Thanks for pointing that out, dealjunkie.

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