Savings and TFSA rates down to 1.85% | Outlook Financial | Discussion forum

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Savings and TFSA rates down to 1.85%
February 3, 2015
7:50 am
Peter
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Outlook Financial has dropped its savings account and TFSA interest rates from 2.00% to 1.85%.

AcceleRate Financial, Achieva Financial, ICICI Bank, Implicity Financial, and Tangerine Bank have all dropped their rates over the past few days as well.

February 3, 2015
9:19 am
GS1
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February 22, 2013
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It is interesting to see that some have moved 15 basis points (matching the big banks) and some have moved 25 basis points (matching the Bank Of Canada).

GS

February 3, 2015
11:58 am
Loonie
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Some of the 2 year rates seem not to be any worse, at least compared to the last time I looked at them, but others are declining. Hubert has held on to theirs better than most- so far. And we used to complain about Hubert changing their rates too often!

February 3, 2015
12:02 pm
kanaka
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Perhaps Hubert is holding rates with the introduction of RRSPs.

February 3, 2015
4:55 pm
frizun
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I think Hubert actually raised their rate on some of the mid-term GICs.
IIRC the 2 year term used to be 2.25%,now it at 2.45%.
Don't know how long it will last,but it may be a good thing for any last minute shoppers out there.

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