Topic RSSPC Money going down to 3.10%
May 14, 2025
1:43 pm
1:43 pm
jorno319
Member
Members
Forum Posts: 53
Member Since:
June 20, 2023
June 20, 2023
OfflineRail Baron said
The email claimed that they had held the rate steady during two Bank of Canada cuts. But didn't they cut the rate from 4% to 3.5% during that time?
PC Financial reduced the savings rate from 4% to 3.5% effective January 21, 2025. The Bank of Canada announced policy rate reductions on January 29, 2025 and on March 12, 2025 and held the policy rate on April 16, 2025.
May 14, 2025
9:17 pm
9:17 pm
Norman1
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Forum Posts: 7989
Member Since:
April 6, 2013
April 6, 2013
OnlineThe PC Money account page has been updated with the new 3.1% rate:

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