Scotiabank USD ISA (Series F) rate raised to 4.90% (up from 4.65%) | Scotiabank | Discussion forum

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Scotiabank USD ISA (Series F) rate raised to 4.90% (up from 4.65%)
May 9, 2023
8:55 am
Doug
British Columbia, Canada
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Tangerine Bank's parent company, Scotiabank, has raised the rate on its Series F Investment Savings Account by 0.25%) to 4.90% (from 4.65%). Its Series A USD ISA was also raised from 4.50% to 4.75%.

People can buy the Series A ISAs through a wider variety of brokers, and can buy the Series F through Scotia iTRADE, Qtrade, Desjardins Online Brokerage, and possibly CI Direct Trading.

Series F CAD remains at 4.50%.

Link: https://ads.scotiabank.com/rate-history

Cheers,
Doug

May 9, 2023
9:38 am
AltaRed
BC Interior
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The history chart is interesting..... I've not looked for/seen it before. Thank you for posting it.

May 9, 2023
10:54 am
_Ax
YYZ
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Thanks, which one should I pick from series F-

BNS: DYN6004
BNST: DYN5004
MTCC: DYN3065
NT: DYN3055
SMC: DYN3075

May 9, 2023
12:26 pm
AltaRed
BC Interior
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It makes no real difference though I choose to pick the mothership, i.e. BNS6004.

It might make a difference to you if you are already invested in BNS elsewhere and want to stay within CDIC insurance by going to one of the other entities. I don't care about CDIC coverage with the big 5 so it wouldn't matter to me if I had $1M in BNS alone.

May 9, 2023
9:53 pm
Norman1
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For US$, there's only two Series F Scotiabank ISA offerings:

DYN6005 Bank of Nova Scotia US$ ISA, Series F
DYN5005 Bank of Nova Scotia Trust Company US$ ISA, Series F

Details are in their Tiered Investment Savings Accounts (ISAs) brochure.

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