I'm in the process of finding a higher Interest rate savings account online that ING Direct. I was really interested by PC financial which I heard was giving good bang for the buck with their higher interest rate than ING and had their annual birthday programm on the PLUS account. However, they only deserve PC's finanacial mastercard to Quebec and PLUS account is not available here. They do not have a welcoming pormotion programm and more of that they just lowered their interest rate.
I guess it will be ICICI bank for me even if many people have complains about their customer service. However I'm not the one who will call the most, I do my transactions online and avoid calling for any information.
However there is only 1 little hick with ICICI: "*This offer is open to new ICICI Bank Canada customers who are residents of Canada above 19 years of age who open a Canadian Dollar HiSAVE Savings Account with a minimum initial deposit of $100.00. Limit one C$20 gift deposit per new account (including joint accounts) and one account per new customer. Offer is not available to residents of Manitoba, Quebec, and Nova Scotia. Application criteria apply. Offer may be modified or cancelled at any time. May not be combined with other offers."
The 20$ gift bonus for opening a new account or the possibly of sending ivitations to friend to get a 20$ referral bonus?
I better know thie rpolicy before getting surprised after i've openend an account with them.
I had a PCF Interest Plus savings account and no-fee chequing account. They make a great combo. However, the only hiccup was that you don't get instant transfers from savings to chequing (you have to plan the transfer one day before you want the money).
I second Peter with Citizens Bank. You can combine their free Investment Chequing account (2.4%) with their Ultimate Savings Account (4.1%). Plus, you get instant transfers between your accounts.
They are also dedicated to social responsibilty through their Shared Interest products.
PC Financial still offers a 4.1% rate on their RRSP high-interest savings account. They are actively flogging it on their website. It makes sense from their perspective because it's much more difficult (and costly) for you to move your RRSP funds out of their bank (which is really CIBC).
You can add RBC to the list of banks decreasing their high-interest savings account rates. When I checked yesterday, it was down to 3.8% from 4.0%.