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High Interest Savings Account Chart.
September 10, 2012
12:56 pm
Omar
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Hi,

I was looking at your page on the high interest savings account rates chart. I had been looking for a good institution that had high rates, so thanks for the resource.

I ended up going with Outlook Financial whose rate is 2.0% - seems on the higher end of most banks.

Just thought you might want to know, since I did not see it in your chart. Might be a good addition for it.

Thanks,

Omar

September 10, 2012
1:05 pm
Peter
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Thanks for sharing :)

Outlook Financial is on the chart, though:

https://www.highinterestsavings.ca/chart

March 3, 2015
7:19 am
Bill
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Wish list: As rates are now so low for "high" interest bank accounts more folks are looking at GICs, to get a little more on funds they can lock up, maybe even just for shorter periods. What would be really cool would be a Comparison Chart page for GICs, 1 year up to five years, including promotional rates (more important when rates are low as the difference between getting 1% and 1.5% is 50%) and non-standard periods (e.g. 15 month GICs). I haven't found any sites out there that do this. It's quite a field to cover but if anyone's looking for a project and is computer savvy enough to do it - plus everyone can contribute re any promotional rates, etc we notice!

March 3, 2015
7:43 am
Peter
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Thanks for the suggestion Bill. It would be quite difficult to maintain -- I maintain the main chart by hand -- so I'm open to ideas on how to make it simpler!

March 3, 2015
8:35 am
AltaRed
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I wouldn't wish more work on Peter than he already has managing this Forum!

March 3, 2015
12:53 pm
jgclghrn
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Bill said

Wish list: As rates are now so low for "high" interest bank accounts more folks are looking at GICs, to get a little more on funds they can lock up, maybe even just for shorter periods.

There are a couple of sites you might consider linking to for GIC rate comparisons. The Financial Post table allows you to sort whereas the Cannex table doesn't. The Financial Post table doesn't have Hubert but the Cannex one does. As far as special rates go maybe the GIC Discussions Forum topic could be used for members to identify specials they felt were noteworthy as Bill suggested?

Cannex.com
Financial Post

March 3, 2015
2:05 pm
Loonie
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October 21, 2013
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I think Bill has articulated what we'd all like to see, but the logistics are daunting.

It's really hit-and-miss to find some of the promo rates, especially for less-well-known institutions and those that are only accessible locally.

Until we think of something better, I hope everyone will continue to post any attractive rates in the "GIC Discussions" forum.

March 4, 2015
5:09 am
NorthernRaven
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I'm actually playing around with retrieving and comparing foreign exchange rates from various places, mainly to test some programming stuff. I've been tempted to also write a GIC bit for it as well. If I ever do, I'll see if I can turn it into a feed that Peter could put up as a GIC chart.

There's one more source for GIC rates, from the Globe and Mail:

Globe Investor GIC rates

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