Topic RSS1:00 am
February 7, 2019
Offlinesuburbs4life said
was unlucky and I just got this tiered rate starting july 1st.til dec 31st. Rate starts at 2% up to $49k and so on. Brutal.
I was "honoured" to be "blessed" with Tiers on Dec 10. That remains in effect until Sep 30.
Then my spouse got a more traditional 4.25% offer on Apr 7 which expires Jun 30. She received a Tier via email yesterday to be in effect Jul 1 to Dec 31.
At least it's a much better Tier: 2.0/2.5/3.0/3.5% vs mine @ 0.35/0.75/1.75/2.25%.
| CGO |
5:53 am
September 30, 2017
Offlinehwyc said
Tier rates apply to eligible savings account from MA01 until OC31, 2026Rate Total Daily Balance
2.75% $0-$49,999
3.00% $50,000-$99,999
3.25% $100,000-$499,999
3.50% $500,000+We’ll calculate your total balances across all your eligible savings, chequing, and *investment accounts ACB* and apply your tiered rate to your existing eligible registered and non-registered savings account(s) on a daily basis, and paid monthly
Finally my 1st time … lucky me!
And a one time maneuver to leapfrog the total balances ...
My original intention was to reduce market exposure. I switched my RSP investments in from the Balanced Portfolio to Balanced Income Portfolio. Lo & behold, the *gain* from the old become the *cost* of the new!
As a result, I am also closer to cross the next tier threshold 
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