Best 1 to 2 years TFSA ? | Tax Free Savings Accounts | Discussion forum

I like the quarterly GIC at Hubert too. If you time it right, it also enables you to do the December manoeuvre if you want to when the time comes, by cashing in at nine months. You could put the money in the daily rate TFSA at Hubert until March, then transfer to the one year rate, then by December you're at nine months.

The Oaken 18 month rate is also good.

If it's just for this year's TFSA contribution, I'd go with a FI where you already have accounts. Not worth opening up new one just for this small amount. If neither Hubert nor Oaken fits the bill, I'd wait a bit. There's not much to lose, and another deal is likely to come along somewhere.

AlainJF said

I will most probably move in the next few months, as I typically do the "December trick" by taking 18 months (or something else similar) that puts me as close as possible to end-of-December. The fact that Oaken does not have TFSA account is not ideal, but when it ends close to the end-of-December, it is not a big deal to have it outside TFSA for a little time.  

I think you must have meant that Oaken does not have a TFSA SAVINGS account?
They do, however, have free transfers-out (so far), so that might provide an option. Maybe, by then, they will have a Savings option. They've been around long enough now that five year GICs will be maturing, and they will get the message if we vote with our feet!