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Email this6:45 am
December 20, 2016
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From email received this morning:
As of October 2, 2026, your WealthONE TFSA High Interest Savings Account will earn:
3.00% annual interest from the first dollar deposited
No minimum balance requirement
No monthly fees
No lock-in period
Continued access to your funds whenever you need them
8:43 am
January 12, 2019
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.
Hmmm ... I can't find where it says that ⬆️ on their website. 
- Dean
" Live Long, Healthy ... And Prosper ! "
9:10 am
May 15, 2007
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If you scroll down at https://www.wealthonebankofcan.....gs+account you'll find a section "Registered High Interest Savings Accounts." where is shows 3.00% for the RRSP and TFSA.
3:21 pm
September 7, 2018
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Wonder if WOB has improved its financial situation - it had never turned a profit in the statements that were on the OSFI site - but since it became a private bank, the financial statements are not available. Would be interesting to know if they have turned the corner and are profitable.
4:11 pm
August 29, 2019
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I got the same email this morning. 3.00% on HISA regardless of the balance.
4:15 pm
January 12, 2019
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Peter said
If you scroll down at https://www.wealthonebankofcan.....gs+account you'll find a section "Registered High Interest Savings Accounts." where is shows 3.00% for the RRSP and TFSA.
And all I had to do was Scroll Down ... My Bad
.
canadian.100 said
Wonder if WOB has improved its financial situation - it had never turned a profit in the statements that were on the OSFI site - but since it became a private bank, the financial statements are not available. Would be interesting to know if they have turned the corner and are profitable.
Until then ... Beware of W1BoC‼️
- Dean
" Live Long, Healthy ... And Prosper ! "
6:04 am
November 8, 2018
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Deposits in Wealth One Bank of Canada are CDIC insured, so I am not sure why would it matter for an account holder if that bank is profitable or not.
7:45 am
February 20, 2013
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Lamaison said
I got the same email this morning. 3.00% on HISA regardless of the balance.
The email refers to TFSA at 3.0% but if scroll down says on HISA also. However on website need $25000 plus for 3.0% on HISA
8:43 am
January 12, 2019
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Alexandre said
Deposits in Wealth One Bank of Canada are CDIC insured, so I am not sure why would it matter for an account holder if that bank is profitable or not.
But that CDIC Insurance maxes out at at measly $100K (almost Chicken Feed these days).
And why wouldn't someone be Extremely Wary when considering dealing with an FI that after 10 Years, it 'Still' can't make a profit ... or even break even ⁉️
Too many people are being blinded by W1BoC's high rates. I'd give it another 2-3 years, and then it's all going to Implode❗
- Dean
" Live Long, Healthy ... And Prosper ! "
