Hello Canadian savers. It looks like Ally, the online bank offering Canadians the highest interest rate is no more. They’ve been bought out by one of the big 4 banks – Royal Bank of Canada. This is a disappointment for me and no doubt for many of you because all Ally High Interest Savings Accounts (HISA) will be closed on April 30, 2013.

I had an account with them so I guess now is the time to start researching another alternative. Once I find something suitable I will let you all know.

Happy investing.

Alan out.

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Saturday, March 2nd, 2013 at 4:39 pm
Savings Accounts
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