Savings Accounts
Canada Introduces Tax-Free Savings Account
Monday, July 14th, 2008
The Canadian Federal Government agrees that it’s important for all Canadians to save. And better still, they’ve just passed legislation to let you save without paying tax on the interest you earn. This means that soon all Canadians will be able to save up to $5,000 every year without being taxed on interest earned. This […]
Canadian High Interest Savings Accounts
Thursday, November 22nd, 2007For those of you who are Canucks like moi, you may be interested in knowing which banks offer high interest savings accounts.
Here is the list:
Achieva Financial Achieva Savings (second favorite)
Altamira High-Interest CashPerformer
AMEX Bank of Canada Amex Savings
Bank of Montreal Premium Rate Savings Account
Canadian Tire Financial Services High Interest Savings Account
Citizens Bank Investment Account
Citizens Bank Ultimate […]
Attention savers: Achieva Financial has increased their interest rate
Friday, August 10th, 2007Good day my fellow Canadians. Yes, sorry, this post is targeted to Canadian citizens who are interested in high-interest savings accounts. I just learned that Achieva Financial (one of the banks that I reviewed here) has increased the interest rate on their savings account to 4.35% (per annum).
However Achieva still does not have the highest […]
Highest interest rate savings account available in Canada
Wednesday, July 25th, 2007I bring good news to all you Canadian savers. ICICI Bank Canada has just increased the interest rate on their CAD Savings Account to 4.50% ! This is the highest interest rate savings account available in Canada. Their USD savings rate is not so bad either - 5.0%!
It might interest you to know that this […]
ING Direct Canada summer savings special: Earn 4.25% on your Investment Savings Account
Wednesday, July 18th, 2007Hello folks. This post is mainly addressed to my fellow Canadians. I though I’d let all you fellow Canadian savers out there know that from June 1st to August 31st, 2007 you’ll earn 4.25% on any new deposits you make into an Investment Savings Account.
There are no fees, no service charges, no minimum balance, […]
High Interest Savings Accounts for Canadians
Friday, April 13th, 2007Good day! If you’re a canuck like me and are tired of getting little to no interest on your Canadian Dollar denominated savings accounts, then you’ll be glad you found this blog. Today I’m going to review three of the highest earning Canadian savings accounts available. In my opinion, a savings account that earns you […]