High interest rates for savings, GICs and MMFs (2014)

Banking and Saving strategies, maximizing interest rates, budgeting, GICs, HISAs.
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broke
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Location: atlantic canada

Re: High interest rates for savings, GICs and MMFs (2014)

Post by broke »

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Benchwarmer wrote: In my case, I am thinking of transferring my Peoples Trust TFSA to savings, and if the rate does in fact drop to 2.5% in January,......
There are no transfer fees with peoples trust TFSA. Yet.
One of the last hold outs.
bullet # 4
http://www.peoplestrust.com/high-intere ... s-account/
or FAQ 11 on TFSA questions here
http://www.peoplestrust.com/high-intere ... ount-faqs/
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queerasmoi
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Re: High interest rates for savings, GICs and MMFs (2014)

Post by queerasmoi »

The no transfer-out fee is definitely a nice perk at PT. Conceivably if I wanted to push some of my TFSA cash into Questrade off-season I could arrange that transfer without either party charging for it. The reverse direction would cost though.
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