A 3% interest rate is the best we know of. The EQ Bank may not keep this rate forever but they are a new bank and are clearly using this as a way to attract new customers.
They offer options for no monthly fees and no minimum balances and other things that we like to see. Please note that debit cards are not currently available and this is an online/electronic only bank.
Visit eqbank.ca for more information.
We found Oaken Fiancial’s GIC rates to be decent. We were eyeing the TFSA and RSP options in particular. You can see their rates here and do write in to us if you know of better rates.
It’s the right time to take advantage of a great rate.
Between January 1 and March 31, 2016, you can earn 2.5%* interest on new deposits in these TFSA and RRSP accounts:
- Tax-Free Interest PlusTM Savings Account
- Interest Plus RRSP
With PC Financial, it’s easy to start saving. You’ll earn a great rate on every dollar with no fees and no minimum balance required.
See their website page about this promotional offer for more information.