How many Financial Institutes are you with?
Mainly in regards to Everyday banking, Savings and Investments, not necessarily Credit Cards.
I recently switched over to Tangerine for my everyday banking and plan to use them for the most part including Investing for my TFSA and the small amount of RRSP room I have after my pension.
But once those are filled out, I don't want to be investing all of my money so I can have decent liquidity and less risk on it, however their High Interest Savings are a measly 1.05% whereas I can get at least 1.85% if I put my basic savings at a local Credit Union.
Do most people utilize multiple banks like this? Do you find it makes processing transactions and getting your money more difficult?
I recently switched over to Tangerine for my everyday banking and plan to use them for the most part including Investing for my TFSA and the small amount of RRSP room I have after my pension.
But once those are filled out, I don't want to be investing all of my money so I can have decent liquidity and less risk on it, however their High Interest Savings are a measly 1.05% whereas I can get at least 1.85% if I put my basic savings at a local Credit Union.
Do most people utilize multiple banks like this? Do you find it makes processing transactions and getting your money more difficult?