Personal Finance

Official RFD thread for Tax Free Savings Accounts (Updated 2019-OCT-06)

Deal Addict
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Jul 12, 2005
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Stoney Creek
Thinking of signing up with Achieva for both a "regular" Savings account and a TFSA savings account. I have a cheque to deposit to the regular savings account, then I'm going to transfer a portion of that to the TFSA account. Will that be fairly painless?
[OP]
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Dec 17, 2008
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Winnipeg
aweawea wrote:
Nov 28th, 2018 7:52 am
Sounds like it should work out for you. I'm also curious if you will get the $1.00 Green for Green monthly benefit for EACH account, or just 1 of 2?
You only get it once
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Deal Addict
Nov 10, 2018
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HSBC TFSA is at 1.15% now.
For legal topics and discussions, the opinion, guidance, and thoughts provided are my own and are not considered to be legal advice, in any manner.
Deal Guru
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May 8, 2009
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Leask
h00ch wrote:
Nov 27th, 2018 10:45 pm
Thinking of signing up with Achieva for both a "regular" Savings account and a TFSA savings account. I have a cheque to deposit to the regular savings account, then I'm going to transfer a portion of that to the TFSA account. Will that be fairly painless?
Shawguy wrote:
Nov 28th, 2018 9:46 am
You only get it once
+1

And Achieva Financial is by far the easiest sign-up I've ever done.
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DUCA thread | Simplii Account Linking | Make CCTS Claim | Max on Koodo Referrals Thread
Deal Addict
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Jan 4, 2009
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on the links
Motive is now up to 2.4% for TFSA savings account
Deal Addict
Nov 11, 2004
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Ottawa
TFSA dollar limit
2019 $6,000
Hello
Deal Addict
Nov 11, 2004
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Ottawa
titaniumtux wrote:
Dec 6th, 2018 9:22 am
Above what you had already...
Great news for all!
Hello
Deal Addict
Nov 10, 2018
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Hubert/Implicity/Achieva have the best TFSA rates as per this thread without any transfer fees.

Which one is preferred? My immediate thoughts are which ones can be setup with an external account and can push and pull? Can someone pls point me in the right direction?
For legal topics and discussions, the opinion, guidance, and thoughts provided are my own and are not considered to be legal advice, in any manner.
Deal Guru
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Leask
angryaudifanatic wrote:
Dec 6th, 2018 11:09 am
Hubert/Implicity/Achieva have the best TFSA rates as per this thread without any transfer fees.

Which one is preferred? My immediate thoughts are which ones can be setup with an external account and can push and pull? Can someone pls point me in the right direction?
Achieva Financial for the WB via referral and the free loonie every month for going paperless.

Implicity will probably remain on par with Achieva and Outlook for rates. Hubert has best me to me transfers, but meh.

Opportunity cost. Keep small balance at Achieva in TFSA and big balance at SCU. SCU better deal than IdealSavings now.
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DUCA thread | Simplii Account Linking | Make CCTS Claim | Max on Koodo Referrals Thread
Deal Addict
Nov 10, 2018
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Can someone pls point out to me if you can push from Hubert to Tang?
For legal topics and discussions, the opinion, guidance, and thoughts provided are my own and are not considered to be legal advice, in any manner.
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May 8, 2009
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Leask
angryaudifanatic wrote:
Dec 6th, 2018 11:23 am
Can someone pls point out to me if you can push from Hubert to Tang?
Yes you can. And you can push Tang to Hubert. You can push from most CU's and most subsidiary banks.
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DUCA thread | Simplii Account Linking | Make CCTS Claim | Max on Koodo Referrals Thread
Jr. Member
Oct 21, 2018
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titaniumtux wrote:
Dec 6th, 2018 11:17 am
Achieva Financial for the WB via referral and the free loonie every month for going paperless.

Implicity will probably remain on par with Achieva and Outlook for rates. Hubert has best me to me transfers, but meh.

Opportunity cost. Keep small balance at Achieva in TFSA and big balance at SCU. SCU better deal than IdealSavings now.
Hubert has the 2.95% quarterly gic that is redeem able. Tfsa eligible. Lose interest for any quarter you terminate early. Quit in 7 months, get int for 6 months.
Last edited by JeffH60919 on Dec 8th, 2018 6:41 am, edited 1 time in total.
Deal Addict
Nov 10, 2018
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So with Hubert, if I only setup a TFSA, then every single push/pull is considered a withdrawal and contribution then. That's pretty....interesting. What do you all do? Just setup the one TFSA, or do you setup a TFSA + savings?
For legal topics and discussions, the opinion, guidance, and thoughts provided are my own and are not considered to be legal advice, in any manner.

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