Personal Finance

WealthONE Bank of Canada

  • Last Updated:
  • Dec 11th, 2017 9:19 am
Deal Addict
User avatar
May 7, 2007
3379 posts
676 upvotes
^ ^ ... I called there earlier today .. and REP confirmed it's now 2% ...as of today.

Marketing people's decision.
Newbie
Jun 24, 2015
98 posts
14 upvotes
Toronto, ON
Just opened accounts in Oct for the 2.5% interest rate..... Need to move money out again. Simplicity 3%, Tangerine and TD 2.5%. All of them are better the Wealthone now.
[OP]
Member
User avatar
Jun 23, 2017
256 posts
64 upvotes
Toronto, ON
15june wrote:
Dec 7th, 2017 5:14 pm
Just opened accounts in Oct for the 2.5% interest rate..... Need to move money out again. Simplicity 3%, Tangerine and TD 2.5%. All of them are better the Wealthone now.
The rates you list for Simplii, Tangerine and TD are promotional rates, all with expiry rates within the next 90 days. The common practice among RFD'ers is to move funds to which ever institution is offering the highest rate.
If these promo rates ended today, I'd move my funds to EQ Bank.

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