(AB ONLY) 6.70% RRSP/TFSA Until April 30, 2023 - Increases with Prime.
- Deal Link:
- https://www.1stchoicesavings.ca/en/pers ... -rrsp-tfsa
- Expiry:
- April 30, 2023
- Retailer:
- 1st Choice Savings
Similar to the HISA they offered last year this account is linked to prime and will increase with BoC rate increases. So if the rates increase 0.5% on Jan 25 you'll be earning 6.95%!
Unfortunately, unlike the HISA it's more difficult to move RRSP/TFSA funds around to chase higher rates when this deal ends, so not sure if this is as enticing. It also seems you need to book an appointment and their only branches are in the Lethbridge area... I will try calling in tomorrow to see if it can be opened over the phone.
T&C
1. The Promotional Rate of 6.45% is a combination of the Regular Interest Rate paid on Eligible Deposits (1.25%), plus Bonus Interest (“Bonus Interest”) paid on Eligible Deposits during the Promotional Period.
2. In the event of a change in the Prime Rate, 1st Choice Savings and Credit Union will adjust the Bonus Interest rate to match the promotional rate with Prime Rate within 2 business days of the change taking affect.
3. The Promotional Rate of 6.45% interest will be paid on all Eligible Deposits from date of deposit until April 30, 2023. This promotional offer ends on April 30, 2023 at 11:59 p.m.
4. Only Eligible Deposits will qualify for the promotional rate. Eligible Deposits must be Tax Free Savings Accounts (TFSA’s) or Registered Retirement Savings Plans (RRSP’s).
5. The Promotional Rate of 6.45% interest will be paid on all Eligible Deposits from date of deposit until April 30, 2023.
6. Bonus Interest is calculated daily at the current rate on each day’s full closing balance and paid monthly. Regular Interest is calculated daily at the current rate on each day’s full closing balance and paid monthly.
7. Not available for non-registered funds or Registered Retirement Income Funds (RRIF’s).
8. Bonus Interest and Regular Interest rates are subject to change at any time; please speak to a 1st Choice Savings and Credit Union representative for current rates.
9. 1st Choice Savings and Credit Union reserves the right, in its sole discretion to terminate this promotion, in whole or in part, or modify, amend or suspend the promotion in any manner whatsoever.
10. All deposits are 100% guaranteed by the Credit Union Deposit Guarantee Corporation. For more information on the Alberta Credit Union Deposit Guarantee, call toll-free at 1-800-661-0351 or visit http://www.cudgc.ab.ca.
HISA thread:
https://forums.redflagdeals.com/1st-cho ... y-2556148/
Unfortunately, unlike the HISA it's more difficult to move RRSP/TFSA funds around to chase higher rates when this deal ends, so not sure if this is as enticing. It also seems you need to book an appointment and their only branches are in the Lethbridge area... I will try calling in tomorrow to see if it can be opened over the phone.
T&C
1. The Promotional Rate of 6.45% is a combination of the Regular Interest Rate paid on Eligible Deposits (1.25%), plus Bonus Interest (“Bonus Interest”) paid on Eligible Deposits during the Promotional Period.
2. In the event of a change in the Prime Rate, 1st Choice Savings and Credit Union will adjust the Bonus Interest rate to match the promotional rate with Prime Rate within 2 business days of the change taking affect.
3. The Promotional Rate of 6.45% interest will be paid on all Eligible Deposits from date of deposit until April 30, 2023. This promotional offer ends on April 30, 2023 at 11:59 p.m.
4. Only Eligible Deposits will qualify for the promotional rate. Eligible Deposits must be Tax Free Savings Accounts (TFSA’s) or Registered Retirement Savings Plans (RRSP’s).
5. The Promotional Rate of 6.45% interest will be paid on all Eligible Deposits from date of deposit until April 30, 2023.
6. Bonus Interest is calculated daily at the current rate on each day’s full closing balance and paid monthly. Regular Interest is calculated daily at the current rate on each day’s full closing balance and paid monthly.
7. Not available for non-registered funds or Registered Retirement Income Funds (RRIF’s).
8. Bonus Interest and Regular Interest rates are subject to change at any time; please speak to a 1st Choice Savings and Credit Union representative for current rates.
9. 1st Choice Savings and Credit Union reserves the right, in its sole discretion to terminate this promotion, in whole or in part, or modify, amend or suspend the promotion in any manner whatsoever.
10. All deposits are 100% guaranteed by the Credit Union Deposit Guarantee Corporation. For more information on the Alberta Credit Union Deposit Guarantee, call toll-free at 1-800-661-0351 or visit http://www.cudgc.ab.ca.
HISA thread:
https://forums.redflagdeals.com/1st-cho ... y-2556148/
Last edited by asbraich on Jan 27th, 2023 6:12 pm, edited 1 time in total.
