I was thinking about 1.75% but lazy to call in to move to TFSA, so the Motive TFSA rate also is changeable at any time?
JamesW84831 wrote: ↑ Motive isn't living up at all to it's reputation/niche as being the bank for savers. TFSA rate has dropped 0.85% in 7 months. Unacceptable.
March 10: 2.4 --> 2.2%.
May 12: 2.2 --> 2.05%
July 27: 2.05 --> 1.75%
October 9: 1.75% --> 1.55%
I have roughly $30k in the account. Seemingly everytime I get above $40/month in interest the rate drops.