Tax Free Savings Account » Ally http://www.taxfreesavingsaccountplan.com Canada TFSA Information Fri, 01 Jan 2010 21:53:40 +0000 http://wordpress.org/?v=2.8.6 en hourly 1 Free $50 Fee Credit For Transferring Your TFSA To Ally http://www.taxfreesavingsaccountplan.com/2009/12/11/free-fift-dollar-fee-credit-for-transferring-your-tfsa-to-ally/ http://www.taxfreesavingsaccountplan.com/2009/12/11/free-fift-dollar-fee-credit-for-transferring-your-tfsa-to-ally/#comments Sat, 12 Dec 2009 00:24:55 +0000 TFSA http://www.taxfreesavingsaccountplan.com/?p=302 I was just sent this e-mail about an offer from a financial institution called Ally. From what I read, they are offering TFSA account holders with other banks up to $50 to switch to them in order for you to recoup any transferring fees that your bank may charge for the switch.

I suppose the biggest incentive is that if you were thinking of switching it looks like they offer one of the highest interest rates at 2% atthe moment. I have personally never tried this company myself. However, I figured there are probably a lot of people that are looking for options and this may be one of them.

I’m not sure if someone in-the-know wants to clarify this too, but to my understanding the $50 is to simply recoup any transferring fees as opposed to simply getting a free $50 for transferring the account.

Apparently the offer ends at the end of this month:
http://learn.ally.ca/transfer/

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