0.75% TFSA Interest Rate

Not only is this the first time I have seen any TFSA Interest rate plan go under one percent, but what an odd combination of banks. PC Financial, RBC and CIBC have dropped its rates to 0.75% as you can see.

Normally all the big banks would follow each other at the same time. I suppose everyone should expect the other banks to follow suit in the near future as well.

One Comment

Schmo  on June 7th, 2009

At least INGDirect is above 1% still. At a whopping %1.35
That is only $1350 interest on $100000 for 1 year. Pathetic.

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