Best High Interest Savings Accounts In Canada 2024 - Interest Rates Are UP!

[@stephandden]

Do you use a high interest savings account? 👀 Let us know!

[@abijorial]

Hi guys, Is your EQ account in a TFSA or just a regular savings account, due to the tax increment at the end of the year. so do you file t5? hope you respond. Thanks.

[@shubhpatel9277]

I would cover the info on Tax that we have to pay on the interest earned

[@jayeshiyer2347]

Some of these banks ought to be ashamed of calling their accounts "high-interest savings accounts" when they offer minuscule returns 😢

[@anoopch7004]

Correct agree.

[@danjackson4460]

Exactly. All while they making themselves money using your savings.

[@Imm177]

Very true

[@loomonda18]

Really appreciate all of your research and informative videos! I have a question - is there a reason you guys don't switch to a new bank with 4% vs your current EQ 2.5%? I know you said that they've consistently had competitive rates, but there seems to be a bit of a difference between 4% and 2.5% - are you not switching out of comfort as well? Thank you!

[@beatrizcorrea5618]

I’m also curious why they’re opting for a lower interest rate when there are better options. I would like to see their reasoning behind it

[@Lylestyle-DIY]

Do you have a sheet that lists everything you compared in the video?

[@VerveDev]

Great video guys! I believe you forgot to mention that Wealthsimple bumps the interest up to 4.5% when direct depositing payroll of at least $2,000/month

[@stephandden]

Thank you! + thanks for sharing that 😊

[@MrEnky007]

I think you can get 5% if you paycheck deposit 2k/month and have over 100k...

[@dangrather1280]

Only problem is you can’t take cash out from them. I pay for most things in ca sh for now. Until digital currency comes in . Then we’re screwed.

[@LordMizukage_]

Why not with neo if they offer more than EQ? Just wondering

[@jamesl197999]

And I believe with wealthsimple if you have regular deposits of $2,000 from your pay you will get a bonus of 0.5 so total of 4.5% and you don't need to keep $100,000 in your account. Great information thanks.

[@stephandden]

Thank you! 😊

[@Kreighzey]

Clarification for Wealthsimple Cash account, you don’t actually need 100,000$ in the cash account to get the 4.5% interest, you can have it across ALL your accounts (TFSA,RRSP,etc). Same applies for the 500,000$ one.

[@stephandden]

Amazing! Thank you 😊

[@Paws_RC]

If you are going to clarify, WealthSimple Cash account is NOT a savings account, it is a prepaid credit account that earns interest.

[@vhateverlie]

It's 4% if you have less than $100,000. Add +0.5% if you have paycheck direct deposit on making over $2k/month take home. And it caps out at 5% max.

[@mocha.7777]

Also it’s not $500k for one person, it’s for a household - let’s say if a couple have a total of $500k they can reach out to have their accounts linked and both upgraded to Generation, to enjoy the 5% in Cash account.

[@davidg11134]

@@Paws_RC still better then the big banks , 4% back on what money you have in it

[@phaldaz]

Beautiful summary guys, im with Tangerine with there 'lottery' style 5+% savings rate, i specifically tune into 'Red Flag Deals' forums where people across Canada post whenever they get rates and we all kinda discuss there 😅... One recomnendation is please consider adding a graph AFTER presenting all these rates showing the growth of $1K after a year (as you said). It will make us visual learners appreciate it more + its easier to share and spread your channel to other folks when they see your namr and graph easily presenated. Cheers!

[@stephandden]

Thanks so much! + thanks for sharing and for your suggestion - we’ll keep that in mind for future videos 😊

[@MartinMcClellanGT]

A little detail to correct is that Wealthsimple Cash card isn’t a Visa card anymore but Mastercard and is a debit card .

[@SubtainRathore]

is there w draw back in opening high interest savings account until the promotion and then move to a new bank with better rate, is there any hit to your credit score or record if you close the previous savings account?

[@GTennekone]

I use CASH HISA ETF in my TFSA.

[@whitelovenice]

Thanks for your video. I have questions. I have been work in canda for 3 month I am temporarily worker. Can I open account with this banks? Could I have problems with pay more taxes?

[@tedbattye7399]

Hey Steph & Den. I’d love to see an episode dedicated to moving all bank accounts away from the big 5 and into WealthSimple or Neo. Thanks, enjoy the channel.

[@llama2301]

Hello! I'm about to open a TFSA account to start investing in stock ETF and was wondering if you guys still fully in VEQT ETF? Should i diversify? Also, let's say one day I max out my TFSA ( long ways from it since I have 0$ at the moment in it ) and withdraw the full about, does it mean my TFSA room is reset the following year, or will I only be able to get whatever the amount is for that new Year? ( example ; Make 95k in TFSA, widthdraw 95k. the following year, do i have 95k + new amount for the year of room, or only the new amount for the year? ) hope whatever i'm trying to say makes sense. I tried googling it and all it says is the TFSA room is reset in the new year.

[@priscaonyebuchi7403]

The following year you’d have $95k + new amount. I hope this helps

[@adsimal]

For the WS Cash account you don't need $100,000 to access the 4.5% rate. I definitely don't have that much in there haha, but I have the 4.5% rate because I have my paycheque direct deposit going in there.

[@stephandden]

Thanks for sharing that! 😊

[@CptShotta]

also its between all accounts i believe for those rates. If you have 500k with WS.

[@smallmj2886]

@@CptShotta Exactly, the 100k and 500k minimum includes all investment accounts.

[@kaizokud42]

I have a question. I guess the interest would be added to the income tax, right? How do you manage the tax filing? Does WS provide you a additional form?

[@anthonya.s2406]

If you plan on keeping your money with TD/RBC better to open a brokerage account with them and buy the investment savings account which pays around 4.55%-4.7% and is CDIC insured

[@fredericmazzola7725]

Hi, thanks for your videos. It's really clear and interesting. Just a note that EQ Bank High Saving account at 4% is a promotional offer, for 12 month max. Not a permanent one. I wanted to open an account and read the details. After that period it goes down to 2.5%.

[@stephandden]

Thank you! 😊

[@chandeepsharma6147]

Hi, does opening a new checking account or a high interest savings account with Simplii result in credit checks? Would they be soft or hard?

[@stephandden]

As a resident of Canada you have the right to open a bank account regardless of your credit status. This means there’s no credit check required to open a bank account, so you should be good to go with Simplii 😊

[@VlCEGRlP]

Can you guys make a video on buying american stocks as a canadian?

[@stephandden]

Yes, we can add that to our video ideas list! 😊

[@laselecta9012]

I’m with Vancity a credit union. Should I make the switch ?

[@g4ly477]

Great video!! Is it possible for me to have a savings account with a platform that's not my main one? Let's say i'd like to open a savings account with wealthsimple on the side?

[@stephandden]

Absolutely! You don’t have to have all of your accounts with the same financial institution 😊

[@assihassan]

can you guys do a new video about cash back credit cards? and how to get the most out of them please?

[@stephandden]

Yes, we can add this to our list! 😊

[@AdrianAndre]

Can you do a video explaining how gic vs mutual funds words. Also comparing against different banks in Canada

[@bristideb8257]

I'm debated between Neo and EQ bank. it'll be my first HISA I open outside of the big banks. are the interest earnings received with tax deductions or are you taxed at the end of the taxation year? Also, for either of these, does a physical card get mailed out?

[@DanWalshTV]

Yes, all interest earned is taxable income and you will receive a T5 at the end of the year. Also yes, both EQ and Neo (as well as Wealthsimple and KOHO) will mail you a physical card.

[@iitbftw]

If you have room in your TFSA, you can buy CASH, and get 5% interest without having it get taxed.

[@RUBY-zi2ug]

please. explain?

[@stephandden]

Yes, that's an option if you'd like to go that route - thanks for mentioning 😊 A few things to note for anyone looking into this - buying an ETF like 'CASH.TO' gives you comparable rates to a HISA, however remember that as it is an investment, your money wouldn't be CDIC insured. Additionally, once you do have enough money to max out your TFSA, at that point you may want to consider using your full contribution room for investments that offer the potential for a higher return.

[@Realcarlos]

What’s eq banks age requirement? Thanks

[@Krish._b-kb]

The age you are considered an adult in your province

[@giselezomerrossi3855]

do you guys have the link about BMO interest savings account sale until may 31?

[@DanWalshTV]

Nice video but a few things: the example interest earnings are not factoring in compound interest, which will even further separate the Wealthsimple/KOHO/Neo/etc crowd from the traditional big banks and their pathetic rates. Regarding Wealthsimple, you can get 4.5% interest without any minimum balance or fees simply by setting up direct deposit with them (this puts them ahead of Motive/Saven as far as no-fee HISA rates), furthermore, the 100k and 500k balances to hit 4.5% and 5% interest respectively is not your Cash balance but your total combined balance of all your accounts with Wealthsimple (including any TFSA, RRSP, non-registered accounts, etc). So you could have 500k invested in stocks/ETFs/options/crypto and still benefit from a higher interest rate on your Cash account with a much smaller balance.

[@melissagreye8445]

I think Wealthsimple cash account allows 4.5% interest if you deposit 2k month from your pay.

[@itz.mariavicz]

also, I thought EQ went up to 4% again as of maybe a few weeks ago? did it not apply to all their accounts?

[@stephandden]

We covered this in the video at 7:38 😊 it’s up to 4%, but with conditions!

[@itz.mariavicz]

@@stephandden ohh oops, might've missed that part! Thanks guys! Sorry about that lol

[@itz.mariavicz]

But it's weird cuz there was some communications sent out that the 4% was effective as of a few weeks ago, but I might've not read the fine print in that email

[@Erowen203]

I was offered 6% interest. Forget when it began but ends May 31st with Tangerine. Keeping shopping and trading up as long as there are no transfer fees

[@itz.mariavicz]

just moved over my income to be coming in to my EQ bank (80%) and then the rest to be deposited into my regular big-bank account, so there's still something in there for automatic withdrawals. always loved your videos and have helped me to make this decision!

[@stephandden]

We’re happy to hear that! So glad our videos helped 😊

[@loomonda18]

Do only big banks do automatic withdrawals?

[@melissagreye8445]

@loomonda EQ bank and Wealthsimple give you a card to use at any big bank ATM . EQ Bank will refund your account the ATM fee.

[@itz.mariavicz]

@@loomonda18 no, you can set up automatic withdrawals from wealth simple also..

[@loomonda18]

@@melissagreye8445 thanks!!

[@brianlau7827]

TD had a personal offer for me to open up a HISA and get a cash bonus of a certain tier if I transferred a certain amount from another financial institution to the account and maintained it for 180 days. But as explained in the video, you're kinda locked in at $10K if you want to continue earning the 1.85% interest rate and if you go below a single cent, you're not getting anything at all. When you're locked in, you lose the liquidity of your money and how you can use it, so I'm pretty hesitant with going ahead with the offer. Plus, I had just migrated from HSBC to RBC and RBC decided to give all former HSBC clients the 5.5% interest rate for 3 months.

[@sallong9894]

why TFSA or just a savings account? what's the difference?

[@SadGuyLuke]

You don’t pay taxes on interest earned in a “tax free savings account” but there are contribution limits

[@daifuruta581]

Hello, thank you for making this video, I am searching for a high interest rate saving account and considering to use WS since I opened TFSA account and why not use this company. Question, I am bit confused about High interest rate cash account and high interest rate chequing account which account is similar to high interest rate saving account? I am planning to transfer from BMO saving account to WS. Thank you for feedback

[@shaannajac]

Good info. btw iA has High Interest Savings Account for 4.45%. May not be insured by CDIC.

[@stephandden]

Thanks! 😊 Also, it might be a good idea to take a deeper look into the details of the account. iA along with other insurance companies have been known for predatory practices in the past. Mixing insurance with savings and investments usually isn’t a good idea.

[@danderson5084]

However "high" the rate is, keep in mind that up to half of what you get will be paid in tax depending on your tax band.

[@_Matt_Matt_365_]

You guys did my research for me! Saved me a whole day! Thanks so much!

[@stephandden]

We’re so happy to hear that 😊 that’s our goal!

[@halogenguy]

Do the promotions apply to current clients as well or only new clients?

[@stephandden]

It depends on the financial institution / platform, and what the promotion is - it should state that on their respective websites, though 😊

[@dwights1024]

Tangerines been doing a 5-6% promotion on interest for the last 2 years

[@stephandden]

It looks like they just brought it back (after we’d filmed this vid!) for the savings account - when we checked, the promo was only for registered accounts! Glad to see they have it again 😊

[@yuvaraajas]

Manulife advantage account was not mentioned in your list. Is there a reason. I see manulife give 5.75 for 4 months. Is this a good bank to consider?

[@OpticHamster69]

So I'm currently with TD and have Wealthsimple, so should I throw a bunch of money into the Wealthsimple cash account? I'm new to stocks and all this sort and have no idea what I'm doing

[@EricChu-g9w]

EQ Bank is my favourite! I like the interest rates and the 'Any ATM' bank card. The second is Tangerine, because it's backed by Scotia bank😁

[@5hrsbefore1998]

you guys are awesome. transparent and well researched, covering things folks should already know but often don’t

[@stephandden]

Thank you so much 😊

[@parmindersamra5235]

Any Canadian finance book recommendations for beginners?

[@cornflowertoile3026]

Here’s a couple, Investing For Canadians for Dummies 4th edition, & Stock Investing for Canadians for Dummies 6th edition, & RRSPs & TFSAs for Canadians for Dummies.

[@jackieqiu7139]

Hi Steph & Den, I have a question for you Wealthsimple investing journey. Did you ever sell/transfer your assets from your roboadvisor account to your self-directed account or did you leave it to sit in there?

[@stephandden]

Hi! Yes, I (Steph) transferred my portfolio from Wealthsimple Invest to Trade, instead - I talk about it in detail in our video called ‘Wealthsimple Invest Portfolio Results After 3 Years’ 😊

[@tonyk6154]

wait great video but i have scotiabank and i dont get charged for etranfers

[@jefframos]

What to do when hits 10% inflation rate?????????

[@stephandden]

If that ever happens, we’ll definitely have a video updating you! 😊 But in general, when the inflation rate goes up, interest rates at banks go down in order to encourage us to spend more. That means that there isn’t really an incentive to keep as much money at the bank.

[@sinthus8733]

For the meridian credit union -I thought they were cdc protected ? Can you please explain this more ?

[@stephandden]

Provincial credit unions (like Meridian - it’s Ontario specific!) aren’t protected by CDIC - but, they’re protected by the FSRA (that’s the Financial Services Regulatory Authority of Ontario, specifically). The FSRA provides coverage of non-registered insurable deposits, such as a chequing or savings accounts, up to a maximum amount of $250,000, while deposits in registered accounts, such as RRSPs or TFSAs, have unlimited coverage (per their website) 😊

[@jhunlenardenero7631]

Love my EQ! Been using it for 2 years now since i learned it from your last video!

[@stephandden]

Amazing, we love to hear that! 😊

[@Jevinrandhawa]

Any finance book recommendations??

[@swandizzle_]

“I will teach you to be rich” really really good. FYI it’s US based so some of the investing info might be different but the rest is great!

[@jasonc3438]

DO I HAVE TO PAY TAX FOR WHAT i EARNED FROM EQ?

[@stephandden]

Yes, the amount you earn is added to your taxable income at the end of the year 😊

[@alexng7977]

Actually for wealth simple, it is 100k or 500k total deposits in all accounts, so that includes TFSA, RRSP, etc. I currently have just over 100k in total deposits in total for my TFSA, RRSP, FHSA and cash and i receive 4.5% interest on my HISA cash account and you get a free USD account :)

[@stephandden]

Congrats on having that amount saved up! 👏🏿👏🏻

[@Invizable99]

Interest rates for HS in Canada are at 1.5% why should I leave money in my account, other banks lend their money at 4.5% but if I put my money in gold at 2500 an ounce and everything crashes , I could cash out at 25% ??

[@shyamramachandran6940]

Is there a summary table?

[@stephandden]

It’s on our website - we have a blog post detailing all of the accounts 😊

[@bright6155]

wow this was the best video on this, answered all my questions!! thanks

[@parthkolcha5592]

Is there any way, to open High interest savings account under TFSA. So, we can Cash those interests Tax Free ??? As in the end, we have to fill tax on the money earned from this Account

[@SavenFinancial]

We do! Our HISA and TFSA are at 4.20%.

[@stephandden]

Some financial institutions / platforms offer high interest rates on cash held within a TFSA, as well - so you could absolutely do that! Ideally, you'll use your TFSA to invest (as that's where you benefit from the tax-free piece the most), however it is an option, especially if you haven't maxed out your TFSA yet.

[@markpabu1478]

quick question about EQ. I hear that the interest rate gets paid monthly. so 1st if the closing balance is $1000. We would get paid that month $25. then the following month with a closing balance of $1025, we could get a 2.5% interest rate based of the $1025? Have you guys been getting your interest monthly or annually?

[@lightspeedzmeltanz7112]

Coast Capital?

[@majtales]

why don't you move your HISA from EQ to other digital banks with higher interests?

[@stephandden]

We're actually using Simplii Financial's HISA at the moment (they have a 6% promo rate for five months) 😊

[@cindywilburn5002]

Does Neo and koho do a credit check for this? Can you do a video on koho.

[@nataliap4153]

Yes, Neo does a credit check

[@DanWalshTV]

@@nataliap4153 For their credit card, yes, but this video is regarding savings accounts and no, Neo does not perform a credit check to open their 'Money' or 'High Interest Savings' accounts (which is what is discussed in the video).

[@ronaldolpenda]

im a husband of an international student here in ontario canada. am i allowed to use ws or cannot?

[@camilabousquet]

I’d love to see a version of this video for business bank accounts. 😄

[@stephandden]

Thank you for the suggestion! 😊

[@skyrace4306]

missing: (posted on July 27th '24) DUCA 5.5% 6month, cashable (at 5%) Motive 5.75% 4month, non-cashable yes, not technically a HISA, but the DUCA is functionally identical due to the cashable option.

[@PrestigeSpizzy]

NEO. there's no comparison out there.

[@stephandden]

We love Neo!

[@nickistlouis]

Great content. Thank you!

[@jordankennedy5196]

Great video, as always! Regarding WealthSimple, you get the 4.5 % interest on the savings account when you have $100 000 in assets on their platform. This can be your TFSA, RRSP, stocks, the savings account, etc. combined. The money doesn't have to exclusively be in their savings account. Cheers!

[@stephandden]

Thanks so much!

[@Zeilous]

I think you missed the HISA with DUCA credit union - currently 5.25% interest (subject to change), available only to Ontario residents and deposits are FSRA insured like other credit unions.

[@stephandden]

That one didn’t come up in any of our research! Do you use this one yourself?

[@ludo_]

I think Saven is also only available to ON residents

[@sheratoncadwell]

5.25% at DUCA credit union

[@KaylaReyes1]

For WS Cash, as long as you have $100k in investments or cash, then you will unlock 4.5% so the $100k doesn't need to all be in Cash. If you invest with WS, then it unlocks that 4.5% pretty quickly.

[@FillupOnSilver]

Beautiful BC here thanks for your great videos. I have reg dinosaur bank BMO but have EQ Bank as well and keep all my extra money in TFSA not savings regular or hisa mainly because their taxable accounts, not tax free. All my income runs thru my TFSA accounts be it EQ Bank or Wealthsimple, and you don't lose contriubution or gains room. Bmo chequing have to keep $4000 in at all times to save on charges but pays no interest but wouldn't want them paying interest as it's useless taxable interest. lol

[@Jibril_Abdulkadir]

Great video guys learn a lot from yall 😂

[@stephandden]

Thank you so much! 🙏🏿🙌🏻

[@ManrajSandhu23]

TLDR; TD = 1.8% (if minimum bal is 10000$ ) otherwise 0% CIBC = 0.65 % Scotiabank = 1.3% BMO =1.9 % RBC = 1.7% Wealth Simple = 4% or (if mab 100k+ or 2k Direct Deposit)= 4.5% EQ = 2.5% NEO = 4%

[@BlaiseCyuzuzo]

Why isn’t anyone talking about Koho

[@avicanadian]

I am getting 6% from tangerine as of now for 5 months promotion. Once this ends, I ll move my money somewhere else

[@stephandden]

Love that you know the promotion details and are going to move your money when it ends 👏🏿👏🏻

[@derangedone13]

Your TD ePremium amounts are wrong. It's $0 if you have $1000 (that's correct), but you also said it would be $0 if you had $10,000 in the account and that is wrong. $10,000 nets you the 1.85% rate, so you'd earn $185 (well, since it compounds daily and pays out at the end of each month, it would actually be slightly more since you're earning the 1.85% on the previous months of earned interest, but I'm too lazy to do that math right now.) 😊

[@stephandden]

Good point re: the $10,000 😊

[@AK86K]

Thank you for this great video !!!

[@stephandden]

Of course! Thank you for watching 😊

[@sheratoncadwell]

5.25% at DUCA credit union

[@stephandden]

👏🏿👏🏻

[@KrazEWillY]

currently maxed tfsa so using a high interest account to save for a house down deposit

[@stephandden]

Amazing! 👏🏿🙌🏻

[@vhateverlie]

Nah, FHSA. Gives you RRSP tax benefits for $8k/year for up to $40k that you can put towards a down payment on a house.

[@KrazEWillY]

@@vhateverlie after TFSA and fhda maxed out then us le hisa?

[@vhateverlie]

@@KrazEWillY probably RRSP's first to lower your tax liability then finally a personal non-registered account which would be your high interest savings account or a generic investment account with stocks and bonds.

[@Ajibolaa]

Funny I was just thinking about this since my bank only pays me 1.3% this video feels like it got sent to me by the gods thanks guys. ❤

[@stephandden]

We love that timing! 🙏🏿🙌🏻

[@facts_with_freddie]

Great video! Thanks for the information, it’s always a pain looking through all the high interest saving accounts and seeing which ones have the highest rate!👍

[@stephandden]

Thank you! That’s what we’re here for 😊

[@jimmbboe]

I have an EQ account that I use for emergency fund/temporary parking spot.

[@stephandden]

Amazing 😊

[@reatygtyuip]

You guys are a gem 💎

[@stephandden]

🙏🏿🙏🏻 thank you!

[@SmoothBrownMan]

Really nice vid. As a suggestion, check out Ari Gutman. You might already know him, as he's a noted Dividend investor. My style is allot like his. You both being in your 20's will probably benefit!!

[@stephandden]

Thanks! We’re focused more on the growth of our portfolios as opposed to income generation through dividends because we’re young 😊

[@coachassumpta9642]

Motive financial has been 4.1% likes forever - guys don’t sleep on that one

[@marlaabusmas1848]

I freaking love your videos. Keep it up!

[@stephandden]

We love to hear that! Thank you! 🙏🏿🙌🏻

[@deo9667]

I’m gonna keep chasing those promotion every year to stick it to those bankers . Loyal doesn’t pay. If I keep moving bank to new saving account every year, assuming with promotion I should average over 3.5% yearly

[@stephandden]

Love to hear it 👏🏿👏🏻

[@UltimaWeaponz]

Not sure if other people agree, but having that slide for gains on 1000 and 10000$ is a waste of time, specially when you do you it for every bank. Maybe it would have been better to show a table with similar banks and their respective interest rates. Anyway, just a few suggestions to avoid redundancy, I found myself skipping through most of the video.

[@stephandden]

Thanks for your feedback 😊

[@RouRoro]

Morning Steph!

[@stephandden]

Good morning! 😊

[@schwungsau2]

wrong information, wealth off 4.5% if have 100k with wealthsimple combined incl investment account etc… (or 5% or have 500k invenstments), no need for 100k in just cash.

[@raizingbarzbullies7078]

great video :)

[@stephandden]

Thank you! 😊

[@Figgy20000]

Its sad and insane how horrible brick and mortar banks are. They will quickly become a thing of the past once people learn financial literacy

[@vinaymuthyapu]

3:50 title is CIBC but the text shows TD ePremium savings account 🤷🏻‍♂️ …

[@stephandden]

Oops! Small editing error 😊

[@stacy-annmorgan6685]

RBC is weak in interest payments my physical bank. I have both online banks and physical ones. I keep most of my savings online banks better interest. Good video to show what’s out there. Don’t stay loyal to banks who give you nothing.

[@stephandden]

Thank you! 😊

[@aaronballantyne]

Your take on Wealthsimple is wrong/misleading. You can get a 4.5% interest rate if you have over 100k of assets with wealthsimple across all accounts (eg, RRSP, TFSA, Cash Accounts, Crypto), not just 100k sitting in the cash account. Same goes for that 5% rate with 500k invested across all accounts, not just the cash account.

[@stephandden]

Yes, we've addressed several comments mentioning this 😊 thank you!

[@chrismatthews133]

I understand people make videos for content...High intrest rate bank accounts is very bad advice in my opinion.....Anything over 50$ intrest is considered income...Which therfore in canada you get what is called a t5 for income tax purposes which u have to claim....A TFSA GIC non redemable is your best investment if you can put money away for a year or longer...No t5 and dont have to claim as income....No brainer...

[@tommyngongo8024]

Love the vids guys keep it up 😁

[@stephandden]

Thank you! 🙏🏿🙌🏻

[@AcrobaticlCow]

The real ones are in the comments. Going to go to bat for Wealthsimple but ya'll out in force

[@stephandden]

Seriously out in force! 😂

[@test-rb1tz]

the statistics for money earned per 100 and 1000$ is a pretty useless statistic, why not just have side by side comparison of the interest rates to show how each one is

[@stephandden]

Thanks for your feedback 😊

[@patrickmcallister7100]

Stay away from Meridian

[@folktalesofbeninlegends]

These people never reply

[@stephandden]

We reply to the majority of our comments 😊