Another US to Canada import - 2008 G35s with pics

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May 19, 2008 | 03:07 AM

#46

Asad_A203

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From: Winterpeg, MB

Quote:

Originally Posted by RBull

You should check out the current rates. 4% was a while back my friend. It's 3.05 now (on balances over 1K) plus a tiny anniversary bonus based on your balance $$.

Wow that sucks (thanks for letting me know)! I always vouched for PC Banking because of the high interest rate; but it looks like a GIC at ING Direct might be the best route then?

May 19, 2008 | 08:25 AM

#47

RBull

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From: Nova Scotia, Canada

Quote:

Originally Posted by Asad_A203

Wow that sucks (thanks for letting me know)! I always vouched for PC Banking because of the high interest rate; but it looks like a GIC at ING Direct might be the best route then?

That seems to be one of the higher ones out there but I really haven't really checked closely. I don't buy GICs.

There are corporate bonds paying 5%+ and preferred paying 5%+ with capital gain potential. You also have bankers acceptances if you've got a larger balance $50K+

All of the large banks have lowered these savings rates a lot over the past number of months. RBC was 4% only about 4 months ago and now is 2.75%.