Yeah, but only for new accounts. Otherwise, if you haven’t receive the new promo, it’s 1%… I know it’s less of a darling than CASH.TO, but HISA.NE now offer 5.48% gross - 0.15% +tx fee.
Tangerine extends promotional interest rate offers to existing customers as well. As a long-standing customer myself, I recently benefited from 5.25% offer just last month.
Wow, awesome news. They already extended their previous offer to me (5%), but I haven’t received anything to extend it this time, so let’s hope I’m going to win the rate lottery.
Do Horizon ETFs typically increase their $CASH.TO distribution soon after a Bank of Canada rate increase? I’m curious if you’re familiar with the historical trend behind it.
Yes, they do. It sometimes happens very quickly within a few days, or it’s sometimes a little longer. The increase may not always be equal to the increase in the BoC rate though.
I’ve been using CASH.TO since February 2022.
Yeah, but only for new accounts. Otherwise, if you haven’t receive the new promo, it’s 1%… I know it’s less of a darling than CASH.TO, but HISA.NE now offer 5.48% gross - 0.15% +tx fee.
Tangerine extends promotional interest rate offers to existing customers as well. As a long-standing customer myself, I recently benefited from 5.25% offer just last month.
Wow, awesome news. They already extended their previous offer to me (5%), but I haven’t received anything to extend it this time, so let’s hope I’m going to win the rate lottery.
Do Horizon ETFs typically increase their $CASH.TO distribution soon after a Bank of Canada rate increase? I’m curious if you’re familiar with the historical trend behind it.
Yes, they do. It sometimes happens very quickly within a few days, or it’s sometimes a little longer. The increase may not always be equal to the increase in the BoC rate though. I’ve been using CASH.TO since February 2022.