Quick update on current bank promotions
Got some cash and evaluating where to put your money?
Here’s a short summary of my recommendations as of July 2019.
Bank | Promotion |
---|---|
Simplii Bank | 3% on new deposits until Oct 2019 |
Tangerine Bank | 2.75% on a new savings account for 6 months |
EQ Bank | 3% for a 3-month GIC |
Why do I recommend these? Because they are no-fee institutions.
If you already have a Simplii / Tangerine account, then my recommendations don’t really help you. Instead, you can check out the FULL LIST of promotions.
And if… just if… there isn’t a promotion to your liking, there is always EQ Bank with their 2.3% base interest rate.
Happy banking! :)