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The primary product offered by EQ Bank is the Savings Plus Account, a high interest savings account with no monthly fees. All of EQ Bank's products require a Savings Plus Account. At launch the bank attracted customers with an interest rate of 3.0% on its Savings Plus Account. [17] The rate was lowered on April 18, just 96 days later, to 2.25% ...
Royal Bank of Canada (RBC; French: Banque Royale du Canada) is a Canadian multinational financial services company and the largest bank in Canada by market capitalization. The bank serves over 20 million clients and has more than 100,000 employees worldwide. [2] Founded in 1864 in Halifax, Nova Scotia, it maintains its corporate headquarters in ...
In April 2018, the company began offering Smart Savings (later known as Wealthsimple Save), a savings account with a 1.7% interest rate. [33] [34] In July 2022, the site promoted the rate at 1.0%. [35] In January 2020, the company launched Wealthsimple Cash for Canadian customers, a hybrid savings/chequing account offering high interest on ...
The Bank of Canada Building in Ottawa is the headquarters of the country's central bank. Bank of Canada (Central Bank) Business Development Bank of Canada. Farm Credit Canada – Government-owned Farm Credit is not a deposit-taking bank. It is, however, a major lender to the agriculture and agri-food industries.
Savings interest rates today: Put more money in your wallet with high yields of up to 5.33% — August 22, 2024
Registered retirement savings plan. A registered retirement savings plan (RRSP) (French: régime enregistré d'épargne-retraite, REER), or retirement savings plan (RSP), is a type of financial account in Canada for holding savings and investment assets. RRSPs have various tax advantages compared to investing outside of tax-preferred accounts.
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