Highinterestsavings - highinterestsavings.ca - Canadian High Interest Savings Bank Accounts
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Mortgage renewal considerations: principal prepayment privileges and collateral mortgages 18 Aug 2013 | 01:42 am
When your mortgage term is up for renewal, there is no shortage of factors to consider. Variable vs fixed, interest rate, and term length are the headline details. Beyond those aspects, there are quit...
Review of OAS and strategies to reduce impact of the OAS clawback 18 May 2013 | 10:48 pm
Written by Anonymous Old Age Security (OAS) benefits are available to anyone in Canada 65 years of age and older as long as they meet specific residence requirements. You do not need to be retired and...
Tax Free Savings Account year-end tips 20 Dec 2012 | 05:53 am
The end of the calendar year is a good time to think about Tax Free Savings Accounts (TFSA) for a couple of main reasons: You get an extra $5,500 contribution room on January 1, 2013 (up from $5,000 i...
Comprehensive review of US dollar high interest savings accounts 4 Oct 2012 | 08:16 pm
Written by Anonymous This article explores the pros and cons for Canadians to open US dollar high interest bank accounts, and provides an overview of the various options available. There are many case...
Savings account investment strategy: what are laddered term deposits / GICs? 23 Sep 2012 | 04:04 am
I’ve seen the term “laddering” a lot on highinterestsavings.ca but many people don’t understand what it means. Many people, if asked whether they ladder their investments, will respond with “What is l...
Canadian credit cards that waive foreign currency transaction fees 27 Jul 2012 | 11:56 pm
Most credit cards charge a 2.5% transaction fee on top of the exchange rate on US-dollar and other foreign currency transactions. There are a few credit cards that currently do not charge this fee; th...
Filing a Complaint through the Ombudsman for Banking Services and Investments (OBSI) 29 Apr 2012 | 06:10 am
Written by Anonymous http://www.obsi.ca About 4 years ago, I was unable to resolve a complaint with a financial institution. I was advised that I could take my complaint to the Ombudsman for Banking...
XE Trade review: CAD-USD online currency exchange 15 Apr 2012 | 07:12 am
XE Trade is an online currency exchange service by the currency rate information site xe.com. It can be used for business and personal reasons, to exchange money between your own accounts or to send m...
Canadian Direct Financial interface review — by msl 23 Dec 2011 | 10:22 am
The Canadian Direct Financial (CDF) online interface is straightforward and simple. There aren’t many “eye candies” on the site, so I can do my transactions quickly. Frequent account menus are easy t...
Tax Free Savings Account year-end tips 5 Dec 2011 | 06:53 am
Note: re-posted from here The end of the calendar year is a good time to think about Tax Free Savings Accounts (TFSA) for a couple of main reasons: You get an extra $5,000 contribution room on Janua...
