Home / Investment / Victoria real estate agent suspended, fined for buying and renting out affordable housing – Times Colonist + MORE Aug 25th

Victoria real estate agent suspended, fined for buying and renting out affordable housing – Times Colonist + MORE Aug 25th

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Victoria real estate agent suspended, fined for buying and renting out affordable housing  Times Colonist

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High-interest savings accounts come in all shapes and sizes, but not all of them are created equal; some have monthly fees while others don’t. Our list will highlight the best no-fee HISAs in Canada. 

What is a HISA?

A high-interest savings account (HISA) is a deposit account that pays a premium interest rate,  higher than a typical savings account. The interest rates on HISAs range from 1.50% to 4.00% depending on the bank or financial institution. Rates on regular savings accounts are typically less than 1%. For example, TD’s Every Day Savings Account, RBC’s Day to Day Savings Account, and Scotiabank’s Money Master Savings Account all have an interest rate of 0.01%. For the above RBC account, the rate drops to 0.005% if your balance is under $1,000. Digital banks like EQ Bank offer a hybrid Personal Account with a higher base interest rate of 2.75%. 

A HISA can be a good option if you’re a lower-risk investor looking to earn a competitive interest rate while keeping your money safe and accessible…

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