Comments on: Canadian High Interest Rate Savings Accounts http://www.discoveryfinance.com/high-interest-rate-savings-accounts.html Discovering Financial Strategies to Build Multi-Million Dollar Wealth Sun, 05 Feb 2012 21:25:02 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Jessica http://www.discoveryfinance.com/high-interest-rate-savings-accounts.html/comment-page-1#comment-302 Jessica Wed, 29 Sep 2010 18:46:04 +0000 http://www.discoveryfinance.com/?p=11#comment-302 Actually, PC Financial offers all its banking and chequing services for free and if you keep a balance of $1000 in your savings account, you get 1.5% interest calculated daily. If you have less than that, you get 0.65% daily. The chequing and savings accounts are separate (you earn the high interest in the savings account, the chequing account rate is negligible). You park your money in your savings account and pull over whatever you need to your chequing to pay bills or take out money. It takes a little forethought, but it's worth it. Actually, PC Financial offers all its banking and chequing services for free and if you keep a balance of $1000 in your savings account, you get 1.5% interest calculated daily. If you have less than that, you get 0.65% daily.

The chequing and savings accounts are separate (you earn the high interest in the savings account, the chequing account rate is negligible). You park your money in your savings account and pull over whatever you need to your chequing to pay bills or take out money. It takes a little forethought, but it’s worth it.

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