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Where to park money in Canada in interest bearing account?

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    #71
    Originally posted by sumdumguy View Post
    Money parked in One Year Variable GIC, Prime minus 1.85% - Take out anytime after 30 days.
    What company/bank has this GIC?

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      #72
      Scotia was one but was gone last I looked.

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        #73
        A local one here had 4.95 , 1 year , cashable after 30 days

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          #74
          Originally posted by poorboy View Post
          For the first time in my career there is a little extra cash that I need to put somewhere for a year. Would like to collect interest and be zero risk. This is in Alberta, Canada.

          Are there any savings accounts or T bill accounts or ?? that pay 5% or better?
          Bank of Marusko offering 7% interest 1-5 year GIC, compounded daily, paid annually. No minimum balance.

          note: CDIC insurance application in progress.

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