The quest for deposits and new customers is on. Canadian Tire Financial Services is now offering a 3.15% interest rate on their Tax Free Savings Account. While one of the highest rates around, this is the posted rate on their TFSA account and is subject to change at any time.
The account information states that there are no monthly fees, but does not state whether or not there are fees to withdraw or transfer the funds. One of the fundamental rules of investing is to investigate all of the fees and expenses applicable to any investment before you make the commitment.
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