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Monday, September 24, 2007

A 4% savings account with RBC

It's seemed like RBC have it all! Good mutual funds, 10 000$ credit card and... high interest savings account!

If I will not use the 10 000 credit card I had with them, I will, instead, open a savings account. The interest is of 4%. On 9 459.13$, it's make a return of at least 378.37$. I can definitely add 378.37$ to my actual 28 704.03$ (in date of September 24, 2007). It' quite amazing that I have so much money. Having 28 000$ is like having a little fortune for myself.

But surprise, with that 378.37$, I can happily say that I have 29 082.40$... I don't have it yet, but hey, I have to motivate myself in a way in another, so I hope no one will mind if I change the actual 28 704.03$, for 29 082.40$... I am changing it right away... And I am forgiving the tax once again...

I learn that with PC, I could have a free bank account, but they don't offer it to Quebec residents, which is really too bad.

Same thing with ING Direct. ING have start offering mutual funds, but they only expose this offer in the English version of their Web site. It's because they do not sell mutual funds to Quebec residents. Being in Quebec is very frustrated for me because I pay more tax in my non RRSP investing and their are some good offers that I am missing.

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