Canadian Capital News:

High Interest Savings Accounts

December 6, 2004


There is a bit more welcome competition for your savings accounts. For years, ING Direct has been offering a savings account that offers a very good interest rate with no fees. Now, ICICI Bank, a large Indian bank is also offering CDIC-insured high interest savings accounts. Set up an account with any of the following banks and start saving money:
ING Direct: 2.40%
American Express: 2.40%
ICICI Bank: 2.75%

Ameritrade Canada

November 29, 2004

1 comment

If you invest in US markets even occasionally, it might be worth considering opening an account with Ameritrade. Each US equity trade will cost $10.99 compared to trades starting at $26.99 at E-Trade and the discount arms of the major Canadian banks. I’ve been using Ameritrade for over a year now and my experience with them has been very good.

Reinstating Aeroplan miles

November 23, 2004


Do you collect Aeroplan miles? Is it a couple of years since you flew Air Canada or had any transactions on your Aeroplan program? Aeroplan has now started expiring miles in dormant accounts. If this is the first time you are hearing about this, contact Aeroplan. They have a simple process of reinstating the expired miles.