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  • nebs
    3·
    11 months ago

    Where’s the best place to put money in a high interest savings account?

    I’ve been with simplii for a really long time but it’s not clear what interest rate I’m going to be getting in my HISA after the promotional offer and I really don’t like that the promotional interest isn’t paid out monthly.

    Should I just sign up for an investment account and buy the equivalent of cash.to (which doesn’t seem to offered at big bank investment accounts)?

    • N-E-N@lemmy.ca
      3·
      11 months ago

      I really like EQ Bank. Easy 5% ish GIC’s or 3% savings. You’ll prob receive higher % long term through actually investing but, this is safe and reliable