The Tradex Investment Savings Account is a very competitive daily interest savings account. It’s a great place for you to “park” funds that you will need in the short-term or funds that you may want to hold for further opportunities.
Below is the current rate offered on this account (rate subject to change):
| Effective | Interest Rate |
| September 15, 2020 | 0.15% |
| August 26, 2020 | 0.20% |
| August 8, 2020 | 0.25% |
| April 15, 2020 | 0.30% |
| March 23, 2020 | 0.45% |
| March 10, 2020 | 0.75% |
| December 31, 2019 | 1.15% |
| October 07, 2019 | 1.20% |
| July 26, 2019 | 1.25% |
| November 2, 2018 | 1.50% |
KEY DETAILS
- The deposits are held in trust at Manulife Bank of Canada, a wholly owned subsidiary of Manulife Financial, one of Canada’s largest financial institutions.
- Through Manulife Bank of Canada, deposits in Tradex Investment Savings are eligible for CDIC insurance coverage of up to $100,000 per depositor per insured category in accordance with CDIC rules and regulations.
- There in no minimum required balance and there are no service fees.
- You earn full interest on every dollar you hold in a Tradex Investment Savings Account for each day the money is in the account.
- Electronic transfers between your established bank account and this account are available, subject to a maximum 2-business day notice, upon your telephone or e-mail instructions.
- Tradex also offers U.S. dollar savings account options through other institutions.
