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 |
| December 12, 2024 | 1.95% |
| October 24, 2024 | 2.15% |
| September 6, 2024 | 2.35% |
| July 26, 2024 | 2.45% |
| June 13, 2024 | 2.60% |
| February 3, 2023 | 2.85% |
| December 14, 2022 | 2.75% |
| November 1, 2022 | 2.35% |
| September 22, 2022 | 2.00% |
| August 24, 2022 | 1.75% |
| July 12, 2022 | 1.50% |
| June 3, 2022 | 1.25 % |
| April 18, 2022 | 1.00% |
| September 15, 2020 | 0.15% |
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.
