Just a PSA for the community, in case you don’t check often.

    • MxWarp@lemmy.ca
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      1 year ago

      Tangerine extends promotional interest rate offers to existing customers as well. As a long-standing customer myself, I recently benefited from 5.25% offer just last month.

      • Affaires de Piasses@lemmy.caM
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        1 year ago

        Wow, awesome news. They already extended their previous offer to me (5%), but I haven’t received anything to extend it this time, so let’s hope I’m going to win the rate lottery.

    • MxWarp@lemmy.ca
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      1 year ago

      Do Horizon ETFs typically increase their $CASH.TO distribution soon after a Bank of Canada rate increase? I’m curious if you’re familiar with the historical trend behind it.

      • Affaires de Piasses@lemmy.caM
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        1 year ago

        Yes, they do. It sometimes happens very quickly within a few days, or it’s sometimes a little longer. The increase may not always be equal to the increase in the BoC rate though. I’ve been using CASH.TO since February 2022.