as far as as I know, it's only the President Account (assets greater than 500k) that would change the rate, and it would be only 0.75% Non presidential accounts have a fxed 5% interest rate for any balance https://www.td.com/ca/products-services/investing/td-direct-investing/accounts/rates.jsp
My TDDI margin account drops the interest rate 1 percentage point on balances over $100,000. It might save you money to borrow another $1000.
ReplyDeleteas far as as I know, it's only the President Account (assets greater than 500k) that would change the rate, and it would be only 0.75%
ReplyDeleteNon presidential accounts have a fxed 5% interest rate for any balance
https://www.td.com/ca/products-services/investing/td-direct-investing/accounts/rates.jsp