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
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I’m a proud French Canadian from New Brunswick with a passion for investing. On August 5, 2009, I hit a major milestone: reaching $50,000 in investment assets. This initial achievement was just the beginning of a lifelong journey toward financial independence. My ultimate aim isn’t necessarily early retirement but rather the freedom to live comfortably, achieve my goals, and enjoy financial peace of mind. Every journey starts with a first step, and for me, that was my first $50,000. Feel free to reach out and say hello at myfirst50000 (at) yahoo.ca—I’d love to connect!
2 comments:
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.
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
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