Savings Account

RECENT NEWS
Saving to Invest  8 hrs ago  Comment 
I have been using my Vanguard money market account as a place to save part of my emergency (short-term) funds, and when checking it recently I saw that the rate had fallen to a miserly 0.13%! This was the lowest I had seen the rate since opening...
Saving to Invest  8 hrs ago  Comment 
I have been using my Vanguard money market account as a place to keep part of my emergency funds, and when checking it recently I saw that the rate had fallen to a miserly 0.13%! This was the lowest I had seen the rate since opening te account and...
MarketWatch  Nov 27  Comment 
The daily rundown of MarketWatch's coverage of personal finance.
The Globe and Mail  Nov 19  Comment 
Since being introduced by Jim Flaherty, the Tax-Free Savings Account has quickly become a popular way to save money. But are Canadians who use them making the right choice?
Business Standard  Nov 9  Comment 
Subscribers of the low-cost version of the New Pension Scheme (NPS), called CRA Lite, will not be allowed to open a second savings account unlike normal subscribers.
Business Times - Malaysia  Nov 2  Comment 
AffinGOLD, and its syariah-based equivalent AffinGOLD-i, is a savings account that allows customers to earn higher interest rates that are comparable to fixed-deposit products in the market.
Dual Income No Kids  Oct 30  Comment 
Opening a savings account is usually one of the first step towards achieving your financial goals. If you ask anyone about the steps you need to take in order to get a hold of your finances the first they usually suggest is to get a hold of your...
Canada.com  Oct 23  Comment 
The Department of Finance’s plan to crack down on tax-fee savings account (TFSA) abuses might well have been subtitled, “Games people play with their TFSAs”
The Globe and Mail  Oct 21  Comment 
Regulators are cracking down on abusers, but TFSAs are a tool you should know how to use
CNNMoney.com  Oct 16  Comment 
Question: My wife and I keep $20,000 in a passbook savings account as an emergency reserve. What's driving me crazy is that we're getting only 60 cents a month in interest. I like the security of the account and the immediate access, but 60 cents...
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A savings account allows an account holder to set aside and earn interest on money that is not required in the immediate future. Savings accounts generally pay higher rates of interest than checking accounts, but lower interest rates as compared to treasury bills and often do not allow account holders to withdraw money via checks.

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