GICs, term deposits and cash deposits held in an RRSP are eligible for a combined maximum CDIC coverage of $100,000. GICs, term deposits and cash deposits held in an RRIF are eligible for a ...

Neo Financial co-founder, ​Jeff Adamson​, answers common questions about the operation of financial technology companies in ...

A: Yes. Funds of up to $100,000 in Neo Money™ accounts (including Neo Everyday and Neo High-Interest Savings accounts) are eligible for CDIC coverage. The accounts are provided by Peoples Bank ...

GICs are eligible for Canada Deposit Insurance Corporation (CDIC) coverage, if purchased at a CDIC member institution. This means your principal is safe even if the financial institution fails.

Home Trust is a lesser known institution but it was founded in 1977, and you can rest assured that your deposits of up to $100,000 are protected by CDIC coverage. Rates are subject to change ...

If you do not opt for direct deposit, you’ll still earn a 1.50% interest rate. CDIC Coverage: Deposits are insured by the Canada Deposit Insurance Corporation (CDIC) up to $100,000 per set of co ...

Pros & Cons High 4.50% APY Tax-free growth Flexible cash-out options after 30 days Low $500 minimum deposit Eligible for CDIC coverage up to $100,000 No interest paid in first 29 days $100 ...

Wealthsimple Cash comes with high interest rates and a no foreign transaction fee card. Let’s take a closer look at the account.

If it’s consistently more than $100,000, a business should have multiple accounts to qualify for as much CDIC coverage as possible. What to Ask When Opening a Business Bank Account? When opening ...

BMO GICs are eligible for coverage with the Canadian Deposit Insurance Corporation (CDIC). Selecting a BMO GIC is a personal decision and will depend on your own unique financial goals and ...