EQ Bank TFSA Review 2024: The Best TFSA Account In Canada [Forbes]
BANK OF CHINA UNSP/ADR (BACHY)
NASDAQ:AMEX Investor Relations:
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Source: Forbes
The EQ Bank TFSA stands out as the best tax-free savings account in Canada, thanks to its high 3% interest rate and lack of minimum deposit requirements and monthly maintenance fees. These features and lack of fees make it an accessible option for a wide array of savers, from those just starting out to seasoned investors looking to maximize their gains. That said, EQ Bank TFSA's digital-first approach, while convenient, might not appeal to not people who prefer in-person banking. Ultimately, EQ Bank's TFSA is a top choice for anyone seeking a high-yield, flexible and cost-effective savings account to hold cash or investments. For Canadians focused on growing their savings efficiently in a tax-free environment, EQ Bank's TFSA is well worth consideration. Pros Cons EQ Bank TFSA Account Basics The EQ Bank TFSA (Tax-Free Savings Account) offers an annual percentage yield (APY) of 3%, providing a competitive tax-free interest rate on your savings. This account also stands out
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