Can somebody explain the interest on scotiabanks momentum plus savings account?

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Can somebody explain the interest on Scotiabank's Momentum Plus Savings account? It says regular interest is calculated daily and applied monthly and premium interest is applied at the end of the premium period. If I deposit $500 into the 90 day period, it should be at 1.45% after 90 days which is 507.25.

Can somebody explain the interest on Scotiabank's Momentum ?

Can somebody explain the interest on Scotiabank's Momentum Plus Savings account? It says regular interest is calculated daily and applied monthly and premium interest is applied at the end of the premium period. If I deposit $500 into the 90 day period, it …

Canada's Best Bank Accounts, According To Ratehub.ca ? High Interest Savings Account . EQ Bank Savings Plus Account. Breaking from the Big 5, EQ Bank's Savings Plus account has kept a consistent offering of a 2.3 per cent interest rate, as well as no

Where To Get 5% Interest Savings Accounts Now That Insight ? If you open the 5% interest savings account plus the 3% interest Holiday Club Account, you’ll have $500 earning 5% interest, plus an additional $3,000 earning 3% interest. Obviously, if you have a spouse or partner, you can open accounts for them as well, adding an additional $500 and $3,000 of high-yield savings.

Robo-adviser Wealthsimple launches savings account with ?

For Canada's five largest institutions, interest rates for high interest savings accounts range from as low as 0.05 per cent to as high as 1.7 per cent with Scotiabank's Momentum Plus Savings

Is A Savings Account Worth It?

Low interest: Getting a low return on your money is a key disadvantage of a savings account. And the cost of relying on a savings account for your long-term financial benefit can be higher than you think. “At least you aren’t losing money when it’s in the bank,” some might argue. Unfortunately, keeping your money in a savings account

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