Quote:
Originally Posted by Pizza
I'm be interested in hearing a better option for a high interest savings account
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It depends on how long you plan to keep it. If the plan is deposit the $250 and withdraw the $300 in a month, it's hard to beat. If the plan is sock away $10,000 and hold it for five years in case of emergency then Manulife is a better option because they pay an extra 0.25% and you will have more money at the end of the time.
I think it also depends on how much you are prepared to do for $50. I have no desire to do a whole lot for that kind of money, so having pay directly deposited is definitely out. Opening another checking account won't happen (I have no use for this unless I also change all kinds of bill payments and that's not worth $50 to me either).