Moving your mortgage will require paying a 3 month interest penalty, as mentioned. However, a lot of banks will pay this fee for you, just to get your business. A mortgage is good income for them.
By the way, you can add another person to the list that is fed up with Royal Bank. The only reason I stay with them is because their ATMs are the most abundant, but I've been contemplating switching for a while now.
While we're on that topic, can someone recommend a good bank, just for having a small chequing/savings account? I already have an ING account, I'm just looking for somewhere to put my spending cash that doesn't want to charge me crazy fees.
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