I’ve been making monthly posts about the current interest rates available via “Series F” High Interest Savings Accounts (HISAs) and HISA-like ETFs for a while now. These are an excellent place to park your money. My current broker, Questrade, gives me access to HISAs, but they are not free to trade, hence of zero interest1 to me — I use HISA-like ETFs instead, some options I uncovered earlier this year are discussed over here.
Anyway, I’ve decided to make things a bit easier and make the HISA table a permanent fixture at the Money Engineer. You can always find the most recent version of the table over here: https://moneyengineer.ca/hisa-and-short-term-bond-table-canada-us/, so feel free to bookmark it. (It’s a submenu of the DIY Investors menu found under All Readers.) I’ll generally make updates to it any time the interest rates change in Canada or the US, which they did last week.
If ever I’ve missed an update, or you see a problem, always happy to hear from you — just shoot me a note.
- Insert joke about falling interest rates / typical big bank interest here. ↩︎