12 January, 2009

Savings accounts: choosing the right savings account for your needs

From the Financial Consumer Agency of Canada, the Savings Report is a 30-page document with information to help the consumer get the best savings account. The report includes very useful tables for anyone wishing to shop around: Table 1 compares accounts from different financial institutions, under the headings Interest, features available, account accessibility, and record keeping options. Table 2 compares accounts by service fees charged - In-branch, ATM, Internet.