What we did on 1 Dec was right, we withdrew all then wait for Nov Bonus interest on 31Dec then zero to close it.
A few dollars base interest was also given for 1 Dec cos our transfer was dated 2 Dec tho transfer out on 1 Dec (Sunday)
Close the acct now, bro, after recg 0.6% bonus interest for Nov, not 0.3%, hurray!
Yes but the bonus is paid for Nov's lowest balance, which we also recd regardless transfer or keep.
Add this to the interest earned for the sum transferred to other account, total will be more than 2.1%.
Eg if transferred to isavvy in Dec will get 2.1%, on top of the bonus interest u recd for maxigain.
Whatever kept in maxigain in Dec will get 0.3% bonus interest, to be credited 31 Jan. So will be about 1.5% for keeping max in Dec?
Anyways it's over We have all enjoyed maxigain. Time to move on
From Feb 2020 onwards, SSB ladder dividend crediting will be considered as "income" category, together with salary crediting. So u cant hit the investment category anymore with SSB ladder. U either use SSB ladder OR Salary to hit "income" category. Investment category will only consider UT purchases, RSP or buying stocks.
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