mranski Posted April 11, 2012 Share Posted April 11, 2012 TD Waterhouse surprised me by offering 1.3% on my cash balance. I was getting money market rates or nothing so this seems decent. Do others get more or less interest on their cash balances? Link to comment Share on other sites More sharing options...
Liberty Posted April 11, 2012 Share Posted April 11, 2012 TD Waterhouse surprised me by offering 1.3% on my cash balance. I was getting money market rates or nothing so this seems decent. Do others get more or less interest on their cash balances? I'm also with TDW, but never noticed interest on my cash (not that I have much). Where do you see that, at the end of the month in "activity" or somewhere else? Link to comment Share on other sites More sharing options...
mranski Posted April 11, 2012 Author Share Posted April 11, 2012 You have to place it into an invest savings acct. But it is redeemable online before settlement , i think one day. And it is not separate from your waterhouse account. Mine is high interest acct, i have alot of cash, but i don't know what their threshold is between high interest and regular interest. Link to comment Share on other sites More sharing options...
rijk Posted April 11, 2012 Share Posted April 11, 2012 does the 1.3% go with automatic sweeping between your (margin) account and your cash account? regards rijk Link to comment Share on other sites More sharing options...
mranski Posted April 11, 2012 Author Share Posted April 11, 2012 it is all one account, cash, not margin . interest can get reinvested or not, by choice. other cash doesn't get automatically put in to the interest savings account if that is what you are asking. interestingly, it is manulife (within TD) that has the 1.3% account, TD's is 1.25. Link to comment Share on other sites More sharing options...
hyten1 Posted April 11, 2012 Share Posted April 11, 2012 mranski hmm i can't seem to find this in td waterhouse, were can you get 1.3%? hy Link to comment Share on other sites More sharing options...
mranski Posted April 11, 2012 Author Share Posted April 11, 2012 they allow you to take the cash in your regular investment account, and put it in an investment savings account vehicle in the same account, it shows up like a stock or mutual fund. Link to comment Share on other sites More sharing options...
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