CIBC savings gives crappy rates -- 0.5% to 1% lower than I can get elsewhere.
120$/year is 120$/year too much for debit/cash withdrawls. At 2% post-inflation interest/year, over 20 years, that'll cost... 2900$
Email transfer charges 1.5$ per use. Practically, moving money to someone else we mutually trust is as easy as paying their credit card (doable online without the 1.5$ charge). For small transfers, that's unacceptable friction. For larger transfers to non-corperate targets, the rare time I do them a cheque sounds acceptable.
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Last edited by JHVH : 10-29-4004 BC at 09:00 PM. Reason: Time for a rest.
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