(February 27 – 16:00 ET) – With the midnight hour fast approaching for RSP contributions, online bank ING DIRECT is promoting its RSP Investment Savings Account.
With the bank’s round-the-clock operations, investors across Canada can make a contribution, right up until the deadline.
“Markets are volatile and Canadians this year are probably more reticent than previous years about investing,” says Paul Bedbrook, president and CEO ING DIRECT. Bedbrook recommends his bank’s investment savings account as alternative for investors who want to keep their money in a short-term vehicle.
The account currently pay 4.35% interest, with no fees. It is fully RRSP eligible.
“At ING DIRECT there are no minimum balance requirements, so starting small is possible. And saving can begin immediately with a telephone call at 1- 800 ING DIRECT or by going online at www.ingdirect.ca,” says Bedbrook.
-IE Staff