ONE High Interest Savings Account
ONE Investment has offered the ONE High Interest Savings Account since 2015. The HISA is liquid, and every deposit is held in your own investment account. We help you obtain the best interest rate for every dollar invested by aggregating all investor deposits.
- The new Interest Rate is 0.715%, effective June 1, 2021
o CIBC has revised rate calculation to Bank Prime Rate less 1.735%; This is an increase of 10bps above the previously stated rate (Investor Notice – June 4, 2021)
o New rate also includes ONE reducing its administrative fee to give our investors the best possible return
- Complete liquidity with no transaction fees
- Current Balance at $357.5 million (June 10, 2021)
On June 4th, 2021, the ONE Investment Board approved two new HISA providers: Scotiabank and National Bank.
Scotiabank HISA will be accessible commencing July 2, 2021, and the National Bank HISA will be accessible as of September 1, 2021. More details will be available in the coming weeks.
For information on rates with the new HISA providers please email email@example.com.