Posted AT 6:00 AM EDT on 24/04/08
Keep the faith on variable rates
The big banks and their customers have had their differences over the years.
Service fees on chequing and savings accounts have been an annoyance, and so have sky-high credit card interest rates and surcharges slapped on bank machine transactions. But all this could be topped if the banks keep their prime lending rate steady even as the Bank of Canada cuts its trendsetting interest rate.
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