what to do with $85k as a new resident with tbe big 6?
I just moved over from England and yesterday I stupidly transferred a bunch of money ($86k) from a 4% GBP interest account to a 0% CAD account and I realised there's not much I can do because as a new permanent resident I still don't have my PR card, and I am in an AirBnB so have no proof of address from bills etc, which means I can't open a bank account with Tangerine, EQ or WealthSimple. I am confined to one of the big 6, who accept my current documents. (I have a TD account already)
So .... what is the best thing I can do with $85k limiting myself to the big 6?
Posted Apr 8, 2025, 9:11 PM UTC
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