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Sure, you could pop it into a TD High Interest Savings Account and earn your high interest rate of 0.050%.

Wait, its 0.000% on $4,000

High interest, indeed!

Yes, and while TD is paying you 0.050%, they are loaning out your $4,000 in the form of a mortgage on which they earn 6.79%!

There are plenty of reputable banks that still pay 3-5%. Amex savings accounts are now 3.8%