RE:Div. vs interest rateWell you get rob , all depend where is your tax threshold , if you in Quebec you pay more tax than anybody else unless it's in tfsa , dividend you pay tax on 50% interest is 100% taxable , just move your cash around on promotions like tangerine and eQ bank , non promotional daily saving with tangerine is 4.75% , you can also put $$ in money market etf as someone point out some give 5% monthly .... not sure how old , if you work or get pension but tax factor maybe influential ....