Altamira Investment Services Inc. today increased in the rate of its High-Interest CashPerformer account to 2.5%.

According to Altamira, the account is an ideal alternative to traditional savings accounts, money market funds and other short-term instruments.

There are no fees or service charges associated with the account, and no minimum balance is required.

The account is eligible for RRSPs, RRIFs and RESPs.

The savings product is available directly from Altamira and through financial advisors via FundServ.