accelerate financial drops rates to 2.10% | AcceleRate Financial | Discussion forum
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8:50 am
Accelerate financal saving acccount rates have dropped from 2.20% to 2.10%
11:00 am
January 30, 2009
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Thanks for the update Billy. I just noticed it myself. At least Hubert sent us out an email when they dropped the rate from under us.
AcceleRate and Peoples Trust are now tied for the best savings account rate.
7:56 am
They also slashed their GIC rates, especially the longer term ones.
3 yr slashed by 0.30%
4 yr cut by 0.45%
5 yr and longer reduced by 0.40%
More than a quarter point in this low rate environment is huge.
10:18 am
Jim said:
They also slashed their GIC rates, especially the longer term ones.
3 yr slashed by 0.30%
4 yr cut by 0.45%
5 yr and longer reduced by 0.40%More than a quarter point in this low rate environment is huge.
Yet, here is what my adviser says….hmmmmm
It is probably not worth looking at longer terms (for GIC's) and it is certain that rates will go up in the not too distant future.
1:54 pm
James said:
Thanks for the update Billy. I just noticed it myself. At least Hubert sent us out an email when they dropped the rate from under us.
AcceleRate and Peoples Trust are now tied for the best savings account rate.
Just fyi…..GIC rates…..just checked.
Outlook Accelerate Coast Capital Hubert Steinbach
1 yr. 2.15 2.15 1.6 na 2.05
2 yr. 2.5 2.5 1.9 2.7 2.4
3 yr. 2.7 2.7 2.15 3.05 2.65
4 yr. 2.8 2.8 2.35 3.3 2.9
5 yr. 3.1 3.1 2.5 3.55 3.15
OMG…Hubert is in the lead!!!!
2:19 pm
88kanaka said:
James said:
Thanks for the update Billy. I just noticed it myself. At least Hubert sent us out an email when they dropped the rate from under us.
AcceleRate and Peoples Trust are now tied for the best savings account rate.
Just fyi…..GIC rates…..just checked.
Outlook Accelerate Coast Capital Hubert Steinbach
1 yr. 2.15 2.15 1.6 na 2.05
2 yr. 2.5 2.5 1.9 2.7 2.4
3 yr. 2.7 2.7 2.15 3.05 2.65
4 yr. 2.8 2.8 2.35 3.3 2.9
5 yr. 3.1 3.1 2.5 3.55 3.15OMG…Hubert is in the lead!!!!
Here is a better edit.
Just fyi…..GIC rates…..just checked.
…………Outlook Accelerate Coast Capital Hubert Steinbach
1 yr. ——–2.15—–2.15—— 1.6——— na—- 2.05
2 yr. ——- 2.5—– 2.5——–1.9———2.7—–2.4
3 yr. ——–2.7——2.7——–2.15——–3.05—-2.65
4 yr. ——–2.8——2.8——–2.35——–3.3—–2.9
5 yr. ——–3.1—– 3.1——–2.5———3.55—-3.15
OMG…Hubert is in the lead!!!!
So looking at it another way for the two highest offerings from Outlook/Acclerate and Hubert is here what a 1000 dollars will earn (rounded off).
1 yr.————2.15——$22
2 yr.————2.5——-$51
2 yr.————2.7——-$55
3 yr.————2.7——-$84
3 yr.————3.05——$96
4 yr.————2.8——-$118
4 yr.————3.3——-$141
5 yr.————3.1——-$167
5 yr.————3.55——$194
It is unbelievable for us investors and retirees to see what the big banks did to rates due to dropping mortgage rates. Makes the decision hard to make as the low mortgage rates may not last long???
4:44 pm
My prediction is all these rates will move lower now with longer term bond rates moderating and the big banks lowering their mortgage rates.
Don't forget Achieva, their term rates as of today are…
2.15% 1yr
2.50% 2yr
2.75% 3yr
3.00% 4yr
3.25% 5yr
5:15 pm
November 8, 2009
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wish I put more money into ALLY at 4 percent for 5 years…..sighhh
5:39 am
I'm happy I bought a 2years and a 3years GIC before the drop.
2.1% still one of the best on the market. Still happy to be with Accelerate.
1:40 pm
I just sent fresh money today. I prefered 2.2% but still happy at 2.1% compare to others.
2:04 pm
December 22, 2011
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Accelerate just dropped their GIC rates today to match Achieva. 5yr now at 2.85% as well.
