Accelerate lowers GIC rates significantly on longer term GICs | AcceleRate Financial | Discussion forum

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Accelerate lowers GIC rates significantly on longer term GICs
April 3, 2014
8:13 am
Forum Posts: 8568
Member Since:
October 21, 2013
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AcceleRate GIC, TFSA, RRSP, and RRIF:
1 Year Term 2.20%
2 Year Term 2.25%
3 Year Term 2.35%
4 Year Term 2.45%
5 Year Term 2.60%
6 Year Term 2.65%
7 Year Term 2.75%

April 3, 2014
1:51 pm
Forum Posts: 49
Member Since:
March 2, 2014
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I suspect all the Manitoba CU's will be lowering their rates. I see Ahieva lowered theirs too. Most of their parent companies have dropped their Mortgage rates and they can't pay more to attract the funds than what they will learn on them when they lend it out.

April 4, 2014
3:43 pm
Forum Posts: 1232
Member Since:
December 23, 2011
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Called Accelerate today. Reason for drop is because BMO dropped mortgage rates by half a percent.

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