Current Duca GIC Rates | DUCA Credit Union | Discussion forum

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

sp_Feed Topic RSS sp_TopicIcon
Current Duca GIC Rates
July 1, 2020
11:32 am
gicjunkie
Ontario
Member
Members
Forum Posts: 655
Member Since:
November 7, 2014
sp_UserOfflineSmall Offline

These rates may be the best available right now in Ontario. According to some financial experts, who sometimes get it right, lower rates will be here for a while, and may drop even lower. One could take the short term approach in waiting it out, or, if your investments are laddered and cash is available, take the long term rates. Duca may agree to hold a rate for you for 30 days if asked to. Happy Canada Day!

60 – 179 Day 0.75%
180 – 269 Day 1.00%
270 – 364 Day 1.00%
1 Year 1.90%
18 Month 1.95%
2 Year 2.00%
3 Year 2.10%
4 Year 2.25%
5 Year 2.45%
7 Year 2.50%

https://www.duca.com/rates/term-deposits/

July 14, 2020
6:25 am
gicjunkie
Ontario
Member
Members
Forum Posts: 655
Member Since:
November 7, 2014
sp_UserOfflineSmall Offline

Rates lowered significantly to:

1 Year 1.50%
18 Month 1.60%
2 Year 1.70%
3 Year 1.85%
4 Year 2.00%
5 Year 2.10%
7 Year 2.20%

July 6, 2021
8:20 pm
Bud
Member
Banned
Forum Posts: 1375
Member Since:
February 20, 2018
sp_UserOfflineSmall Offline

Was offered 5yr@2% cashable each anniversary. 5yr@2% fully cashable after 2yrs possible.

July 7, 2021
1:31 am
Loonie
Member
Members
Forum Posts: 9307
Member Since:
October 21, 2013
sp_UserOfflineSmall Offline

That was surely shortlived!
I have money coming due next week that I might have moved to DUCA.

July 7, 2021
6:31 am
COIN
Member
Members
Forum Posts: 1122
Member Since:
March 15, 2019
sp_UserOfflineSmall Offline

Bud said
Was offered 5yr@2% cashable each anniversary. 5yr@2% fully cashable after 2yrs possible.  

Cashable after two years with no "haircut" on the 2%?

Another question: Does DUCA have a daily interest promotion this Summer?

July 8, 2021
12:17 pm
savemoresaveoften
Member
Members
Forum Posts: 2943
Member Since:
March 30, 2017
sp_UserOfflineSmall Offline

COIN said

Cashable after two years with no "haircut" on the 2%?

Another question: Does DUCA have a daily interest promotion this Summer?  

yeah I like to know more details re this 2% promo too ? Looks like unadvertised special ?

July 8, 2021
4:47 pm
Bud
Member
Banned
Forum Posts: 1375
Member Since:
February 20, 2018
sp_UserOfflineSmall Offline

In branch offer. Bond yields have been falling past few days in volatile market. Offer was last week then again this week. Dont be shy. I declined.

July 9, 2021
7:54 am
savemoresaveoften
Member
Members
Forum Posts: 2943
Member Since:
March 30, 2017
sp_UserOfflineSmall Offline

Bud said
In branch offer. Bond yields have been falling past few days in volatile market. Offer was last week then again this week. Dont be shy. I declined.  

So 2% for 5y, still collect full 2% if redeem after 2 years ?
If so thats prob the best 2y rate out there by far.

July 9, 2021
6:21 pm
Bud
Member
Banned
Forum Posts: 1375
Member Since:
February 20, 2018
sp_UserOfflineSmall Offline

The original offer was 2% for 5yrs cashable each anniversary/once annually. Rep came back suggested he may be able to do 2% for 5yrs fully cashable anytime after 2yrs. U'd have to inquire it wasn't advertised. Anyone interested I can pm name of rep.

July 10, 2021
6:47 am
COIN
Member
Members
Forum Posts: 1122
Member Since:
March 15, 2019
sp_UserOfflineSmall Offline

Bud said
The original offer was 2% for 5yrs cashable each anniversary/once annually. Rep came back suggested he may be able to do 2% for 5yrs fully cashable anytime after 2yrs. U'd have to inquire it wasn't advertised. Anyone interested I can pm name of rep.  

Did the size of your investment influence the deal you got?

July 10, 2021
10:33 am
Bud
Member
Banned
Forum Posts: 1375
Member Since:
February 20, 2018
sp_UserOfflineSmall Offline

perhaps

Please write your comments in the forum.