EQ 5 yrs GIC 3.5% | EQ Bank | Discussion forum

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
sp_Search Search
Advanced Search
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





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

sp_Search Search
Go to Bottom
No permission to create posts
sp_Feed Topic RSS sp_TopicIcon
EQ 5 yrs GIC 3.5%
May 29, 2018
2:46 pm
Save2Retire@55
Member
Members
Forum Posts: 857
Member Since:
January 3, 2013
sp_UserOfflineSmall Offline
Go to Top
1sp_Permalink sp_Print

EQ increased their 5 years GIC interest rate to 3.5%. We are getting close to 4%. Do you smell another BOC rate increase?

May 30, 2018
6:21 am
Dennis
Member
Members
Forum Posts: 98
Member Since:
January 23, 2013
sp_UserOfflineSmall Offline
Go to Top
2sp_Permalink sp_Print

I surprise to learn that EQ Bank does not allow to buy GIC with money on hold.
It is the first bank does not allow. Actually second. Hubert was the first but they cleared hold immediately when I called in. EQ can't do anything.

May 30, 2018
10:19 am
semi-retired
Member
Members
Forum Posts: 255
Member Since:
April 15, 2015
sp_UserOfflineSmall Offline
Go to Top
3sp_Permalink sp_Print

Dennis said
I surprise to learn that EQ Bank does not allow to buy GIC with money on hold.
It is the first bank does not allow. Actually second. Hubert was the first but they cleared hold immediately when I called in. EQ can't do anything.  

This is true.I ran into the same problem this week.My money was taken from BMO last Fri & it is still on hold.It looks like EQ credits your account immediately with the deposit.I made another transfer this AM from Tang & the amount was again immediately listed in my account,but on hold. EQ 1 year GIC at 2.76% looks very attractive to me.Just wish they had joint accounts for 2X CDIC coverage.

No permission to create posts
sp_Feed All RSS
Go to top

Please write your comments in the forum.