TFSA 3-month GIC rate now 2.3% | EQ Bank | Discussion forum

Please consider registering
guest

TFSA 3-month GIC rate now 2.3%

January 14, 2021
3:57 am

Laertes

Member

Members

Forum Posts: 67

Member Since:
June 10, 2020

Offline

Just noticed this morning. So small drop in the 3-month rate from 2.5% to 2.3%. Now the same as the TFSA account.

Other rates are the same, I believe:

3 Month 2.30%
6 Month 1.80%
9 Month 1.65%
1 Year 1.50%

January 14, 2021
11:28 am

British Columbia, Canada

Member

Members

Forum Posts: 235

Member Since:
July 9, 2020

Offline

Same with their RSP GIC rates.

EQ Bank RSP GIC terms & rates
Term Rate
3 Month 2.30%
6 Month 1.80%
9 Month 1.65%
1 Year 1.50%

January 14, 2021
5:08 pm

Loonie

Member

Members

Forum Posts: 9452

Member Since:
October 21, 2013

Offline

They never said it was a promo rate, but, just like when EQ first opened, it really is.

The preferable way of doing business, in my opinion, is to state how long the offer is valid, right from the beginning. EQ doesn't do that.