4 yrs @ 3.4% | GIC Discussions | 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
4 yrs @ 3.4%
May 15, 2018
3:01 pm
Loonie
Member
Members
Forum Posts: 4080
Member Since:
October 21, 2013
sp_UserOnlineSmall Online

GICWealth Deposit Broker is offering 3.4 over 4 years, minimum 100K.
I don't know who the FI is.
It won't be available very long.

They also have 1 year at 2.85% and 2 years at 3.15%, both with minimum of 25K.

These offers will not likely be available for long.

Rec'd by email.
1-866-228-9442

May 15, 2018
3:53 pm
Nehpets
Ontario
Member
Members
Forum Posts: 378
Member Since:
December 20, 2016
sp_UserOfflineSmall Offline

Loonie said
GICWealth Deposit Broker is offering 3.4 over 4 years, minimum 100K.
 

For someone looking for a longer term GIC, the current promo at Meridian for a 5 year GIC at 3.5% (minimum $100) (new money) may be a another alternative.
Currently the highest 5 year rate, I believe.

As has been also proposed, parking money at Meridian at their current promo of 3% for four months (new accts) may be a way to hedge the bet for possible rate increases in the coming months, by remaining liquid and ready to take advantage of an opportunity.

May 15, 2018
7:25 pm
Loonie
Member
Members
Forum Posts: 4080
Member Since:
October 21, 2013
sp_UserOnlineSmall Online

True; but if four years (or two) is what you need, then this may be your best bet.
Good for someone who is starting a ladder or whose ladder got derailed for some reason or who knows they will need the money in that many years or for whom five years is just too long.

July 13, 2018
12:13 pm
sunny
Newbie
Members
Forum Posts: 1
Member Since:
July 13, 2018
sp_UserOfflineSmall Offline

Is this deal still going on?

July 13, 2018
12:38 pm
Kidd
Member
Members
Forum Posts: 211
Member Since:
February 27, 2018
sp_UserOfflineSmall Offline

Please write your comments in the forum.