5yr ask | 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
April 16, 2019
8:01 am
hotmony
Member
Members
Forum Posts: 384
Member Since:
February 20, 2018
sp_UserOfflineSmall Offline

A CU said name your rate they will compete with others. Any FIs big or tiny offering 3.75+ to ask for a match

Would your opening ask be 3.75 3.85 3.95 or 4?

April 16, 2019
11:42 am
Kidd
Member
Members
Forum Posts: 359
Member Since:
February 27, 2018
sp_UserOfflineSmall Offline

If you were to ask for 4%... wouldn't they in turn ask... who is offering you that rate? Where then you would have to supply proof of what you were being offered elsewhere. Then they, at that point in time would verify your claim before matching the rate.

I'm not drunk but reading that back... makes me feel like i am.

If this is all hypothetical... i'd ask for 100%. Go big or go home.

May 14, 2019
8:11 pm
hotmony
Member
Members
Forum Posts: 384
Member Since:
February 20, 2018
sp_UserOfflineSmall Offline

When Tangerine was offering an extra quarter point on the phone did anyone ask or get it on their 5yr gic?

May 14, 2019
8:57 pm
Loonie
Member
Members
Forum Posts: 5039
Member Since:
October 21, 2013
sp_UserOfflineSmall Offline

You'ave essentially asked the same question before, and we've given you our answers.

Please write your comments in the forum.