Finding the best GIC Rates | GIC discussions | Discussion forum

mohammad-ali said
Hello,

I am a long time lurker, first time poster on the High Interest Savings Forum. I noticed the GIC Chart on the site does not include account type and terms that are shorter than 1 year.

To help myself and others find these niche GIC's, I launched a completely free, no ads, no signup website that compares all the published GIC rates I could find online - https://rateinfo.ca

I would love to hear feedback from y'all about the site.  

I like the site!

My scan of the site for 45 seconds came to the same conclusion. Either allow a sort by jurisdiction or get rid of all the small crappy CUs that have limited accessibility.

I also agree the <1 year list cannot include 1 year. The site needs work.

smayer97 said
I like the content. I echo some of what others state.

I would also say, in terms of format, there is far too much white space. Need to condense the look A LOT.  

More condensed, definitely.

mohammad-ali said
Hello,

I am a long time lurker, first time poster on the High Interest Savings Forum. I noticed the GIC Chart on the site does not include account type and terms that are shorter than 1 year.

To help myself and others find these niche GIC's, I launched a completely free, no ads, no signup website that compares all the published GIC rates I could find online - https://rateinfo.ca

I would love to hear feedback from y'all about the site.  

It’s nice and clean looking. I expected to have to press an enter key when I made a change,,,,but don’t have to, which is nice. The boxes could include more information.

I don’t see Vancity 30 or 90 day (1 year) lock-in GICS
I don’t see Hubert quarterly GIC (1 year).

At this point I didn’t pursue to look for people’s 30 day .. 90 day GICS.

I have a use for knowing rates for less than a year…but can’t see using your site.

NorthernRaven said
Unless you are looking to foment Ontario-resentment and Canadian disunity, you might want to have a way to let visitors indicate their jurisdiction, and if not Ontario, eliminate the listings for all the pokey little Ontario credit unions that I'm pretty sure require you to be a resident of Ontario to join. The Manitoba online divisions allow pan-Canadian membership, although some financial institutions (CU or not) do not allow Quebec residents.

For short-term GICs, the dropdown has "<= 1 year" (picks up the entire range of 1-year GICs) and "<= 6 months", which means there is no way to get just <1-year listings, and you have to sort the "<= 1 year" to list by duration anyway.  

Good points and upon first viewing….appears to lean towards the east of which some of us in BC would have no use for looking at the extra “clutter”. So perhaps a province tab could be added…but some how include Manitoba for us BCers.

I occasionally consult the CANNEX tables.

GIC's: https://www.cannex.com/public/.....rm02e.html

HISA's: https://www.cannex.com/public/.....pa01e.html

cgouimet said
I occasionally consult the CANNEX tables.

GIC's: https://www.cannex.com/public/.....rm02e.html

HISA's: https://www.cannex.com/public/.....e.html  

Thank you so much! Those links are going in my bookmarks forsure.

OP: I applaud your effort at making a resource for us, but the way it is laid out is not near as useful as a chart (like Peter's awesome one which is sortable and has rate histories). When I clicked all GIC's, I found I could not filter by a particular term, your drop down menu just gave ranges. Please post on this thread again if you give the layout an overhaul and I will try it again, but in its current state it just isn't a quick and easy resource for me.

cgouimet said
Peter's tables

GIC's: https://www.highinterestsaving.....gic-rates/

HISA's: https://www.highinterestsaving......ca/chart/

perfectly meet my needs 99% of the time.  

Yes I agree most of the time it’s good. And am not complaining. For me I like to bullet proof my savings accounts by adding another level of protection and use cashable GICS as long as the rate is higher as the HISA rate. I use lock-in GICS at Vancity and the quarterlies GICS at Hubert. As you can see the OP’s site does not include Vancity’s as per below.

So as what the OP suggests….that Peter’s site “does not include account type and terms that are shorter than 1 year” ……nor does the OP’s. Thus rendering his efforts to not be helpful in regards to GICS shorter than one year.

Bill said
Cannex doesn't list 1 - 11 month gics either, far as I've seen.  

Cannex does have 30-270 Day GICs at:
https://www.cannex.com/public/.....rm01e.html