New CWB rates | 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
New CWB rates
May 24, 2022
10:25 am
Alexandra
British Columbia
Member
Members
Forum Posts: 458
Member Since:
September 24, 2019
sp_UserOfflineSmall Offline

Canadian Western Bank (CWB) has some new special rates:

27Months @4.25%
23Months @4.08%
&
19Months@3.9%

The thing with them is you can go with Canadian Western Bank, Canadian Western Trust & Valliant Trust, each being separately insured under CDIC.

They are having "special rates" til sometime in July but ratesf-cool not guaranteed as they can obviously fluctuate but they are expecting a rise after June 1st.

May 24, 2022
11:04 am
Loonie
Member
Members
Forum Posts: 9245
Member Since:
October 21, 2013
sp_UserOfflineSmall Offline

Those of us who also deal with Motive Financial should be aware that Motive is a brand of Canadian Western Bank. Be careful that you don't inadvertently exceed CDIC insurance by having accounts at both.

May 24, 2022
11:30 am
Alexandra
British Columbia
Member
Members
Forum Posts: 458
Member Since:
September 24, 2019
sp_UserOfflineSmall Offline

Loonie said
Those of us who also deal with Motive Financial should be aware that Motive is a brand of Canadian Western Bank. Be careful that you don't inadvertently exceed CDIC insurance by having accounts at both.  

Thanks Loonie, yes Motive and CWB is insured as one under CDIC. However CWT and Valliant are separate from CWB/Motive.

I'm not jumping into anything with anyone until at least June 1st. I will probably do some then though.....just in case.

July 4, 2022
3:29 pm
gicjunkie
Ontario
Member
Members
Forum Posts: 653
Member Since:
November 7, 2014
sp_UserOfflineSmall Offline

New CWB GIC Rates

Fixed long-term
Effective date: 04-July-2022

Interesting new rates: 5 years@ 5.00% (can be paid monthly into Gold Leaf Plus seniors - over 57- account)

19-month GIC: 4.500%

23-month GIC: 4.650%

27-month GIC: 4.700%

https://www.cwbank.com/en/investing/gic-rates

April 17, 2023
5:54 am
hwyc
GTA
Member
Members
Forum Posts: 1169
Member Since:
September 30, 2017
sp_UserOfflineSmall Offline

Two GIC specials till June 30, 2023 (14-month 5.0% & 39-month 4.5%)

https://www.cwbank.com/en/spring-gics
https://www.cwbank.com/en/investing/gic-rates

Please write your comments in the forum.