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Oaken GIC rate increase
October 3, 2018
4:37 am
fabafter50
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Oaken has increased their GIC rates as of September 24th
Please note that effective today (Monday, September 24, 2018), we have increased the interest rates for our long-term GICs (registered and non-registered) as follows:
1 Year GIC – 2.90% (previously 2.80%)
18 Month GIC – 3.20% (previously 3.00%)
2 Year GIC – 3.30% (previously 3.10%)
3 Year GIC – 3.35% (previously 3.25%)
4 Year GIC – 3.40% (previously 3.30%)
5 Year GIC – 3.60% (previously 3.50%)

October 3, 2018
12:38 pm
gamgam
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This was covered day of September 24th under Oaken Financial another rate hike thread.

October 3, 2018
2:10 pm
fabafter50
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gamgam said
This was covered day of September 24th under Oaken Financial another rate hike thread.  

Searched Oaken and didn't see that post or obviously I wouldn't have bothered posting it. feel free to delete

October 3, 2018
3:00 pm
James
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fabafter50 said

Searched Oaken and didn't see that post or obviously I wouldn't have bothered posting it. feel free to delete  

Thanks for posting it! Sometimes they get missed so the bump helps others who may have missed it.

October 29, 2018
6:16 am
gamgam
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Another increase...

Please note that effective Friday, October 26, 2018, we have increased our interest rates for the following terms:
180-269 Day GIC – 2.75% (previously 2.05%)
270-364 Day GIC – 2.75% (previously 2.10%)
1 Year GIC – 3.00% (previously 2.90%)
18 Month GIC – 3.30% (previously 3.20%)

October 29, 2018
7:02 am
gamgam
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Maybe Oaken’s 18 month GIC should be added to the bottom of the GIC Comparison Chart?

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