Scrivens Insurance and investments 1 Year GIC 2.9% | GIC discussions | Discussion forum

Please consider registering
guest

sp_LogInOut Log In sp_Registration Register

Register | Lost password?
sp_Search Search
Advanced Search
Advanced Search

— Forum Scope —




— Match —





— Forum Options —





Minimum search word length is 3 characters - maximum search word length is 84 characters

sp_Search Search
Go to Bottom
No permission to create posts
sp_Feed Topic RSS sp_TopicIcon
Scrivens Insurance and investments 1 Year GIC 2.9%
July 30, 2018
2:42 pm
miro
Member
Members
Forum Posts: 37
Member Since:
April 5, 2018
sp_UserOfflineSmall Offline
Go to Top
1sp_Permalink sp_Print

Scrivens Insurance and investments
1 Year 2.90%
2-Year 3.15%
3-Year 3.20%
4-Year 3.30%
5-Year 3.52%

Link

July 30, 2018
3:39 pm
Nehpets
Ontario
Member
Members
Forum Posts: 1036
Member Since:
December 20, 2016
sp_UserOfflineSmall Offline
Go to Top
2sp_Permalink sp_Print

I've been a client of Scrivens for years and can attest to first hand superior service!

Curious to know who is offering the 2.9% as that rate is higher than other broker offerings..eg GIC WM whose current special rate offering is 2.85%

They do occasionally receive opportunities directly from smaller credit unions and have even had "rate matching" opportunities from competing FI's through Scrivens.

Stephen

July 31, 2018
11:49 am
Nehpets
Ontario
Member
Members
Forum Posts: 1036
Member Since:
December 20, 2016
sp_UserOfflineSmall Offline
Go to Top
3sp_EditHistory sp_Permalink sp_Print

The 2.9% one year rate at Scrivens is being offered by Pace CU.

Looks like Pace CU is on the hunt for capital:
Pace Credit Union New GIC Rates | GIC Discussions | Discussion forum

3.4% 29 mos

Stephen

July 31, 2018
3:25 pm
Loonie
Member
Members
Forum Posts: 9437
Member Since:
October 21, 2013
sp_UserOfflineSmall Offline
Go to Top
4sp_EditHistory sp_Permalink sp_Print

This is quite a dramatic example of how the registered accounts get a much poorer deal - especially the RIFs.

By comparison, the other one-year rates through Scrivens are:
RSP 2.70
RIF 2.45
TFSA 2.45

However, it appears that if you deal directly with PACE, you can get their special rates in RSP or TFSA (RIF is not mentioned): https://www.bankwithpace.ca/term-deposits-29-month/ These rates are fairly similar to those offered by Scrivens, but their application to registered accounts needs to be confirmed.

No permission to create posts
sp_Feed All RSS
Go to top

Please write your comments in the forum.