March 4, 2019
April 2, 2018
February 4, 2017
January 12, 2019
It's a good time for GIC savers right now, yet Hubert's rates are lacking. Hubert only has one offering of 5% (5.1% on their 5 year term). What gives? A lot of other favorites on this forum have stepped up. It's surprising to see Hubert offer lower rates than EQ.
As long as Hubert stays in the top 1/4 of the Chart (or very close to it),
that's fine with me.
And if you don't like an FI's rates, do what most of the rest of us do,
. . . Go Shopping ❗
My Two Centavos
" Live Long And Prosper "
October 21, 2013
April 6, 2013
And it is not in any financial institution's business interest to have deposit money come in faster than they can lend the money out.
If a two-year GIC rate of 4.6% brings in funds at the right pace for Access CU through its Hubert channel, then that is what Hubert's two-year GIC rate will be.
There's actually no prize for Access CU or any financial institution for having its GIC rates appear at the top of a rate chart when the financial institution doesn't need to increase its deposit flow.