GIC rate leader increasing its 2-5 year and dropping its 1 year GIC rate, both slightly, effective tomorrow | Hubert Financial | 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
GIC rate leader increasing its 2-5 year and dropping its 1 year GIC rate, both slightly, effective tomorrow
April 29, 2020
2:53 pm
Doug
British Columbia, Canada
Member
Members
Forum Posts: 4230
Member Since:
December 12, 2009
sp_UserOfflineSmall Offline
sp_UserWebsite sp_Twitter sp_Facebook sp_LinkedIn sp_YouTube
Go to Top
1sp_EditHistory sp_Permalink sp_Print

Per Rate Update e-mail:

"Effective April 30, our 1-year term rate is decreasing, but our 2-year to 5-year term rates are increasing. Our high-interest savings rate is staying at 2.00%.

Our new term rates are as follows:

1-year term - 2.30% average [down 10 bps]

2-year term - 2.20% [up 10 bps]

3-year term - 2.25% [up 10 bps]

4-year term - 2.30% [up 10 bps]

5-year term - 2.40% [up 10 bps]"

Cheers,
Doug

April 29, 2020
4:50 pm
Rick
Member
Members
Forum Posts: 1110
Member Since:
February 17, 2013
sp_UserOfflineSmall Offline
Go to Top
2sp_EditHistory sp_Permalink sp_Print

Got the email an hour ago. Nice they give you advance notice at least. Locked in a 1 year term at today's rate with funds going in Friday. Didn't know you could do that....lose 2 days interest in the first quarter, but still come out ahead over the term.
At least the long term rates went up...RSP GIC maturing in June.

April 30, 2020
1:47 am
Save2Retire@55
Member
Members
Forum Posts: 845
Member Since:
January 3, 2013
sp_UserOfflineSmall Offline
Go to Top
3sp_Permalink sp_Print

Always more beneficial to give details and links 🙂 It saves many of us Googling.

April 30, 2020
8:19 am
Dean
Valhalla Mountains, British Columbia
Member
Members
Forum Posts: 1914
Member Since:
January 12, 2019
sp_UserOfflineSmall Offline
Go to Top
4sp_EditHistory sp_Permalink sp_Print

Save2Retire@55 said

Always more beneficial to give details and links 🙂 It saves many of us Googling.  

'Googling' Not necessary ➡ https://www.highinterestsavings.ca/profile/hubert-financial/

You've been a member here, for how long ❓❗

Thanks for the chuckle. sf-laugh

sf-cool " Live Long, Healthy ... And Prosper! " sf-cool

April 30, 2020
9:58 am
Doug
British Columbia, Canada
Member
Members
Forum Posts: 4230
Member Since:
December 12, 2009
sp_UserOfflineSmall Offline
sp_UserWebsite sp_Twitter sp_Facebook sp_LinkedIn sp_YouTube
Go to Top
5sp_Permalink sp_Print

Dean said

'Googling' Not necessary ➡ https://www.highinterestsavings.ca/profile/hubert-financial/

You've been a member here, for how long ❓❗

Thanks for the chuckle. sf-laugh  

Thanks, Dean. That was my thinking as well. Most of the regulars are Hubert members, with varying degrees of their deposit balances. Thus, as you say, people can easily just navigate to their bookmarked Hubert website (perhaps even their "rates" page) and verify. Profile page link you provided is also useful. sf-cool

Cheers,
Doug

April 30, 2020
11:35 am
Rick
Member
Members
Forum Posts: 1110
Member Since:
February 17, 2013
sp_UserOfflineSmall Offline
Go to Top
6sp_Permalink sp_Print

Save2Retire@55 said
Always more beneficial to give details and links 🙂 It saves many of us Googling.  

I trust Doug's Cut n Paste skills.

April 30, 2020
4:12 pm
Save2Retire@55
Member
Members
Forum Posts: 845
Member Since:
January 3, 2013
sp_UserOfflineSmall Offline
Go to Top
7sp_Permalink sp_Print

Oh wait. I know what happened. I don't see the first post. I only see the title and just noticed that I replied to the 2nd post.
Now imagine you see the 2nd post and think umm nice where are the details.

No permission to create posts
sp_Feed All RSS
Go to top

Please write your comments in the forum.